One more month down in 2020! Often we hear about the market slowing in the fall but for October, numbers continued to hold strong. With such a tight inventory, and interest rates remaining as low as they are, we've still got plenty of competition in the Charlotte area. 

You'll see that both prices and number of sales remained steady, as did months supply holding at 1.1 again. One interesting thing we see is pending sales went up last month, meaning buyers are still out there shopping for their next homes! If you're curious to know what your house is worth you can get a general estimate with this link, or send us an email. 


Number of Closed Sales


Avg. Price


Price Compared to Last Month 


Price Compared to Last Year

+ 14.4 %

Median Price


Median Price Compared to Last Year

+ 15.2 %

Avg. Days on Market


Pending Sales


House Supply

1.1 Months

Avg. Mortgage Rate

2.83 %

Avg. $/Sqft


New Listings


Above are market statistics for Mecklenburg County, single family homes. Statistics for your neighborhood may vary, so for more accurate data about your specific area, send us an email at