Mecklenburg County March 2025 Market Statistics

by Bonita Crawford

Average Sales Price
Mecklenburg County continues to see consistent growth in home values, with March's average sales price reaching $651,796—a 14.5% rise compared to the previous year. This reflects the area's enduring desirability and robust demand for housing. Year-to-date, home prices have increased by 10.1%.

Number of Transactions
In March, Mecklenburg County reported 1,300 sales, marking a 5.7% drop compared to the same time last year. Year-to-date, the total number of transactions has decreased slightly by 0.6%.

Days on Market Until Sale
In March, homes remained on the market for an average of 47 days, reflecting a significant 42.4% increase compared to last year. Year-to-date, the average selling time has reached 49 days, showing a 32.4% rise. Despite these developments, the market remains stable, allowing sellers to achieve strong prices while providing buyers with extra time for thoughtful decision-making.

 

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Bonita Crawford

NC NC 274316

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