The cooler winter weather might be keeping more of us indoors this season and less of us buying new homes in Charlotte. Real estate sales in the Charlotte region continue to decline for the eighth consecutive month as we close out the 2018 year. Compared to the same period in December 2017, sales declined in the… [Read More]
Charlotte region home sales slow for holiday season
As is typical approaching the end of the year, home buying and selling slowed in preparation for the holiday season, marking the seventh straight month of year-over-year sales declines for the Charlotte region. Overall residential sales fell by nearly 12 percent to 3,310 properties sold across the Charlotte region in November. Compared with October, sales… [Read More]
Home sales drop for sixth straight month in Oct.
Home sales dropped again in October, marking the sixth straight month decline in year-over-year sales for the Charlotte metro area. Sales decreased 9.8 percent for year-over-year figures to 3,617 properties sold in October. Compared to September, sales in October fell 0.7 percent, according to the most recent report of the Charlotte Regional Realtor Association. A… [Read More]
September sales drop more than 15%
For the fifth straight month, Charlotte home sales continued to drop, with September seeing a 15.3 percent decline from sales figures for September 2017. A total of 3,642 properties sold in September compared to 4,302 sold in September 2017. Sales fell more than 19 percent from August’s figures, according to the monthly report from the… [Read More]
Residential sales cool during August heat
Rising home prices and decreased inventory continued to take its toll on the Charlotte residential sales market in August, the third month of year-over-year declines in real estate closings. Sales in the Charlotte MLS market dropped to 4,514 homes sold in August, a 6 percent drop from the same period a year ago. CMLS President… [Read More]
Going, going gone! Homes moving quickly in Charlotte region
What little inventory there is on the market in the Charlotte region is not hanging around for long. Sellers can pretty much name their price, and buyers will move quickly to snatch up homes. With competition hot and selection limited, sellers are upping asking prices. Average list prices in the Charlotte MLS area jumped 2… [Read More]