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 … (26 comments)
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