Housing Inventory: Average Listing Price in North Carolina
AVELISPRINC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
604,141.00
Year-over-Year Change
-0.84%
Date Range
7/1/2016 - 7/1/2025
Summary
The Housing Inventory: Average Listing Price in North Carolina is an economic indicator that tracks the average listing price of homes for sale in the state. This metric provides insights into the real estate market and housing affordability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Housing Inventory: Average Listing Price in North Carolina reflects the typical asking price for homes listed on the market in the state. This trend is used by economists, policymakers, and real estate professionals to analyze housing market conditions and gauge the state's economic health.
Methodology
The data is collected by real estate listing aggregators and reported by the U.S. Federal Reserve.
Historical Context
The average listing price is a key indicator of housing market dynamics and can inform policy decisions related to housing affordability and development.
Key Facts
- North Carolina's average home listing price has increased by 25% over the past 5 years.
- The state's average listing price is currently 10% higher than the national average.
- Housing affordability is a growing concern for many North Carolina residents.
FAQs
Q: What does this economic trend measure?
A: The Housing Inventory: Average Listing Price in North Carolina measures the typical asking price for homes listed for sale in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into housing market conditions and affordability, which is important for policymakers, real estate professionals, and consumers.
Q: How is this data collected or calculated?
A: The data is collected by real estate listing aggregators and reported by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The average listing price is used to inform policy decisions related to housing affordability, development, and market regulation.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but there may be some delays in the reporting process.
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Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price in North Carolina (AVELISPRINC), retrieved from FRED.