How did the Charlotte metro area's housing market perform in 2015? Here's our market "at a glance." All the critical indicators of a robust housing market show improvement year-by-year since 2011, with the exception of the inventory of homes available for sale, which has dropped now for two years. In my mind, this is the most critical aspect of our market right now -- availability of homes for buyers to purchase. And it's the supply of homes, or rather lack thereof, that is helping drive Charlotte are home prices up and the housing affordability index down as demand continues to increase.
Charlotte Metro Area's 2015 Housing Market At A Glance:
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Median Sale Price ~ up 6.3% in 2015 to $192,500
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Average Sale Price ~ up 4.5% in 2015 to $242,168
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Days On Market (List to Close) ~ down 7.2% in 2015 to 116 days
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Closed Sales ~ up 11.7% in 2015 to 40,463 units
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Pending Sales ~ up 15.1% in 2015 to 41,875 units
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Percent Of Original List Price Received ~ up 1.0% to 95.0% in 2015
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New Listings ~ up 1.1% in 2015 to 53,412 units (the number of listed properties has essentially been flat since 2013)
- Inventory Of Homes For Sale ~ down 24.2% to 10,445 units (the lowest amount of inventory since 2011)
LOOKING FOR YOUR DREAM HOME IN THE CHARLOTTE AREA? CAROLINAS REALTY PARTNERS CAN HELP!
WONDERING WHAT YOUR CHARLOTTE AREA HOME IS WORTH IN TODAY'S MARKET?
SEARCH ALL CHARLOTTE AREA HOMES FOR SALE HERE
FIND MORE INFORMATION ABOUT THE CHARLOTTE METRO AREA'S HOUSING MARKET IN 2015 HERE
This Charlotte, NC region housing market update for 2015 is brought to you courtesy of Nina Hollander and Carolinas Realty Partners, Coldwell Banker, your Charlotte metro area real estate consultants.
If you are considering selling or purchasing a home in the Charlotte metro area, I'd love an opportunity to earn your business, exceed your expectations, and to prove to you that:
