Charlotte, NC Real Estate Numbers - July 2017

Posted by Chad Hendrix on Sunday, August 20th, 2017 at 2:03pm.

As of the end of July 2017, the median price for a Charlotte area home rose again. The increase this month was 9.8% to a new average of $236,000. In the last year, that is an increase of $21,000. Inventory continues to be low, dipping almost 20% as compared to last July. This equates to a 2.6 month supply of home for buyers. Thus, the decrease in inventory seems to be informing the higher purchase price.

If you have any questions related to this data, or are ready to list, get in touch.

 

 

 

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