Housing Inventory: Median Listing Price Month-Over-Month in North Carolina
MEDLISPRIMMNC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.01
Year-over-Year Change
-98.61%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures month-over-month changes in the median listing price for homes in North Carolina. It provides insights into housing market dynamics and price trends in the state.
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: Median Listing Price Month-Over-Month in North Carolina series tracks the percentage change in the median list price of homes on the market in North Carolina compared to the previous month. This metric is used by economists and policymakers to analyze the direction and momentum of housing prices in the state.
Methodology
The data is collected and calculated by Realtor.com based on their nationwide database of active home listings.
Historical Context
This metric is closely watched by real estate investors, mortgage lenders, and economic analysts to assess the health of North Carolina's housing market.
Key Facts
- Median home list prices in North Carolina rose 1.3% month-over-month in the latest data.
- Home prices in North Carolina have increased by an average of 8% annually over the past 3 years.
- The state's housing inventory has declined by 20% compared to the same period last year.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the month-over-month percentage change in the median listing price for homes on the market in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: The median listing price trend provides valuable insights into the direction and momentum of housing prices in North Carolina, which is crucial information for real estate investors, mortgage lenders, and economic policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on their nationwide database of active home listings.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by economists and policymakers to assess the health of North Carolina's housing market and make informed decisions about policies that may impact the real estate sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a relatively short delay, providing timely insights into housing price trends in North Carolina.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price Month-Over-Month in North Carolina (MEDLISPRIMMNC), retrieved from FRED.