The real estate market in November continued to show improvements from a year ago, with a 35% increase in closed sales, a 5.6% increase in median sales price, and a 27.5% drop in inventory.
New listings in Charlotte were up 5% to 3,028. There was a 37.9% increase in pending sales, and List to Close numbers were down 9% to 146 days.
Let’s take a look at Mecklenburg and Union County charts.
So, with one month left for the year, let’s hope the housing market finishes strong and continues it’s march back from the bottom in 2013.