Charlotte Average Home Sales decline 6%

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On the average sales price of a home also dipped 6%. The price dropped from $209,245 in August to $196,760. The closings went from 2,221 to 1,945.

The good news is after a hard winter, I predict we will bounce back in the Spring of 2010.

Sorry to say, but I think we all expected the month of September to be lower than the previous month. Kids going to school and all. But 12% is a pretty big number for Charlotte. Also YOY we dropped 13%.

 

What say you?

 

Keith is a Realtor with Wilkinson & Associates in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. He has formed a team with over 45 years of Charlotte knowledge, that covers the North and South and surrounding areas of Charlotte! I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for...

...our Neighbors, our Friends, our Families!

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