Salisbury Real Estate Market Update January 2024

Local Market Update for January 2024  
A RESEARCH TOOL PROVIDED BY THE CANOPY REALTOR® ASSOCIATION  
FOR MORE INFORMATION, CONTACT A REALTOR®  
Salisbury  
North Carolina  
January  
Year to Date  
Percent Change  
Percent Change  
Thru 1-2023  
Thru 1-2024  
Key Metrics  
2023  
72  
2024  
68  
70  
- 5.6%  
- 6.7%  
72  
75  
68  
70  
- 5.6%  
- 6.7%  
- 20.0%  
+ 8.7%  
+ 12.1%  
+ 2.0%  
- 13.1%  
- 10.4%  
- 14.0%  
+ 22.8%  
--  
New Listings  
75  
Pending Sales  
60  
48  
- 20.0%  
+ 8.7%  
+ 12.1%  
+ 2.0%  
- 13.1%  
- 10.4%  
- 14.0%  
+ 22.8%  
- 6.7%  
60  
48  
Closed Sales  
$235,000  
$256,478  
91.2%  
99  
$255,500  
$287,419  
93.0%  
86  
$235,000  
$256,478  
91.2%  
99  
$255,500  
$287,419  
93.0%  
86  
Median Sales Price*  
Average Sales Price*  
Percent of Original List Price Received*  
List to Close  
48  
43  
48  
43  
Days on Market Until Sale  
Cumulative Days on Market Until Sale  
Average List Price  
57  
49  
57  
49  
$275,128  
165  
$337,918  
154  
$275,128  
--  
$337,918  
--  
Inventory of Homes for Sale  
Months Supply of Inventory  
1.9  
2.0  
+ 5.3%  
--  
--  
--  
* 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.  
January  
2023  
2024  
$255,500  
72  
$235,000  
68  
60  
2.0  
1.9  
48  
- 20.0%  
+ 8.7%  
+ 5.3%  
- 5.6%  
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 February 5, 2024. All data from Canopy MLS, Inc. Report provided by the Canopy Realtor® Association. Report © 2024 ShowingTime.  
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