One Minute Housing Market Video Update: National & Charlotte Region-April 2018

By
Real Estate Agent with RE/MAX Executive | Charlotte, NC

 

 

One-minute national housing market video update from RE/MAX for April 2018 for 53 metro areas around the country:

 

  • Home sales up 2.3% year-over-year
  • Median price of homes sold up 7.5% year-over-year to $243,000
  • Average days on market were down by 5 days to 52 days as compared with one year ago
  • Number of homes for sale down 11.3%  






No doubt that home buyer demand remains strong and that in most areas of the nation it's a seller's market, pure and simple. There just are not enough sellers listing their homes, despite rising prices. But keep in mind that real estate is very local, if not hyper-local... so be sure to have a discussion about your specific market conditions with your real estate professional.

 

 

How did the Charlotte region housing market perform in  April 2018 compared with national averages?

 

  • Home sales up 1.6% year-over-year (think "thinventory")
  • Median price of homes sold up 7.4% year-over-year to $240,000
  • Average days on market were down by 5 days to 44 days as compared with one year ago
  • Number of homes for sale down 25.0% 

 

  

 

So, is now the right time to sell your Charlotte metro area home? That depends on your motivation. If you'd like to have a quick conversation about that, please contact Carolinas Realty Partners with RE/MAX Executive. We'd be delighted to explore the pros and cons of listing your home now versus waiting.

 

SEARCH ALL CHARLOTTE METRO AREA HOMES FOR SALE

 

Search for your Charlotte area dream home

 

 

FIND OUT WHAT YOUR CHARLOTTE METRO AREA HOME IS WORTH

 

Find out what your Charlotte metro area home is worth 

 

 

free instant home value report from greathomesincharlotte.com

 

These one minute housing market update videos are brought to you by Nina Hollander and Carolinas Realty Partners with RE/MAX Executive, your Charlotte metro area residential real estate experts.

 

If you are considering purchasing or selling 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."

 

 

Clock Image courtesy of fotographic1980 at FreeDigitalPhotos.net 

 

  

Posted by

 

SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

Nina Hollander, Broker, Realtor / REMAX / Carolinas Realty Partners / Ph: 704.779.0813 / F: 704.341.3346 / E: Nina@NinaHollander.com / W: www.GreatHomesInCharlotte.com

Nina Hollander
Broker, Realtor, CRS, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with RE/MAX Executive Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: http://activerain.com/blogs/ninahollander
Search for Charlotte Area Homes: www.HomesInCharlotteArea.com

2007 - 2016 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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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.

 

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Topic:
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Location:
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Groups:
Charlotte NC Real Estate
Market Reports
Buyer Information - What Buyers Need to Know in Today's Market
2017 Market Trend Reports
Tags:
charlotte housing market update
one minute housing market video update
remax one minute housing market video update
charlotte housing market video update
april 2018 housing market update

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Rainmaker
2,646,792
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Nina. Excellent overview that is easily understandable. Enjoy your day!

May 24, 2018 05:21 AM #1
Rainmaker
3,411,422
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Nina Hollander ,

Another concise and easy to understand overview of the real estate market. Wonderful presentation!!

May 24, 2018 05:43 AM #2
Rainmaker
3,522,533
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, Charlotte's market still shows it is on FIRE, and still home values increasing 7%+.

May 24, 2018 05:52 AM #3
Rainmaker
2,389,448
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne Martin ~ thanks, Wayne... I've found that these quick one-minute video posts get a lot of view... not sure what it says about our attention spans! 

May 24, 2018 06:09 AM #4
Rainmaker
2,389,448
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Dorie Dillard ~ thanks, Dorie... I find people have a low tolerance to complicated market reviews... this makes it quick and easy for them.

May 24, 2018 06:10 AM #5
Rainmaker
2,389,448
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox ~ good morning, Joan... so long as we suffer from thinventory, there'll be pressure both on sales and prices!

May 24, 2018 06:10 AM #6
Rainmaker
1,966,855
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

Nicely done. I'm sure this is very helpful to your buyers and sellers.

May 24, 2018 06:22 AM #7
Rainmaker
2,389,448
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sharon Tara  hi Sharon... thank you. Hopefully it's also helpful to all those people who are still sitting on the fence!

May 24, 2018 06:40 AM #8
Rainmaker
4,602,320
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your real estate market reports.

Have a great day and an outstanding weekend.

May 25, 2018 04:00 AM #9
Rainmaker
2,389,448
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley thank you, Roy. Wishing you and Dolores a lovely Memorial Day Weekend!

May 25, 2018 04:07 AM #10
Rainmaker
791,673
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

So, is now the right time to sell your Charlotte metro area home? That depends on your motivation. Nina that is so true. Like our area we are in a sellers market. Home owners can't go wrong if they want to sell their house as long as it is priced right according to their local real estate market.

May 25, 2018 10:34 AM #11
Rainmaker
2,389,448
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lanre-"THE REAL ESTATE FARMER" Folayan ~ hi Lanre... priced right, staged right, and marketed right... all important to sell a home even in a hot market!

May 25, 2018 11:11 AM #12
Rainmaker
64,594
Khash Saghafi
Liberty Home Mortgage Corporation - Cleveland, OH
Mortgage Loan Officer, Cleveland Ohio

Thank you for the video Nina!! I love seeing data (since I'm a data person)!!! Have a safe holiday weekend!!

May 26, 2018 09:49 AM #13
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Rainmaker
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Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor
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