The Charlotte region's housing market began the new year on a high note with closed and pending sales up by double digits compared with January 2016. Average and median sale prices were also up by double digits in the first month of 2017. Inventory and the months supply of homes remain low and well below what they were one year ago.
January 2017 Closed Sales: up 14.8% versus January 2016. January 2017 Pending Sales: up 20.6% versus January 2016. January 2017 Average List Price: increased 7.5% to just under $308,00 versus January 2016. … (20 comments)
The Charlotte region's housing market continued its strong performance of the first ten months of the year into November 2016. As we enter the last month of the year in the Charlotte area, closed sales, pending sales, average sale prices were all up. Days on market until sale were down 21.0% in November versus November 2015 and down 16.9% year to-date. The story for 2016 remains that supply continues to struggle to meet demand, especially in affordable homes.
November 2016 Closed Sales: up 19.7% versus November 2015 and up 8.3% year-to-date. November 2016 Pending Sales: up 27.0% versus November 2015 and up 11.0% year-to-date. November 2016 Average List … (10 comments)
Charlotte, NC Region Housing Market Update:
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