The summer selling season is progressing with plenty of buying and selling activity thus far, thanks to a healthy economy that has consumers willing to spend their hard-earned money on the things they desire, even if it's more expensive than it was a few years ago. This has proven to be true in several sectors, whether retail, travel or even housing, the most expensive purchase most people will ever make in their lives.

In the Charlotte region, for the week ending June 29:

• New Listings increased 6.4% year-over-year to 1,358
• Pending Sales increased 18.7% year-over-year to 1,321
• Inventory decreased 10.8% year-over-year to 9,718

For the month of June:

• Median Sales Price increased 7.1% year-over-year to $267,500
• List to Close increased 3.4% year-over-year to 90
• Percent of Original List Price Received decreased 0.6% year-over-year to 97.2%
• Months Supply of Homes for Sale decreased 14.8% year-over-year to 2.3 months