"In September, there were 3,026 homes for sale in Charlotte, which was 4.3% more than the month before and 30.2% more than the same time last year. Meanwhile, active inventory across the nation rose by 0.2% from last month to 1,100,407. The number of new listings in Charlotte was 1,266, which was 2.3% less than the month before and 1.1% less than the same time last year. Nationally, the number of new listings fell by 1.8% from last month to 394,878."
"Typically, home price per square foot in Charlotte tend to rise in September. And the most recent data shows that the price per square foot increased by 1.3% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in the Queen City are outpacing the national market."
Median listing price in Charlotte was $439,950 in September, showing a slight month-over-month decrease. Active inventory increased to 3,026 homes, up 4.3% from the prior month and 30.2% year-over-year, while new listings fell 2.3% month-over-month and 1.1% year-over-year to 1,266. Price per square foot in Charlotte rose 1.3% from the previous month, contrasting with a 0.8% national decrease. Homes in Charlotte averaged 57 days on market in September, unchanged month-over-month and 13 days longer than the same month last year; the national average was 62 days.
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