charlotte housing market: What Happened In The Charlotte Region Housing Market In May 2019 - 06/11/19 03:11 PM
 
Charlotte, North Carolina Region Housing Market Report:
May 2019
 
Charlotte region remained a seller's market in May 2019 with inventory remaining extremely tight and lower than one year ago, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were up slightly, but pending sales were up 17.3% year-over-year. The housing affordability index continued to decrease, as well. Months supply of homes remained very low at 2.3 months and even lower for homes priced under $200,000. Year-to-date trends are all also showing increased prices, higher sales, and tight inventory.
 
MORE INFORMATION ABOUT THE CHARLOTTE REGION'S HOUSING MARKET PERFORMANCE IN MAY … (18 comments)

charlotte housing market: What Happened In The Charlotte Region Housing Market In April 2019 - 05/10/19 08:18 AM
 
Charlotte, North Carolina Housing Market Report:
April 2019
 
Charlotte region remained a seller’s market in April 2019 with inventory remaining extremely tight and lower than one year ago, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were up slightly, but pending sales were up 11.1% year-over-year. The housing affordability index continued to decrease, as well. Months supply of homes remained very low at 2.2 months and even lower for homes priced under $200,000.
 
MORE INFORMATION ABOUT THE CHARLOTTE REGION'S HOUSING MARKET PERFORMANCE IN APRIL 2019, CLICK HERE
 
 
 
  
 
FIND OUT WHAT THIS MEANS FOR CHARLOTTE REGION HOME BUYERS & SELLERS
 
 
  LOOKING … (18 comments)

charlotte housing market: What The 2019 Housing Market Might Bring Us {Infographic} - 01/08/19 05:10 AM
 
2019 Housing Market Forecasts & Predictions
 
Each year as a new year rolls around, everyone starts asking what will the housing market be like in the coming year. My crystal ball is no better than anyone else's, but I do like to watch the predictions from various sources just to get a sense of what may be in store for real estate in the coming year.
 
Overall, I can't argue with any of  the 5 primary predictions for the 2019 housing market that:
Inventory of homes will increase, even if not by a lot.
Interest rates will increase, also if not by a … (26 comments)

charlotte housing market: Charlotte Housing Market Versus The National Housing Market ~ May 2015 - 06/23/15 02:41 AM
The Charlotte housing market compared well with the national housing market in May 2015. May 2015 marked the 39th consecutive month of year-over-year home price gains with the median existing home prices rising 7.9% over the May 2014 figures, according to the latest NAR (National Association of Realtors) Existing Home Sales Report. Charlotte's year-over-year median price gain was 8.1% in May, slight higher than the national median, but right in line with the increase of 8.2% in the South. Below is a chart showing the breakdown of price increases by region. 
 
Housing inventory remains tight. Nationally it stands at 5.1 months … (26 comments)

charlotte housing market: March 2015 Charlotte Housing Market Update - Ballantyne Area - 04/08/15 08:20 PM
March 2015 showed a continued solid performance for home sales in the Ballantyne area of Charlotte (28277 zip code). The average sale price of Ballantyne area homes increased by 3.4% to just under $318,000 as compared with  the  same period one year ago. 
 
Meanwhile, median days on market for property listings dropped to 27 days from 46 days just one year ago--a 41.3% improvement over the same period last year. Average price per square foot also increased by 3.5% to $118/square foot in March 2015 versus the same period in 2014. Pending sales were up 5.5% in March versus the same … (16 comments)

charlotte housing market: Charlotte Region Housing Market Update: February 2015 - 03/09/15 02:42 AM
Charlotte Region Housing Market Update:
February 2015
 
What's not to like about the positive performance of the Charlotte region's housing market in February 2015? Charlotte region's housing market turned in a strong performance in the second month of the new year, with none of the key metrics disappointing:
 
February 2015 Closed Sales: up 20.8% versus February 2014 and +14.3% on a year-to-date basis comparing February 2015 to February 2014.

February 2015 Pending Sales: up 33.9% versus February 2014 and +29% on a year-to-date basis comparing February 2015 to February 2014.

February 2015 Average List Prices:  increased 5.2% to just over … (6 comments)

charlotte housing market: February 2015 Charlotte Housing Market Update - Ballantyne Area - 03/07/15 10:11 PM
February 2015 showed a continued solid performance for home sales in the Ballantyne area of Charlotte (28277 zip code). The average sale price of Ballantyne area homes increased by 2.2% to just under $315,000 as compared with  the  same period one year ago.  Meanwhile median days on market for property listings dropped to 30 days, a 31.8% improvement over the same period last year. Average price per square foot also increased by 3.4% to $120/square foot in February 2015 versus the same period in 2014.
 
The median percent of original list price that sellers received for their homes was essentially flat compared … (6 comments)

charlotte housing market: Charlotte Region Housing Market Update: January 2015 - 02/09/15 05:39 AM
Charlotte Region Housing Market Update:
January 2015
 
What's not to like about the positive performance of the Charlotte region's housing market in January 2015? Charlotte region's housing market turned in a strong performance in the first month of the new year with none of the key metrics disappointing:
 
January 2015 Closed Sales: up 8.8% versus January 2014.

January 2015 Pending Sales: up 31.8% versus January 2014.

January 2015 Average List Prices:  increased 4.7% to just under $271,000 versus January 2014.

January 2015 Average Sale Prices: up 3% to just over $223,000 compared with January 2014.

January 2015 Percent of … (4 comments)

charlotte housing market: January 2015 Charlotte Housing Market Update - Ballantyne Area - 02/07/15 11:48 PM
January 2015 showed a continued solid performance for home sales in the Ballantyne area of Charlotte (28277 zip code). The average sale price of Ballantyne area homes increased by .6% to just under $313,000 as compared with  the  same period one year ago.  Meanwhile median days on market for property listings dropped to 31 days, a 31.1% improvement over the same period last year. Price per square foot also increased by 4.2% January 2015 versus the same period in 2014.
 
The median percent of original list price that sellers received for their homes was flat compared with last year, but at a … (8 comments)

charlotte housing market: What's The Best Way To Build Your Wealth In Charlotte, NC? - 12/15/14 06:16 AM
It's official! The best way to build wealth in Charlotte, NC (or most anywhere, for that matter) is through home ownership! Did you know that the average home owner has a net worth that is 36 TIMES GREATER  than that of someone who rents?
 
Rents have increased dramatically since 1988 (see chart) and will continue to do so in the foreseeable future. These days, buying a home can be 38% cheaper in many areas of the United States than paying rent.
 
The average home owner spends 13.1% of his/her income on a mortgage. A first-time buyer spends a bit more at an average … (13 comments)

charlotte housing market: Foreclosure Home Sales Down To Lowest Levels In Years - 07/10/14 07:46 AM
 
Foreclosure Home Sales Down To Lowest Levels In Years
 
Foreclosure homes sales were down nationally to some of their lowest levels in years as of May 2014, representing just 11% of total home sales. Yesterday I wrote about why there seem to be no "great foreclosure deals" out there anymore in the Charlotte region market, where foreclosure sales are just 5.4% of total Charlotte area home sales, and half again of distressed sales nation-wide.
 
So it would appear that those "great foreclosure deals" are also disappearing in many parts of the country and that buyers outside of the Charlotte region are probably becoming somewhat frustrated (just as … (2 comments)

charlotte housing market: Charlotte Housing Market: Annual Report For 2012 - 02/14/13 08:26 PM
Charlotte Housing Market: 2012 Anuual Report
The results are in for Charlotte's housing market performance in 2012. And these results are certainly something to feel positive about and hopefully augur well for the current year.
Some quick highlights of Charlotte's housing market performance:
Housing inventory: buyer have about 27.7% fewer choices than just one year ago. At the end of the year Carolina MLS had 13,415 houses listed for sale--the lowest level in five years. Compare this to 25,584 houses listed for sale in 2008! Overall, our housing inventory has us in a seller's market in many parts of the Charlotte … (3 comments)

charlotte housing market: Are You Sure There Aren't Any More Houses To Look At In Charlotte? - 01/17/13 07:11 AM
ARE YOU SURE THERE AREN'T ANY MORE HOUSES TO LOOK AT IN CHARLOTTE? 
Are you really sure there aren't more houses for us to look at? Have you sent us everything that's on the market? This seems to be the daily buyer refrain I hear in the Charlotte market these days. Our market has turned around quickly and deeply since the summer and buyers are having a hard time getting their minds wrapped around the fact that Charlotte inventory is tight, homes are selling fast, and that there may be little negotiating leverage on price. For relocating buyers who are coming from areas … (0 comments)

 
Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) Rainmaker large

Nina Hollander

Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Charlotte, NC

More about me…

Coldwell Banker Residential Brokerage

Address: 3426 Toringdon Way , Suite 100, Charlotte, NC, 28277

Office: (704) 779-0813

Mobile: (704) 779-0813

Email Me

Charlotte neighborhood values
Note: If you don't see your subdivision or complex, or the data looks incomplete, it's because there weren't enough properties sold in a given year.


Listings

Links

Archives

RSS 2.0 Feed for this blog