August 28, 2025

curated look at Raleigh (and the Triangle) real estate and lifestyle—delivered with local insight, market intelligence, and a genuine appreciation for great homes and great neighborhoods. Thoughtful. Relevant. Never canned.

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This week's Triangle Dream Homes

406 E Lane St.

Historic Oakwood (Second Empire carriage house, 1875) — $880,000
William J. Hawkins Carriage House: mansard roof with scalloped slate, heart-pine floors, 10’ ceilings; walkable DT Raleigh

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1108 Hemingway Drive

Midtown Raleigh (true Mid-Century Modern, 1974) — $749,000
1108 Hemingway Dr in Hickory Hills: cedar-sided MCM with full-height glazing; spacious 3,042 sf and a legit North Hills/ITB-adjacent location

120 Harmony Hill

You've never seen anything like this property before. 3.6 Acres in the HEART of Cary.

Local Market Impressions

📊 Raleigh–Cary Housing Market Update

Week Ending October 18, 2025

• Median Sales Price (MLS): $531,253
  Up 9.5% year-over-year and 13% from the prior week, showing surprising short-term strength.

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• Zillow Home Value Index (ZHVI): $435,712 (as of Sept 30, 2025)
  Down about 2.8% year-over-year, reflecting a broader trend of softening values across the metro.

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• Closed Sales (MLS): 138
  Up 5.3% year-over-year and 7% vs. last week, proving buyers are still active.

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• Days on Market:​
  MLS: 34 days median; Zillow: ~33 days to pending. Both confirm that homes are taking about a month to go under contract — much slower than the quick-sale pace of 2021–22.

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• Active Inventory (MLS): 2,509
  That’s up 35% year-over-year. Zillow echoes this nationally and locally, reporting inventory at a 5-year high with price cuts surging.

Takeaway:​
The MLS and Zillow data line up on the big picture — buyers have more options and time. But the week-to-week MLS numbers also remind us that demand is still strong enough to support rising prices, especially for well-prepared listings. This is a market in transition: inventory is high, but quality homes are still commanding premium prices.

Have Specific Market Questions? Just Reply to this email. Ask me anything, anytime.

Booze and Schmooze: Dining and Lifestyle News:

General Reminder: If you are blocked by paywall for a Triangle Business Journal Article, please let me know, I'm happy to send you one of my monthly "shares" so you can read the article in it's entirety.

Toastique (Midtown Raleigh)

A health-centric café brand is launching its first Raleigh location on Oct. 18, 2025, at The Exchange Raleigh (1000 Social Street, Suite 130). The menu features gourmet toasts, smoothie bowls, cold-pressed juices and coffee.

Trophy Five Points (Five Points, Raleigh)

It's almost time.... The beloved local brewery Trophy Brewing is transforming a historic 22,000-sq-ft warehouse (the former Electric Supply Co.) into its newest restaurant and taproom slated for October 2025. Features include a 9,000-sq-ft event venue, barrel-ageing room, and outdoor gathering spaces

Event of the Week: State Fair

Last Chance to hit the State Fair is Sunday the 26th!

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The Raleighwood Home by Dale Moody © 2025.​
This publication is independently produced and not affiliated with any national real estate franchise. Cornerstone Properties is a locally owned and operated firm based in Raleigh, NC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Dale Moody is a licensed Realtor® with Cornerstone Properties in the state of North Carolina, NC License #: 275028. Need assistance or have a question?
Call or text Dale directly at (919) 607-4606 or email dale@dalemoody.com

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