Charlotte Region Luxury Homes Market Report: October 2021

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Charlotte region luxury home sales in October 2021 saw continued demand for luxury homes with an increase in both pending sales and average sale price year-over-year. Average and median days on market were down significantly year-over-year. While new listings increased, inventory was down year-over-year and the months supply of homes was also down year-over-year and month-over-month. With less than two months of inventory, the luxury segment of Charlotte’s housing market remains a seller’s market.