February 2019 Charlotte region housing update. Charlotte region remained a seller’s market in February 2019 with inventory remaining tight, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were down slightly, but pending sales up 12.4%. Days on market were also down as compared with one year ago. The housing affordability index continues to decrease, as well. Months supply of homes is very low at 2.1 months, but even lower for homes priced under $200,000.
MORE INFORMATION ABOUT THE CHARLOTTE REGION'S HOUSING MARKET PERFORMANCE IN FEBRUARY 2019, CLICK HERE
The Charlotte region's housing market ended the last month of 2018 with home prices up, closed sales down, and pending sales flat as compared with December 2017. Both average and median sale prices were up in December 2018. Inventory and the months supply of homes remain low and below what they were one year ago with homes selling quickly as a result.
December 2018 Closed Sales: down 14% versus December 2017. Year-to-date, closed sales were down 2.7%. December 2018 Pending Sales: flat versus December 2017 and down 1.9% year-to-date. December 2018 Average List Price: … (34 comments)
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