November 2024 Market Statistics

by Bonita Crawford

Charlotte Region Statistics
 
Average Sales Price

The Charlotte region continues to see strong growth in home values, with the average sales price reaching $487,445 in November. This 8.3% increase compared to last year reflects the area's continued desirability and demand for housing. Year-to-date, prices have risen by 7.1%, indicating sustained upward momentum in the local real estate market.

Number of Transactions

The number of transactions in the Charlotte region for November reached 3,140, reflecting a 4.5% increase compared to the same time last year. Year-to-date, the number of transactions is down by 0.6%, suggesting a slightly more subdued pace in overall market activity for 2024.

Number of New Listings

In November, the Charlotte region saw 3,800 new listings, marking a 7.3% increase from the same period last year. This rise in new listings suggests that more homeowners are entering the market, possibly to take advantage of the higher sales prices. Year-to-date, the number of listings has grown by 12.4%, indicating a broader trend of increased inventory in the local housing market.

November 2024 County Market Stats

November 2024 City Market Stats

 

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Bonita Crawford

NC NC 274316

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