Local Market Update for March 2024
A RESEARCH TOOL PROVIDED BY THE CANOPY REALTOR® ASSOCIATION
FOR MORE INFORMATION, CONTACT A REALTOR®
Salisbury
North Carolina
March
2024
Year to Date
Percent Change
Percent Change
Thru 3-2023
Thru 3-2024
Key Metrics
2023
107
94
- 12.1%
- 11.8%
- 43.3%
+ 8.5%
+ 16.0%
+ 2.8%
- 6.0%
262
256
261
215
- 0.4%
- 16.0%
- 28.9%
+ 10.2%
+ 14.8%
+ 2.5%
- 8.3%
- 6.1%
- 3.7%
+ 19.1%
--
New Listings
102
90
Pending Sales
90
51
218
155
Closed Sales
$255,750
$267,797
93.1%
100
$277,500
$310,649
95.7%
94
$249,500
$263,651
92.6%
96
$274,900
$302,558
94.9%
88
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
List to Close
54
55
+ 1.9%
- 1.7%
49
46
Days on Market Until Sale
Cumulative Days on Market Until Sale
Average List Price
58
57
54
52
$270,083
142
$337,806
176
+ 25.1%
+ 23.9%
+ 50.0%
$279,279
--
$332,581
--
Inventory of Homes for Sale
Months Supply of Inventory
1.6
2.4
--
--
--
* 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.
March
2023
2024
$277,500
$255,750
2.4
107
90
94
1.6
51
- 43.3%
+ 8.5%
+ 50.0%
- 12.1%
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 April 5, 2024. All data from Canopy MLS, Inc. Report provided by the Canopy Realtor® Association. Report © 2024 ShowingTime Plus, LLC.