YEAR-OVER-YEAR TRENDS IN THE LUXURY SINGLE FAMILY HOME MARKET IN CHARLOTTE REGION The luxury homes market in Charlotte saw a 20.9% decrease in new listings year-over-year. Inventory decreased year-over-year by 8.4%. The months supply of inventory declined to 3.1 months year-over-year from 3.5 months one year ago. Median home sale price increased 2.3%, while the average home sale price increased 6%. Closed sales dropped 20.9% in July 2023 versus … (6 comments)
YEAR-OVER-YEAR TRENDS IN THE LUXURY HOME MARKET IN CHARLOTTE REGION The luxury homes market in Charlotte saw a 15.2% decrease in new listings year-over-year after increasing in May 2023. Inventory increased year-over-year by 3.4%. The months supply of inventory remained unchanged at 3.3 months year-over-year. Median home sale prices declined 1.7%, while average home sale prices increased 0.6%. Closed sales dropped 3% in June 2023 versus the same month one year ago. Median list to sale price ratio decreased 0.9% year-over-year, but was still 100%. Buyer foot traffic decreased 2.7% from … (22 comments)
Charlotte Region's single family luxury homes real estate market remained solid with continuing low levels of inventory that have not been seen in well over a decade. Days on market, both average and median, also were down significantly year-over-year, as was the months supply of inventory.
Luxury home sellers continued to see a higher sale price as a percent of listing price. Median home sale prices increased 2.8%, while average sales prices increased 10% year-over-year.
Throughout much of 2021 there was concern that luxury … (24 comments)
charlotte luxury homes: Coldwell Banker's 2022 Global Luxury Market Report Now Available
- 03/01/22 10:20 AM
The Report 2022: Global Luxury Market Insights From Coldwell Banker Coldwell Banker's 2022 Global Luxury Market Insights Report is now available. The Report 2022 curates the latest luxury real estate intelligence and forecasted market trends, as well as the challenges and opportunities that may influence international high-end property buying and selling in the future.
The 2022 Report Includes: Luxury in Review: A look back on the luxury real estate market trends that shaped 2021. In the USA, luxury home prices increased faster in 2021 than in any one year period in recorded history. Vision Survey: An exclusive survey of Luxury Property Specialists on … (12 comments)
Charlotte Region's single family luxury homes real estate market remained solid with year-over-year closed sales increasing 32.8% in November, despite a 36.6% year-over-year decline in inventory. This low level of inventory has not been seen in well over a decade. Days on market, both average and median, also were down significantly year-over-year, as was the months supply of inventory.
Luxury home sellers continued to see a higher sale price as a percent of listing price. Median home sale prices were down slightly at … (20 comments)
Charlotte Region's single family luxury homes real estate market remained solid despite a 33.3% year-over-year decline in inventory. This low level of inventory has not been seen in well over a decade. Days on market, both average and median, also were down significantly year-over-year, as was the months supply of inventory.
Luxury home sellers continued to see a higher sale price as a percent of listing price. Median home sale prices were flat, while average sales prices decreased somewhat year-over-year. It's hard to say … (18 comments)
Charlotte Region's single family luxury homes sales surged in April 2021 compared with April 2020. For homes priced above $750,000, the Charlotte region saw astonishingly higher pending and closed sales even in the face of a 49% decline in inventory. This low level of inventory has not been seen in well over a decade.
Days on market, both average and median, also were down significantly year-over-year, as was the months supply of inventory.
Luxury home sellers continued to see a higher sale price as a … (26 comments)
Charlotte Region's luxury homes real estate market strengthened in February 2021 compared with February 2020, despite the ongoing pandemic. For homes priced above $750,000, the Charlotte region saw both higher pending and closed sales even in the face of a 50.7% decline in inventory. Days on market, both average and median, also were down significantly year-over-year, as was the months supply of inventory. Luxury home sellers continued to see a higher sale price as a percent of listing price, as well.
Charlotte Region's luxury housing market continued to strengthen in October 2020 year-to-date versus the same time frame in 2019, despite the ongoing pandemic.
For homes priced above $750,000, the Charlotte region saw both higher pending and closed sales, in spite of a 21.3% decline in inventory and a minimal increase in new listings of 3.4%. Days on market, both average and median, also were down year-over-year, as was the months supply of inventory. Luxury home sellers continued to see a higher price as a percent of listing price, as well.
Luxury Housing Market Snapshot: Charlotte … (24 comments)
Charlotte Region's luxury housing market saw a solid strengthening July 2020 year-to-date versus the same time frame in 2019, despite the ongoing pandemic. For homes priced above $750,000, the Charlotte region saw both higher pending and closed sales, in spite of a decline of 20.8% in inventory and a drop in new listings. Days on market, both average and median, also were down year-over-year, as was the months supply of inventory.
Luxury Housing Market Snapshot: Charlotte Region July 2020 Year-To-Date
Homes Sold: 1,023 July 2020 year-to-date, up … (28 comments)
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