The Charlotte Region's luxury real estate market continued to produce solid buyer activity in most ranges, yet inventory increases in many areas resulted in lower average showing appointment activity per home compared to last year's same September period. While slightly lower interest rates helped prod the mid-market segment into higher activity, economic uncertainty seemed to temper activity in the luxury and ultra-luxury ranges...

Despite what so far has been a volatile year for asset classes, the luxury real estate market in the Lake Norman area has shown record sell-through despite rises in inventory. In many of the region's communities and luxury price ranges, closed units are actually up compared to last year's same period yet rising inventories have contributed to longer average days on market for sellers, an unusual dynamic not typically seen when the market is producing record sold levels.