As we settle into the fall of 2025, the Charlotte real estate market is—dare we say—kind of boring. But in a good way.

After years of dramatic swings, from inventory shortages and bidding wars to interest rate rollercoasters, we’ve entered a “Goldilocks” zone. Not too hot, not too cold—just right. And honestly, it’s a welcome change.

In my 22+ years of selling real estate in Charlotte, there’s usually some kind of drama. But right now, things feel balanced. Here’s a quick snapshot of what we’re seeing:

• Home Prices: Average sale price is up about 3% year-over-year, with the median rising 5%.
• Sales Volume: Home sales have increased roughly 10% compared to last September.
• Inventory: Supply is still tight enough to favor sellers, but it’s slowly rising—giving buyers more options.
• Interest Rates: Rates have cooled and settled in the low 6% range, offering a bit of breathing room.

This kind of market creates space for win-win negotiations and smart decision-making. With cooler fall weather rolling in, we hope you enjoy a more relaxed pace—both in life and in real estate.

Sometimes boring is good. It’s a chance to pause, reflect, and make thoughtful moves. If you’re ready to make a great decision about your next real estate step, we’re here to help.

And as always, here’s a summary of the stats for single family homes in Mecklenburg County in September compared to the previous month and again to the same month last year:

• Home sales are down 2% from last month and up 10% from last year.
• Average sales price is down 1% from last month, but up 3% from last year.
• Median sales price is down 5% from last month, but up 6% from last year.
• Average price per square foot is up 2% from last month, but down 1% from last year.
• Sale to list price ratio at 99% is up from last month, but even with last year.
• Average time on market is up 15% from last month and 35% from last year.
• Pending sales are down 3% from last month and 2% from last year.
• Supply is up 3% from last month and 25% from last year.
• Mortgage rates at 6.3% are about even from last month, but down from 6.44% last year.
• Average house payment is down 1% from last month, but up 2% from last year.

You can always find the detailed stats on our website here.