PROVIDENCE, WEDDINGTON & WAXHAW

After a torrid last 36 months, this area did see some tapering in both the under $1 million range and the luxury range above $1 million, albeit very slightly in the luxury range. The luxury range recorded 50 closings in the fourth quarter after seeing 60 in the same period in 2021 Pending contracts in both segments were very healthy despite a downturn in showings, with 44 homes pending in the $500k-$999k range on 44 active listings. 37 additional luxury homes were pending over $1 million with just 24 remaining active, which is roughly 30 days of inventory