MECKLENBURG COUNTY, N.C. - Charlotte’s housing market grappled with rising prices and lower inventory in 2018, resulting in sluggish sales last year.
Home sales, for instance, dropped during nine of the 12 months in 2018, posting the steepest decline of 15.3% in September. The only uptick in sales across the Charlotte region last year came in January, up 2%; February, up 2.1%; and April, up 1.6% — and it could be more of the same for 2019. According to the latest Charlotte Regional Realtor Association report that tracks housing activity across the 16-county region, sales are off 2.8% during the first two months of this year.
But the Charlotte Business Journal was interested in finding out just where home sales slid — and in some cases, grew — the most across Mecklenburg County in 2018.
At the request of the CBJ, the CRRA provided housing statistics for ZIP codes across Mecklenburg County. In addition to home sales, the Carolina Multiple Listing Services Inc. data offered a view into where sales prices rose the highest and homes sold the quickest for 30 ZIP codes in the county.
For the analysis, CBJ included ZIP codes with at least 100 home sales recorded last year and those with a substantial area spanning Mecklenburg County. That eliminated 28104 in the southeastern portion of Mecklenburg and left 29 ZIP codes, all of which can be viewed in this slideshow.
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