The New Year has begun and with it, many buyers and sellers have a change of housing in their new year resolutions. While ongoing unemployment claims are still elevated, it is less than one quarter of what it was at its high during the early days of the pandemic. With interest rates remaining near record lows, the stock market near record highs, and inventory of homes available still constrained in most segments of the market, the year is setting up to be another filled with strong demand and limited supply.

Charlotte Region

For the week ending Jan. 2:

• New Listings decreased 14.8% year-over-year to 559
• Pending Sales increased 1.9% year-over-year to 646
• Inventory decreased 50.9% year-over-year to 4,391

For the month of December:

• Median Sales Price increased 10.2% year-over-year to $291,950
• List to Close decreased 13.4% year-over-year to 84
• Percent of Original List Price Received increased 2.6% year-over-year to 98.9%
• Months Supply of Homes for Sale decreased 55.0% year-over-year to 0.9 months
  
  

Asheville Region

For the week ending Jan. 2:

• New Listings decreased 25.5% year-over-year to 108
• Pending Sales increased 12.7% year-over-year to 151
• Inventory decreased 50.3% year-over-year to 2,250

For the month of December:

• Median Sales Price increased 17.5% year-over-year to $311,350
• List to Close decreased 11.1% year-over-year to 112
• Percent of Original List Price Received increased 3.2% year-over-year to 95.9%
• Months Supply of Homes for Sale decreased 58.7% year-over-year to 1.9 months