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.

[idxstats county=”Mecklenburg”]
[idxstats county=”Union”]

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.