December 12, 2018

November 2018 Charlotte, NC Real Estate Market Conditions

By Julie Tuggle

Here’s a look at the latest real estate market stats in Charlotte home sales during the last 30 days. The percentage of the original sale prices received has gone down from 97.2% in the last year to 96.8%, which is a decrease of .4%. Having less inventory can continue to become a prominent issue.

The number of homes available for sale increased by 10% in November of 2017 to 2,607 units.  This leaves Charlotte with the number of months’ supply of homes for sale at 2, which is an increase of 17.6%.  The continued lack of supply has brought prices up again.  The Median sales price for homes in Charlotte has gone up from $227,000 in November of 2017 to the current median price of $233,000.

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Carolina Buyer's Agent Julie Tuggle

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