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

12-Month Home Sales Report For 475+ Charlotte Area Neighborhoods: March 2020

If you're wondering how home sales fared in Charlotte metro area subdivisions in March 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 March 2020 with just 1.7 months supply of inventory of homes (down 32% year-over-year). Buyer demand outpaced supply of homes for sale throughout 2019 and throughout the first quarter of 2020.  The lack of inventory pushed median home prices up 11.3% to $271,500 and average home prices up 8.7% to $315,243 for the month ended March 31, 2020 compared with March 2019. In March 2020, closed sales in the Charlotte region were up 5.5% year-over-year, while pending sales were down 2.8%. At this point in time, it's hard to say if pending sales were down only because of lack of inventory or if shelter-in-place orders that started rolling out in late March also began impacting sales.

Charlotte Area Neighborhood Sales Statistics: March 2020

Thinking About Selling Your Charlotte Area Home?

If you've been thinking about selling your Charlotte area home.  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?

If 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 searches, by listing ID number, by 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!

  Nina Hollander and Carolinas Realty Partners with Coldwell Banker Realty, 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."

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