Market Trends – My Home North Carolina

December 2025 Market Trends

Posted on January 8, 2026 by MTHadmin

Welcome to our latest real estate market trends update, where we examine the current housing market landscape. As we provide the trends of the latest 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 tell a story of gradual recovery and renewed momentum. After peaking in early 2022 and then steadily declining through late 2023, listing activity began to stabilize and turn upward throughout 2024. That upward trend carried into 2025, with rolling 12-month new listings climbing consistently and ending the year just above 47,000. This rebound suggests that more homeowners are finding the confidence and motivation to bring properties to market, helping restore balance after a prolonged period of tight supply.

While listing levels have not returned to the highs seen a few years ago, the steady increase is an encouraging signal for overall market health. More new listings mean greater choice for buyers and more movement across the market, without the volatility that often accompanies sudden spikes in inventory. For both buyers and sellers in the Charlotte area, this trend points to a market that is becoming more active, more accessible, and better positioned for sustainable growth as conditions continue to normalize.

Pending Sales

Pending sales in the Charlotte area show a quiet but meaningful upward trend, signaling steady demand beneath the surface of the market. After holding relatively flat from December 2023 to December 2024, pending sales picked up more noticeably by the end of 2025, reaching 34,601 on a rolling 12-month basis. This increase suggests that buyers are continuing to engage, even as they navigate higher prices and longer decision timelines.

The growth in pending sales is a healthy indicator of forward momentum, as these contracts represent tomorrow’s closed transactions. Rather than a surge driven by urgency, the data points to thoughtful, sustained buyer activity and growing confidence in the market. For the Charlotte area, this steady rise supports a picture of a market that remains resilient, with demand strong enough to absorb increasing inventory and keep transactions moving at a sustainable pace.

Sales Price

Median sales prices in the Charlotte area continue to demonstrate long-term strength, reflecting a market that has steadily matured rather than overheated. Since early 2022, prices have climbed consistently, moving from the mid-$300,000s into the low-$400,000s. After a period of relative stabilization through much of 2023 and early 2024, prices resumed a gradual upward trajectory, reaching $414,000 by December 2025 on a rolling 12-month basis.

This pattern points to healthy appreciation supported by sustained demand rather than sharp, volatile swings. The recent price gains suggest buyers are still willing to invest, while the measured pace of growth indicates a more balanced environment compared to the rapid acceleration seen in prior years. For the Charlotte area, rising median prices alongside increasing inventory and longer days on market paint a picture of a market that remains resilient, competitive, and increasingly defined by thoughtful, well-informed decision-making.

Days on Market

Median days on market in the Charlotte area have steadily increased over the past two years, signaling a clear shift toward a more normalized and sustainable pace of activity. Rolling 12-month figures show homes spending a median of 11 days on the market in December 2023, rising to 16 days by December 2024, and reaching 24 days by December 2025. This progression reflects a market that has moved away from the ultra-fast conditions of earlier years.

While homes are taking longer to sell, this trend points to a healthier dynamic overall. Buyers have more time to evaluate options, compare listings, and make confident decisions, while sellers are operating in an environment that rewards accurate pricing and thoughtful preparation. For the Charlotte area, longer days on market suggest balance returning to the marketplace—creating steadier expectations and a more predictable experience for both sides of the transaction.

Summary

The latest data points to a Charlotte area housing market that is active, evolving, and settling into a more balanced rhythm. New listings have risen meaningfully over the past year, signaling renewed seller confidence and giving buyers a wider range of options than they’ve had in recent cycles. At the same time, pending sales have continued to climb on a rolling 12-month basis, indicating that buyer demand remains steady and capable of absorbing the increased inventory. This combination suggests a market that is expanding in a healthy way, rather than overheating or stalling.

Price trends further reinforce this picture of stability. Median sales prices in the Charlotte area have continued to trend upward, reaching new highs and underscoring the region’s long-term desirability and economic strength. Meanwhile, median days on market have increased, reflecting a shift away from the rapid-fire pace of previous years. Homes are taking longer to sell, but they are still selling—often at strong prices. Together, these indicators point to a more thoughtful, sustainable market where buyers have time to make informed decisions and sellers who price strategically can still achieve successful outcomes.

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.

November 2025 Market Trends

Posted on December 10, 2025 by MTHadmin

New Listings

New listings in the Charlotte area have continued a steady upward climb over the past three years, signaling renewed movement and confidence among homeowners. Rolling 12-month activity rose from 38,504 in November 2023 to 43,376 in 2024, and now to 47,051 in 2025. This consistent growth points to a market where more sellers are stepping forward and inventory is rebuilding at a healthy, measured pace.

The increase in available homes gives buyers more options and helps ease some of the tightness that has defined recent years. With more listings coming online and demand in the region staying strong, the market is finding a more balanced footing—supporting a positive, sustainable environment for both buyers and sellers.

Pending Sales

Pending sales in the Charlotte area have moved through a long period of recalibration and are now showing meaningful signs of renewed momentum. After peaking in early 2022, demand gradually cooled through late 2022 and into 2023, settling into a more sustainable rhythm. By the end of 2023, pending activity stabilized in the low-33000s, creating the foundation for a healthier, more balanced market. That stability proved to be a turning point.

Throughout 2024 and into 2025, pending sales have steadily strengthened. Rolling 12-month totals climbed from 32,222 in November 2023 to 33,374 in November 2024, and now to 34,659 in November 2025. This gradual, consistent rise points to buyers returning to the market with growing confidence. With demand firming and inventory expanding at the same time, the Charlotte area continues shifting toward a more optimistic and sustainable housing landscape—one where buyers and sellers can engage without the extremes of past years.

Sales Price

Median sales prices in the Charlotte area continue to reflect steady, sustainable growth. Over the past three years, the rolling 12-month median has risen from $392,500 in November 2023 to $400,764 in 2024, and now to $411,559 in November 2025. This trajectory shows a market that’s appreciating at a measured and healthy pace—strong enough to signal confidence, yet moderate enough to keep long-term affordability within reach for many buyers.

The consistency of this upward movement points to a region that remains highly desirable, supported by population growth, a resilient job market, and an expanding range of housing options. Rather than the rapid spikes seen in earlier cycles, the Charlotte area is settling into more predictable, sustainable price appreciation—an encouraging sign for both current homeowners and prospective buyers planning for the years ahead.

Days on Market

The Charlotte area continues to move toward a more balanced housing landscape, and the median days on market tell that story clearly. After the ultra-fast pace of 2022—when homes regularly went under contract in just four days—the market has gradually eased into a more sustainable rhythm. By late 2023, typical marketing time had risen into the low teens, and throughout 2024 and 2025 that steady upward trend continued, reaching 23 days in November 2025 on a rolling 12-month basis. This shift reflects a marketplace no longer defined by urgency, giving buyers space to make decisions without the pressure cooker conditions of earlier years.

Even with this increase, homes are still selling in under a month on average, which keeps the Charlotte area firmly in healthy territory. Instead of signaling weakness, the longer marketing time suggests improved balance between supply and demand, more options for buyers, and a calmer environment for sellers who want thoughtful, qualified offers. The region remains desirable—but now with a pace that feels more measured, intentional, and accessible to a wider range of buyers.

Summary

The latest data shows the Charlotte area moving through a healthy, sustainable phase of growth. New listings have climbed steadily for three consecutive years, reaching more than 47,000—a clear sign that seller activity is strengthening and options are steadily expanding for buyers. Pending sales, while lower than the 2022 peak, have stabilized and are now trending upward again, reflecting renewed buyer engagement as the market adjusts to more balanced conditions. At the same time, median sales prices continue their consistent rise, moving from $392,500 to $411,559 over the past two years, underscoring the region’s ongoing desirability and the long-term value homeowners continue to see.

Homes are also spending more time on the market, with median days on market rising to 23 days—still well under a month and far from signaling weakness. Instead, this shift points to a calmer, more thoughtful market where buyers have room to breathe and sellers are competing in a more normal environment. Taken together, these trends paint a picture of a maturing Charlotte housing market: one that is growing, stabilizing, and offering a healthier balance between opportunity and pace.

October 2025 Market Trends

Posted on November 12, 2025 by MTHadmin

New Listings

The Charlotte area housing market continued to show healthy momentum through October 2025, with new listings reaching 47,218 over the past 12 months—up from 43,093 a year earlier. This marks a notable gain in inventory, reflecting increased seller confidence and a more dynamic flow of homes entering the market. After a period of lower listing activity in 2023, the steady climb throughout 2024 and into 2025 highlights growing participation and renewed energy among homeowners looking to make a move.

The expanding pool of listings gives buyers more choices while supporting a more balanced and sustainable housing environment across the Charlotte area. Rather than signaling oversupply, the consistent uptick in new listings suggests a maturing market that is adjusting naturally after years of rapid growth. The current trend points toward stability, with both buyers and sellers benefiting from a more even pace and continued long-term strength in the region’s housing market.

Pending Sales

The Charlotte housing market continued its steady recovery through October 2025, as pending sales rose to 34,677 over the past 12 months—up from 33,070 in October 2024 and 33,246 in October 2023. This marks a 4.9% year-over-year increase, signaling a renewed wave of buyer activity after two years of relatively flat movement.

The gain in pending sales reflects improving buyer confidence, supported by a gradual stabilization in mortgage rates and growing housing inventory across the region. With more new listings entering the market and buyers showing a willingness to engage, the Charlotte area continues to demonstrate underlying market resilience. The increase in contract activity suggests that the local housing market is maintaining strong momentum heading into late 2025, setting the stage for a healthy close to the year.

Sales Price

Home prices in the Charlotte area have continued to show remarkable steadiness and gradual growth, with the median sales price reaching $410,000 as of October 2025. This marks a 2.5% increase from $400,000 the year prior and reflects consistent upward momentum following a period of stabilization through 2023 and early 2024.

The market’s steady appreciation underscores the region’s strong housing demand and economic resilience. After prices leveled off in 2023, the renewed climb in 2024 and 2025 suggests a balanced environment where both buyers and sellers are finding confidence. Charlotte’s combination of economic vitality, job growth, and lifestyle appeal continues to support long-term value gains in residential real estate, keeping the market on a healthy, sustainable trajectory.

Days on Market

Homes in the Charlotte area are spending a bit more time on the market, with the median days on market rising from 14 in October 2024 to 23 in October 2025. While this shift signals a modest cooling compared to the rapid pace seen in recent years, it also points to a healthier, more balanced housing market—one that gives buyers additional time to make confident decisions and sellers a steadier environment for pricing and negotiation.

This gradual adjustment reflects Charlotte’s evolution from a highly competitive, fast-moving market to one that’s maturing in response to broader economic conditions. Even with longer listing times, continued price stability and steady demand indicate that the region remains a desirable and resilient place to buy or sell a home.

The Charlotte area housing market in November 2025 reflects steady growth and a welcome shift toward balance after several fast-paced years. New listings have climbed to 47,218 over the past 12 months, up from about 38,430 the year prior. This increase in supply provides buyers with more options and reduces the intense competition that previously characterized the market. At the same time, pending sales rose modestly from 33,070 in October 2024 to 34,677 in October 2025, signaling that buyer activity remains strong even as inventory expands—a promising sign of sustained confidence in the market.

Home prices continued their gradual ascent, with the median sales price reaching $410,000 in October 2025, compared to $400,000 a year earlier. This marks a steady and healthy appreciation trend, supported by stable demand and economic resilience across the region. Meanwhile, homes are spending more time on the market, with median days on market increasing from 14 to 23 year-over-year. This cooling pace suggests the Charlotte area is finding its equilibrium, transitioning from the frenetic seller’s market of the past few years toward a more sustainable, balanced environment that benefits both buyers and sellers alike.

September 2025 Market Trends

Posted on October 8, 2025 by MTHadmin

New Listings

The Charlotte area housing market continues to show strong momentum, with new listings on the rise for the second consecutive year. As of September 2025, there were 46,745 new listings over the past 12 months — up from 42,875 a year earlier and 38,536 the year before that. This steady growth highlights increasing seller confidence and signals a more dynamic market environment where buyers have more opportunities to find the right home.

The continued influx of new listings suggests that the Charlotte area market is becoming more balanced, offering greater flexibility for both buyers and sellers. With more homes entering the market, competition among listings may also help moderate price pressures, creating a healthier and more sustainable pace for the region’s housing activity.

Pending Sales

Pending sales in the Charlotte area are showing signs of renewed activity after a gradual slowdown over the past two years. As of September 2025, there were 34,729 pending sales over the past 12 months — up slightly from 32,700 in September 2024. This marks the first notable year-over-year increase since 2021, suggesting that buyer activity is stabilizing and confidence is returning to the market.

While overall sales volumes remain below their 2022 highs, the recent uptick points to a potential rebound in demand as market conditions become more favorable. With more listings becoming available and pending sales, the Charlotte area housing market is showing healthy signs of balance and renewed momentum heading into the coming months.

Sales Price

The Charlotte area’s median sales price continues its steady climb, reaching $410,000 in September 2025, up from $400,000 a year earlier and $392,950 in 2023. This consistent growth of about 2.5% year-over-year highlights the area’s ongoing housing demand and market stability, even as conditions evolve.

Buyers remain willing to pay competitively priced homes, while sellers continue to benefit from solid appreciation over time. The steady rise in median prices underscores the Charlotte area’s strength as a desirable and resilient real estate market.

Days on Market

Homes in the Charlotte area are taking slightly longer to sell, with the median days on market rising to 22 days in September 2025, compared to 13 days a year earlier and just 12 in 2023. This gradual increase points to a more balanced market where buyers have a bit more time to make decisions and sellers are adjusting to new market rhythms.

While homes are spending longer on the market, the pace remains historically reasonable, especially considering the area’s sustained growth in both prices and listings. The shift suggests a maturing market—one that continues to attract strong demand but with a healthier tempo favoring thoughtful transactions over rushed offers.

The Charlotte area housing market in September 2025 reflects steady growth and a continued shift toward balance. New listings climbed to 46,745 over the past 12 months, up from 42,875 a year earlier, indicating stronger seller confidence and more options for buyers entering the market. Pending sales also showed positive momentum, rising to 34,729 in September 2025 from 32,700 the year prior—an encouraging sign that buyer activity remains strong even as inventory expands.

At the same time, home prices continued their consistent upward trend, with the median sales price reaching $410,000, up from $400,000 last year. This moderate increase highlights sustained demand and market stability. However, homes are taking longer to sell, with the median days on market increasing to 22, up from 13 a year earlier. The longer selling period signals a cooling from the rapid pace of recent years, allowing both buyers and sellers more breathing room in negotiations while maintaining a fundamentally healthy and resilient market.

August 2025 Market Trends

Posted on September 9, 2025September 9, 2025 by MTHadmin

New Listings

The August 2025 data shows that new listings in the Charlotte area continue to strengthen after two years of steady recovery. The rolling 12-month total reached 89,606, compared to 77,832 in August 2023 and 94,542 in August 2022. While still slightly below the highs of 2022, this consistent upward trend signals a healthier flow of homes entering the market, giving buyers more options than in recent years.

This steady rise in listings reflects growing seller confidence and improved inventory stability. Buyers now have greater selection, easing some of the intense competition seen in the past, though demand remains strong enough to keep homes moving. If the upward trajectory continues into fall, it may create more balanced conditions between buyers and sellers heading into 2026.

Pending Sales

The Charlotte market’s pending sales are showing signs of stabilization. In August 2025, there were 60,996 pending sales, up from 59,908 in August 2024 and close to the 61,236 recorded in August 2023. This rebound from last year’s dip suggests that buyer activity is holding steady.

While pending sales haven’t surged, the year-over-year improvement points to a more balanced dynamic between buyers and sellers. Demand is holding firm even as more homes come to market, which could help keep pricing trends from swinging too sharply in either direction. This stability positions the market for a smoother transition into the fall and winter seasons.

Sales Price

The Charlotte area’s median sales price has continued a steady climb over the past three years. In August 2025, the median sales price reached $375,000, up from $365,000 in August 2024 and $340,000 in August 2022.

While prices flattened during much of 2023, momentum picked back up through 2024 and into 2025, bringing the market to a new high. This consistent upward trend highlights the continued strength of home values in the region, even as buyers and sellers adapt to shifting conditions.

Days on Market

The latest data shows that homes in the Charlotte region are spending significantly more time on the market compared to the past two years. In August 2023, the median days on market stood at 14, which increased modestly to 16 days by August 2024. However, by August 2025, the median jumped to 25 days—marking the highest level in recent years.

This steady upward trend indicates that buyers now have more time to make decisions, and homes are no longer moving as quickly as they once did. For sellers, this could mean adjusting expectations around pricing and timing, while buyers may benefit from less competition and more room to negotiate.

The Charlotte housing market in August 2025 shows a mix of stability and shifting trends across key indicators. New listings continued to climb, reaching 89,606 over the past 12 months, up from 77,832 a year earlier. This steady rise in inventory suggests more options for buyers and a healthier flow of homes entering the market compared to last year. Pending sales, however, remained relatively flat year-over-year, coming in at 60,996 for August 2025 compared to 59,908 in August 2024, highlighting that buyer activity has held steady even as more listings become available.

Home prices remain on a slow but consistent upward climb. The median sales price reached $375,000 in August 2025, compared to $365,000 the year prior, reflecting a $10,000 gain over the past year. While price growth remains modest, the more striking change lies in market pace—median days on market jumped to 25, up sharply from 16 in August 2024. This increase in time to sell shows that while buyers still have demand, they are moving more cautiously, creating a more balanced environment between buyers and sellers.

July 2025 Market Trends

Posted on August 13, 2025 by MTHadmin

New Listings

The July 2025 data shows continued growth in housing supply across the Charlotte area, with new listings reaching 89,763 over the past 12 months—up from 83,925 in July 2024 and 78,491 in July 2023. This marks the second consecutive year of notable year-over-year increases, signaling a sustained rebound in seller activity after the slower pace of 2022 and early 2023.

This steady rise in listings is expanding options for buyers and may help temper competition in a market that has been challenging for many in recent years. While demand remains strong, the increasing inventory suggests conditions could be shifting toward a more balanced market, giving buyers more negotiating leverage and allowing sellers to focus on strategic pricing and presentation.

Pending Sales

Pending sales in the Charlotte area showed signs of stabilization in July 2025, reaching 60,703 over the past 12 months. This is slightly higher than 60,124 in July 2024 and marks the first year-over-year gain since the sharp declines of 2022 and early 2023, when annual sales activity fell from over 84,000 in January 2022 to under 61,000 by mid-2024.

While the pace of growth remains modest, this plateau suggests buyer demand may be finding its footing after two years of market cooling. Combined with rising new listings, the leveling trend could indicate a more balanced housing market ahead—one where competition remains but buyers and sellers have a clearer sense of current conditions.

Sales Price

The Charlotte area housing market continued its steady price growth in July 2025, with the median sales price climbing to $375,000. This represents a 3% increase from $363,900 in July 2024 and a 6% gain from $353,000 in July 2023.

These consistent year-over-year gains suggest ongoing buyer competition, even as sales activity has leveled off. Rising prices, paired with an increase in both new listings and stabilized pending sales, point toward a market where buyers face higher costs but also benefit from more choices than in prior years.

Days on Market

In July 2025, homes in the Charlotte area were taking a median of 24 days to sell, marking a noticeable shift from the hyper-competitive conditions of just two years ago. This is up from 16 days in July 2024 and 14 days in July 2023, reflecting a slower pace of buyer activity and giving purchasers more time to make decisions.

The steady rise in days on market over the past two years suggests that while demand remains present, the market is no longer as frenzied. Sellers may need to adjust expectations, focusing more on competitive pricing and presentation to capture buyer interest in this gradually cooling environment.

In July 2025, the Charlotte-area housing market showed signs of moderation, with homes taking a median of 24 days to sell—up from 16 days in July 2024 and 14 days in July 2023. This consistent increase in time on market points to a shift from the frenzied, fast-moving conditions of prior years toward a pace that allows buyers more breathing room in their decision-making. While demand remains steady, the additional time before closing suggests that competition has cooled somewhat, and properties are no longer flying off the market as quickly.

This softening trend means sellers may need to adapt their strategies to secure offers, placing greater emphasis on competitive pricing, strong marketing, and move-in-ready presentation to stand out. For buyers, the extended timeline provides a valuable opportunity to compare options, negotiate more confidently, and potentially secure favorable terms. Overall, the July 2025 data reflects a market still active, but with a more balanced dynamic between buyers and sellers compared to recent years.

June 2025 Market Trends

Posted on July 8, 2025 by MTHadmin

New Listings

New listing data for June 2025 points to continued momentum in seller activity across the Charlotte area. The rolling 12-month total of new listings climbed to 46,336, up from 41,390 in June 2024 and 40,806 in June 2023. This marks the fourth consecutive month of growth in new inventory and suggests improving seller confidence in market conditions.

The steady rise in listings could benefit buyers by increasing available options and potentially easing competition in some price points. For sellers, however, this trend may require more strategic pricing and marketing as inventory levels edge up. All signs point to a market that’s becoming more balanced, with both sides needing to pay close attention to timing and trends.

Pending Sales

The latest data through June 2025 shows a modest rebound in pending sales activity across the Charlotte area. Rolling 12-month pending sales rose to 34,340, up from 32,464 in June 2024, though still slightly below the 34,723 recorded in June 2023.

This uptick suggests that buyer activity is beginning to recover after a slower 2024, even as mortgage rates and market conditions remain a factor. While not yet back to pre-2024 levels, the increase signals renewed interest and movement from buyers, likely influenced by the growing number of homes coming to market.

Sales Price

The June 2025 data shows continued appreciation in home values across the Charlotte area. The median sales price has climbed to $408,700, up from $399,500 in June 2024 and $393,235 in June 2023. This steady upward trend highlights sustained buyer demand and market resilience, despite fluctuations in sales volume and time on market.

While home prices continue to rise, the pace of growth has been relatively measured compared to the sharp increases of 2022. Still, the consistent year-over-year gains may place added pressure on affordability for some buyers, even as competition grows with increased inventory.

Days on Market

Homes in the Charlotte area are taking significantly longer to sell compared to previous years. As of June 2025, the median days on market has climbed to 20 days, up from 11 days in June 2024 and 10 days in June 2023. This continued increase signals a shift in buyer behavior and market pace, potentially driven by rising prices, economic uncertainty, or greater inventory giving buyers more options and time.

While a 20-day median is still relatively moderate in historical context, this steady upward trend over the past two years points to a rebalancing market. Sellers may need to adjust expectations around timing and prepare for more strategic pricing and marketing to remain competitive as buyers take longer to make decisions.

The June 2025 data reveals continued momentum in the Charlotte housing market, with both inventory and prices on the rise. The median sales price climbed to $408,700, up from $399,500 in June 2024 and $393,235 in June 2023—extending the area’s multi-year trend of steady appreciation. Pending sales also showed improvement, increasing to 34,340 from 32,464 a year ago, suggesting buyer activity is beginning to pick back up after softening in 2023.

Meanwhile, homes are spending more time on the market, with median days on market reaching 20 in June 2025—up from 11 in 2024 and 10 in 2023. At the same time, new listings hit 46,336, a notable increase from 41,390 last June. These shifts point to a market that’s regaining balance, where rising inventory is giving buyers more options and time, and sellers must stay responsive to pricing trends to compete effectively.

May 2025 Market Trends

Posted on June 11, 2025June 11, 2025 by MTHadmin

New Listings

New listings in the Charlotte area have shown a steady upward trend through May 2025, reaching 46,187 over the past 12 months. This marks a notable increase from 40,903 in May 2024 and 42,384 in May 2023, indicating a consistent rise in seller activity and housing inventory. Compared to the low point in June 2023, when listings dropped to 40,806, the market has rebounded significantly.

While inventory still trails the 2022 highs—when listings peaked at over 51,000—the ongoing climb reflects growing confidence among sellers and may provide buyers with more options heading into summer. If this pace continues, buyers may benefit from more selection, while sellers could face increased competition, making pricing strategy especially important.

Pending Sales

Pending sales in the Charlotte area rose modestly over the past year, climbing to 34,361 as of May 2025. This represents a 6% increase from the 32,423 pending sales recorded in May 2024, though still down from 35,175 in May 2023.

The uptick suggests a possible rebound in buyer activity following a slower 2024. While demand hasn’t returned to previous highs, the year-over-year gain may signal increased confidence among buyers as inventory grows and price trends stabilize.

Sales Price

Home prices in the Charlotte area continue to climb steadily, with the median sales price reaching $406,625 as of May 2025. This marks a 2.1% increase over the $398,405 median reported in May 2024 and a gain from $395,000 in May 2023. While the pace of growth has slowed compared to earlier in the decade, prices are consistently edging upward.

The sustained rise in prices suggests ongoing demand, despite economic headwinds and rising inventory levels. For buyers, it reflects the importance of acting strategically in a market that’s appreciating gradually. For sellers, consistent price growth may support stronger list prices—though competition remains a factor given increased listings.

Days on Market

Homes in the Charlotte area are taking longer to sell, with the median days on market rising to 19 in May 2025. That’s a notable jump from 11 days in May 2024 and nearly double the 9-day median seen in May 2023.

This upward trend points to a cooling in buyer urgency, likely influenced by increased inventory and more cautious decision-making. Sellers may need to adjust expectations around time on market and consider pricing or presentation strategies to stay competitive.

The May 2025 data highlights a Charlotte housing market that continues its steady price climb while offering buyers more choices and time. The median sales price rose to $406,625—up from $398,405 in May 2024 and $395,000 in May 2023—marking consistent year-over-year appreciation. Pending sales increased to 34,361, reversing last year’s dip from 35,175 to 32,423, signaling a slight rebound in buyer demand.

At the same time, homes are staying on the market longer, with the median days on market jumping to 19 from 11 in May 2024 and 9 the year before. New listings also grew, reaching 46,187 compared to 40,903 in May 2024, giving buyers more negotiating power. These trends suggest a still-competitive market, but one where buyers are taking a more measured approach and sellers must remain strategic in pricing and presentation.

April 2025 Market Trends

Posted on May 14, 2025 by MTHadmin

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.

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.

March 2025 Market Trends

Posted on April 9, 2025 by MTHadmin

New Listings

As of March 2025, the Charlotte area real estate market continues to demonstrate signs of stabilization following notable shifts over the past two years. New listings have risen to 44,811, up from 39,459 in March 2024 and 44,865 in March 2023. This rebound suggests a growing seller confidence and increased housing supply, though the market has yet to return to the higher volumes seen in early 2022, when listings peaked above 50,000.

The gradual increase in inventory provides prospective buyers with more choices, potentially easing competition in certain segments. However, the steady but modest pace of this recovery also reflects a market still adjusting to economic shifts, interest rates, and affordability concerns. As listings tick upward, strategic pricing and strong marketing will become increasingly important for sellers seeking to stand out in a more balanced environment.

Pending Sales

As of March 2025, pending sales in the Charlotte area is showing signs of modest recovery after a period of decline. The number of pending sales has risen to 33,920, up from 32,725 in March 2024, though still below the 36,471 recorded in March 2023. This year-over-year improvement suggests a slight boost in buyer activity, potentially driven by increased inventory and seasonal demand.

While the market has not fully returned to 2023 levels, the uptick in pending sales may indicate growing consumer confidence and improving conditions for sellers. However, continued affordability challenges and shifting interest rates may keep transaction volumes below peak levels. Both buyers and sellers should remain aware of changing dynamics and be prepared to adapt quickly as the market continues its path toward stabilization.

Sales Price

As of March 2025, the Charlotte area housing market continues to demonstrate steady appreciation in home values. The median sales price has held at $405,000 for three consecutive months—up from $395,000 in March 2024 and $396,000 in March 2023. This consistent year-over-year increase reflects ongoing demand and market resilience, despite broader economic uncertainties and shifting interest rate environments.

Home prices have remained stable since mid-2024, with gradual gains pushing values to new highs by year-end. This upward trend in prices may offer reassurance to sellers and long-term investors, while posing affordability challenges for first-time buyers. Overall, the Charlotte area market continues to show strength in property values, suggesting that pricing strategy remains a key consideration for those entering or navigating the market in 2025.

Days on Market

As of March 2025, the median days on market for homes in the Charlotte area has climbed to 17 days—up from 10 days in March 2024 and just 7 days in March 2023. This marks a continued trend of homes taking longer to sell compared to the fast-paced conditions seen in recent years.

The increase in time on market may reflect a combination of factors, including higher inventory levels, more selective buyers, and shifting affordability in light of elevated home prices and interest rates. While the market is still moving at a reasonable pace, the extended selling timeline may give buyers more breathing room and negotiating power, while prompting sellers to price competitively and invest in marketing to stand out.

The March 2025 data highlights a steady rise in home values across the Charlotte area, with the median sales price holding at $405,000—up from $395,000 in March 2024 and $396,000 in March 2023. Pending sales rose slightly to 33,920 from 32,725 the year prior but remain below 2023 levels, reflecting cautious but ongoing buyer activity.

At the same time, homes are taking longer to sell, with the median days on market increasing to 17—up from 10 in March 2024 and 7 in 2023. New listings have grown to 44,811, offering more options for buyers but increasing competition for sellers. These shifts suggest a market that’s gradually rebalancing, where pricing strategy and patience are becoming increasingly important.