Charlotte Market Update - MARCH 2020

Real Estate Agent with | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 228209

Charlotte Market Update - MARCH 2020

Charlotte home sales continued to sizzle lat month, rising by 2.2% year-over-year with 4,688 homes sold. Sales rose by 3.6%, compared to the previous month.


Sellers across the city continued to flex their muscle with the average sales price ($304,569) and median sales price ($262,640) seeing gains of 9% and 11.9% year-over-year, respectively.


Pending contract activity was up 24.8% with 4,888 contracts written during the month of February, signifying significant buyer demand. 


Charlotte Market Update March 2020


Inventory will continue to pressure costs for the foreseeable future, falling 31.3% across the 16-county zone, leaving the area for sale with 6,757 homes and a 1.5 month supply of inventory.




Want more specific details on your market? Let's talk! Call or text me at (704) 491-3310 or email


© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | | CHARLOTTE MARKET UPDATE – MARCH, 2020



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Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

Hey! Good weekend? Thanks for sharing this information on your local market, great information. I hope you have a great day ahead.

Mar 16, 2020 01:23 AM #1
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Charlotte home buyers and sellers are likely to find your market report very valuable, Debe.

Mar 16, 2020 02:35 PM #2
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