August average closing prices for Charlotte, NC

Posted By Helen Adams Realty on September 18th, 2009

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The average closing price for the Charlotte area in August 2009 was $209,245, down approximately 9.3 % compared to 2008. Average days from listing date to closing was 145.9 in August. august-2009-active-listings-by-price-range2
There were 2221 total closings in August 2009, down 10.1% compared to 2008. Sales are holding steady compared to last month, which reported 2223 total closed sales in July 2009.
The bulk of home sales continues to be in the lower price ranges, with 87% of sales in the $350,000 and under category. I expect this trend to continue based on current market conditions. august-2009-sold-lsitings-by-price-range2

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