Triangle Real Estate Market Faces Extended Listing Times

July 4, 2025 - 02:51

The Triangle's real estate market is experiencing a shift as more homes are listed but remain on the market longer. Veteran real estate agent Jason Kogok describes this as a return to "normal" conditions following the pandemic-induced boom.

In recent months, the increase in housing inventory has led to homes taking more time to sell, a trend that contrasts sharply with the rapid sales seen during the height of the pandemic. Kogok emphasizes that this change should be viewed through a different lens, suggesting that the current market dynamics reflect a healthier balance between supply and demand.

Potential buyers are now presented with more choices, allowing them to take their time when making decisions. This shift may also encourage sellers to adjust their expectations regarding pricing and timeframes. As the market stabilizes, both buyers and sellers will need to adapt to these new conditions, which could ultimately lead to a more sustainable real estate environment in the Triangle.