The Charlotte real estate market saw largely positive numbers in January. New listings in the Charlotte region decreased 1.3 percent to 3,838. Pending sales were up 62.3 percent to 2,925. Inventory levels shrank 29.4 percent to 12,862 units.
Prices rallied higher. The Median Sales Price increased 2.6 percent to $150,000. List to Close was down 5.9 percent to 155 days. Absorption rates improved as Months Supply of Inventory was down 46.6 percent to 5.0 months. See the complete Charlotte real estate market update for January.