Charlotte Region market, May 2024

May 2024 Charlotte Region Market Overview (data from infographic posted above)

• 4,033 Closed Sales, down 2.8 percent year over year
• Median Sales Price of $400,000, up 3.9 percent year over year
• 5,452 New Listings, up 17.8 percent year over year
• 34 Days on Market, unchanged 0.0 percent year over year
• Average Sales Price is $522,635, up 8.6 percent year over year
• 2.2 Months of Supply, up 46.7 percent year over year
• 4,072 Pending Sales, down 0.5 percent year over year
• Average List Price of $557,668, up 6.1 percent year over year
• 7,439 Homes for Sale, up 37.2 percent year over year