Holly Springs Housing Market: Prices Are Up, But Are Buyers Slowing Down?

If you're keeping an eye on the Holly Springs market, buckle up—home prices are climbing fast. The median sales price jumped to $608,800 in February, a 17.1% increase from last month. That's great news for sellers, but here’s where things get interesting. While prices soared, closed sales actually increased by 13.2%, showing that buyers are still jumping in despite the higher costs.

Other things to know:

- Price per square foot rose 6.7%, meaning homes are getting more valuable.

- New listings took a dive, down 25.9% from last year, making inventory even tighter.

- Homes are flying off the market faster, with the median days on market down 53.9%.

- Months supply of inventory skyrocketed 169.8%, giving buyers a few more options than before.

- Sellers are still getting nearly every dollar they ask for, with list price received holding at 99.1%.

So, what’s the takeaway? Holly Springs is still hot, with prices climbing and homes moving fast. If you’re selling, now’s a great time to cash in. If you’re buying, be ready to move quickly before prices go up even more!