Charlotte Home Closings and Prices Up
From the Charlotte Business Journal:
The number of residential real estate closings in the Charlotte market rose 5.9 percent in June from May, and the average sales price increased 9.8 percent.
There were 2,024 closings in June, up from 1,912 in May, according to the Charlotte Regional Realtor Association. The average sales price rose to $218,728 from $199,243.
Closings and sales prices are down significantly from a year ago.
Last month’s closings fell 26 percent from June 2008, when there were 2,734 closings. The average sales price dropped 6.4 percent from $233,670.
The average listing price of houses sold last month was $244,316, down 1.5 percent from June 2008. The average listing price in June rose 9.3 percent from $223,470 in May.
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