Myers Park Charlotte Real Estate Market Report MAR 2023

Myers Park Charlotte Real Estate Market Report MAR 2023

Daily, we are asked, "So, how's the real estate market doing in Charlotte?"

Quite often, we are asked specifically about our well-known, popular, historic communities, including Myers Park. 

Myers Park is one of Charlotte's communities that continuously stands the test of time when it comes to housing appreciation. Even as the city endured the days, weeks, months, years of The Great Recession, Myers Park was one of the neighborhoods that didn't feel the depth of depreciation/devaluation that many of the Charlotte neighborhoods experienced.

In 2023, the Myers Park real estate market will, undoubtedly, continue to be in demand to both relocation buyers and to those moving within the area. Below is the current market snapshot of the Myers Park neighborhood. 

During Q1 of 2023, 25 single family homes sold in the Myers Park neighborhood with an average sales price of $1,741,880, with a 1.5 month supply, a 99.19% list-to-sales price. Homes in Myers Park average 44 cumulative days on the market thus far this year. 

*Seeing a lower than average list-to-sales price ratio? Here's why you always want to hire a professional who KNOWS the market, KNOWS pricing and KNOWS how to market your home. 

Average sales prices in Myers Park

The Myers Park Charlotte housing inventory has been reduced drastically, as though it wasn't low enough already!  This is reflective of a sellers market.  Desirability and location continue to drive buyers to the Myers Park neighborhood and other areas of high appreciation in the Charlotte Metro region. Myers Park is currently at a 1.5 month supply of inventory, slightly lower than last months. 1.8 month supply.

With the current inventory in Myers Park, you're going to want to be sure you have a Realtor® who is on top of the market and available to show you properties when one hits the market!  

The average number of showings a seller in Myers Park is having before the property goes under Contract is slightly lower than year-over-year...yet another reason to have an agent who is on top of the market to represent you!

Search all Charlotte homes for sale in Myers Park

BUYERS  

Visit www.TheMaxwellHouseGroup.com for more information and to search for homes in Myers Park. Your first step should be enlisting an experienced, local real estate broker. Selecting a great broker is not as easy as it may seem. There are real estate agents and brokers who will sell you anything but, you want to enlist a seasoned real estate professional for your real estate needs. We would love to share our knowledge of the Myers Park area market with you...and give you the grand tour of this gorgeous neighborhood! 

Hiring the RIGHT Charlotte Realtor® is critical to your home buying success!

SELLERS  

If you're thinking of selling your Myers Park home, let's talk! As with everything in life, preparation is key and I will equip you with what you'll need to get you, as seamlessly as possible, through the home-selling process. Call or text (704) 491-3310  

*References from any of our sellers are available upon request.  Read our reviews at www.CharlotteRealEstateAgentReviews.com.

Hiring the RIGHT Charlotte Realtor® is critical to your home selling success too!

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Myers Park Charlotte Real Estate Market Report MAR 2023

Originally posted at https://www.icharlotterealestate.com/myers-park-market-report-june-2018/