Charlotte, NC Region Housing Market Update: August 2017
The Charlotte region's housing market ended the eighth month of 2017 with home prices up and pending and closed sales slightly down as compared with August 2016. Both average and median sale prices were up in August 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.
August 2017 Closed Sales: down 3.8% versus August 2016. Year-to-date, closed sales were up 6.3%. August 2017 Pending Sales: up 15.5% versus August 2016 and up 7.1% year-to-date. August 2017 Average List Price: (22 comments)