Market report, updated

Market Report

Search in the subdivision of Ellis Place

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Report prepared by raleighrealestatesearch.com

Market at a glance

Over the last 6 months, homes sold for 97.2% of list price in 37 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $295K Sold · $270K
$360K$330K$300K$270K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Jun. Last month: 1.

Where the market stands

All homes in this report, by status.

6homes
Active3 · 50%
Sold (6 mo)3 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$272K
Sold$313K

Average days on market

Active53 days
Sold37 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 3
Average list price $271,600
Avg. days on market 53 days
Avg. price per ft² $173
Avg. living area 1,643 ft²
Avg. beds / baths 3.3 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$300K$200K$100K$0

Price vs. living area: 3 homes plotted, up to $300K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 3 homes in this status.

615 Hope Ave$227
622 Hope Ave$151
521 Burlington Ave$142

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
622 Hope AveDurham, NC 27707 3—1,711$260,000$1511 day
521 Burlington AveDurham, NC 27707 432,100$299,900$1422 days
615 Hope AveDurham, NC 27707 321,120$254,900$227157 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .