Charlotte-area home sales drop 32%

The number of houses sold in the Charlotte area fell 32.1 percent last month, and the average closing price declined 1.9 percent, according to the Charlotte Regional Realtor Association.

The number of closings dropped to 2,400 last month from 3,534 in April 2007.

The average sales price dipped to $221,497 from $225,748 a year earlier.

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Houses sold last month were on the market for an average of 133 days.

The statistics cover homes that have existed for at least a year and some newly constructed residences in Mecklenburg, Union, Iredell, Lincoln, Cabarrus, Gaston and Stanly counties.

The Charlotte Regional Realtor Association operates the Carolina Multiple Listing Services Inc., which has more than 10,000 subscribers. The group is a trade association that provides resources and services to more than 9,000 Realtor members.