Home Inventory Is VERY LOW... There's Still Plenty Of Time To Sell Your Greater Charlotte Home This Summer. If You've Been Thinking About Selling Your Home This Summer... Nina Hollander With Coldwell Banker Realty Can Help! Just how low is Charlotte region's housing inventory? Charlotte Region's inventory began increasing in May 2022. It peaked in October 2022 and has been on a downward trajectory since then. The same can be said for the months supply of inventory, which reached its lowest level in February 2022 at one month supply of inventory, then peaked at 2.5 months supply of inventory in November 2022. Since November, (32 comments)
The best time to list and sell your home is when others are not listing. This makes it a great time to sell your Charlotte area home. New listings are now at their lowest level since August 2013. With just two months of housing inventory in the Charlotte Region as of April 2023, our market continues to be seller's market. Tight housing inventory should make the rest of May, June and July opportune months for homeowners to list (18 comments)
Is It Time For You To Take Advantage Of Record Home Sale Prices?
Homes in the Charlotte Region continue to sell at record prices. In July 2021, both average and median home sale prices increased 16.1%. Year-to-date, average home sale prices have increased 18%, while median home sale prices increased 15.4%.
And then there are areas of the Charlotte region that are seeing skyrocketing home sale prices above that of the region, as a whole. In the Waxhaw area, home sale prices increased 38.1% in July 2021. In Ballantyne home sale prices increased 24.8%. (40 comments)
There's Still Time To Sell Your Charlotte Area Home In 2020!
Days On Market For Charlotte Region Homes Continue To Drop To New Lows In 2020
There's no doubt about it... with razor-thin inventory of homes to sell in the Charlotte region, homes are selling faster than ever. As of mid-November 2020, both the median and average days on market for listed single family and town homes dropped to new lows. If you're buying or selling a home these days it's GOING, GOING, GONE!
As of mid-November 2020, the median days on market for Charlotte region single family and town homes are just 5 days -- some 16 days fewer than (31 comments)
One thing everyone always asks me (and probably every Realtor® they encounter) is "how is the housing market?" and "where is the housing market heading?" Here's some information about what we expect from the 2020 housing market that you might find useful.
Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year. Experts predict that the number of homes sold next year will be equal (16 comments)
The 9 Listing Mistakes Home Sellers Must Avoid In Charlotte (And Most Everywhere Else!)
Speak with any experienced Realtor® and he or she will tell you right away that the #1 biggest listing mistake to make when you're selling your home is to overprice your home. And that's why this mistake shows up first on the infographic below. Whatever the market conditions, but especially in a strong housing market, when a home doesn't sell if it's been staged and marketed "right," it always comes back to the listing price. Price it right from the start.
In addition to the 9 listing mistakes in (38 comments)