Charlotte Region Luxury Homes Market Report: March 2021

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March 2021 saw continued strengthening in the luxury homes market in the Charlotte region versus March 2020, despite the ongoing pandemic. Inventory and the 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.