Known for high-paying tech jobs, micro-breweries, and a youthful vibe, this state capital city is part of the Research Triangle.

24,200

Jobs Created
3.8%

$76,800

Median Household Income
2.2%

15,051

Total Housing Permits
.3%

360

Total Number of Projects
-8.6%

$365,358

SFD New Home List Price
.4%

0

New Home Sales
14.4%
Monthly

Market Health

Raleigh s population is 1.4M, with a total workforce of 650K. The labor market grew by 24,200 jobs over the past year, up by 3.8%. The median household income in Raleigh is $76,800, 2.2% higher than last year and 21.6% above the national average of $63,179.
In the housing market, total permits issued totaled 15,051 over the last twelve months, up 0.3% year-over-year. Raleigh has 360 active new home projects on the market, 8.6% fewer than the 394 from last year. The average list price in the market is $365,358, 0.4% higher than last year and 5.6% above the national average. Over the last three months, new home contracts increased by 14.4% to 2,242. Apex and Clayton had the highest concentration of the new home contracts in the Raleigh market.

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Work with leaders in the industry.

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal


Shaun McCutcheon

Senior Manager

Shaun McCutcheon

Senior Manager


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