February 2025 Charlotte Real Estate Market Statistics

As we move further into 2025, the Charlotte Real Estate market is showing some interesting trends that reflect the broader shifts in supply and demand. February’s data, provided by the Canopy Realtor® Association, highlights key insights into the state of the housing Charlotte housing market.

New Charlotte Real Estate Listings on the Rise
One of the standout stats from February is the increase in new real estate listings in Charlotte. There were 1,246 new listings, up 2.3% from 1,218 in February 2024.
This signals that more homeowners are putting their properties on the market, providing buyers with a slightly larger selection of homes to choose from.

Closed Charlotte Real Estate Sales Decline
Despite the increase in new listings, closed sales dropped significantly, with only 759 closings in February 2025—a 16.7% decline from 911 in February 2024. The year-to-date numbers also reflect this downward trend, with a 4.4% decline in total closed sales compared to the same period last year.
This suggests that while more homes are being listed, fewer are actually making it to the closing table, possibly due to higher mortgage rates or buyer hesitation.

Charlotte Home Prices Continue to Climb
For sellers, there’s some good news: home prices are still rising. The median sales price increased by 2.5% year-over-year, going from $405,000 in February 2024 to $415,000 in February 2025. Additionally, the average sales price rose slightly to $539,542, marking a 0.2% increase.

Charlotte Homes Taking Longer to Sell
Buyers are gaining a little more leverage in negotiations as homes are spending more time on the market. The average number of days on market until sale increased to 48 days, up 17.1% from 41 days last year. Cumulative days on the market also rose by 26.7%.
This shift indicates a cooling market where buyers are less pressured to make immediate offers.

Charlotte Real Estate Inventory is Expanding
One of the biggest changes in Charlotte’s real estate landscape is the significant jump in inventory. The months’ supply of homes increased by 50%, rising from 1.4 months in February 2024 to 2.1 months in February 2025.
The number of homes for sale also surged by 46.9%, meaning buyers now have more options compared to last year.

What This Means for Charlotte Home Buyers & Charlotte Home Sellers

• For Buyers: More choices and longer time on the market mean you may have more room for negotiation. However, home prices are still rising, so waiting too long could mean paying more later.
• For Sellers: While prices are up, homes are taking longer to sell. Proper pricing and strategic marketing will be key to closing deals in a reasonable timeframe.

Final Thoughts about the February Charlotte Real Estate Market Stats

The Charlotte housing market is shifting toward a more balanced environment. While sellers are still benefiting from increasing home values, buyers now have more options and negotiating power. With inventory growing and sales slowing, it will be interesting to see how these trends evolve in the coming months.

If you’re thinking about buying or selling in Charlotte, now is a great time to connect with a real estate professional at One Charlotte Realty by calling 704-670-0000 to navigate the changing Charlotte Real Estate Market.

Charlotte Real Estate map search. Please make sure to check the box: “Search in Map” to view Real Estate as you move around the map.