Charlotte Metro Area's 2015 Housing Market At A Glance

By
Real Estate Agent with Coldwell Banker Realty

 

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:

 

  • Median Sale Price ~ up 6.3% in 2015 to $192,500

  •  Average Sale Price ~ up 4.5% in 2015 to $242,168

  • Days On Market (List to Close) ~ down 7.2% in 2015 to 116 days

  • Closed Sales ~ up 11.7% in 2015 to 40,463 units

  • Pending Sales ~ up 15.1% in 2015 to 41,875 units

  • Percent Of Original List Price Received ~ up 1.0% to 95.0% in 2015

  • 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)

 

Charlotte's 2015 Housing Market Quick Facts

Charlotte Housing Market 2015 Quick Facts

 

Charlotte Housing Market 2015 Quick Facts

 

Charlotte Housing Market 2015 Quick Facts

 

 

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:

 "The Right Broker Makes All The Difference."

Posted by

 

 

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Comments (10)

Peter Mohylsky. Broker Associate
PrimeSouth Properties - Santa Rosa Beach, FL
THE BEACH IS OPEN AND WAITING FOR YOU

I really like the five year look back.  This is the first time I have seen this info graphic and I like it.

Jan 10, 2016 09:37 PM
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Good morning Nina,

Looks like a decent 2015 and hope your percentages are on the rise as well.

The phones calls also are down.

Mkae yourself a great day.

Jan 10, 2016 09:42 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Peter Mohylsky ~ I like seeing statistics in relation to the past, myself. Welcome to Active Rain, by the way, and thanks much for the follow. I always appreciate it when someone thinks I might have something worthwhile to say.

Jan 10, 2016 09:43 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Raymond E. Camp ~ good morning, Ray. Charlotte metro did well in 2015. But the lack of inventory is hurting, both in terms of being able to list property and finding homes for buyers.

Jan 10, 2016 09:43 PM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Very informative look at the market in Charlotte.  I love all of your graphs and charts.

Jan 10, 2016 11:54 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Belinda Spillman ~ thanks, Belinda. I like seeing how things progress over time as opposed to just one year at a time.

Jan 11, 2016 01:25 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Nina

The Metro Charlotte North Carolina enjoyed and very active real estate market in 2015.

Good luck and success.

Lou Ludwig

Jan 11, 2016 11:45 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lou Ludwig ~ Good morning, Lou. Charlotte did have a good year in 2015 for housing and predictions are that it will be repeated in 2016.

Jan 11, 2016 08:07 PM
Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great Information. A valuable market report for buyers and sellers in your community!

Jan 18, 2016 02:21 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bob Baesmann ~ thanks Bob. And thanks for taking the time to stop by and comment.

Jan 18, 2016 04:03 AM

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