CHARLOTTE REGION RESIDENTIAL SALES SUMMARY

Modest median and Average Sales Price increases, a significant jump in inventory, and a slow down in Closed Sales continue to define much of the Charlotte Region and establish a baseline for our other markets

The Median Sales Price in Q1, 2023 for a single family home in Charlotte was $365,000 for a year over year increase of 1.4%

Charlotte Occupied Housing Units** 53% of homes are owner-occupied households and 47% are renter-occupied households

As of February, 2023 the Average Month's Rent in Charlotte for a 2 bedroom was $1,632

The Median Sales Price in Q1, 2023 for a single family home in Mecklenburg County was $405,459 for a year over year increase of 4.2%