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Charlotte Area Real Estate News. Homes for Sale
Charlotte Area posted the largest Price increase in the South

As reported by Bizjournals on 11-21-07. The Charlotte area posted the largest price increase in the South for existing single-family homes in the third quarter.

Prices rose 11 percent to $220,100 from the same period last year, according to the National Association of Realtors.

The local market was followed by the Beaumont-Port Arthur area of Texas, with a 10.2 percent gain to $129,100, and Corpus Christi, Texas, at $140,500, up 7.6 percent.

The median existing single-family home price in the South fell 3.6 percent to $180,800 in the third quarter compared with the year-ago period.

More here on Charlotte Home Prices

Published Thursday, November 22, 2007 8:56 AM by Angie Adams NC/SC REALTOR® Broker

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