Home Sales Report For 475+ Charlotte Area Neighborhoods: February 2020

By
Real Estate Agent with Coldwell Banker Realty

 

  

12-Month Home Sales Report For 475+ Charlotte Area Neighborhoods

 

If you've wondered how home sales fared in Charlotte metro area subdivisions in February 2020, here's a list of 475+ Charlotte metro neighborhoods where at least one home sold each month in the 12 months. The report includes neighborhoods in Charlotte, Waxhaw, Matthews, Mint Hill, Indian Trail, Stallings, Belmont, Mount Holly, Gastonia, Pineville, Davidson, Cornelius, Huntersville, Monroe, Concord, Mooresville, and more.

 

Charlotte region ended February 2020 with just 1.5 months supply of inventory of homes (down 40% year-over-year). Buyer demand outpaced supply of homes for sale throughout 2019 and in January 2020 and again in February... and this shows no sign of abating. The lack of inventory pushed median home prices up 11.9% to $262,640 and average home prices up 9% to $304,569 for the month ended February 29, 2020 compared with February 2019. In February, closed sales in the Charlotte region were up 3.6% year-over-year, while pending sales were up 24.8%.

 

 

Charlotte Area Neighborhood Sales Statistics: February 2020

 

 

 

Thinking About Selling Your Charlotte Area Home?

 

What's my Charlotte area home worth?If you've been thinking about selling your Charlotte area home, it's a great time to sell.  We can provide you with a free home valuation. What you don’t know can cost you time and money when it comes to selling your home. The best source of information is your real estate agent and we’ve put together a growing list of helpful resources about the home selling process. When you’re ready, call Nina Hollander at 704-779-0813 to discuss the market conditions in your neighborhood and how we can help sell your home. 

 

 

Thinking About Buying A Charlotte Area Home?

 

Search all Charlotte area homes for saleIf you're planning to buy a Charlotte area home in 2020, you can use our GreatHomesInCharlotte website to search for homes throughout the Charlotte region. You can search by area, by zip code, by neighorhorhood, by map. You can search real estate listings by basic and advanced searchesby listing ID numberby map, by subdivision, by price range, by address, by schools, by special listing conditions, by community features, by architectural design, by size of home, and more. You'll find all the Carolina MLS listings here, including single family homes, townhomes, condos, as well as golf course homes, luxury homes, foreclosure homes, active adult community homes, basement homes, homes with pools, and more. No reason not to find your Charlotte area dream home when using our easy to search website.

 

 

Listing Alerts For Charlotte Area Homes

Sign up to receive listing alerts for homes that match your specific criteria and find out about new home listings as soon as they come on the market. This is a great feature to save you time while keeping you informed "real time." And it's free!

 

Free home listing alerts from www.GreatHomesInCharlotte.com

 

 

 

  Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, are Charlotte metro area residential real estate experts. We've been opening doors for Charlotte region home buyers and sellers for 20+ years. 

 

If you're considering purchasing or selling 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."

 

 

Great Homes In Charlotte

 

 

 

Data Source for Home Sales In 475+ Charlotte Neighborhoods: Davis Farrell Technology

 

Posted by

 

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 - 2019 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Oh by the way, I'm never too busy for any of your referrals!

 

Find Your Charlotte Home

 

How Much Is My Home Worth       Free Charlotte Relocation Package

 

 

 

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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Buyer Information - What Buyers Need to Know in Today's Market
2020 Market Reports
Tags:
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Rainmaker
1,776,765
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for the market update for Charlotte! I hope you stay healthy.  I followed up with someone from my open house today - he's sick in bed with the flu - I hope it's just the flu!  

Mar 11, 2020 06:23 PM #1
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lise Howe hi Lise... great to see you... haven't seen you here for a while. Trust you are staying well, yourself. I'm fine... spent the last three weeks having cataract surgery and recuperating from it. But pretty much back in the saddle now.

Mar 12, 2020 03:56 AM #2
Rainmaker
3,297,232
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Nina, This proves how very thin inventory is with only 1.5 months supply. Smart buyers and sellers will call to work with you for your knowledge and experience!

Mar 12, 2020 04:09 AM #3
Rainmaker
3,491,024
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Nina. Demand is good when supply can absorb it. Thinventory is not good! Your knowledge and expertise are needed more than ever. Enjoy your day!

Mar 12, 2020 04:15 AM #4
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila and Larry... and that 1.5 months of inventory is an average for a fairly large region. We have parts of the region, like Ballantyne, that now have less than one month of inventory.

Mar 12, 2020 04:19 AM #5
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne Martin hi Wayne... no doubt that with this level of thinventory, buyers need to be very strategic in terms of their house hunt.

Mar 12, 2020 04:20 AM #6
Ambassador
3,195,881
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Thank you for all the work you put in on this market report. Your professionalism is showing 

Happy Thursday Nina Hollander 

Mar 12, 2020 05:16 AM #7
Rainmaker
5,687,204
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Mar 12, 2020 05:50 AM #8
Rainer
565,433
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update Nina, all the best to you as you get many of these properties listed and sold.

Sally

 

Mar 12, 2020 06:22 AM #9
Rainmaker
4,270,297
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, you always provide readers the up-to-date information for real estate around Charlotte.  Great job.  Hope you are feeling better! 

Mar 12, 2020 06:27 AM #10
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®, CRS thank you, Paul... that is always my primary goal... to exude professionalism be it on line or in person.

Mar 12, 2020 06:44 AM #11
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley thanks, Roy, for stopping by this morning. I hope your day has gotten off to a stellar start.

Mar 12, 2020 06:44 AM #12
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sally Crane good morning, Sally... thank you for popping by today and for the good wishes.

Mar 12, 2020 06:45 AM #13
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox good morning, Joan... and thank you. I'm doing okay... one more check up with the surgeon on March 31st. Most importantly I don't need to worry anymore about getting water in my eyes and can also wear eye makeup.

Mar 12, 2020 06:46 AM #14
Rainmaker
2,802,261
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Anyone wanting to know how sales are going in the Charlotte area need not go very far, it will always be on your blog!

Mar 12, 2020 07:51 AM #15
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Brian England hi Brian... that's so true... and that's the reason I do these market reports.

Mar 12, 2020 10:55 AM #16
Rainmaker
2,682,974
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Charlotte home buyers and sellers are certain to value your real estate market report, Nina.

Mar 13, 2020 05:18 AM #17
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Myrl Jeffcoat hi Myrl... have you ever met a home owner who doesn't want to know what's happening with sales in their neighborhood? I update this report monthly so people can keep track.

Mar 13, 2020 05:32 AM #18
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