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Myers Park Charlotte Real Estate Market Report December 2019

By Debe Maxwell, CRS

Real Estate Agent with Savvy + Company (704) 491-3310 228209

December 15, 2019 11:43 AM

How's the real estate market doing in Myers Park?

Discover Myers Park One of our most popular & well-known communities in Charlotte is Myers Park. The community continues to stand the test of time when it comes to housing appreciation. 2019 has been good to Myers Park, brining them back to a 'normal state of desirability.'

Below is the current market snapshot of the Myers Park neighborhood. Year-to-date (2019 only), 206 single family homes have sold in the Myers Park neighborhood at a list price of $1,277,143 and sales price of $1,200,552, with a 94.0% list-to-sales price ratio. Homes sold in Myers Park average 65 days on the market thus far this year.

Currently there are 36 active single family listings (with 16 more, currently in Escrow) in Myers Park with an average of 113 cumulative days on the market at this writing.

*Yes, the list-to-sales price is extremely low. Here's why you always want to hire a professional who knows the Myers Park market, knows pricing in Myers Park and knows HOW to market your Myers Park home.

Average sales prices in Myers Park last month

The Myers Park Charlotte housing inventory has been reduced drastically, as though it wasn't low enough already! This is reflective of a sellers market. Lower interest rates continue to drive buyers to the Myers Park neighborhood and other areas of high appreciation in the Charlotte Metro region. Myers Park is currently at a 4.7 month supply of inventory (a slight dip from last month).

With the current inventory in Myers Park, you're going to want to be sure you have a Realtor® who is on top of the market and available to show you properties when one hits the market!

The average number of showings a seller in Myers Park is having before the property goes under Contract is below...yet another reason to have an agent who is on top of the market to represent you!

Search all Charlotte homes for sale in Myers Park

BUYERS

Visit www.TheMaxwellHouseGroup.com for more information and to search for homes in Myers Park. Your first step should be enlisting an experienced, local real estate broker. Selecting a great broker is not as easy as it may seem. There are real estate agents and brokers who will sell you anything but, you want to enlist a seasoned real estate professional for your real estate needs. We would love to share our knowledge of the Myers Park area market with you...and give you the grand tour of this gorgeous neighborhood!

Hiring the RIGHT Charlotte Realtor® is critical to your home buying success!

SELLERS

CLMS Guild Member If you're thinking of selling your Myers Park home, let's talk! As with everything in life, preparation is key and I will equip you with what you'll need to get you, as seamlessly as possible, through the home-selling process. Call or text (704) 491-3310