November 4, 2019

September 2019 Charlotte, NC Real Estate Market Conditions

By Julie Tuggle

Let’s look at Charlotte's real estate market indicators for the month of September. The most glaring trend is the continued inventory shortage. As of September 30, 2019, the number of month's supply of homes for sale is 1.8, which is down 21.7% from last September. The total number of homes for sale is down by 574 units, a decrease of 19%. Little surprise that the median sales price rose by $30,000, or 13% from 2018. And what had been the only sign of relief from rising home prices, the percentage of original list price received, has increased, though by only .5%.

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Carolina Buyer's Agent Julie Tuggle

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