Palisades home sales in Q3-2023 saw a softening in average sale price in Quarter 3-2023, while median sale price increased. With a wide range in home prices in The Palisades, the decrease in home prices is to some extent a result of the price mix of homes that sold in the most recent quarter versus Quarter 2-2023. The Third Quarter's home prices much more closely tracked what we saw in Quarter 1-2023. While the list to sale price ratio declined 1%, it was, nonetheless, very … (24 comments)
Charlotte's Palisades neighborhood saw a 17% increase in the average home sale price in Quarter 1-2023, as well as an increase of 23% in the median home sale price compared with the previous three months. While the list to sale price ratio declined 2%, it was, nonetheless, very respectable at just under 99% (and almost 1% higher than in Quarter 4-2022). The days on market increased to 49 days, but was still lower than the 58 days we saw in the Fourth Quarter 2022. No doubt the higher … (34 comments)
Charlotte's Palisades neighborhood saw a 23% increase in average home sale prices in 2022 and a decrease in average days on market to 19 days. The list to sale price ratio was just over 100%. Median home prices continued to set new records throughout 2022 and into 2023. All in all, a strong year for The Palisades neighborhood.
Fourth Quarter 2022 was a strong quarter in terms of sale prices for The Palisades. Average home prices increased 34%; median home sale prices increased 30%. To the extent that The Palisades saw a shift in the … (16 comments)
35 homes sold in The Palisades during Quarter 3 - 2022, 28 fewer than in the same quarter one year ago and 16 fewer than in Quarter 2 - 2022. New listings decreased by 16 year-over-year to 42. Quarter-over-quarter, there were four fewer listings in the Third Quarter 2022. Both listing and sale prices were up year-over-year and quarter-over-quarter in The Palisades. The median list to sale price ratio was 100% in both Quarter 3 and Quarter 2 - 2022.
51 homes sold in The Palisades during Quarter 2 - 2022, six fewer than in the same quarter one year ago. New listings decreased by 23 year-over-year to 46. Both listing and sale prices were up significantly year-over-year in The Palisades.
Palisades Home Sales Snapshot: Quarter 2 - 2022
Average days on market increased to 31 days from 20 days compared with the same quarter one year ago. However, it should be noted that the average days on market were skewed by new construction homes during the second quarter, which were 33+% of … (26 comments)
Palisades + Regency At Palisades in Charlotte, NC
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