On the Move monthly newsletter is published by Helen Adams Realty. It features news and statistics about the real estate market in Charlotte, NC and the surrounding areas. Click the button above to download the latest edition of our newsletter.
See year over year stats for residential closings in the Charlotte area.
See stats on pending sales as well as the number of new listings.
See figures for average days on market for homes (list to close).
See the number of active listings each month.
The first month of 2013 looks very similar to 2012, as most metrics continue to indicate market recovery. For the 12-month period spanning February 2012 through January 2013, Pending Sales in the Charlotte region were up 32.3 percent overall. The price range with the largest gain in sales was the $300,001 and Above range, where they increased 43.1 percent.
The overall Average Sales Price was up 0.6 percent to $189,007. The property type with the largest price gain was the Single-Family segment, where prices increased 5.5 percent to $165,000. The price range that tended to sell the quickest was the $100,000 and Below range at 94 days; the price range that tended to sell the slowest was the $300,001 and Above range at 122 days.
Market-wide, inventory levels were down 29.4 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 28.1 percent. That amounts to 5.0 months supply for SingleFamily homes and 4.5 months supply for Condos.