Charlotte Region Luxury Homes Market Report: February 2021

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February 2021 saw continued strengthening in the luxury homes market in the Charlotte region versus February 2020, despite the ongoing pandemic. Inventory and months supply of luxury homes were significantly down, as were average and median days on market. Pending and closed sales were up significantly year-over-year. The luxury home market in Charlotte is now definitely a seller’s market compared with one year ago when it was more of a balanced market.