Are Home Prices Dropping in Charlotte, North Carolina?
By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
The Charlotte housing market has changed recently. Before, prices kept increasing constantly, but now, it is a more varied landscape. Some places are experiencing price increases, while others are witnessing price decreases. This is different from the previous trend because prices just kept increasing. We want to help you know why this change is happening. This knowledge can help you make decisions when buying or selling a home in Charlotte, NC. Will Housing Prices Fall in Charlotte, NC? The prices are changing in different parts of Charlotte. Some areas that used to cost a lot in 2021 and 2022 are now getting cheaper. But in other parts, the prices are going up. Around June 2023, house prices in Charlotte were expensive, about $425,000 on average. That’s a big jump of 5.1% from ho...
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