Charlotte NC Real Estate Sales Report - 08JUN18 - $500K+ Market

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Real Estate Agent with www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 228209

Charlotte NC Real Estate Sales Report - 08JUN18 - $500K+ Market

How's the Charlotte luxury home market doing?  Current data for June's luxury home sales (sales > $500,000 in Charlotte proper) is as follows:

  • Luxury Pending Sales Charlotte NC June 2018210 Charlotte luxury homes sold and Closed in May, 2018.
  • Average list price for May's sales was $886,465.
  • Average sales price, $864,955
  • 98% list-to-sales-price ratio.
  • Average heated square feet was 3,665 and sold at $239.17/square foot.
  • Average beds & baths, 4 & 4.
  • Most sales in a single community in the luxury price range were: 

 

There are currently 697 homes in Charlotte that are active with a price of >$500,000.

331 homes in Charlotte in the $500K+ price range are under Contract.

Pending Listings, Effective JUNE2018

 

As mentioned, 331 homes in the luxury range in Charlotte have gone under Contract (only in Charlotte).  Here is the breakdown by price:

$500,000 - $600,000 - 97

$600,000 - $700,000 - 72

$700,000 - $800,000 - 42

$800,000 - $900,000 -  29

$900,000 - $1M - 21

$1M+ - 70

 

 

If you're thinking of selling your Charlotte home, let’s talk! As with everything in life, preparation is key and I will equip you with what you'll need to get you, as seamlessly as possible, through the home-selling process. Our list-to-sales price ratio is higher than the competition and our days on the market, fewer!  Call or text (704) 491-3310 and let’s get started!
 

*References from any of our sellers are available upon request.  Read our reviews at www.CharlotteRealEstateAgentReviews.com

Hiring the RIGHT Charlotte Realtor® is critical to your home selling success!


 

SEARCH CHARLOTTE LUXURY HOMES FOR SALE

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Charlotte NC Real Estate Sales Report - 08JUN18 - $500K+ Market

Originally posted at https://www.icharlotterealestate.com/charlotte-nc-real-estate-sales-report-06jun18-500k-market/

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Rainmaker
345,647
John Wiley
Right Move Real Estate Group- EXP Realty - Fort Myers, FL
Lee County, FL Real Estate GRI, SRES,GREEN,PSA

Debe, these are some interesting figures. It looks like Charlotte luxury real estate is really cooking.

I was impressed with the 98% list to sale ration.

I am curious, how many of the luxury homes sold were cash deals?

Jun 08, 2018 12:06 PM #1
Rainmaker
2,759,678
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Yicks...we would never...I know never say never...even have that many to PUT under contract...and these days don't have many of any one category during our spin with Thionventory

Jun 08, 2018 01:40 PM #2
Rainmaker
3,998,661
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of buying a home in your area should call you.

Jun 08, 2018 02:35 PM #3
Ambassador
2,529,399
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Great question, John Wiley - I will have to look into that! I do know of a couple of those that were my buyers, did pay cash. For the most part, they're going conventional though. 

Jun 08, 2018 03:09 PM #4
Ambassador
2,529,399
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Yes, this is the only price range that has a decent supply of inventory, Sally K. & David L. Hanson. I would love to see the supply numbers increase to a balanced market, for sure! 

Jun 08, 2018 03:11 PM #5
Ambassador
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Thank you, Gita Bantwal - that's a huge compliment! 

Have a wonderful weekend...

Jun 08, 2018 03:11 PM #6
Rainmaker
4,250,762
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Debe.  Thanks for keeping us informed about the real estate market in Charlotte NC.

 

Jun 09, 2018 05:26 AM #7
Rainmaker
4,603,685
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is very good information to share with families considering a move to the area.

Jun 09, 2018 07:44 AM #8
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