charlotte nc region housing market: Charlotte, NC Region Housing Market Report/Video: 4th Quarter 2018
- 01/21/19 04:09 AM
Charlotte, NC Region Housing Market Update: 4th Quarter 2018 4th quarter 2018 Charlotte, North Carolina region’s home sales continued the trends we’ve seen since 2015. Home buyers are finding the housing market very competitive with higher home prices and a lack of properties to buy. Buyers looking for a bargain are “hard pressed” to find one. Meantime, home sellers continue to sell their homes relatively quickly and for top dollar, when priced right for condition and location. With regional months supply of homes at 2.2 months, the Charlotte region remains very much a seller's market.
The Charlotte region's housing market ended the last month of 2018 with home prices up, closed sales down, and pending sales flat as compared with December 2017. Both average and median sale prices were up in December 2018. Inventory and the months supply of homes remain low and below what they were one year ago with homes selling quickly as a result.
December 2018 Closed Sales: down 14% versus December 2017. Year-to-date, closed sales were down 2.7%. December 2018 Pending Sales: flat versus December 2017 and down 1.9% year-to-date. December 2018 Average List Price: … (34 comments)
The Charlotte region's housing market began the last month of 2018 with home prices up, closed sales down, but with pending sales up as compared with November 2017. Both average and median sale prices were up in November 2018. Inventory and the months supply of homes remain low and below what they were one year ago with homes selling faster as a result.
November 2018 Closed Sales: down 11.9% versus November 2017. Year-to-date, closed sales were down 2.3%. November 2018 Pending Sales: up 7.3% versus November 2017 and down 1.4% year-to-date. November 2018 Average List Price: increased 8.8% to just under $318,000 versus November … (16 comments)
The Charlotte region's housing market ended the first month of the third quarter of 2018 with home prices up, closed sales down due to limited inventory, but with pending sales up as compared with July 2017. Both average and median sale prices were up in July 2018. Inventory and the months supply of homes remain low and below what they were one year ago with homes selling faster as a result. Inventory and months supply of homes continue to drop by double-digits.
July 2018 Closed Sales: down 2.8% versus July 2017. Year-to-date, closed sales were down 1.0% (more to do with lack of … (18 comments)
The Charlotte region's housing market ended the second quarter of 2018 with home prices up, closed sales down due to limited inventory, but with pending sales up as compared with June 2017. Both average and median sale prices were up in June 2018. Inventory and the months supply of homes remain low and below what they were one year ago with homes selling faster as a result.
June 2018 Closed Sales: down 11.9% versus June 2017. Year-to-date, closed sales were down 2.1% (more to do with lack of inventory than diminished buyer interest). June 2018 Pending Sales: up 7.4% versus June 2017 and up 1.4% … (28 comments)
The Charlotte region's housing market began the first month of the second quarter with home prices up, closed sales and pending sales up as compared with April 2017. Both average and median sale prices were up in April 2018. Inventory and the months supply of homes remain low and below what they were one year ago with homes selling faster.
April 2018 Closed Sales: up 1.6% versus April 2017. Year-to-date, closed sales were down 1.1%. April 2018 Pending Sales: up 10.7% versus April 2017 and up 3.0% year-to-date. April 2018 Average List Price: increased 6.6% to just under $343,000 versus April 2017. Year-to-date, average list prices … (22 comments)
The Charlotte region's housing market ended the third month of 2018 with home prices up, closed sales down and pending sales up as compared with March 2017. Both average and median sale prices were up in March 2018. Inventory and the months supply of homes remain low and below what they were one year ago and homes are selling faster.
March 2018 Closed Sales: down 11.2% versus March 2017. Year-to-date, closed sales were down 4.2%. March 2018 Pending Sales: up 7.2% versus March 2017 and up 3.7% year-to-date. March 2018 Average List Price: increased 6.0% to just over $346,000 versus March 2017. … (12 comments)
The Charlotte region's housing market ended the second month of 2018 with home prices up, closed and pending sales up as compared with February 2017. Both average and median sale prices were up in February 2018. Inventory and the months supply of homes remain low and below what they were one year ago.
February 2018 Closed Sales: up 3.4% versus February 2017. Year-to-date, closed sales were up 3.4%. February 2018 Pending Sales: up 8.3% versus February 2017 and up 8.7% year-to-date. February 2018 Average List Price: increased 3.9% to just over $328,000 versus February 2017. Year-to-date, average list … (22 comments)
The Charlotte region's housing market ended the final month of 2017 with home prices up, closed sales down, but pending sales considerably up as compared with December 2016. Both average and median sale prices were up in December 2017. Inventory and the months supply of homes remain low and well below what they were one year ago, which are a primary cause of the slowdown in sales.
December 2017 Closed Sales: down 8.4% versus December 2016. Year-to-date, closed sales were up 5.9%. December 2017 Pending Sales: up 17.3% versus December 2016 and up 6.3% year-to-date. December 2017 … (26 comments)
The Charlotte region's housing market entered the last month of 2018 with home prices up, closed sales up, pending sales up by double digits as compared with November 2016. Both average and median sale prices were up in November 2017. Inventory and the months supply of homes remain low and well below what they were one year ago, which puts upward pressure on home prices.
November 2017 Closed Sales: up 2.9% versus November 2016. Year-to-date, closed sales were up 6.7%. November 2017 Pending Sales: up 14.3% versus Novemberber 2016 and up 6.3% year-to-date. November 2017 Average List Price: increased 9.4% to just under $302,000 versus November … (16 comments)
The Charlotte region's housing market ended the ninth month of 2017 with home prices up, closed sales down, but pending sales considerably up as compared with September 2016. Both average and median sale prices were up in September 2017. Inventory and the months supply of homes remain low and well below what they were one year ago, which are a primary cause of the slowdown in sales.
September 2017 Closed Sales: down 3.9% September 2016. Year-to-date, closed sales were up 4.9%. September 2017 Pending Sales: up 16.4% versus September 2016 and up 6.8% year-to-date. September 2017 Average List Price: increased 6.3% … (12 comments)
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