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Charlotte, NC Region Housing Market Update For December 2017
 
Charlotte, NC Region Housing Market Update:
December 2017
 
The Charlotte region's housing market ended the final month of 2017 with home prices up, closed sales down, but pending sales considerably up as compared with December 2016. Both average and median sale prices were up in December 2017. Inventory and the months supply of homes remain low and well below what they were one year ago, which are a primary cause of the slowdown in sales.
 
December 2017 Closed Sales:   down  8.4% versus December 2016. Year-to-date, closed sales were up 5.9%.
  December 2017 Pending Sales:  up 17.3% versus December 2016 and up 6.3% year-to-date.
  December 2017 Average List Price:  increased 3.8% to just over $291,000 versus December 2016. Year-to-date, average list prices are up 4.9% to just over $312,000.
  December 2017 Average Sale Prices:  up 8.4% to just under $281,000 versus December 2016 and up 5.8% year-to-date to just under $273,000. Median Sale Price was also up 11.9% to $235,000 as compared with December 2016 and up 9.2% year-to-date to $226,000.
  December 2017 Percent of Original List Price Received:  up 0.5% compared with December 2016 to 96.3% and up 0.7% year-to-date to 96.9%.
  December 2017 Inventory of Homes for Sale: down 19.4% versus December 2016.
  December 2017 Months ... more

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