Latest News On Charlotte Region's Real Estate Sales In August 2025
Mortgage rates in the 16-County Charlotte region fell to their lowest level in a year at 6.59%, fueling strong buyer demand. In August, pending sales rose 12.4% year-over-year with more than 4,000 homes going under contract—the second consecutive month of double-digit growth and a clear sign of momentum heading into the fall. Closed sales eased slightly, down 3.2% compared with August last year.
New listing activity slipped 3.5% year-over-year, the first decline since March 2024, even as inventory expanded nearly 27% to almost 12,000 homes, giving buyers more choices. The growth in inventory is driven in part by new construction, which now accounts for almost a quarter of the market.
Home prices held firm, with the median sales price edging up 1.3% to $400,000 and the average sale price climbing 3.6% to $515,016. The list-to-sales price ratio softened to 95.3%. Easing rates, rising supply, and steady prices point to a healthier, more balanced market in Fall 2025.
The August 2025 data by price range highlights a market in transition. Demand for luxury homes stayed strong, with single-family sales up 4.6% year-over-year, led by sharp gains in the $600,000–$700,000 and $700,000+ segments. Inventory grew 24%, with the largest increases at the mid-to-upper price points, giving buyers more choice at the higher end. In contrast, affordable homes under $300,000 grew even scarcer as both sales and supply declined, limiting entry-level opportunities. The mid-market between $300,000 and $500,000 showed stability, with steady sales and expanding inventory, while condo-townhomes increasingly filled the affordability gap, driving a 22.2% jump in $200,000–$300,000 sales alongside a 33.7% rise in supply.
Both Mecklenburg County and the City of Charlotte experienced tighter markets in August 2025 with less supply than the Charlotte region, as a whole. Inventory supply was 3 months in July and tightened, as demand rose in late July and August, to 2.9 months of supply – which is less supply than outer-suburban counties, making the core markets of Mecklenburg County and Charlotte highly favorable to sellers. Days on market in the City of Charlotte were four days lower at 44 days in August than in the Charlotte region as a whole.
Overall Market Performance: August 2025
New listings 4,979, down 3.5% year-over-year
Pending Sales 4,047, up 12.4% year-over-year
Closed Sales 3,773, down 3.2% year-over-year
Median Sales Price $400,000, up 1.3% year-over-year
Average Sale Price $515,016, up 3.6% year-over-year
Average List Price $528,431, up 6.1% year-over-year
Days on Market 48, up 37.1% year-over-year
Inventory of Homes for Sale 11,902, up 26.7% year-over-year
Months Supply of Inventory 3.3, up 17.9% year-over-year
Bottom Line
Charlotte region's housing market is shifting toward greater balance, with rising inventory and longer marketing times giving buyers more leverage than they’ve had in years. Still, steady demand and firm pricing show the market isn’t cooling so much as recalibrating. Sellers who price strategically can remain competitive, while buyers now have more time and options to find the right home. With mortgage rates still volatile albeit lower, both sides should stay nimble as the market adjusts in the final months of 2025.
CHARLOTTE REGION AUGUST 2025 REAL ESTATE SNAPSHOT
Based on information from Canopy MLS for the period August 1, 2025-August 31, 2025 in the 16 County Charlotte Region.
Want to know what this would mean for your family if you decide to buy or sell a Charlotte region home?
I can help. Call me today at 704-779-0813 or contact me here.
There’s absolutely NO OBLIGATION.
A consultation with Nina Hollander is FREE.
LOOKING FOR YOUR DREAM HOME IN GREATER CHARLOTTE?
FREE Home Buyer Guide: “Things To Consider When Buying A Home”
PREVIOUS 2025 CHARLOTTE HOUSING MARKET UPDATES
Charlotte Real Estate: July 2025
Charlotte Real Estate: June 2025
Charlotte Real Estate: May 2025
Charlotte Real Estate: April 2025
Charlotte Real Estate: March 2025
Charlotte Real Estate: February 2025
Charlotte Real Estate: January 2025
Read the original report for Charlotte Region's housing market in August 2025 on www.GreatHomesInCharlotte.com
Comments(4)