Salisbury Real Estate Market Update June 2024

Local Market Update for June 2024  
A RESEARCH TOOL PROVIDED BY THE CANOPY REALTOR® ASSOCIATION  
FOR MORE INFORMATION, CONTACT A REALTOR®  
Salisbury  
North Carolina  
June  
2024  
Year to Date  
Percent Change  
Percent Change  
Thru 6-2023  
Thru 6-2024  
Key Metrics  
2023  
106  
154  
+ 45.3%  
+ 26.6%  
- 23.5%  
- 2.7%  
573  
513  
631  
476  
+ 10.1%  
- 7.2%  
- 16.8%  
+ 8.1%  
+ 14.9%  
+ 0.3%  
+ 5.8%  
+ 20.0%  
+ 15.2%  
+ 16.3%  
--  
New Listings  
79  
100  
Pending Sales  
98  
75  
483  
402  
Closed Sales  
$277,500  
$277,937  
96.6%  
73  
$270,000  
$318,587  
93.2%  
93  
$258,745  
$277,459  
95.0%  
86  
$279,710  
$318,797  
95.3%  
91  
Median Sales Price*  
Average Sales Price*  
Percent of Original List Price Received*  
List to Close  
+ 14.6%  
- 3.5%  
+ 27.4%  
+ 54.8%  
+ 37.8%  
+ 13.4%  
+ 48.4%  
+ 63.2%  
31  
48  
40  
48  
Days on Market Until Sale  
Cumulative Days on Market Until Sale  
Average List Price  
37  
51  
46  
53  
$320,865  
153  
$363,913  
227  
$300,493  
--  
$349,483  
--  
Inventory of Homes for Sale  
Months Supply of Inventory  
1.9  
3.1  
--  
--  
--  
* 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  
$277,500  
$270,000  
3.1  
154  
98  
75  
106  
1.9  
- 23.5%  
- 2.7%  
+ 63.2%  
+ 45.3%  
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 July 5, 2024. All data from Canopy MLS, Inc. Report provided by the Canopy Realtor® Association. Report © 2024 ShowingTime Plus, LLC.  
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