T
he Triangle's real estate market is experiencing a shift, with more homes listed but taking longer to sell. According to veteran agent Jason Kogok, this marks a return to "normal" conditions after the pandemic-induced boom.

    A recent market analysis shows that inventory has increased by 44%, and homes are staying on the market for an average of 45 days, up 18% from last year.

    Kogok attributes this change to sellers needing to improve their properties before listing them. He's been selling homes in the Triangle area for over 20 years and considers the current state "normal." However, he notes that it doesn't feel normal due to the recent past, when artificially low interest rates fueled a surge in buyers.

    The market analysis also shows that home prices remained steady from 2024 to 2025, with a slight decrease of 5% in Wake County. Kogok suggests that this is partly due to people choosing to stay in Raleigh and take advantage of remote work opportunities, rather than moving out of state.

    While some may view lower interest rates as a boon for buyers, Kogok warns that economic uncertainty can outweigh the benefits of low rates. He notes that people's confidence in their jobs and income plays a significant role in their decision to buy a home, regardless of interest rates.