Charlotte homes are taking longer to sell and just recorded the second-largest increase in Days on the Market among all U.S. metros, according to a recent RE/MAX National Housing Report.
In February 2025, the average Charlotte home took 57 days to sell, a 42.7% year-over-year increase.
Home sales dropped 5.1% compared to February 2024. Meanwhile, the median home price rose just 0.8% to $397.995.
The report also said inventory levels rose nearly 50%, despite supply staying low at just 1.4 months.
Below is a table of the five markets with the biggest year-over-year days-on-the-market increase.
| Market | Feb 2025 | Feb 2024 | Year-over-Year % Change |
|---|---|---|---|
| Bozeman, MT | 119 | 62 | +90.1% |
| Charlotte, NC | 57 | 40 | +42.7% |
| Denver, CO | 53 | 38 | +41.7% |
| Miami, FL | 78 | 58 | +35.6% |
| Cincinnati, OH | 42 | 32 | +31.0% |
