Cabarrus County Market Statistics

Average Sales Price
Cabarrus County's home values remain strong, with February's average sales price at $436,718—a 4.5% rise from last year. However, year-to-date prices have dropped by 2.7%, showing a slowdown in the market's momentum.

Number of Transactions
Cabarrus County recorded 192 transactions in February, reflecting a 2.1% rise compared to the same time last year. However, year-to-date transactions have dipped slightly by 0.3%.

Days on Market Until Sale
In February, the average number of days on the market climbed to 56, marking a notable 27.3% increase from the previous year. Year-to-date, homes have taken an average of 55 days to sell, reflecting a 25% rise. Despite these shifts, the market remains relatively balanced, with sellers securing strong prices and buyers benefiting from more time to make their decisions.