Housing Market Report for Bruns Avenue Elementary, Charlotte, NC

This housing market report uses absorption rates to track supply and demand for Bruns Avenue Elementary, Charlotte, NC. With 9.6 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 16, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$225k – $250k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$400k – $425k

With 18 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$550k – $600k

0 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

With 6.2 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
100k-125k 1 0.2 0 Seller's
150k-175k 2 1 0.3 0 Seller's
175k-200k 2 0.3 0 Seller's
200k-225k 1 0.2 0 Seller's
225k-250k 1 1 0.2 6 Balanced
250k-275k 1 0.2 0 Seller's
300k-325k 1 0
325k-350k 2 0
350k-375k 1 1 0.2 6 Balanced
375k-400k 2 1 0.1 12 Buyer's
400k-425k 3 1 0.1 18 Buyer's
425k-450k 1 0.2 0 Seller's
450k-475k 1 0
475k-500k 1 0
500k-550k 2 1 0.1 12 Buyer's
550k-600k 3 0.5 0 Seller's
600k-650k 2 0.3 0 Seller's
650k-700k 2 2 1 0.2 6 Balanced
700k-750k 4 0
750k-800k 3 1 0.1 18 Buyer's
800k-850k 1 0
850k-900k 2 0.3 0 Seller's
950k-1m 1 0
1m-1.1m 2 0
1.1m-1.2m 1 0.2 0 Seller's
1.2m-1.3m 1 0.2 0 Seller's
1.4m-1.5m 1 0.2 0 Seller's

Townhouses

Hottest Segment 🔥
$550k – $600k

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$275k – $300k

With 10 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$275k – $300k

5 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

With 7.7 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 1 0.2 0 Seller's
275k-300k 5 3 0.1 10 Buyer's
300k-325k 1 1 0.2 6 Balanced
325k-350k 2 0.3 0 Seller's
350k-375k 2 0
375k-400k 1 0.2 0 Seller's
400k-425k 2 0.3 0 Seller's
450k-475k 2 0
475k-500k 2 0
550k-600k 1 3 0.5 2 Seller's
650k-700k 4 0
700k-750k 1 0
850k-900k 1 0.2 0 Seller's

Condos

Hottest Segment 🔥
$500k – $550k

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$550k – $600k

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

3 active listings with 4 sold in the last 6 months.

Market Overview
All Segments

With 12.3 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
175k-200k 1 1 0.2 6 Balanced
200k-225k 1 0
225k-250k 2 0
250k-275k 3 4 0.2 4.5 Balanced
275k-300k 5 3 0.1 10 Buyer's
300k-325k 4 2 0.1 12 Buyer's
325k-350k 2 0.3 0 Seller's
350k-375k 2 1 0.1 12 Buyer's
375k-400k 3 2 0.1 9 Buyer's
400k-425k 2 0
425k-450k 5 0
450k-475k 1 0.2 0 Seller's
475k-500k 3 0
500k-550k 1 3 0.5 2 Seller's
550k-600k 4 1 0 24
600k-650k 2 1 0.1 12 Buyer's
700k-750k 1 0
800k-850k 2 0
1.4m-1.5m 1 0
1.9m-2m 1 0

Land

Hottest Segment 🔥
$50k – $75k

Absorption rate of 0.

Most Active
$75k – $100k

2 active listings with 0 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
50k-75k 1 0
75k-100k 2 0
175k-200k 2 0
200k-225k 1 0
250k-275k 1 0
275k-300k 1 0
750k-800k 1 0
900k-950k 1 0

Neighboring Cities

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