Need To Sell Your Greater Charlotte Home? Still A Good Time To Do It!

By
Real Estate Agent with Coldwell Banker Realty

 

Do You Need To Sell Your Greater Charlotte Home?

Home Inventory Is Still At Historic Lows...

... It's Still A Good Time To Sell Your Home! 

 

Just how low is Greater Charlotte's housing inventory? We are talking historic lows. As of April 2022, the Charlotte Region had just 3,168 active property listings, compared with 4,251 one year ago. The months supply of homes stood at just 0.7 months in April 2022.

 

What Does This Inventory Shortage Mean For Charlotte Region Home Sellers? High Visibility For Your Home... Plus...

 

  1. You'll get more money for your home if you sell now while inventory remains low and demand remains high. Average and median home sale prices in the Charlotte region were also at historic highs as of April 2022.  Year-to-date in 2022, average home sale prices in the Charlotte region are 16.8% higher at $421,353, while median home sale prices are 21.1% higher at $365,000.



  2. You'll sell your home at a higher list to sale price. As of April 2022, the list to sale price was 102.8%. This means that 50% of the homes sold in April sold above asking price. The list to sale price ratio was also 1.8% higher in April 2022 than in April 2021. Year-to-date 2022 list to sale price ratio is 101.5%.



  3. You'll sell your home more quickly. Average days on market are at historic lows in the Charlotte Region. As of April average days on market were 16 days, down from 22 days one year ago. Median days on market were just five days. That means 50% of the homes sold in five days or less.

 

THE SPRING 2022 HOME BUYING SEASON IS IN FULL BLOOM: WHAT THAT MEANS FOR HOME SELLERS: VIDEO

 

 

WHAT'S AHEAD FOR THE HOUSING MARKET IN THE SECOND HALF OF 2022: VIDEO

 

 

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

 

Wondering What Your Charlotte Area Home Is Worth?

 

 

 GET AN INSTANT HOME VALUE FOR YOUR CHARLOTTE REGION HOME

 

Instant Home Value For Your Charlotte Region Home

 

 

TOP SIGNS IT'S TIME TO SELL YOUR HOME ACCORDING TO EXPERTS: VIDEO

   

 

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

 

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

 

Need Help With Home Renovations/Updates Before Listing Your Home For Sale?

ASK US ABOUT COLDWELL BANKER'S REALVITALIZE PROGRAM

 

RealVitalizeSM is an exclusive Coldwell Banker program that helps with improvements and repairs to prepare your home for sale. We cover upfront costs and get paid back when your home sells. No hidden fees, interest charges or markups.

  RealVitalize Home Improvement Program By Coldwell Banker

 

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

If you're considering selling or purchasing a home in the Greater Charlotte region, I'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:

 "The Right Broker Makes All The Difference."

 

Curious About Charlotte Region's Real Estate Market?

   

If you're curious about the Charlotte Region's real estate market, I have the answers to your questions.  A consultation is FREE and there's NO OBLIGATION. Call/text me, Nina Hollander at Coldwell Banker Realty at 704-779-0813 or contact me here.

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

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 The Greater Charlotte Area
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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

 

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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.

 

Comments (31)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Eric Bouler good morning, Eric... thank you for stopping by this morning... wishing you a wonderful Wednesday!

May 25, 2022 07:56 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bob "RealMan" Timm good morning, Bob... how nice of you to say so! I appreciate the shout out!

May 25, 2022 07:57 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England hi Brian... just as there are now buyers who are lamenting that they didn't buy when rates were lower, I expect there will be homeowners who will lament in the not too distant future that they didn't sell when inventory was still very tight.

May 25, 2022 07:58 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... we had a bit of an increase in inventory between March and April, but it had no real impact on the market with homes selling in about two weeks.

May 25, 2022 07:59 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 good morning, Sheila... thank you for that shout-out! I always try to under-promise and over-deliver.

May 25, 2022 08:00 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Dorie Dillard Austin TX good morning, Dorie... they can talk about the market slowing down all they want... but so long as inventory keeps decreasing and and we have less than one month of inventory we are talking a seller's market.

May 25, 2022 08:01 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Prospective home sellers are in very good hands when they seek your professional real estate advice and assistance.

May 25, 2022 08:28 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thanks, Roy, for stopping by this morning... wishing you a wonderful Wednesday.

May 25, 2022 08:29 AM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Hot market, time is a wastin'. List it, Nina Hollander, Broker will market it and get you front row seats to a real estate closing. Better start packing sellers.. won't take Nina long to line up that closing.

May 25, 2022 09:09 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina,  we are beginning to see more homes coming on the market but prices are still high in the Denver area.

May 25, 2022 09:17 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Andrew Mooers | 207.532.6573 hi Andrew... love that expression "front row seats to a closing." I might just steal it from you!

May 25, 2022 10:12 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm hi Will... we also are seeing a few more houses come on the market... but it's so small compared to demand in the short run it's making little difference.

May 25, 2022 10:13 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina,

Because the inventory is so low in your area, this is putting pressure on the median sales price to remain favorable in the seller's position.  As usual, you do a great job of informing your clients about these conditions in the Charlotte area.

May 25, 2022 11:10 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sheri Sperry - MCNE® hi Sheri...it's just a crazy, crazy market... sales are down, inventory up so little it makes no real difference, buyers getting priced out of the market and home prices still increasing.

May 25, 2022 11:43 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina the way homes prices are going through the roof in your area, and flying off the market, any homeowner thinking of putting their home on the market would be silly to not do it at this time.

May 25, 2022 02:32 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I hope this call to action makes your phone ring off the hook Nina 🙂

May 25, 2022 06:57 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Nina - I hope your post has shaken a few more trees.  Sellers are golden in Charlotte.

May 25, 2022 08:00 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... I have a feeling that just as buyers thought those low, low rates would last forever despite what we told them, there are homeowners who think the increases we've seen in home prices in the past several years will last forever.

May 26, 2022 04:16 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS thanks, Paul... in reality, still waiting for my phone to ring even once from a CTA in Active Rain.

May 26, 2022 04:16 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Grant Schneider hi Grant... that needle is hardly budging... homeowners can sell, but they can't replace their homes easily.

May 26, 2022 04:17 AM