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Feb. 23, 2002 Home sales in the Charlotte area were up in January, getting the new year off to a strong start. Contracts, the most current measure of activity, were up 8 percent from the same month in 2001. Closings, which follow contracts by about six weeks, were up a stunning 27 percent. Realtors said earlier that they had a busy December, as buyers rebounded from the impact of Sept. 11 and the lingering recession. Here are other details from the monthly report of the Carolina Multiple Listing Services, the agency that serves Mecklenburg and surrounding counties: • Contracts on homes, condos and townhouses climbed from 1,835 in January 2001 to 1,986 in January this year. Residential closings rose from 1,282 to 1,629. • The average listing price in January for the entire MLS was $188,357. The average closing price $179,152; the median, which means half sold above and half below, was $127,122. • The average closing price in January for new homes, condos and townhouses sold through the MLS was $202,167; the median was $108,900. • Featured sales this month -- which sold for about the average closing
price for the entire MLS -- are from Area 1 in northeast Mecklenburg, Area 4 in
southeast Charlotte and York County. |
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