May 2017 video market update on Luxury Home Sales in Charlotte, North Carolina
from RE/MAX Executive based on April 2017 luxury home sales.
Charlotte region's luxury home market during April 2017 compared with the same period one year ago as follows:
- The number of sales of luxury homes increased 17% year-over-year.
Days on market were down 29% on a year-over-year basis to 68 days.
Median list price for luxury homes was $999,000 with a median sale price of $982,000.
- The number of active listings was up 3% versus one year ago.
- 50 homes priced between $1 and $2 million sold during the month of April 2017 and 4 homes priced over $2 million sold in April 2017 in the Charlotte region. This compares with the number homes sold in April 2016, when 33 homes priced between $1 and $2 million sold and 4 homes priced over $2 million sold. The most expensive home sold during April 2017 sold at $2,690,000 in the Sanctuary neighborhood of southwest Charlotte near Lake Wylie.
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