charlotte region real estate report november 2019: Charlotte, NC Region Monthly Real Estate Report: November 2019
- 12/11/19 05:51 AM
Charlotte, North Carolina Region Real Estate Report:
November 2019
Charlotte, North Carolina region real estate report and housing market snapshot for November 2019. Charlotte region remained a seller’s market in November 2019 with inventory remaining extremely tight, dropping 22.6% compared with November 2018.
Lack of inventory and new listings resulted in higher home list and sale prices year-over-year, and year-to-date. Average sale prices increased 7.2% and median sale prices increased 8.1% year-over-year. Year-to-date average and median sale prices increased 5.6% and 7.1% respectively.
Closed sales increased 2%, while pending sales were up 20.3% year-over-year in November.
Homes continue to sell quickly with average days on market 42 days, down 2 days from one year ago. Cumulative … (8 comments)
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