November 2024 Market Statistics
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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