Jacob Ellis Realty

Jacob Ellis Realty Hey there, are you tired of feeling lost and overwhelmed while trying to choose the perfect real estate agent to help you buy or sell your home?

Find The Triangle's Top Agent, Hassle-Free
With 20+ years of real estate experience and MLS data based on transactions, I match you with the perfect local agent—at no extra cost to you. Selecting the right agent can be a daunting task, but with our unique referral-based strategy, we'll connect you with the best agents in your local community who have a track record of success. So sit back, relax,

and let us take the guesswork out of finding the perfect agent for you. We understand that finding the perfect home isn't just about the property itself, but also about finding the perfect location that suits your lifestyle. That's why our website offers a seamless property search experience, and our social media channels are jam-packed with insider info on the best restaurants, hotspots, and real estate market stats in your desired area. But here's the real kicker: with our referral-based approach, we're personally invested in your success every step of the way. We only recommend agents who we'd trust with our own real estate needs, so you can rest easy knowing you're in good hands. So what are you waiting for? Whether you're relocating to NC, a first-time homebuyer, or looking to upgrade your current home, we're here to help you make the right move - and have some fun along the way! So reach out to us today and let's start hunting down your dream home together.

May 2025 Durham Real Estate Market UpdateDurham’s real estate market continues its steady pace as we head into summer. T...
06/03/2025

May 2025 Durham Real Estate Market Update

Durham’s real estate market continues its steady pace as we head into summer. The median sales price ticked up slightly to $430,500, a 0.2% increase from last year. Closed sales rose 6.8%, and active inventory jumped 53.1%, offering buyers more choices. New listings were also up 7.6%, adding fresh options to the market.

Homes are taking longer to sell than last year, with the median days on market increasing to 14, up 75.0%, though affordability remained flat.

Here’s a snapshot:

Median Sales Price: $430,500 (+0.2%)

Closed Sales: 406 (+6.8%)

Days on Market: 14 (+75.0%)

Active Inventory: 975 (+53.1%)

Price per SqFt: $239 (+0.8%)

New Listings: 567 (+7.6%)

Affordability Index: 68 (no change)

Whether you're buying or selling, the right agent makes all the difference. At Jacob Ellis Realty, I match you with an agent who knows your neighborhood—using MLS transaction data to ensure you're working with someone who’s active and experienced in your market.

And it’s a service I offer at no extra cost to you.

Learn more: jacobellisrealty.com
Email: [email protected]
Call or Text: 919-969-3627

April 2025 Durham Real Estate Market UpdateThe Durham market continues to show strength this spring, with the median sal...
06/03/2025

April 2025 Durham Real Estate Market Update

The Durham market continues to show strength this spring, with the median sales price reaching $430,000, up 4.4% year-over-year. Active inventory surged 67%, and new listings jumped 34.6%, creating more opportunities for buyers in a competitive landscape.

However, closed sales dipped 10.7%, and while homes are still moving quickly, the median days on market increased to 11, a 22.2% rise from last year.

Here’s a snapshot:

Median Sales Price: $430,000 (+4.4%)

Closed Sales: 324 (-10.7%)

Days on Market: 11 (+22.2%)

Active Inventory: 905 (+67.0%)

Price per SqFt: $242 (+4.1%)

New Listings: 583 (+34.6%)

Affordability Index: 69 (-1.4%)

Whether you're buying or selling, the right agent makes all the difference. At Jacob Ellis Realty, I match you with an agent who knows your neighborhood—using MLS transaction data to ensure you're working with someone who’s active and experienced in your market.

And it’s a service I offer at no extra cost to you.

Learn more: jacobellisrealty.com
Email: [email protected]
Call or Text: 919-969-3627

𝐌𝐚𝐫𝐜𝐡 𝟐𝟎𝟐𝟓 𝐃𝐮𝐫𝐡𝐚𝐦 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞The spring market is heating up in Durham, with the 𝐦𝐞𝐝𝐢𝐚𝐧 𝐬𝐚𝐥𝐞𝐬 𝐩𝐫𝐢𝐜𝐞 𝐜𝐥𝐢𝐦𝐛𝐢...
04/17/2025

𝐌𝐚𝐫𝐜𝐡 𝟐𝟎𝟐𝟓 𝐃𝐮𝐫𝐡𝐚𝐦 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞

The spring market is heating up in Durham, with the 𝐦𝐞𝐝𝐢𝐚𝐧 𝐬𝐚𝐥𝐞𝐬 𝐩𝐫𝐢𝐜𝐞 𝐜𝐥𝐢𝐦𝐛𝐢𝐧𝐠 𝐭𝐨 $𝟒𝟑𝟖,𝟐𝟓𝟎, 𝐚 𝟕.𝟐% 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐟𝐫𝐨𝐦 𝐥𝐚𝐬𝐭 𝐲𝐞𝐚𝐫.

𝐀𝐜𝐭𝐢𝐯𝐞 𝐢𝐧𝐯𝐞𝐧𝐭𝐨𝐫𝐲 𝐣𝐮𝐦𝐩𝐞𝐝 𝟒𝟕.𝟐%, giving buyers more options, while new listings rose 18.2%, a good sign for those looking to enter the market.

At the same time, 𝐜𝐥𝐨𝐬𝐞𝐝 𝐬𝐚𝐥𝐞𝐬 𝐝𝐫𝐨𝐩𝐩𝐞𝐝 𝟏𝟔.𝟓%, and homes are taking longer to sell, with the median days on market rising to 19, up 72.7%.

𝐇𝐞𝐫𝐞’𝐬 𝐚 𝐬𝐧𝐚𝐩𝐬𝐡𝐨𝐭:

𝐌𝐞𝐝𝐢𝐚𝐧 𝐒𝐚𝐥𝐞𝐬 𝐏𝐫𝐢𝐜𝐞: $438,250 (+7.2%)

𝐂𝐥𝐨𝐬𝐞𝐝 𝐒𝐚𝐥𝐞𝐬: 268 (-16.5%)

𝐃𝐚𝐲𝐬 𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭: 19 (+72.7%)

𝐀𝐜𝐭𝐢𝐯𝐞 𝐈𝐧𝐯𝐞𝐧𝐭𝐨𝐫𝐲: 761 (+47.2%)

𝐏𝐫𝐢𝐜𝐞 𝐩𝐞𝐫 𝐒𝐪𝐅𝐭: $231 (+2.7%)

𝐍𝐞𝐰 𝐋𝐢𝐬𝐭𝐢𝐧𝐠𝐬: 493 (+18.2%)

𝐀𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐈𝐧𝐝𝐞𝐱: 68 (-5.6%)

Whether you're buying or selling, the right agent makes all the difference. At 𝐉𝐚𝐜𝐨𝐛 𝐄𝐥𝐥𝐢𝐬 𝐑𝐞𝐚𝐥𝐭𝐲, I match you with an agent who knows your neighborhood by using 𝐌𝐋𝐒 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐝𝐚𝐭𝐚 to ensure you're working with someone who’s active and experienced in your market.

And it’s a service I offer 𝐚𝐭 𝐧𝐨 𝐞𝐱𝐭𝐫𝐚 𝐜𝐨𝐬𝐭 𝐭𝐨 𝐲𝐨𝐮.

Learn more: jacobellisrealty.com

Email: [email protected]

Call or Text: 919-969-3627

𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟓 𝐃𝐮𝐫𝐡𝐚𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞The latest trends show a 6.2% increase in median home prices, now at $425,990, while a...
03/21/2025

𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟓 𝐃𝐮𝐫𝐡𝐚𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞

The latest trends show a 6.2% increase in median home prices, now at $425,990, while active inventory is up 27%, giving buyers more choices. However, closed sales dropped 14.7%, signaling a shift in the market. Homes are also taking longer to sell, with the median days on market rising to 35 days, a 94.4% increase.

𝐊𝐞𝐲 𝐬𝐭𝐚𝐭𝐬:

Median Sales Price: $425,990 (+6.2%)
Closed Sales: 237 (-14.7%)
Median Days on Market: 35 (+94.4%)
Active Inventory: 711 (+27.0%)
Median Sold Price per SqFt: $232 (+7.2%)
New Listings: 408 (+4.1%)

If you're thinking of buying or selling, having the right agent matters more than ever. At Jacob Ellis Realty, I help match you with the best agent for your specific market—at no extra cost.

Learn more at: jacobellisrealty.com
Email: [email protected]
Call or Text: 919-969-3627

🏡 January 2025 Durham Market Update 🏡The numbers are in! The median sales price in Durham sits at $399,000, down 1.3% fr...
02/05/2025

🏡 January 2025 Durham Market Update 🏡

The numbers are in! The median sales price in Durham sits at $399,000, down 1.3% from last year. Closed sales dropped 7%, while active inventory saw an 18.2% increase—meaning more options for buyers. The median price per square foot is $221, up 0.9%, and homes are taking 40 days to sell on average, a 49.1% increase from last year.

We always hear that real estate is about location, location, location—but the same is true for the agent who represents you. Selling a luxury home, condo, acreage, or any unique property comes with specific challenges. You need an agent who not only understands the market but has proven experience in that exact location.

That’s where I come in.

I'm Chadd, Owner/Broker of Jacob Ellis Realty in Durham, NC. I don’t list or sell homes—I match buyers and sellers with the right agent based on MLS transaction data. By analyzing where agents are actively closing deals, I ensure you’re connected with a professional who truly knows your market.

And the best part? This service comes at no extra cost to you.

Learn more here: jacobellisrealty.com
📧 Email: [email protected]
📱 Call or Text: 919-969-3627

We always hear that real estate is about location, location, location—but the same is true for the agent who represents ...
01/31/2025

We always hear that real estate is about location, location, location—but the same is true for the agent who represents you. Selling a luxury home, condo, acreage, or any unique property comes with specific challenges. You need an agent who not only understands the market but has proven experience in that exact location.

That’s where I come in.

I'm Chadd, Owner/Broker of Jacob Ellis Realty in Durham, NC. I don’t list or sell homes—I match buyers and sellers with the right agent based on MLS transaction data. By analyzing where agents are actively closing deals, I ensure you’re connected with a professional who truly knows your market.

And the best part? This service comes at no extra cost to you.

Learn more here: jacobellisrealty.com
Email: [email protected]
Call or Text: 919-969-3627

Address

Durham, NC
27713

Telephone

+19192613231

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