The Charlotte housing market showed mixed trends in February, according to Canopy, the Charlotte area Realtors Association.
Home sales fell 8.7% year-over-year but rose nearly 9% from January, partly due to mortgage rates dipping.
The median home price held steady at $385,000, while the average price increased 2.5% from last year.
Inventory jumped 36%, giving buyers more options. In Mecklenburg County, sales dropped 14.3%, but growing inventory signaled a shift toward a more balanced market.
