Home sales across the Charlotte region were essentially flat in June, while prices continued to inch higher. Canopy MLS says 4,304 homes were sold across the 16-county region, an increase of just two-tenths of a percent from a year ago but the median sales price rose half a percent to nearly $417,000, while the average price climbed nearly 4 percent to about $553,000.
Inventory increased more than 5 percent, giving buyers additional choices, but the region remains below what is considered a balanced market. The steady sales came despite mortgage rates hovering near 7 percent for much of the month.
