September 13, 2017

Charlotte NC Home Sales: August 2017 Real Estate Market

By Julie P. Tuggle

 As of August 31, 2017, the inventory of homes for sale  tumbled once again by 632 units, a drop of 21.3%, to  a new low of 2,341. This leaves only a 1.7 months  supply of homes for sale, representing a decrease of  26.1% from last August. As one would expect, the  median sales price shot up to $217,000, an increase of  $1,000, or .5%, from last year. These factors helped  nudge the percent of original list price received up by  another .7% to 98.4%.

Click the link to our web site at the right to compare the recent home sales prices by neighborhood and home size with our FREE Home Sales Price Report. 

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