May 6, 2025 - News
Charlotte homes selling below list price jumps
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67.5% of Charlotte-area homes sold below their original listing price in February, up from 60.2% a year earlier, according to Redfin data.
The big picture: Nationally, as inventory grows and buyers gain negotiating power, more homes are selling for less than their original listing price than a year ago, Redfin reports.
By the numbers: 64.2% of U.S. homes sold below their original list price in February, up from 60.9%, per the data.
- 20.5% sold above their original list price, down from 22.8%.
- 15.4% sold at exactly their original list price, down from 16.3%.
What they're saying: "Many home sellers shoot for the moon when pricing their homes and end up getting less money than they hoped for," Redfin's Lily Katz and Asad Khan write.
- "That's increasingly the case today because 2025 is shaping up to be a buyer's market."