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Charlotte, NC Region Housing Market At A Glance: March 2019

By Nina Hollander, Broker

Real Estate Agent with Coldwell Banker Realty 179530

April 09, 2019 02:01 PM

Charlotte, North Carolina Region Housing Market At A Glance

March 2019

March 2019 Charlotte region housing update. Charlotte region remained a seller’s market in March 2019 with inventory remaining extremely tight, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were down, but pending sales were up 12.4% year-over-year. The housing affordability index continued to decrease, as well. Months supply of homes remained very low at 2.2 months and even lower for homes priced under $200,000. Average sale prices have increased each month this year to-date.

MORE INFORMATION ABOUT THE CHARLOTTE REGION'S HOUSING MARKET PERFORMANCE IN MARCH 2019, CLICK HERE

FIND OUT WHAT THIS MEANS FOR CHARLOTTE REGION HOME BUYERS & SELLERS

LOOKING FOR YOUR DREAM HOME IN THE CHARLOTTE AREA?

To Get Your FREE Spring 2019 Home Buyer Guide: “Things To Consider When Buying A Home,” click here.

WONDERING WHAT YOUR CHARLOTTE AREA HOME IS WORTH IN TODAY'S MARKET?

To Get Your FREE Spring 2019 Home Seller Guide: “Things To Consider When Selling Your House,” click here.

SEARCH ALL CHARLOTTE AREA HOMES FOR SALE HERE

This monthly Charlotte, NC region housing market update is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts serving Charlotte area home buyers and sellers for 20+ years.

If you're considering selling or purchasing a home in the Charlotte metro area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you how:

"The Right Broker Makes All The Difference."

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Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

Thank you for the glance of the Charlotte housing market as it stands at the end of March 🤓 Nina Hollander .

Apr 09, 2019 03:00 PM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS thank you, Paul, for taking time to pop by and leave a comment. Trust you've had a good week thus far!

Apr 09, 2019 03:08 PM

Rebecca Gaujot, Realtor®

Lewisburg, WV

Lewisburg WV, the go to agent for all real estate

Nina, you really excel at your market reports for Charlotte NC.

Apr 09, 2019 07:37 PM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Endre Barath, Jr.

Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA

Realtor - Los Angeles Home Sales 310.486.1002

Nina I know you said that no business has come from your Market Reports, may I ask did you ask buyers and sellers how they found you? I bet most will say in the Internet but can not put their finger on where...Endre

Apr 09, 2019 11:42 PM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Rebecca Gaujot, Realtor® good morning, Rebecca... thanks. I've always been of the school of thought that if I'm going to do something I'm going to do it well!

Apr 10, 2019 03:53 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Endre Barath, Jr. hi Endre... I always ask how buyers and sellers find me. Always. That's how I know nothing came as a result of market reports here in the Rain. And I can track how they come to me to my website...so if it's a lead from Active Rain, I will know that. 80+% of my buyers and sellers come to me from client referrals and repeat business from past clients. I've not been able to make any inroads through Active Rain.

Apr 10, 2019 03:55 AM

Amanda S. Davidson

Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA

Alexandria Virginia Homes For Sale

Nina, your knowledge of the Charlotte area is truly impressive. You always know the market conditions and what it means for buyers and sellers. You might not get leads from AR but, there's a reason you have a continuous flow from referrals and repeat business - you're the best of the best.

Apr 10, 2019 04:55 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Amanda S. Davidson thanks, Amanda, for the great comment and compliment. Made my day!

Apr 10, 2019 05:17 AM

Amanda S. Davidson

Alexandria, VA

Brian England

Ambrose Realty Management LLC - Gilbert, AZ

MBA, GRI, REALTOR® Real Estate in East Valley AZ

With inventory being low, anyone looking to sell their home should contact you right away, if they want top dollar that is.

Apr 10, 2019 06:24 AM

Nina Hollander, Broker

Charlotte, NC
Roy Kelley

Gaithersburg, MD

Roy Kelley

Retired - Gaithersburg, MD

The home prices in your area should be attracting retirees from the DC Metro Area.

Apr 10, 2019 07:15 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Brian England Thanks, Brian... and let's face it, none of us really know how strong the market will be later this year.

Apr 10, 2019 07:16 AM

Brian England

Gilbert, AZ

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Roy Kelley hi Roy... I can tell you that the types of homes retirees are looking for in our area are much more expensive than our average and median home prices would indicate. I've got a few clients locally who are thinking about scaling down and they are all experiencing sticker shock!

Apr 10, 2019 07:18 AM

Grant Schneider

Performance Development Strategies - Armonk, NY

Your Coach Helping You Create Successful Outcomes

Good morning Nina - it is the same story, different month. Hope you get your share of new listings.

Apr 10, 2019 07:32 AM

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi

NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL

708.921.6331 - 40+ yrs experience

Few housing markets are more exciting to watch than yours in Charlotte, Nina Hollander ... it's been so strong. Perhaps the recent jump in pending sales is tied to the dip in interest rates?

Gene

Apr 10, 2019 07:34 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Grant Schneider hi Grant... and I have a feeling that it will continue to be the same story/different month for some months to come.

Apr 10, 2019 08:20 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi hi Gene... I'm sure the dip in interest rates played a factor... but at the same time we have so many people moving to Charlotte, I suspect that's at least as big a factor.

Apr 10, 2019 08:22 AM