A quick March 2025 update for the City of Charlotte is showing increased inventory and at the same time, substantially higher prices:
- New Listings have increased 10.8%
- Average sales price has increased 17% to $647,379
Clearly the increase in inventory has not brought pricing down. What happened in your neighborhood in March?
Myers Park – 9 closings, $568.14 per foot HLA
Cotswold – 14 closings, $477.56per foot HLA
Eastover – 5 closings, $620.14 per foot HLA
Madison Park – 13 closings, $374.96 per foot HLA
Midwood – 10 closings, $478.54 per foot HLA