Myers Park Charlotte Real Estate Market Report October 2019
Daily, we are asked, "So, how's the real estate market doing in Charlotte?"
Quite often, we are asked specifically about our well-known, popular historic communities, including Myers Park.
Myers Park is one of Charlotte's communities that continuously stands the test of time when it comes to housing appreciation. Even as the city endured the days, weeks, months, years of The Great Recession, Myers Park was one of the neighborhoods that didn't feel the depth of depreciation/devaluation that many of the Charlotte neighborhoods experienced.
In 2019 and the Myers Park real estate market is back to its normal state of desirability. Below is the current market snapshot of the Myers Park neighborhood. Year-to-date (2019 only), 160 single family homes have sold in the Myers Park neighborhood at a list price of $1,281,521 and a sales price of $1,197,132, with a 93.4% list-to-sales price. Homes in Myers Park average 62 days on the market thus far this year.
*Yes, the list-to-sales price is extremely low. Here's why you always want to hire a professional who knows the market, knows pricing and knows HOW to market your home.
Average sales prices in Myers Park
The Myers Park Charlotte housing inventory has been reduced drastically, as though it wasn't low enough already! This is reflective of a sellers market. Lower interest rates continue to drive buyers to the Myers Park neighborhood and other areas of high appreciation in the Charlotte Metro region. Myers Park is currently at a 5.0 month supply of inventory.
With the current inventory in Myers Park, you're going to want to be sure you have a Realtor® who is on top of the market and available to show you properties when one hits the market!
The average number of showings a seller in Myers Park is having before the property goes under Contract is below...yet another reason to have an agent who is on top of the market to represent you!
Visit www.TheMaxwellHouseGroup.com for more information and to search for homes in Myers Park. Your first step should be enlisting an experienced, local real estate broker. Selecting a great broker is not as easy as it may seem. There are real estate agents and brokers who will sell you anything but, you want to enlist a seasoned real estate professional for your real estate needs. We would love to share our knowledge of the Myers Park area market with you...and give you the grand tour of this gorgeous neighborhood!
If you're thinking of selling your Myers Park 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. Call or text (704) 491-3310
*References from any of our sellers are available upon request. Read our reviews at www.CharlotteRealEstateAgentReviews.com.
© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Myers Park Charlotte Real Estate Market Report October 2019
Originally posted at https://www.icharlotterealestate.com/myers-park-market-report-june-2018/