RE/MAX National Housing Report: December 2016 ~ {Video + Infographic}

By
Real Estate Agent with RE/MAX Executive | Charlotte, NC

 

RE/MAX National Housing Report: 

November 2016 Housing Data

 

 

The RE/MAX National Housing Report for December 2016: "November home sales defy seasonal trends" is the story of the month, with home sales up 19.1% despite what is normally considered a slow season for home sales.  More homes were sold in November 2016 than any other November on record since RE/MAX began publishing its monthly National Housing Report eight years ago.

 

To quote Dave Liniger, Chairman and CEO of RE/MAX: “The continued decline of inventory and talk of rising interest rates may have contributed to November’s surge of home sales." Over the past 11 months, the majority of markets have seen home prices return to their pre-recession levels, reaffirming that 2016 has been the best year for the housing market since the recession.”

 

 

 

 

RE/MAX National Housing Report December 2016

 

For a more detailed review, click here for the latest RE/MAX National Housing Report.

 

 

 How Charlotte, North Carolina's region compared to national statistics in November 2016:

 

  • Median sale price of Charlotte region homes was up 7.7% compared with November 2015 and up 7.3% on a year-to-date basis. Charlotte area's median price sale is catching up with national averages at $210,000 and increased from $195,000 just one year ago.

  • Months supply of homes in the Charlotte region was 2.6 months, down 31.6% versus November 2015. This compares  with the national average of 4.0 months.

  • Inventory of homes in the Charlotte region was down 24.9% in November 2016 (compared with national figures down at 17.0%) as compared with one year ago.

  • Average days on market in the Charlotte region mirrored national averages with days on market until sale at 49 days (down 21.0%) and cumulative days on market at 60 days (down 16.7%) in November 2016.

 

With continuing demand for homes and rising home prices it may be the perfect time to sell your home. It may also be the perfect time to buy a home before prices and interest rates rise further.

 

  

This real estate monthly update is brought to you courtesy of Nina Hollander and Carolinas Realty Partners, RE/MAX Executive, your Charlotte metro area real estate consultants. 

 

SEARCH ALL CHARLOTTE, NC REGION HOMES FOR SALE

 

FIND OUT WHAT YOUR CHARLOTTE, NC REGION HOME IS WORTH

 

If you are considering selling or purchasing a home in the Charlotte metro area, I would love an opportunity to earn your business, exceed your expectations, and to prove to you that:

 "The Right Broker Makes All The Difference."

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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

Nina Hollander, Broker, Realtor / REMAX / Carolinas Realty Partners / Ph: 704.779.0813 / F: 704.341.3346 / E: Nina@NinaHollander.com / W: www.GreatHomesInCharlotte.com

Nina Hollander
Broker, Realtor, CRS, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with RE/MAX Executive Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: http://activerain.com/blogs/ninahollander
Search for Charlotte Area Homes: www.HomesInCharlotteArea.com

2007 - 2016 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Tags:
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Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Kristin Johnston - REALTOR® ~ good morning, Kristin. Thanks. Meantime enjoy your own Thursday and happy new year to you!

Dec 29, 2016 07:32 AM #5
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Jerry Newman ~ good morning, Jerry.... and happy new year to you and yours, as well. 2016 was an amazing year... let's see what 2017 brings. (So far December figures are down on pending sales, probably due to interest rate hikes.)

Dec 29, 2016 07:33 AM #6
Rainmaker
357,384
Maria Sapio
Berkshire Hathaway Homesale Realty - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Nina Hollander Great short video with powerful info and a terrific catchy tune too.. !!  Videos are a wave,  and I'll need to learn how to surf ... Well Done!

Dec 29, 2016 07:35 AM #7
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Maria Sapio ~ hi Maria... thank you. RE/MAX does a great job of providing us with great material like this to use in our social media.

Dec 29, 2016 07:56 AM #8
Rainmaker
1,675,421
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Good Morning Nina Hollander - 2016 was good! I hope 2017 will be even better! 

Wishing you a wonderful and very Happy New Year with surprising success that makes it fun for all!

Dec 29, 2016 09:30 AM #9
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Patricia Feager ~ hi Patricia... wishing you the best that life can offer in 2017, along with good health and happiness.

Dec 29, 2016 09:56 AM #10
Ambassador
2,606,603
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Nina - You always have the best infographics - great informations and I'm not surprised to see Denver highlighted for lack of inventory.

Dec 29, 2016 11:33 AM #11
Rainmaker
1,137,415
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Wonderful report, Nina Hollander ... and here's to carrying that positive momentum into the New Year 2017 ...

Happy New Year to you and yours!

Gene

Dec 29, 2016 11:46 AM #12
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi ~ hi Gene... my best you and yours, as well, for a terrific new year. December pending sales dropped somewhat due to interest rates... let's hope this doesn't permeate all of 2017!

Dec 29, 2016 01:41 PM #13
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Dick Greenberg ~ hi Dick... can't fault RE/MAX for making great videos and infographics available to its agents to use for their own social media. Charlotte is also very low on inventory, like Denver. Happy new year to you and Mary!

Dec 29, 2016 01:42 PM #14
Rainer
64,353
Cody Carmen
Adhi Schools, LLC - Rancho Cucamonga, CA
Market Analysis--Educational Content, Adhi Schools

Great information! I will be sure to revisit this soon to assist my housing market research. Thank you Nina. 

Dec 29, 2016 04:11 PM #15
Rainmaker
4,507,572
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is a good report to share with families on the move.

Enjoy the holidays and be well prepared for the challenges of the new year.

Dec 29, 2016 05:03 PM #16
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina great job with the report and adding a video is a nice touch.

Dec 29, 2016 06:34 PM #17
Rainmaker
2,380,625
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Good morning Nina.  I look forward to these, thanks for keeping us updated.  BTW, I hope you have a banner 2017

Dec 30, 2016 02:23 AM #18
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, James... thank you. And I'm hoping you have a stellar 2017, yourself! Looking forward to seeing you in the Rain next year.

Dec 30, 2016 04:06 AM #19
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

George Souto ~ good morning, George.... just trying to cover all the bases, as different people like their information in different ways.

Dec 30, 2016 04:07 AM #20
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley ~ good morning, Roy, and thank you. Hope you are ready for the new year, yourself. I'm still trying to figure out how I got to the end of 2016 already!

Dec 30, 2016 04:08 AM #21
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Cody Carmen ~ thanks, Cody. RE/MAX does an awesome job of researching monthly housing data and translating it to something the public can easily understand.

Dec 30, 2016 04:08 AM #22
Ambassador
1,324,560
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Good information and I spent 16 great years with RE/MAX® and always enjoyed the information that put together.

Dec 30, 2016 05:14 AM #23
Rainmaker
2,309,790
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joe Pryor ~ good morning, Joe... RE/MAX does provide its agents with great data and information and I love figuring out ways to use it in my social media.

Dec 30, 2016 05:30 AM #24
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