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Charlotte, NC Luxury Home Sales: March 2017 Video Update

By
Real Estate Agent with Coldwell Banker Realty 179530


March 2017 video market update on Luxury Home Sales in Charlotte, North Carolina
 

from RE/MAX Executive based on February 2017 luxury home sales.

 

Charlotte region's luxury home market during February 2017 compared with the same period one year ago as follows:

  • The number of sales of luxury homes decreased 2% year-over-year.
     
  • Days on market were up 19% on a year-over-year basis to 118 days.
     
  • Median list price for luxury homes was $999.900 million with a median sale price of $965,000.
     
  • The number of active listings was up 6% versus one year ago.
     
  • 20 homes priced between $1 and $2 million sold during the month of February 2017 and no homes priced over $2 million sold in February 2017 in the Charlotte region. This compares with the number homes sold in February 2016, when 17 homes priced between $1 and $2 million sold and 2 homes priced over $2 million sold. The most expensive home sold during February 2017 sold at $1,640,000 in the Myers Park area of south Charlotte.

 

 

 

 

If you are in the luxury home market and would like a list of luxury homes available throughout the Charlotte, North Carolina metro area, contact

CAROLINAS REALTY PARTNERS

 

SEARCH CHARLOTTE REGION LUXURY HOMES

 

Carolinas Realty Partners would love to help you find your dream luxury home!

 

 

If you are considering selling or purchasing a luxury 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."

 

Looking for a new home? Let Nina Hollander, a RE/MAX agent guide you.

 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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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.

 

Kathy Streib
Cypress, TX
Home Stager/Redesign

Nina- The video was so easy to follow...I love it!  I'm sure that buyers and sellers can use this information. 

Mar 19, 2017 04:34 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib ~ hi Kathy... my company does a greatjob with these and makes them easy to use in social media, websites, etc. The amazing thing to me is that most of the agents pay no attention to the resources.

Mar 19, 2017 05:28 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Your luxury market is a lot higher than ours. I can see that prices continue to climb, Nina.

Mar 19, 2017 06:00 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of buying or selling a luxury home in your area should call you.

Mar 19, 2017 09:59 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Gita Bantwal ~ good morning, Gita... and thank you for the kind recommendation. Happy to work with anyone looking for a high-end home in the Charlotte area.

Mar 20, 2017 03:26 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Debbie Reynolds ~ hi Debbie... prices for our high-end homes continue to increase a bit, but so is inventory, so I think there will be a bit of slowdown in this segment.

Mar 20, 2017 03:27 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Seems the high-end market is a steady one in Charlotte Nina. Buyers need to contact you to be on top of the market, and be alerted when a home in their price range becomes available.

Mar 20, 2017 04:28 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Nina.  Thanks for keeping us updated with the Charlotte NC luxury real estate market.

Mar 20, 2017 04:51 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Nina - this information was concise and easy to follow.  People can drawn good conclusions.

Mar 20, 2017 05:35 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Grant Schneider ~ hi Grant... nothing more deadly than a presentation (written or oral) involving numbers and statistics that are not easy to understand and digest.

Mar 20, 2017 06:02 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Gabe Sanders ~ good morning, Gabe... and you're more than welcome! I see you are staying true to your post about reading market reports!  Have a super day!

Mar 20, 2017 06:03 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 ~ hi Sheila and Larry... the good news is that we are getting more inventory now in the luxury end of our market... wish we could get that much more inventory in the under $300K price point!

Mar 20, 2017 06:04 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, great market update for the luxury home sector in Charlotte, and hope you have some of these sales.

Mar 20, 2017 06:22 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox ~ thanks, Joan. Sales in this sector really slowed down in February after increasing for many months. Haven't figured out whey... maybe it'll be more clear after March numbers come in.

Mar 20, 2017 09:40 AM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will appreciate your local real estate market reports.

Mar 20, 2017 10:01 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Thanks for the report Nina Hollander . I like the video, a nice benefit to being a member of the ReMax network.

Mar 20, 2017 11:27 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bob "RealMan" Timm ~ hi Bob... this is produced by my brokerage, not by RE/MAX, itself... but it is nice being in a company that provides so much rich material that we can use in our social media.

Mar 20, 2017 11:31 AM
Bob "RealMan" Timm

WOW, that is really cool Nina Hollander . Your Broker is really on top of things.

Mar 20, 2017 07:47 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley ~ thanks, Roy. Right now, mostly I see people getting a bit of sticker shock when they come down here... for some reason they still think Tara Plantation is available for $300K in the south!

Mar 20, 2017 11:32 AM