Oct '09: According to the Charlotte Regional Realtor Association statistics, the average home sales price for may was $196,204. The average sales price was down by 10.5% over the same period last year.
October sales totaled 2,210 out of approximately 23,914 listings, so it is taking about 11 months for the inventory to turn over. Home sales have picked up due to the new $8,000 federal tax credit available to first-time homebuyers.
Review month-by-month Charlotte home sales prices over the past year and get a real-time market snapshot at http://www.charlotte-home-buyer-alert.blogspot.com/ .
About Julie Tuggle:
Julie Tuggle, Broker/Owner of Carolina Buyer's Agent, has been giving Charlotte NC area buyers the negotiating advantage throughout the home purchase process since 1998. Search the full range of Charlotte real estate including for-sale-by-owner homes, MLS listings, new construction, and foreclosures at www.CarolinaBuyersAgent.com .
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
