Market report, updated

Market Report

Search in the subdivision of The Falls Condominiums

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Report prepared by grossmanrealestategroup.com Grossman Real Estate Group

Market at a glance

Over the last 6 months, homes sold for 98.5% of list price in 60 days on average.

Average price, last 12 months

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

List · $169K Sold · $166K
$190K$180K$170K$160K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 3 sales in Mar. Last month: 0.

Where the market stands

All homes in this report, by status.

7homes
Active4 · 57%
Sold (6 mo)3 · 43%

Buyer's or seller's market?

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

8.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$196K
Sold$166K

Average days on market

Active135 days
Sold60 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 4
Average list price $196,225
Avg. days on market 135 days
Avg. price per ft² $160
Avg. living area 1,277 ft²
Avg. beds / baths 2.5 / 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: 4 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 4 homes in this status.

5604 H Falls Of Neuse Rd$206
1217 Manassas Ct Unit G$181
5813 Nottoway Ct Unit A$140
1220 Manassas Ct Unit Apt B$115

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5813 Nottoway Ct Unit ARaleigh, NC 27609 331,490$210,000$14042 days
1217 Manassas Ct Unit GRaleigh, NC 27609 221,077$195,000$181137 days
5604 H Falls Of Neuse RdRaleigh, NC 27609 22946$194,900$206144 days
1220 Manassas Ct Unit Apt BRaleigh, NC 27609 331,598$185,000$115218 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 .