Huntersville Real Estate August 2024
Huntersville Real Estate August 2024 Highlights
Huntersville real estate August 2023 saw median home prices increase from August one year ago. The number of properties sold in August 2024 declined month-over-month, but increased almost 36% year-over-year. Days on market increased six days from one month ago and increased 14 days from one year ago. New listings increased 11.38% from one month ago and were 31.73% higher compared with August one year ago. Inventory increased to its highest level in the past three years. The months supply of inventory of 3.96 months kept Huntersville in home seller “territory” in August 2024. A list to sale price ratio of 98.84% provided Huntersville home buyers minimal opportunity to negotiate on sale price.
Huntersville Real Estate August 2024 Snapshot
HOME SALE PRICES MOSTLY UP
Average sale price in August 2024 was $609,231, 2.4% lower than $624,223 than in the most recent month of July. The average home sale price increased 9.11% from $558,374 in August one year ago. The August 2024 average home sale price was at its highest level compared with August 2023 and 2022.
Median home sale price in August 2024 was $555,000, equal to the median home sale price in the prior month of July. The median home sale price increased 14.91% from $483,000 in August 2023. The August 2024 median home sale price was at its highest level compared with August 2023 and 2022.
Price per square foot in August 2024 was $225, down 1.75% from $229 per square foot from July. The price per square foot was 5.14% higher than the $214 in August one year ago.
DAYS ON MARKET UP A 2ND CONSECUTIVE MONTH
Average days on market in August 2024 were 31 days, up 6 days from 25 days one month ago. Year-over-year, average days on market in August 2024 increased 14 days. Compared with August 2022, days on market were 13 days higher in August 2024.
HUNTERSVILLE HOUSING INVENTORY REACHES ITS HIGHEST LEVEL IN THE PAST THREE YEARS
The number of properties for sale in August 2024 was 451, up 5.43% from 428 in the previous month of July. Inventory was 37.92% higher than the 327 properties for sale in August one year ago. Inventory was also higher than the 392 properties for sale in August 2022. This was the highest level of inventory in Huntersville in the past three years.
The months supply of inventory of 3.96 months kept Huntersville in home seller “territory.” However, this was also the highest level of months supply of inventory compared with August 2023 and 2022.
NEW LISTINGS UP
The number of new listings in August 2024 was 137, up 11.38% from 123 in the most recent month of July. Compared with August 2023, new listings were 31.73% higher, when listings stood at 104. August 2024 listings were higher by one compared with August 2022.
HUNTERSVILLE SALES DOWN MONTH-OVER-MONTH | UP YEAR-OVER-YEAR
Sales in Huntersville declined 5% in August 2024 to 114 from 120 in the previous month of July. Sales increased 35.71% from 84 in August 2023. Sales were lower compared with August 2022, which saw 151 sales.
LIST TO SALE RATIO JUST UNDER 99%
The August 2024 selling price of 98.84% of list price was declined from 99.32% one month ago. The list to sale price ratio was equal to that in August one year ago. Home buyers are not seeing much room for negotiating on price in Huntersville.
Want to know what this would mean for your family if you decide to buy or sell a Huntersville home?
I can help.
Call me today at 704-779-0813 or contact me here.
There’s absolutely NO OBLIGATION.
A consultation with Nina Hollander is FREE.
HUNTERSVILLE REAL ESTATE MEDIAN HOME PRICE TRENDS
(12 Month Rolling Average)
DID YOU KNOW…
Huntersville has been rated the 11th best suburb in the Charlotte metro area?
Huntersville has been rated the 23rd best suburb to live in out of 185 suburbs North Carolina suburbs?
Huntersville has been rated the 30th best suburb to raise a family in out of 185 North Carolina suburbs?
Huntersville has been rated the 19th best suburb for young professionals out of 185 North Carolina suburbs?
(rankings provided by niche.com)
HUNTERSVILLE MAP/BOUNDARIES
Contact Nina Hollander with Coldwell Banker Realty if you’d like more information about the buying or selling a home in Huntersville (or in any Greater Charlotte neighborhood, for that matter). I’ve been opening doors for Huntersville home buyers and sellers since 1999.
Huntersville is known for Birkdale Village, an award-winning, mixed-use, open-air shopping center and office and residential community in Huntersville featuring numerous restaurants and cafes, boutiques, movie theatre, office space, and more. It’s the center for popular Huntersville holiday events, including an annual Christmas Tree lighting and the Fourth of July parade.
In addition to Birkdale Village, you’ll find more shopping just minutes away at the Rosedale and Northcross Shopping Centers.
WHAT’S SPECIAL ABOUT LIVING IN HUNTERSVILLE, NORTH CAROLINA
Situated in the heart of Mecklenburg County, just a short drive from Charlotte, lies the vibrant town of Huntersville, a perfect blend of small-town charm and modern amenities. Huntersville offers residents an exceptional quality of life and a welcoming community spirit that makes it an ideal place to call home.
A primary draw of Huntersville is its proximity to Charlotte, North Carolina’s largest city. This strategic location provides residents with easy access to all the cultural, entertainment, and employment opportunities the Queen City has to offer. From world-class dining and shopping to professional sports events and cultural attractions, Huntersville residents enjoy the best of both worlds – the excitement of city life just moments away, coupled with the peacefulness of suburban living.
Huntersville is known for its family-friendly atmosphere and top-notch educational institutions, making it an excellent choice for families looking to put down roots. Huntersville offers a variety of youth programs, recreational activities, and community events so that there’s always something for residents in all stages of life to enjoy. The town is situated near beautiful Lake Norman, North Carolina’s largest man-made lake, offering Huntersville residents the perfect playground for boating, fishing, and water sports.
SEARCH FOR HOMES IN HUNTERSVILLE
WONDERING WHAT YOUR HUNTERSVILLE HOME IS WORTH?
FREE Home Seller Guide: “Things To Consider When Selling Your House”
If you’re considering selling or purchasing a home in Huntersville, I’d love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:
“The Right Broker Makes All The Difference.”
PREVIOUS HUNTERSVILLE REAL ESTATE REPORTS
Huntersville Real Estate Report: July 2024
Huntersville Real Estate Report June 2024
Huntersville Real Estate Report May 2024
Huntersville Real Estate Report April 2024
Huntersville Real Estate Report March 2024
Huntersville Real Estate Report February 2024
Huntersville Real Estate Report January 2024
Huntersville Real Estate Report December 2023
