Luxury homes market in Charlotte region saw closed and pending sales decrease significantly. At the same time, home prices increased year-over-year and month-over-month. Average days on market also increased, as did inventory. New listings decreased 74.1% year-over-year.
Luxury homes market in Charlotte region saw closed sale decrease, but pending sales increase year-over-year. Pending sales were also increased month-over-month. Months supply of homes stood at 2.4 months in January, up year-over-year, but down from December 2022. List to sale price ratio was 0.6% lower in January 2023 year-over-year, but 2.7% high compared with December 2022. Both average and median sale prices were down year-over-year and month-over-month.
