February 2025 County Market Stats

Average Sales Price
Home values in the Charlotte region are on the rise, with the average sales price reaching $476,952 in February. This represents a 2.5% increase compared to the previous year, highlighting the area's ongoing appeal and demand for housing. Year-to-date, prices have risen by 1.1%, showing continued upward momentum in the local real estate market.

Number of Transactions
The Charlotte region saw 2,707 transactions in February, marking an 8.7% decrease compared to the same period last year. Year-to-date, the number of transactions has decreased slightly by 0.1%.

Days on Market Until Sale
The average number of days on the market reached 55 in February, a significant increase of 22.2% compared to last year. This is largely due to higher inventory levels and rising interest rates. Year-to-date, the number of days until sale has reached 102, reflecting an 8.5% increase. Overall, this market appears to be fairly balanced, with sellers achieving good prices and buyers having ample time to shop.