Charlotte Real Estate Closings Up 22 Percent Over July 2011
Charlotte Regional Realtor® Association reports that the number of closings for July 2012 (2,653) increased 22.2 percent compared to July 2011, when closings totaled 2,171. The average sales price in July 2012 ($220,385) was up 3.4 percent compared to the same period last year ($213,205), and the median sales price ($166,100) — the best measure of trends over a period of time — showed prices up slightly, 1.6 percent, compared to July 2011 when the median sales price was $163,500; marking six consecutive months of year-over-year price gains. The average list price in July 2012 ($237,904) decreased 1.4 percent when
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