CHARLOTTE, N.C. — A shortage of homes listed for sale has long been a common theme in the Charlotte market, like many parts of the country. And halfway through 2019, year-over-year inventory declines in the local housing market had crept back into the double-digit range.
The total inventory of existing homes for sale across the Charlotte region in June fell 14 percent. The 9,407 homes on the market — a drop of 1,528 homes from June 2018 — represented a 2.3-months’ supply of inventory, down from a 2.7-months’ supply in the previous year.
The good news? Charlotte’s inventory in June had increased by 684 homes since January, when there were 8,723 homes listed for sale.
This slideshow provides a snapshot into which parts of the greater Charlotte area boasted the highest gains in inventory stock in June, compared to the previous year, and where inventory remains extremely limited.
Read more here.
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