"In November, home prices fell moderately from the month before, with a median listing price of $435,000. The number of listings on the market shrank 4.4% from last month, which is a bigger decrease than normal for this time of the year in Charlotte, and homes are also selling slower than at the same time last year. Home prices in Charlotte Typically, home price per square foot in Charlotte tend to rise in November."
"But the most recent data shows that the price per square foot decreased by 1.1% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 1.2%, which means price changes in the Queen City are smaller the national market. Charlotte inventory In November, there were 2,961 homes for sale in Charlotte, which was 4.4% less than the month before and 33.1% more than the same time last year."
"Meanwhile, active inventory across the nation fell by 2.5% from last month to 1,072,266. The number of new listings in Charlotte was 992, which was 17.2% less than the month before and 0.8% more than the same time last year. Nationally, the number of new listings fell by 14.1% from last month to 330,908. Time on market Homes in Charlotte take an average of 60 days to sell, according to November figures."
Median listing price in Charlotte was $435,000 in November, representing a moderate month-over-month decline. Price per square foot in Charlotte decreased 1.1% from the prior month, a smaller decline than the national per-square-foot drop of 1.2%. Active inventory in Charlotte fell 4.4% month-over-month to 2,961 listings and stood 33.1% higher than a year earlier. New listings in Charlotte totaled 992, down 17.2% from the previous month and up 0.8% year-over-year. Homes averaged 60 days on market in Charlotte, four days longer than the prior month and seven days longer than a year earlier. Nationally, active inventory fell 2.5% to 1,072,266, new listings declined 14.1% to 330,908, and average days on market was 64.
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