Latest news on how COVID-19 is affecting the Charlotte region real estate market and what it means for you... In the first half of March, COVID-19 concerns did not appear to significantly impact the Charlotte region's housing market. During the third week ended March 21st, we saw more of an impact on new listings and pending sales year-over-year compared with the prior two weeks, which increased at a lower rate.
In the fourth week of March, we see a drop in new listings, as well as in pending sales both year-over-year and week-over-week. As (16 comments)
Latest news on the Charlotte region real estate market and what it means for you... During the first two weeks of March, COVID-19 concerns did not appear to impact the Charlotte region's housing market. Continued spread of the virus could well impact the housing market going forward... as to how much... it remains to be seen. Stay tuned for future updates.
Weekly Market Activity Report For The Week Ending March 7: New Listings increased 9.6% year-over-year to 1,466 Pending Sales increased 17.7% year-over-year to 1,175 Inventory decreased 27.4% year-over-year to 7,105 Closings: 1,085 (16 comments)