Catawba County closed sales decreased 8.5 percent in February 2024 as 140 homes sold compared to 153 that sold in February 2023, conversely pending contract activity increased 14.7 percent to 187 homes under contract during the month. New listings saw a 32.7 percent year-over-year climb to 219 homes listed compared to 165 that were newly listed in February 2023.

Inventory rose 48 percent with 370 homes for sale at report time or 2.1 months of supply. The median sales increased this month by 22 percent to $305,000 while the average sales price rose by 18.3 percent to $338,668. The average list price increased 14.6 percent to $426,321. This brought the original list price to sales price measure down to 94.1 percent compared to 95.6 percent in February 2023. Days on market rose 39.4 percent to 46 days in February 2024 versus 33 days on market in February 2023.

For more residential-housing market statistics, visit www.CarolinaHome.com and click on “Market Data.” For an interview with 2024 president of Catawba Valley Association of Realtors® Karleta Smith, Realtor®/Broker at Keller Williams Denver, please contact Kim Walker.