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What Happened In The Charlotte Region Housing Market In April 2019

By Nina Hollander, Broker

Real Estate Agent with Coldwell Banker Realty 179530

May 10, 2019 08:36 AM

Charlotte, North Carolina Housing Market Report:

April 2019

Charlotte region remained a seller’s market in April 2019 with inventory remaining extremely tight and lower than one year ago, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were up slightly, but pending sales were up 11.1% 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.

MORE INFORMATION ABOUT THE CHARLOTTE REGION'S HOUSING MARKET PERFORMANCE IN APRIL 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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Grant Schneider

Performance Development Strategies - Armonk, NY

Your Coach Helping You Create Successful Outcomes

Good morning Nina - same information but different month. It illustrates the high cost of waiting for those on the fence.

May 10, 2019 08:56 AM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Nina,

We are amazed at the length of time that the shortage of inventory continues to drop. I would think there would be a lot of new builds happening in your neck of the woods...A

May 10, 2019 09:14 AM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Grant Schneider hi Grant... I know... it's like I have nothing new to say each month... I keep looking for "creative" ways to tell the same story month after month.

May 10, 2019 09:21 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... we are into our fourth year (if not fifth) of tight inventory. We do have a lot of new construction and that inventory is in the numbers reported. Take out the new inventory and our numbers would plummet even more.

May 10, 2019 09:22 AM

Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

By my calculations we still have a sellers market but the way some buyers are acting we have a full blown buyers market with many concessions asked for but not given Nina Hollander

May 10, 2019 10:40 AM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS hi Paul... I'm not seeing the "asking" for many concessions yet. Last three listings I sold all had multiple offers and we were priced at the high end of the range in each case.

May 10, 2019 11:11 AM

Patricia Feager, MBA, CRS, GRI,MRP

DFW FINE PROPERTIES - Flower Mound, TX

Selling Homes Changing Lives

Nina Hollander - Knowing what I know about you, you are well prepared to handle any type of market.

I wish you the best of luck and great sales.

May 10, 2019 04:01 PM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Sheri Sperry - MCNE®

Coldwell Banker Realty - Sedona, AZ

(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander,

It is apparent that there is still a lot of upward pressure on pricing in the Charlotte area. Buyers should get with you now to get the best deal possible on their dream home.

May 10, 2019 05:05 PM

Roy Kelley

Gaithersburg, MD
Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Patricia Feager, MBA, CRS, GRI,MRP good morning, Patricia... that's one of my biggest selling features... that I've lived/worked through every kind of financial market and know how to deal with them, be the market good, bad, or indifferent.

May 11, 2019 04:45 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Sheri Sperry - MCNE® hi Sheri... I wouldn't say prices are running away with themselves, but lack of inventory continues to push them upwards.

May 11, 2019 04:46 AM

Roy Kelley

Retired - Gaithersburg, MD

Families on the move will appreciate your local market reports.

May 11, 2019 07:13 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Roy Kelley good morning, Roy. Thanks for stopping by. Hopefully your weather is nicer today than ours... cloudy with rain to come.

May 11, 2019 07:43 AM

Roy Kelley

Gaithersburg, MD

Roy Kelley

Retired - Gaithersburg, MD

We are expecting rain later in the day and tonight in Maryland.

May 11, 2019 07:46 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Roy Kelley I don't know about you, Roy, but I'm ready for all this rain to go away and let us have some sunny spring/early summer days.

May 11, 2019 07:48 AM

Roy Kelley

Gaithersburg, MD

Roy Kelley

Retired - Gaithersburg, MD

The positive benefit of the bad weather is that I planted a lot of flowers this week and nature is taking care of the needed watering.

May 11, 2019 07:55 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Roy Kelley that's a postive way of looking at it, Roy. And nothing wrong with that!

May 11, 2019 08:04 AM

Roy Kelley

Gaithersburg, MD

Brian England

Ambrose Realty Management LLC - Gilbert, AZ

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

Getting my morning fix of what is going on in the Charlotte area has become a necessity! I hope that your weekend will be enjoyed, my friend!

May 11, 2019 08:16 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Brian England hi Brian... I'm catching up on a lot of desk work this weekend and now waiting for out youngest grandson to arrive from Colorado. Happy weekend to you!

May 11, 2019 02:05 PM