What Happened In Mecklenburg County Housing Market Quarter 1, 2019?

By
Real Estate Agent with Coldwell Banker Residential Brokerage

 

Mecklenburg County, NC Housing Market Report: 

1st Quarter 2019

 

First Quarter 2019 Mecklenburg County, North Carolina home sales kept the County a seller's market with just 1.9 months of inventory. Mecklenburg County includes the seven cities and towns of Charlotte, Pineville, Matthews, Mint Hill, Davidson, Huntersville, Cornelius.

 

During the first quarter of 2019, Mecklenburg County saw inventory and months supply of homes increase, although months supply of homes remains very low at 1.9 months versus the first quarter of 2018. Both median and average sale prices increased during the first quarter of 2019 compared with the same time period in 2018. Days on market were up to 46 days compared with first quarter 2018, but homes are still selling quite quickly on the whole.

 

Mecklenburg County Real Estate Report 1st Quarter 2019  

 

In the first quarter of 2019, Mecklenburg County saw a:

  • 3.9% increase in average sale prices (to $317,399) year-over-year.
  • 2.6% increase in median sale price (to $251,250) year-over-year.
  • 1.1% increase in inventory of homes for sale year over year.
  • 4.4% decrease in closed sales year over year.
  • 5.2% increase in the months supply of homes (1.9 months supply) year over year.
  • Days on market year over year increased 19% (46 days on market).
  • 96.7% percent of original price received, indicating a small window of opportunity for buyers to negotiate on price.

 

 

 DETAILED REPORT FOR MECKLENBURG COUNTY HOUSING MARKET

 

Mecklenburg County Real Estate Report Quarter 1 2019

 

 

SEARCH MECKLENBURG COUNTY HOMES FOR SALE

 

Search Mecklenburg Count Homes For Sale 

  

 

FIND OUT WHAT YOUR MECKLENBURG COUNTY HOME MAY BE WORTH IN TODAY'S MARKET 

 

What's My Charlotte Home Worth?

 

This quarterly Mecklenburg County housing market update is brought to you by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts. We've been opening doors for Mecklenburg County home buyers and sellers for 20+ years.

 

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

 "The Right Broker Makes All The Difference."

 

 

Great Homes In Charlotte

 

 

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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

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

2007 - 2018 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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Rainmaker
994,255
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good morning Nina Hollander 

Thank you for sharing your Real Estate Report 

Have a great day.

Saturday April 20, 2019.

Apr 20, 2019 04:54 AM #1
Rainmaker
1,824,857
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Nina- now is the time to sell.  Sellers hould ocntact Nina Hollander now.

Apr 20, 2019 05:02 AM #2
Rainmaker
4,830,577
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Nina Hollander housing inventory is on its way up.... this is the time to sell before the tide changes...

Apr 20, 2019 05:39 AM #3
Rainmaker
2,935,969
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Barbara Todaro hi Barbara.... the increase in housing inventory is but a trickle with less than 2 months of overall inventory... and as for housing under $300,000? Even less.

Apr 20, 2019 05:56 AM #4
Rainmaker
2,935,969
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Grant Schneider hi Grant... buyers are out there... it really is time to sell... who knows how long the buyers will stay out there.

Apr 20, 2019 05:57 AM #5
Rainmaker
2,935,969
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Anthony Acosta - ALLATLANTACONDOS.COM good morning, Anthony. Thanks for stopping by. Wishing you a lovely Easter weekend!

Apr 20, 2019 05:58 AM #6
Rainmaker
3,036,797
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Happy Saturday Nina,  Great reports as always from you for us here in the Rain.  Hope you havea great day!

 

Apr 20, 2019 08:32 AM #7
Rainmaker
2,935,969
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Will Hamm hi Will... thanks for the nice comment and for popping by... wishing you a great Saturday and a happy Easter Day!

Apr 20, 2019 08:43 AM #8
Rainmaker
1,264,531
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Nina,
Always enjoy reading your very detailed market reports.  Thank you.

Apr 20, 2019 08:44 AM #9
Rainmaker
4,273,694
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

This another one of your comprehensive reports on Mecklenburg Housing.  Wishing you a great weekend.  A

Apr 20, 2019 11:12 AM #10
Rainmaker
2,935,969
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel hi Alexandra... thanks so much. I'm almost done for the quarter. But before I blink again it will be time for next month's reports! Happy Easter weekend to you both.

Apr 20, 2019 01:49 PM #11
Rainmaker
2,935,969
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Carol Williams hi Carol... thank you for stopping by and the complimentary comment.  

Apr 20, 2019 01:53 PM #12
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Rainmaker
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Nina Hollander

Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor
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