Lake and Town Realty Presents Homes For Sale in Lake Norman and Huntersville, NC Charlotte area.
The number of home closings in the Charlotte market rose 13.6 percent in October from September. However, the average sales price dropped 9.5 percent.
The market saw 2,210 closings last month, up from 1,945 in September, according to the Charlotte Regional Realtor Association. The average sales price dropped to $196,204 from $196,760 in September.
Closings are up and prices are down from a year ago.
Last month’s closings rose 19.6 percent from the 1,848 total in October 2008. But the average sales price fell 9.5 percent from $216,777 a year earlier.
The average listing price of houses sold last month was $218,050, down less than 1 percent from the previous month. The average listing price was $237,436 in October 2008.
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