Home sales are down across the US. But they are selling the fastest in these NC cities

At a time when home buying usually picks up, sales are actually down across the country.

According to real estate company Redfin, the number of homes sold fell 25.5% year-over-year in April, and homes were on the market for about 36 days on average, more than two weeks longer than the year before.

But that’s not the case in North Carolina.

A new report by Slacker lists Fayetteville, Jacksonville and Wilmington as three cities in the state where homes are selling the fastest.

Using data from Redfin, Stacker ranked 50 metros by the least number of days homes were listed for sale in April, with ties broken by the number of home sales.

In Fayetteville, ranked 27th by Stacker, 679 homes were sold in April, with the average sale price at $260,500. According to the report, homes were on the market for two weeks on average.

In Wilmington, a popular beach destination in North Carolina, homes were on the market for the same amount of time, but less were sold. Ranked 28th on the list, 459 homes were sold at an average home cost of $418,000.

Jacksonville also made the list at No. 39. In total, 415 homes were sold and homes were on the market for about 18 days. The average sale price was $260,000.

“At a local level, a property that sits on the market for longer than the median length of time could signal to would-be-buyers that there is something undesirable about the listing,” the Slacker report states. “When homes sell faster, it can also be a sign that any given market is less buyer-friendly.”

Here’s where homes are also selling the fastest:

1. York, Pennsylvania

2. Reading, Pennsylvania

3. Lancaster, Pennsylvania

4. Evansville, Indiana

5. Seattle, Washington

6. Cincinnati, Ohio

7. Grand Rapids, Michigan

8. Wichita, Kansas

9. Harrisburg, Pennsylvania

10. Fort Wayne, Indiana

Chyna Blackmon

The Charlotte Observer

Chyna Blackmon was a service journalism reporter for The Charlotte Observer. A native of the Carolinas, she grew up in Columbia, SC, and graduated from Queens University of Charlotte. She’s also worked in local television news in Charlotte, NC, and Richmond, VA. Support my work with a digital subscription