As expected, the market in the Charlotte area remains strong so far this spring with sales increasing, new listings on the rise, and inventory going fast. If you’re in the market for a new home in the Charlotte area, explore these local market statistics today. According to the Local Market Update for April 2019, closed… [Read More]
Slowing Sales; Higher Prices
Sales may be slowing but prices are rising. The Charlotte Region spring market is hot, and sellers are prepared to wait it out as we lead up to summer months. According to the Local Market Update for March 2019, closed sales in March were down 6 percent from this time last year to 3,842 which… [Read More]
Spring has Sprung: Charlotte Region Market
Spring has arrived and the weather isn’t the only thing warming up. The real estate market in the Charlotte Region is in good shape so far this year with an optimistic outlook for the months leading into summer. Closed sales were down just 0.9 percent from this time last year at 2,833, a major increase… [Read More]
Charlotte Region Warms Up
New Year, new listings! 2019 in the Charlotte region is starting to look up after a steady decline in home sales last year. While residential sales are still down in January by 9 percent to 2,510 properties sold in the Charlotte region, they’re up from December by 5 percent according to the Local Market Update… [Read More]
2018 Wrap-Up: Sales Continue to Decline
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]