I know this graph has alot of information but the data is clearly showing a trend in the Charlotte housing market. Typically, the Charlotte market seems to lag the national trends. There are positive and negative trends illustrated above.

Positive: The median price of homes in Charlotte are trending higher in the majority of price points.

Negative: The supply of homes on the market from 2009 to 2012 is declining in all price points except for the lowest median price level. The lack of supply will start to pressure median prices higher.

Conclusion: We are seeing a shift from a buyers market to a sellers market.

If you are a buyer, it is time to think about getting off the fence and getting into the game!