luxury home housing market in charlotte region: Charlotte Region Luxury Home Sales: October 2023. What To Know Now.
- 11/20/23 02:31 PM
LUXURY HOMES REAL ESTATE MARKET IN CHARLOTTE REGION UPDATE FOR OCTOBER 2023... YEAR-OVER-YEAR LUXURY HOME SALE TRENDS New listings up 21.2% Inventory up 4.4% Months supply unchanged at 3.3 months Median home sale price flat Average sale price up 2.7% Closed sales down 11.7% Pending sales down 5.4% Median list to sale price ratio 98.1% Average days on market up 8 days Median days on market unchanged at 11 days
READ THE FULL REPORT ON LUXURY HOME SALES IN THE CHARLOTTE REGION
Want to know what this would mean for your family if you decide to buy … (10 comments)
In spite of predictions of a significant market correction in 2022, Charlotte Region's single family luxury homes real estate market continued to "hold its own" through November 2022. Nonetheless, we saw an increasing softening in the market in November, especially with respect to closed and pending sales and a significant increase in median days on market year-over-year as well as in the months supply of inventory.
Luxury Housing Market Snapshot For Single Family Homes: Charlotte Region November 2022: Homes Sold: 113 in November 2022, down … (14 comments)
Despite predictions of a major market correction, Charlotte Region's single family luxury homes real estate market remained strong. Days on market, both average and median, were down year-over-year. Charlotte's luxury market enjoyed a solid increase in new listings year-over-year and both closed and pending sales increased in June.
Average sales prices increased year-over-year and month-over-month. Average sale prices were close to historic highs. Median home say prices were down 1.1% year-over-year and about $2,000 month-over-month. As luxury home sellers continued to see a higher … (20 comments)
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 6.8%, while average sales prices increased 3.4% year-over-year. It appears that the drop … (26 comments)
Charlotte Region's single family luxury homes real estate market remained solid in spite of a 36.7% 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 3.4%, while average sales prices increased … (16 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 improved in July 2021 compared with July 2020. For homes priced above $750,000, the Charlotte region saw higher closed sales (+38.5%) and higher pending sales (+26.1%), even in the face of a 42.1% 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 HOMES REAL ESTATE MARKET IN CHARLOTTE REGION 
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