Is Now A Good Time To Sell Your Greater Charlotte Region Home?

By
Real Estate Agent with Coldwell Banker Realty
https://activerain.com/droplet/5q2P

 

Is Winter 2021 A Good Time To Sell Your Greater Charlotte Region Home?

 

The answer to this question would appear to be an unequivocal YES! If you're a homeowner in the Charlotte region thinking about selling your home before the spring market, today's low inventory will make your house stand out. Today's low inventory will see your home sell faster than ever. Today's low inventory will yield a premium price for your home.

 

The graphs below clearly show what the historical trends have been in the Charlotte region for single family homes. And all these trends support a decision to sell this in winter 2021.

 

 

Charlotte Region Single Family Home Inventory Down 33% Year Over Year

 

Charlotte Region ended 2020 with 6,003 homes for sale. That's down from 9,366 homes that were for sale at the end of 2019.

 

 

 

Charlotte Region Average Single Family Home Sale Prices Up 10.5% Year-Over-Year

 

The average sale price of a Charlotte region single family home increased 10.5% from $313,666 at the end of 2019 to $346,465 at the end of 2020.

 

 

 

Charlotte Region Single Family Homes Selling 20.5% More Quickly Year-Over-Year

 

Average days on market dropped at the end of 2020 to 35 days (median days were 8) from 44 days at the end of 2019 (median days were twice that of 2020 at 16).

 

 

 

Charlotte Region Months Supply of Single Family Homes Down 36% Year-Over-Year

 

At year-end 2020, the months supply of single family homes stood at 1.6 months. This compares to 2.4 months at year-end 2019. Nothing says it's a home seller's market than a month's supply of homes under 3 months.

 

 

Today's low inventory will make your house stand out.

Today's low inventory will see your home sell faster than ever.

Today's low inventory will yield a premium price for your home.

 

 

 WONDERING WHAT YOUR CHARLOTTE AREA HOME IS WORTH IN TODAY'S MARKET? 

 

What's My Home Worth?

 

     

 

  THE WINTER HOUSING MARKET FORECAST WON'T BE CHILLY

 

  

   

 

FREE Home Seller Guide: “Things To Consider When Selling Your House”

 

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE

 

 

SEARCH ALL CHARLOTTE AREA HOMES FOR SALE 

 

 

 

This Charlotte region housing market update is provided  by  Nina Hollander and Carolinas Realty Partners with Coldwell Banker Realty, your Charlotte metro area residential real estate experts serving greater Charlotte region home buyers and sellers for 20+ years.

 

If you're considering selling (or purchasing) a home in the Charlotte region, 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."

   

 

 

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 Realty
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 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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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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2020 Market Reports
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Charlotte NC Real Estate
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Show All Comments
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley thanks, Roy... and thanks for stopping by. Trust your holiday weekend is winding down and you're looking forward to a good week in the new year.

Jan 03, 2021 12:25 PM #17
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lottie Kendall thanks, Lottie. I keep hoping that more homeowners thinking about selling bite that bullet in 2021. Happy New Year to you and yours.

Jan 03, 2021 12:26 PM #18
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox hi Joan... I keep putting out that clarion call. But not always sure people are listening.

Jan 03, 2021 12:27 PM #19
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Barbara Todaro thanks, Barbara, for that shout-out and endorsement. It's a perfect time to sell a home... I find winter home sales typically go more quickly and for more money, but this year it's an even better market for home sellers.

Jan 03, 2021 12:28 PM #20
Rainmaker
2,967,134
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Hello, Nina Hollander high demand, low inventory, and low-interest rates, all point to a great time to sell. Here's to another incredible year! 

Jan 03, 2021 03:57 PM #21
Rainmaker
3,437,907
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Nina.

Loved the video, it sure caught my attention, thanks for sharing

Jan 04, 2021 12:30 AM #22
Rainmaker
2,918,295
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

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

Jan 04, 2021 01:10 AM #23
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Kathleen Daniels, Probate & Trust Specialist good morning, Kathleen. I'm calling it the perfect storm... no inventory, low rates, high buyer demand. But like any storm, it will dissipate at some point. 

Jan 04, 2021 04:25 AM #24
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

James Dray good morning, James. I expect that your market in terms of very low inventory and high demand is not too different from mine. Happy Monday!

Jan 04, 2021 04:26 AM #25
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Myrl Jeffcoat good morning, Myrl... and happy first full week of 2021. Hope it's a great week for you.

Jan 04, 2021 04:26 AM #26
Rainmaker
6,211,912
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Monday morning, Nina.

Have a great day and an outstanding week.

Jan 04, 2021 05:23 AM #27
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley hi Ray... wishing you a lovely day and week ahead, as well. 

Jan 04, 2021 05:32 AM #28
Rainmaker
2,389,418
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Nina Hollander - if anyone is looking to sell now is a perfect time.  It might be harder to find a replacement.

Jan 04, 2021 05:34 AM #29
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Grant Schneider hi Grant... interestingly, I've sold a number of homes this year for clients who were looking to move on and we found what we needed to in good time. Not saying it's easy... but doable.

Jan 04, 2021 05:35 AM #30
Rainmaker
3,258,362
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

My opinion is that whenever someone is ready to sell their home, it is the right time to sell their home!

Jan 04, 2021 06:17 AM #31
Ambassador
2,167,479
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Nina, we have .05 months of inventory in our County. You can imagine what's going on with buyers who are trying to purchase right now.  We are looking for homes for several sets of relo buyers, I'm confident we will eventually find them...

Jan 04, 2021 06:41 AM #32
Rainmaker
274,702
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Now is a great time to sell your Charlotte home - especially if you call Nina Hollander 

Jan 04, 2021 06:45 AM #33
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Brian England that's true, Brian... but there are those people who "flirt" with the idea of selling when all the conditions are right... and for those people the conditions couldn't be better than right now.

Jan 04, 2021 07:32 AM #34
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Debb Janes EcoBroker and Bernie Stea JD hi Debb... if you have only a half month of inventory, I'm going to have to stop complaining about our .9-1 month of inventory! 😏

Jan 04, 2021 07:33 AM #35
Rainmaker
3,767,954
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Rocky Dickerson thanks, Rocky.... just feel free to pass out my number to all! :)

Jan 04, 2021 07:34 AM #36
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Rainmaker
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