Huntersville Real Estate June 2024 Highlights
Huntersville real estate June 2024 saw the average home sale price improve from one month ago and one year ago. The median home sale increased from one month ago, but declined from one year ago. The number of properties sold in June declined after five consecutive months of increases in 2024. Sales increased from June one year ago. Days on market declined by two days and remained low at 19 days. New listings remained unchanged from the previous month of May, but were 49% higher compared with June one year ago. New listings in June 2024 were at their second highest level since July 2022. Inventory increased a sixth consecutive month to its highest level in the past three years. The months supply of inventory of 3.56 months kept Huntersville in home seller “territory” in June 2024. A list to sale price ratio of 99.5% provided Huntersville home buyers minimal opportunity to negotiate on sale price.
Huntersville Real Estate June 2024 Snapshot
HOME SALE PRICES MIXED
Average sale pricein June 2024 was $622,604, up 4.67% from $594,853 in the previous month of May. The average home sale price increased 5.46% from $590,386 in June one year ago. The June 2024 average home sale price was at its highest level compared with June 2023 and 2022.
Median home sale pricein June 2024 was $527,500, up 6.98% from $493,102 in the previous month of May. The median home sale price decreased 5.88% from $560,450 in June 2023. The June 2024 median home sale price was at its lowest level compared with June 2023 and 2022.
Price per square foot in June 2024 was $228, declining 3.39% from $266 in May 2024. The price per square foot was 5.56% higher than the $216 in June one year ago.
DAYS ON MARKET REMAINED LOW
Average days on market in June 2024 were 19 days, down two days from 21 days one month ago. Year-over-year, average days on market increased 5.56%, by one day. Compared with June 2022, current days on market were 10 days higher in June 2024.
HUNTERSVILLE HOUSING INVENTORY UP A SIXTH CONSECUTIVE MONTH
The number of properties for sale in June 2024 was 427, up 8.1% from 395 in the previous month of May. Inventory was 39.09% higher than the 307 properties for sale in June one year ago. Inventory was higher than the 400 properties for sale in June 2022. This was the highest level of inventory in Huntersville in the past three years.`
Despite the increase in inventory in June 2024, the months supply of inventory of 3.56 months kept Huntersville in home seller “territory.” However, this was also the highest level of months supply of inventory compared with June 2023 and 2022.
NEW LISTINGS UNCHANGED FROM ONE MONTH AGO | UP FROM ONE YER AGO
The number of new listings in June 2024 was 152, unchanged from one month ago. Compared with June 2023, new listings were 49.02% higher, when listings stood at 102. June 2024 listings were lower compared June 2022, which had 211 new listings. New listings in June 2024 were at their second highest level since July 2022, when new listings stood at 154.
HUNTERSVILLE SALES DOWN AFTER FIVE CONSECUTIVE MONTH OF INCREASES
Sales in Huntersville declined 11.76% in June 2024 to 120 from 136 in May 2024. Sales increased 17.65% from 102 in June 2023. Sales were lower compared with June 2022, which saw 200 sales. June 2024 sales were at their second highest level since May 2023 when they stood at 122.
LIST TO SALE RATIO JUST UNDER 100%
The June 2024selling price of 99.5% of list price was unchanged compared with one month ago and with June one year ago. Buyers are not seeing much room for negotiating on price in Huntersville.
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MORE INFORMATION ON THE HUNTERSVILLE HOUSING MARKET’S PERFORMANCE
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.
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PREVIOUS HUNTERSVILLE REAL ESTATE REPORTS
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
Huntersville Real Estate Report November 2023
Huntersville Real Estate Report October 2023
