The number of houses sold in the Charlotte area fell 30.6 percent last month, and the average closing price declined nearly 1 percent, according to the Charlotte Regional Realtor Association.
The number of closings dropped to 1,848 last month from 2,662 in October 2007.
The average sales price dipped to $216,777 from $217,504 a year earlier.
The average number of days on the market was 134.
The statistics cover homes in Mecklenburg, Union, Iredell, Lincoln, Cabarrus, Gaston and Stanly counties.
Info from CRRA