Local Market Update for February 2024
A RESEARCH TOOL PROVIDED BY THE CANOPY REALTOR® ASSOCIATION
FOR MORE INFORMATION, CONTACT A REALTOR®
Salisbury
North Carolina
February
Year to Date
Percent Change
Percent Change
Thru 2-2023
Thru 2-2024
Key Metrics
2023
83
2024
99
70
+ 19.3%
- 11.4%
- 26.5%
+ 22.9%
+ 18.3%
+ 2.7%
- 8.0%
155
154
167
131
+ 7.7%
- 14.9%
- 23.4%
+ 12.7%
+ 15.2%
+ 2.4%
- 9.7%
- 6.7%
- 5.9%
+ 16.9%
--
New Listings
79
Pending Sales
68
50
128
98
Closed Sales
$239,450
$264,491
93.1%
88
$294,389
$312,865
95.6%
81
$237,500
$260,735
92.2%
93
$267,750
$300,402
94.4%
84
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
List to Close
43
40
- 7.0%
45
42
Days on Market Until Sale
Cumulative Days on Market Until Sale
Average List Price
46
47
+ 2.2%
+ 12.4%
+ 14.2%
+ 27.8%
51
48
$294,823
155
$331,284
177
$285,753
--
$333,925
--
Inventory of Homes for Sale
Months Supply of Inventory
1.8
2.3
--
--
--
* 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.
February
2023
2024
$294,389
2.3
68
99
$239,450
1.8
83
50
- 26.5%
+ 22.9%
+ 27.8%
+ 19.3%
New Listings
Months Supply
Closed Sales
Median Sales Price
Median Sales Price
Entire Canopy MLS Area —
Salisbury —
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 March 5, 2024. All data from Canopy MLS, Inc. Report provided by the Canopy Realtor® Association. Report © 2024 ShowingTime.