Charlotte sees steady demand, longer days on market, and rising prices as of April 2025. Here’s what that means for buyers and sellers.
The latest market data is in, and I want to walk you through what happened in Charlotte’s housing market during April 2025. While these numbers are a few weeks behind, they provide a helpful look at what’s going on in the current market for both buyers and sellers.
Listings and sales activity. New listings rose by 12.6% in April, and pending sales were up 9.4%. That tells us there’s still plenty of buyer activity. One important trend to watch is the average number of days homes are spending on the market. Before the pandemic, homes in Charlotte typically sold in 14 to 21 days. During the pandemic, it dropped to around seven days. Right now, we’re seeing an average of 47 days on market before a home goes under contract.
“The Charlotte market is steady, but homes are taking longer to sell.”
Home values are still rising. Home values are still on the rise despite longer selling timelines. The average sales price increased from $499,000 to $522,000, which is about a 4.5% jump compared to April 2024. That’s encouraging for sellers, even in a market that’s taking a bit longer to move properties.
What market are we in? A lot of people are asking whether we’re in a buyer’s or a seller’s market. Based on the data and what I’m seeing day-to-day, I believe we’re in a normal market. I would like to see the days on market come down to around 30, but I expect that to improve as the economy begins to shift over the next few months.
Buyer activity remains strong. We’re still seeing strong demand from out-of-state buyers moving to Charlotte. Many of my listings are getting showings and receiving offers. If you thought your home might sell for $500,000, you may now be getting closer to $485,000. But if that same home had sold for $400,000 five years ago, that’s still a strong return.
What this means for you. The market has cooled slightly from the peak of the last couple of years, and homes are taking longer to sell. But many buyers are what I call “in the strike zone.” They’re serious and ready to make a move.
If you’re thinking about buying or selling, or just want an update on your neighborhood, let’s connect. You can call me at (704) 777-8090 or send an email to team@jbolos.com. I look forward to hearing from you.
