Why Charlotte is now the hottest real estate market in America

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In Charlotte, the number of vacancies on the city’s median-priced property dropped to a new low in December, with the average price of a single-family home up 4.7 percent from the same month a year ago, according to Zillow.

The median price of single-families in Charlotte is $1.3 million, up 2.6 percent from a year earlier.

The number of units sold jumped 6.3 percent to 2,068 from 1,723.

And the median price for single-households in Charlotte, which includes condos, townhomes and apartments, increased 4.5 percent to $1,817 from $1

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