Inventory Down | New Listings Down | Sales Down | Prices Up
July 2023 home sales declined in the 16-County Charlotte Region year-over-year, as did pending sales. Sales are happening, but not at the volumes experienced in 2021 and the first half of 2022. Buyer demand weakened in July, falling 6.8% compared with one year ago. Home buyers remained frustrated by fluctuating rates, lack of new inventory, rising home prices, and economic uncertainty.
Seller activity also continued to fall, with listing activity down 30.2% year-over-year. This impacted inventory for … (18 comments)
We should all look this good at 117! Coldwell Banker is the oldest national real estate brand and franchise in the USA with a rich history. It remains one of the most recognizable brands in real estate to this day. For well over a century, the Coldwell Banker® brand has been guiding people to the homes of their dreams while reaching new heights of service and success.
HERE'S TO 117 YEARS! HERE'S TO ANOTHER 117 YEARS!
Coldwell Banker has been referred to as the "original real estate start up." It was founded by young entrepreneurs Colbert Coldwell in 1906 and later … (40 comments)
"Animals are such agreeable friends--they ask no questions; they pass no criticisms." -- George Eliot
My post this morning about National Dog Day elicited a comment about how many pet holidays seem to be observed through out the year. I write posts about these holidays because it provides me an opportunity to further my "pet" cause (no pun intended) of pet adoption.
"People don’t get the big picture—animals matter, people matter, and animals in the lives of people matter." -- Noel Fitzpatrick
This morning's comment about many pet holidays got me to thinking about just how many pet … (30 comments)
"A dog will teach you unconditional love." Robert Wagner
Today is National Dog Day! Are you a dog parent to one or more dogs? If you are... it's your day to go out and celebrate with your dog(s) and to show them your appreciation for their unconditional love and loyalty. It's a wonderful day to do something really special with your dog(s). It's also a great day to do something meaningful for dogs, in general, if you're not a dog parent, but a lover of dogs.
“Everyone thinks they have the best dog. And … (22 comments)
Charlotteans in the know, know we are enjoying Charlotte's 8th Annual Burger Week this week through August 27th. And just in time, Readers Digest has put together its list of Best Burger In Every State. North Carolina's best burger can be found at Brooks Sandwich House in Charlotte. It's also ranked #6 out of 170 Quick Bites in Charlotte by Trip Advisor.
Brooks Sandwich House, located in the heart of Charlotte's NODA area, at 2710 North Brevard Street, celebrated its 50th Anniversary in June. It is open Mondays through Fridays from 10:00 am till … (30 comments)
"Life is uncertain. Eat dessert first." - Ernestine Ulmer
Dessert Wars are coming to the Queen City this Saturday, August 26th. This sweet event is taking place at Charlotte's Park Expo located at 2500 East Independence Boulevard.
"Dessert is like a cloud that melts in your mouth." - Jodi Picoult
Do you love desserts? Is your dining philosophy "that there is always room for dessert?" Then you should be heading over to Charlotte's Dessert Wars this Saturday. You'll be able to sample sweets from 50+ competitors who will be vying for the People's Choice Championship in Charlotte and … (32 comments)
Happiness Happens Month is dedicated to celebrating whatever makes you happy! Happiness Happens Month encourages people to take stock of their lives and try to do and think about things that make them happy and share their happiness with others.
"Remember this, that very little is needed to make a happy life." — Marcus Aurelius
Have you ever thought about what makes you happy? Or whether you're a happy person in general? If you haven't, here's a 7-Days Happiness Challenge. What's … (46 comments)
The Queen City's popular Charlotte Burger Week is in its eighth year. What's more quintessentially American in the summer months than a cold Coke or beer, fries, and a great burger? Who doesn't love a good burger? Even all the great chefs agree that there's nothing better than a burger. (Check out the quotes below from Anthony Bourdain, Julia Child, Paula Dean, Thomas Keller, Gordon Ramsay, etc.)
"A hamburger is perfection wrapped up in a bun." -- Anthony Bourdain
Through August 27, you can try all sorts of unique, specialty burgers (which will be available for just this week) for … (28 comments)
great homes in charlotte: Back To School Time In Charlotte: Drive Carefully, Keep Our Kids Safe
- 08/21/23 04:42 AM
Schools Are Back In Session In Charlotte, North Carolina On Monday, August 28thDrive Safely In School Zones. Don't Speed In School ZonesBIG Insurance Penalties In North Carolina For Ignoring School Zone Traffic Laws Schools in the Charlotte/Mecklenburg area are back in session on Monday, August 28th. (Some of our neighboring counties are back in session this week.)
Keeping children safe is a good reason, on its own, to drive safely and responsibly. But were you aware of the huge penalties in Charlotte and North Carolina if you don't obey traffic laws in schools zones, such as driving over the speed limit or … (30 comments)
Key take-aways about the Tega Cay housing market in July 2023: Average and median home sale prices increased year-over-year. Month-over-month median home sale price was flat, average sale price decreased. Inventory declined was flat compared with the previous month and down from July one year ago. New listings declined year-over-year (down 28.6%) and barely increased from June by just two additional properties listed for sale. Days on market were at their lowest level in eight months at 21 days, declining … (20 comments)
I am so very honored to have been named a Five Star Real Estate Agent in Charlotte and am sending a heartfelt "Thank You" to all of my clients in the Charlotte region for your positive feedback. Your nominations and feedback helped me win Charlotte Magazine's "Best In Client Satisfaction" designation and award once again in 2023.
It's truly a privilege and honor to be named a 2023 Five Star Real Estate Agent in Charlotte for a 16th consecutive year, as fewer than 2% of Charlotte … (30 comments)
Key take-aways about the Fort Mill SC (29715 and 29708 zip codes) July 2023 housing market include: Sales declined 36.2% in July after increasing 42% in June. Year-over-year, sales declined just over 10%. New listings declined slightly compared with both June 2023 and July 2022. Housing inventory declined slightly over June and almost 23% compared with July one year ago. With 2.75 months of inventory, Fort Mill was still a home seller's market. Days on market were flat at 20 days … (23 comments)
Key take-aways about the Indian Land, South Carolina (29707 zip code) housing market in the Charlotte region in July 2023 include: Indian Land closed sales at their highest level in both June and July since December 2022. Home prices increased month-over-month; declined year-over-year. New listings decreased 11+% month-over-month and decreased 25% compared with July 2022. Inventory declined month-over-month and year-over-year to its lowest level since April 2022. Days on market were at their lowest level at 18 days since September 2022. … (20 comments)
Tickets are on sale now for the 2023 Dilworth Home Tour in Charlotte. If you love touring historic and architecturally interesting homes, if you love historic neighborhoods, you should definitely come out to the 2023 Dilworth Home Tour, Charlotte's oldest home tour in one of the City of Charlotte's oldest and most picturesque neighborhoods. 2023 marks the 49th year of this perennially popular home tour in the Queen City, which will showcase six homes and gardens.
The Dilworth Home Tour is sponsored by the non-profit Dilworth Community Association (DCA) and the Fallon Company with proceeds supporting Dilworth's Care … (18 comments)
"I've always loved the first day of school better than the last day of school. Firsts are best because they are beginnings." ... Jenny Han
It's back to school time in the Greater Charlotte area. Schools are back in session over the next couple of weeks. 2023/24 school year calendars for Charlotte Region schools are available on Great Homes In Charlotte's blog. Each county's school system has its own approved academic year calendar. And in some counties there are individual school districts for specific towns, as well.
"Education is the most powerful weapon which you can use to change … (18 comments)
I am honored to be ranked in Coldwell Banker Realty's Top 100 sales associates out of 1,600 in North and South Carolina for gross commission generated, ranking #12 in the CB Top 100 in June 2023 and ranking #23 in the CB Top 100 Year-To-Date 2023. My thanks to all my loyal clients who continue support my business year in and year out for 25 years with their business and referrals.
If you've been considering purchasing or selling a home in the Greater Charlotte area, … (26 comments)
Key take-aways about the Indian Trail area (28079 zip code) housing market in July 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices decreased year-over-year and month-over-month. New listings declined from almost 37.7% compared with July one year ago. New listings also declined from June 2023. Housing inventory declined year-over-year and was flat month-over-month. Months supply of inventory at 2.52 months kept Indian Trail in "seller territory" in July … (20 comments)
Key July 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included: Average home sale prices were flat month-over-month and up year-over-year. Median home sale prices declined month-over-month and increased year-over-year. List to sale price ratio still over 100%. Average days on market declined 35+% from June to 33 days on market, Closed sales declined month-over-month and year-over-year. Housing inventory flat month-over-month, but down year-over-year. With just 2.85 months supply of inventory, Matthews was a seller's market … (12 comments)
Clear The Shelters™ Month in Charlotte runs through the month of August. You can help to clear Charlotte's pet shelters and save a life this month and, for that matter, any month.
August 2023 is Clear The Shelters™ Month sponsored by NBC Universal Local, in cities around the country. Clear the Shelters™ is a nationwide pet adoption initiative whose purpose is to find fur-ever homes for homeless pets. Since 2015, the Clear The Shelters™ adoption campaign has helped more than 860,000 pets find new lovinghttp://www.cleartheshelters.com/ homes.
Animal shelters typically become overcrowded in the summer months because of spring … (28 comments)
Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) included the following in July 2023: Closed home sales decreased in July after four consecutive months of increases. By the same token, closed sales in July were second highest in 2023. The list to sale price ratio still at over 100% at 100.06%. Median sale price increased 2.5% from June and 18.6% year-over-year. Average sale price declined 5.2% month-over-month … (22 comments)
CHARLOTTE REGION JULY 2023 REAL ESTATE REPORT
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