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| APRIL 2025 | |||
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| Units Sold 18 |
Active Inventory 48 |
Median Sale Price $319,900 |
Days On Market 64 |
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| Up Vs. Year Ago |
Down -14% Vs. Year Ago |
Up 21% Vs. Year Ago |
Up 14% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in April, with 18 sold this month in Mecklenburg County Real Estate. This month's total units sold was higher than at this time last year, an increase from April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 8 units or 14%. The total number of active inventory this April was 48 compared to 56 in April 2024. This month's total of 48 is higher than the previous month's total supply of available inventory of 38, an increase of 26%. |
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Median Sale Price
Last April, the median sale price for Mecklenburg County Homes was $265,000. This April, the median sale price was approximately the same at $319,900. The current median sold price is 21% higher than in April 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 26 |
Current Contracts 14 |
Sold Vs. List Price 95.3% |
Months of Supply 2.7 |
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| Up 63% Vs. Year Ago |
Up 8% Vs. Year Ago |
Down -1.5% Vs. Year Ago |
Down -28% Vs. Year Ago |
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Months of Supply
In April, there was 2.7 months of supply available in Mecklenburg County, compared to 3.7 in April 2024. That is a decrease of 29% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 26 homes newly listed for sale in Mecklenburg County compared to 16 in April 2024, an increase of 63%. There were 14 current contracts pending sale this April compared to 13 a year ago. The number of current contracts is 8% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Mecklenburg County was 95.3% of the average list price, which is 1.5% lower than at this time last year. Days on Market
This month, the average number of days on market was 64, higher than the average last year, which was 56, an increase of 14%. | |||
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by RVLG and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of RVLG or Long & Foster Real Estate, Inc. |
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