Market Report - Raleigh NC

New Home Inventory Continues to Drop in November 2009

Triangle New Home Inventory Down 38% to Last Year

If you've been looking at new homes in the Triangle, you may have noticed something... or rather, less of something.  New Home listings have been steadily decreasing, even as the new home market has been starting to gather speed again.

Here's an overview of new home listings in the Triangle, this year and last year:

New home listings are down in every market area of the Triangle.  In the areas that are significantly down, buyers may be hard pressed to find a bargain - or even the style or floor plan they have in mind.  Areas down less significantly may be somewhat more negotiable, depending on location, type of home, price point, and amenities.

Want to find out how your top choice of Triangle areas are performing, by price point?  Check out all the info here: 

• Johnston County New Homes Market Report
• SW Cary/Holly Springs/Fuquay Varina New Homes Market Report
• Wake Forest New Homes Market Report
• Cary/Apex/Morrisville New Homes Market Report
• North Raleigh/Falls Lake New Homes Market Report
• Durham County New Homes Market Report
• Inside the Beltline Raleigh New Homes Market Report
• Chatham County New Homes Market Report
• East Wake County New Homes Market Report
• Southeast Raleigh/Garner New Homes Market Report
• Chapel Hill/Carrboro New Homes Market Report
• Northeast Raleigh New Homes Market Report

In November 2008, there were 4360 new homes listed in the Triangle.

In November 2009, there were only 2699 new homes listed in the Triangle, across four counties and a multitude of cities.

Triangle new home inventory has dropped by 38% from this time last year.

Builders are building fewer "speculative" homes, and more home buyers are opting for completely custom new home packages, in every price point (which means the homes are not listed, but completed to the buyers exact specifications). 

Want to see the most recent Raleigh area market reports?

More Raleigh Market Reports   

Raleigh NC New Home Resources - Building a Home in Raleigh

Raleigh NC New Home Builders

Build On Your Lot in Raleigh, NC

Accessible Homes NC – Accessible Builders in Raleigh

Acreage Lots for Sale Raleigh, NC

Golf Course Communities – New Homes on a Golf Course in Raleigh

Raleigh, NC New Home Lots and Land

Finding Your New Home in the Raleigh Area 

Stanton Homes makes it easy!  We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations, with a focus on new custom homes in the upper $100s to the $500s. Custom design build options available too!

Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today. 

Articles copyright Stanton Homes 2006-2011.  Unauthorized use is not permitted.  Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements.  Please note:  all listing information per MLS, and current as of posting date.  Information subject to change.  Stanton Homes does not make claims to ownership of  any lot listings, but can work with homebuyers to purchase available lots and build.  Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions.  Ask for further information regarding any community, lot or floor plan.  Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area.  No claim of ownership is made to homes or land pictured.