charlotte market update: JANUARY 2022 MARKET OVERVIEW - CHARLOTTE METRO REGION - 02/17/22 07:46 PM
JANUARY 2022 MARKET OVERVIEW -
CHARLOTTE METRO REGION 
CHARLOTTE, N.C.— Home sales activity across the Charlotte region started the new year off, nearly on par with sales at the start of last year, as 3,521 homes sold across the 16-county region, a slight decrease of 0.7% year-over-year.  Sales compared to the month of December were down 25.1%, signaling a shift in buyer activity as a result of rising rates. *NOTE - these completed transactions include single-family and condo/townhomes.
Pending sales, which are typically a forward-looking indicator and predictor of future sales, showed buyer demand declined 5.3% year-over-year as 4,364 homes went under contract … (8 comments)

charlotte market update: DECEMBER Charlotte Market Update - November Final Data - 12/28/21 06:48 PM
DECEMBER Charlotte Market Update - November Final Data 
It’s late in the month but, here is the last data we have for the Charlotte Metro market, showing November’s EOM numbers.
 
Sales in the Charlotte region ticked up last month, rising 2.1% year-over-year. 
 
At this time of year, it’s not unusual for buyer and sellers with families to generally settle into the usual routines of the holidays and become less focused on the housing market. However, the demand for homes around the region is steady as we wrap up Q4. Charlotte continues to receive high marks for quality of life, job growth and cost of … (6 comments)

charlotte market update: 2020 Final Home Sales Data Signals Strong Expectations for 2021 - 01/21/21 03:25 PM
2020 Final Home Sales Data Signals Strong Expectations for 2021
 
What is the outlook for 2021 in the real estate market? I think taking a look at the year of obstacles, 2020, is a great place to start making projections. 
 
Last year, the year of the pandemic, sales out-performed 2019 by 5.5%. I know that’s difficult to believe but, really, everyone needs housing and now that we have been ‘exposed’ to the effects of a pandemic, we now know how valuable housing really is. Spending more time at home than ever before, needing more space for home-schooling and for office space for ourselves, … (4 comments)

charlotte market update: Charlotte Real Estate Market Overview MAR 2020 - 04/07/20 10:06 PM
Charlotte Real Estate Market Overview MAR 2020
 
First quarter housing data reflected a strong start to 2020. The Charlotte region was most definitely poised for a strong spring selling season. 
 
Sadly, we will not really know the impact of COVID-19 on our housing market until we can review April’s data. We are ever so hopeful that this crisis will not linger into the summer months, as there is some pent-up buyers out there, awaiting the next ‘hot’ market.
 
 
 
While we work through the COVID-19 restrictions, buyers are still exploring the market, locating their dream homes and sellers are still selling. The market continues, albeit at a … (9 comments)

charlotte market update: Charlotte Market Update - MARCH 2020 - 03/15/20 06:58 PM
Charlotte Market Update - MARCH 2020
Charlotte home sales continued to sizzle lat month, rising by 2.2% year-over-year with 4,688 homes sold. Sales rose by 3.6%, compared to the previous month.
 
Sellers across the city continued to flex their muscle with the average sales price ($304,569) and median sales price ($262,640) seeing gains of 9% and 11.9% year-over-year, respectively.
 
Pending contract activity was up 24.8% with 4,888 contracts written during the month of February, signifying significant buyer demand. 
 
 
Inventory will continue to pressure costs for the foreseeable future, falling 31.3% across the 16-county zone, leaving the area for sale with 6,757 homes and a 1.5 month supply of inventory.
 
 
 
Want more specific details on your market? Let's talk! Call or text me at (704) 491-3310 or email SavvyBroker@me.com.
 
© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | … (2 comments)

 
Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR! (Savvy + Company (704) 491-3310)

Debe Maxwell, CRS

The RIGHT CHARLOTTE REALTOR!

Charlotte, NC

More about me…

Savvy + Company (704) 491-3310

Address: 2108 South BLVD, Suite 116, DILWORTH/SOUTH END/WILMORE, Charlotte, NC, 28203

Office: (704) 491-3310

Mobile: (704) 491-3310

Call (704) 491-3310 or email SavvyBroker@me.com

Author Bio: Debe Maxwell is a Certified Residential Specialist (CRS) in the Charlotte Metro region with a focus on the Charlotte luxury home market. My team of agents each have their own specialty areas, a benefit to anyone buying a home in Charlotte NC.

If you're thinking of listing your home, I would love to meet with you and share our marketing success package with you. My homes sell faster and for more money and after all, isn't that what every seller wants?! We'd love to help you buy or sell in the Charlotte Metro region.

   

    

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