Do You Need To Sell Your Greater Charlotte Home?
Home Inventory Is Still At Historic Lows...
... It's Still A Good Time To Sell Your Home!
Just how low is Greater Charlotte's housing inventory? We are talking historic lows. As of April 2022, the Charlotte Region had just 3,168 active property listings, compared with 4,251 one year ago. The months supply of homes stood at just 0.7 months in April 2022.
What Does This Inventory Shortage Mean For Charlotte Region Home Sellers? High Visibility For Your Home... Plus...
- You'll get more money for your home if you sell now while inventory remains low and demand remains high. Average and median home sale prices in the Charlotte region were also at historic highs as of April 2022. Year-to-date in 2022, average home sale prices in the Charlotte region are 16.8% higher at $421,353, while median home sale prices are 21.1% higher at $365,000.
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You'll sell your home at a higher list to sale price. As of April 2022, the list to sale price was 102.8%. This means that 50% of the homes sold in April sold above asking price. The list to sale price ratio was also 1.8% higher in April 2022 than in April 2021. Year-to-date 2022 list to sale price ratio is 101.5%.
- You'll sell your home more quickly. Average days on market are at historic lows in the Charlotte Region. As of April average days on market were 16 days, down from 22 days one year ago. Median days on market were just five days. That means 50% of the homes sold in five days or less.
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THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE
Need Help With Home Renovations/Updates Before Listing Your Home For Sale?
ASK US ABOUT COLDWELL BANKER'S REALVITALIZE PROGRAM
RealVitalizeSM is an exclusive Coldwell Banker program that helps with improvements and repairs to prepare your home for sale. We cover upfront costs and get paid back when your home sells. No hidden fees, interest charges or markups.
This Charlotte region housing market update is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Realty, Greater Charlotte residential real estate experts serving Charlotte region home buyers and sellers for 20+ years.
If you're considering selling or purchasing a home in the Greater Charlotte region, I'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:
"The Right Broker Makes All The Difference."
If you're curious about the Charlotte Region's real estate market, I have the answers to your questions. A consultation is FREE and there's NO OBLIGATION. Call/text me, Nina Hollander at Coldwell Banker Realty at 704-779-0813 or contact me here.
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