Is Charlotte's housing market cooling or just adjusting on price?
Briefly

Is Charlotte's housing market cooling or just adjusting on price?
"Price reductions swept through 53.3% of Charlotte metro's active listings during the week ending Nov. 29, 2025, while the median list price held firm at $475,000. The market maintained a 2.6-month inventory supply with 4,958 active homes for sale. The CharlotteGastoniaRock Hill metro absorbed 462 homes during the week, outpacing the 261 new listings that entered the market. Properties spent a median 70 days on market before going under contract, moving 14 days faster than North Carolina's statewide median of 84 days."
"Properties moved 14 days quicker than North Carolina's 84-day median and seven days faster than the national 77-day figure. Charlotte's $475,000 median list price exceeded both state and national levels by $50,000, representing an 11.8% premium. The metro's price per square foot reached $222.3, surpassing North Carolina's $209.0 and the national $209.9. Among active listings, 53.3% reduced their asking prices during the week, while 1.6% increased prices."
Price reductions affected 53.3% of active listings in the Charlotte metro while the median list price remained $475,000. Active inventory totaled 4,958 single-family homes, equating to a 2.6-month supply based on weekly absorption of 462 homes versus 261 new listings. The market experienced a net weekly reduction of 201 listings. Homes spent a median 70 days on market before going under contract, faster than North Carolina's 84-day and the national 77-day medians. Price per square foot averaged $222.3, above state and national figures. Relisting rate was 5.6% and 1.6% of listings increased asking prices.
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