The exchange runs through Sunday when everything let gets slashed to half price. It's free and open to the public.
The event has grown into the largest kid's consignment sale in the country and record numbers are expected to attend.
The deals are the reason for the more than 30,000 people using wagons, strollers and garbage pails as shopping carts to hit the Jim Graham Building through Sunday - when everything gets marked down to half the price.
"My biggest tip would be to come with a list," Exchange Co-founder Amy Winstead said. "This place can be a little bit overwhelming. There's 150,000 square feet of merchandise to choose from. Make a list and bring it with you."
Shoppers at this summer sale are stocking up on clothing for the fall and winter sellers make two-thirds of their asking price on items.
"You're saving yourself economically so there's really no reason to stock up," Shopper August Wells said. "I'm probably paying 5 percent."
"The consignment business is booming in the recession but this actually started 13 years ago in a Raleigh neighborhood and it's grown into this the largest kid's consignment sale in the country," Winstead said. "We've had record numbers once again over 3,000 sellers, well over 30,000 people will be attending this, and we are privileged and so blessed to be serving our community in this way."
To find out more information about the Kids Exchange Consignment Sale, visit its website at http://www.kidsexchange.net/home.html.