Raleigh ranked number one market in US for home closings: REMAX report

RALEIGH, N.C. (WTVD) — The real estate group REMAX recently ranked Raleigh as the number one place in the country for year-over-year sales.

Closings were up almost 11% in August 2025 from the same time last year.

National overall home sales were down last month from the same time last year.

Realtor Eddie Wilson said it was not the case in the City of Oaks and Wake County metro as he’s still seeing a lot of people relocating from the Midwest, California, and the Northeast.

“You got people that are definitely buying. They’re hungry. They’re moving in and they’re coming in with equity from different places,” said Wilson.

He has six closings within two days.

ALSO SEE Gov. Stein helps open new Fujifilm biotech facility in Holly Springs

Wilson said especially when it comes to the luxury market, offers are competitive and people are losing out on properties.

“I actually just wrote an offer this weekend for approximately $76,000 over asking and $80,000 for a deposit, and we were one of three that did not get it,” explained Wilson.

With prices rising in Raleigh, Wilson said sales outside of the city are also increasing.

“Parts like Garner, Johnson County, Southeast Raleigh, East Raleigh, you got that $300,000 to about $450,000 price point. It’s still a pretty hot price point,” he said.

The median price in Raleigh, according to Redfin, was $468,000 in August, which is up more than 6% from August 2024.