Local Market Update for June 2024
A RESEARCH TOOL PROVIDED BY THE CANOPY REALTOR® ASSOCIATION
FOR MORE INFORMATION, CONTACT A REALTOR®
Rowan County
North Carolina
June
2024
Year to Date
Percent Change
Percent Change
Thru 6-2023
Thru 6-2024
1,163
895
Key Metrics
2023
173
263
+ 52.0%
+ 36.8%
- 22.2%
- 1.7%
971
893
+ 19.8%
+ 0.2%
- 10.7%
+ 5.7%
+ 12.3%
- 0.3%
+ 7.0%
+ 22.5%
+ 19.6%
+ 15.4%
--
New Listings
133
182
Pending Sales
162
126
862
770
Closed Sales
$289,950
$293,656
96.7%
77
$285,000
$348,153
94.3%
86
$264,990
$289,807
95.4%
86
$280,000
$325,431
95.1%
92
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
List to Close
+ 18.6%
- 2.5%
+ 11.7%
+ 23.5%
+ 17.9%
+ 7.9%
34
42
40
49
Days on Market Until Sale
Cumulative Days on Market Until Sale
Average List Price
39
46
46
55
$342,665
263
$369,603
402
$311,381
--
$359,339
--
+ 52.9%
+ 61.1%
Inventory of Homes for Sale
Months Supply of Inventory
1.8
2.9
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
June
2023
2024
$289,950
$285,000
162
263
2.9
126
173
1.8
- 22.2%
- 1.7%
+ 61.1%
+ 52.0%
New Listings
Months Supply
Closed Sales
Median Sales Price
Median Sales Price
Entire Canopy MLS Area —
Rowan County —
Rolling 12-Month Calculation
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
1-2023
1-2024
Current as of July 5, 2024. All data from Canopy MLS, Inc. Report provided by the Canopy Realtor® Association. Report © 2024 ShowingTime Plus, LLC.