July 21

Charlotte-area home sales jumped 22% in June

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From Jen Wilson at BizJournals.com: Charlotte’s residential real estate market continues to heat up, according to the monthly activity report from the Charlotte Regional Realtor Association.

Home sales in the Charlotte region jumped 22.1% in June from a year earlier, the association reported — a figure that surpasses the year-over-year gains posted in recent months. Data from the Carolina Multiple Listing Service show 4,434 homes were sold in the area last month, up from 3,630 in June 2014.

On a month-to-month basis, sales were up 15.3% in June from May, when 3,845 homes were sold.

However, the annual growth rate in sales prices slowed in June. The average sales price last month was $260,003, up 0.8% from a year earlier, while the median sales price was $206,089, rising 4.5%. In May, average and median prices rose 4.2% and 8.1%, respectively, from a year earlier.


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