The average residential closing price for the Charlotte area in April 2009 was $201,352, down approximately 5 percent compared to 2008. Sold prices are reflecting those of five years ago in 2004.
There were 1773 total closings for April 2009, down 26.2% compared to 2008. The bulk of home sales continues to be in the lower price ranges - with 89 percent of sales $350,000 and under.
CLICK HERE TO SEE FULL 2nd Quarter Real Estate Market report on Charlotte NC.
CLICK HERE TO SEE 1st Quarter Real Estate Market trends for Charlotte, NC.