Maurice Barnes' Market Report

Pineville, NC

Single-Family Homes

Keller Williams Realty | 704-610-4112 | maurice.barnes@kw.com



Pineville, NC

Sun Jul 14 2024
This week the median list price for Pineville, NC is $489,000 with the market action index hovering around 73. This is an increase over last month's market action index of 61. Inventory has decreased to 9. Click here to stay informed with the Pineville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Pineville, NC

Sun Jul 14 2024
This week the median list price for Pineville, NC is $489,000 with the market action index hovering around 73. This is an increase over last month's market action index of 61. Inventory has decreased to 9. Click here to stay informed with the Pineville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Pineville market.
Median List Price $489,000
Median Price of New Listings $400,000
Per Square Foot $228
Average Days on Market 37
Median Days on Market 14
Price Decreased 11%
Price Increased 11%
Relisted 0%
Inventory 9
Median Rent
Market Action 73
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$687,450 3,760 0.25 - 0.5 acre 5 4 12 1 0 7
$542,495 2,770 0.5 - 1 acre 4 3.3 41 0 0 80
$469,450 1,967 8,000 - 10,000 sqft 3 2.5 13 0 2 35
$400,000 1,426 8,000 - 10,000 sqft 3 2 34 2 1 7