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Charlotte NC - Team Freeman Real Estate - Charlotte Sales Pummet 47.2%

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Real Estate Agent with Keller Williams Realty 211734

The number of houses sold in the Charlotte market fell 47.2 percent last month, and the average closing price declined 8.3 percent, according to the Charlotte Regional Realtor Association.

The number of closings dropped to 1,350 last month from 2,559 in December 2007.

The average sales price declined to $200,226 from $218,399 a year earlier.

The average number of days a home spent on the market before a sale was 147.5.

The figures are for homes sold in Mecklenburg, Union, Iredell, Lincoln, Cabarrus, Gaston and Stanly counties.

The Charlotte Regional Realtor Association operates the Carolina Multiple Listing Services Inc., which has more than 10,000 subscribers. The trade association provides resources and services to more than 9,000 Realtor members.

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