April 2025 Market Trends
Welcome to our latest real estate market trends update, where we examine the current housing market landscape. As we provide the trends of the present month, we will also share a comparison with the same period in previous years. This market analysis focuses on Single Family Homes, Condos, and Townhomes, in the vibrant Charlotte metropolitan area. Whatever you are in the market for, our analysis provides a valuable snapshot of market trends year over year.
In the ever-evolving world of real estate, understanding the nuances of market shifts is a paramount priority for both buyers and sellers alike. Join us as we analyze the data and gain insight into the current state of the market, providing valuable context for those navigating property transactions. Whether you’re seeking to buy, sell, or simply stay informed, we hope that this overview provides value.
New Listings
New listings in the Charlotte area have seen a notable rebound over the past year. As of April 2025, there were 45,498 new listings recorded over the prior 12 months—an increase from 40,118 in April 2024 and even surpassing the 43,629 recorded in April 2023. This upward trend suggests sellers are regaining confidence in the market or are motivated by rising home values.
The increased inventory could offer buyers more choices and ease some of the competition seen in recent years. However, with more listings entering the market, sellers may need to consider pricing and timing more strategically to stand out. Overall, the Charlotte area housing market appears to be regaining momentum on the supply side heading into mid-2025.
Pending Sales
Pending sales in the Charlotte area are showing signs of stabilization after several years of consistent decline. In April 2025, pending sales reached 33,980, a modest increase from 32,596 in April 2024 and continuing a gradual upward trend from a low point of 32,423 in May 2024. This follows a two-year slide from a high of 47,919 in January 2022.
While the numbers remain well below their 2022 levels, the recent uptick may suggest renewed buyer activity as interest rates settle or confidence returns to the market. If the trend continues, it could signal a more balanced market emerging, where both buyers and sellers are re-engaging after a prolonged slowdown.
Sales Price
Home prices in the Charlotte area continue to trend upward, with the median sales price reaching $405,000 in April 2025, up from $396,000 in April 2024 and $395,000 in April 2023. While the pace of appreciation has been modest, the steady increase over the past two years reflects ongoing demand and limited inventory in the market.
This sustained growth in home values suggests that the Charlotte area remains a desirable market, despite broader economic pressures. Buyers may need to adjust expectations as affordability tightens, while sellers could benefit from strong pricing—especially if the recent uptick in pending sales continues.
Days on Market
Homes in the Charlotte area are taking longer to sell, with the median days on market rising to 18 days as of April 2025. This marks a significant increase from 10 days in April 2024 and just 8 days in April 2023.
The gradual rise in time on market over the past two years signals a shift in buyer behavior and possibly softening demand. While homes are still selling in under three weeks on average, this change suggests that buyers may be taking more time to make decisions, or that competition has eased slightly—giving them more room to negotiate. For sellers, it may be time to adjust pricing strategies or expectations as the market continues to normalize.
The April 2025 data reflects a gradually rebalancing housing market in the Charlotte area. Median home prices reached $405,000, up from $396,000 in April 2024 and $395,000 in April 2023, continuing the region’s steady upward price trend. Pending sales climbed to 33,980, a slight increase from 32,596 in April 2024, though still down from 35,944 in April 2023, indicating that buyer activity is steady but more measured than in previous years.
Homes are also sitting on the market longer, with the median days on market rising to 18—up from 10 days in April 2024 and just 8 days in April 2023. Meanwhile, new listings grew to 44,758, up from 42,720 last April, providing buyers with more options and giving sellers more competition. Together, these trends suggest a market that continues to favor sellers in terms of pricing but is increasingly shaped by buyer caution and a need for strategic positioning.
As we navigate these trends, we’re here to support you every step of the way. Whether you’re a prospective buyer eager to find your dream home, a homeowner considering selling, or simply seeking more information about the market, we invite you to reach out with any questions or assistance you may need. Our team of experts is dedicated to providing personalized guidance and expertise tailored to provide you with results. Let us know what you’re looking for.
