2018 Charlotte market can be summed up in one word - inventory!With a shortage of housing inventory, demand for housing drove sales prices upwards,holding the Days on Market statistics steady on 2017 results,as more buyers flooded the market than there were homes for. For the first time in years,Sales Volume has continued to rise while the number of sold homes have dipped slightly. Looking specifically at Charlotte, 2018 residential home sales were stronger in sales volume,however the number of Closed Sales were down by 5.78% on 2017 figures.The Median Sales Price for a single-family home or condo in Charlotte last year was $240,000,a notable increase of 6.19%. Average Price Per Square Foot has risen 5.83%