Charlotte Region Real Estate Report: May 2021

Charlotte Region May 2021 Housing Market Overview

Charlotte Region real estate market in May 2021 saw continued strengthening. Charlotte’s housing market has essentially bounced back after the pandemic-related lockdowns in April and May 2020, which put real estate activity on pause. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in May 2020. With so little inventory, one could say that it’s on “life support” these days. Mecklenburg, Union, Lancaster, York and Gaston Counties in the Charlotte region essentially mirrored the overall housing market activity.