Currently the type of market is very much agent/broker subjective. It depends on how they interpret the data and their experiences. Plus, real estate is like fortune telling whereas appraisals are like historians.
The Triangle area is experiencing a 14 year low in inventory numbers. There are more buyers than sellers. This leads some folks to claim we are in a seller's market. However, location, condition, and price rank supreme at all times. What I mean by this is some homes are still languishing on the market because no one likes them.
I believe we are somewhere in between a buyer and seller market at the moment. If you have any further questions, don't hesitate to call me at 919-732-7351.