The National Association of REALTORS® shared in their latest REALTORS®
Confidence Index Survey of more than 4,000 members that there were nearly three offers for every home sold in May, which is up from a little more than two offers for every sold home in the April survey. Buyer activity, seen in both showings and Pending Sales, has been strong while seller activity, seen in New Listings, has lagged a bit, suggesting that multiple offer situations continue to be common and will likely remain so in the coming weeks.

Charlotte Region

For the week ending June 27:

• New Listings decreased 15.5% year-over-year to 1,160
• Pending Sales increased 25.6% year-over-year to 1,458
• Inventory decreased 40.8% year-over-year to 6,354

For the month of May:

• Median Sales Price increased 2.0% year-over-year to $265,245
• List to Close increased 1.1% year-over-year to 90
• Percent of Original List Price Received increased 0.3% year-over-year to 97.6%
• Months Supply of Homes for Sale decreased 34.6% year-over-year to 1.7 months

Asheville Region

For the week ending June 27:

• New Listings decreased 10.2% year-over-year to 300
• Pending Sales increased 40.8% year-over-year to 400
• Inventory decreased 34.9% year-over-year to 3,557

For the month of May:

• Median Sales Price increased 2.7% year-over-year to $267,000
• List to Close increased 2.6% year-over-year to 119
• Percent of Original List Price Received increased 0.8% year-over-year to 95.5%
• Months Supply of Homes for Sale decreased 33.9% year-over-year to 4.1 months