Charlotte Region Housing Market December 2022. What To Know Now.
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Greater Charlotte Region's real estate market in December 2022...What you need to know... What it means for you... December 2022 home sales were down year-over-year for a 12th consecutive month in the 16-County Charlotte Region. Pending sales were also down year-over-year for a 12th consecutive month. Sales are happening, but not at the volume or pace of the prior year or even earlier in 2022. Despite, lower closed and pending sales, average list and sale prices increased in December 2022, year-over-year. Home prices are still increasing, but at a slower pace. Median sale price also increased year-over-year. The median sale price is the best measure of price over time, as it factors out extreme highs and lows in home prices. Month-over-month, both average and median...
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