October 11, 2011

As prices drop on Charlotte homes, sales continue to rise

Home prices in Portland fell 9.1 percent, according to the latest data from Case-Shiller.

 In September, the amount of Charlotte-area homes sold totaled almost 2,000, which is 26% more than homes than what was sold last year. This increase in sales in not a random move for homebuyers, but an extremely smart one – sales went up as prices went down!

The price of Charlotte homes averaged about $197K, which was a 4.5% decrease in priced from August and a 6.5% decrease from last year! There couldn’t be a better time to buy!

To search for homes in Charlotte and surrounding areas in North Carolina and South Carolina, based on your specific criteria, including price range, location, size, etc. CLICK HERE!

Click here to read more about the market statistics in Charlotte.

Showcase Realty