Residential Rebound in Charlotte

residentialreboundThe Charlotte real estate market is seeing a residential rebound.

October home sales in the Charlotte area were up 13.3% from a year earlier, according to the Charlotte Regional Realtor Association.

This month, average sales price of a Charlotte home is $228,080, up 8.5% from last year. There are also over 3,100 pending sales, which is an increase of 20.5% over last year.

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