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Last Updated on Wednesday, 03 December 2008 21:37

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Newsflash

CHARLOTTE, –N.C. – CRRA reports on the residential real estate market in this region. The number of closings for October 2008 was 1,848, which is a 30.6 percent decrease from October 2007. The average sales price for October 2008 was $216,777, which is a decrease of less than one percent when compared to October 2007. The average listing price for solds in October ($237,436) increased 4 percent over last year’s average list price of $228,082.