Luxury Homes Market Charlotte Region: August 2023
Luxury homes market in Charlotte Region in July saw average and median home sale prices increase from July 2022, as well as from June 2023. Pending sales increased, while closed sales decreased. Median days on market were just seven. Median list to sale price ratio was 98.8%. New listings declined 20.9%. Inventory declined 8.4%. Months supply of inventory declined 0.4 months year-over-year to 3.1 months, keeping luxury home sellers in the "driver's seat" in the Charlotte region.