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Charlotte Region Real Estate in July: Sales Down 10% YoY, Inventory Down 42% YoY

Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

For the Charlotte Region:

Closed sales in July 2021 were 5,189, down 10.5% from 5,796 in July 2020.

Active Listings in July 2021 were 4,073, down 42.2% from 7,045 in July 2020.

Months of Supply was 0.8 Months in July 2021, compared to 1.6 Months in July 2020.

Inventory in July was up 17.6% from last month, and up 49.0% from the record low in March 2021.

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