As summer surrenders to fall, and the first signs of bright autumnal foliage appear in the mountains to the west. Locally, “rosy†is the color of important Charlotte real estate metrics. For example, the median selling price of a single-family home stood at $189,750 in September 2015. One year later, the median value is $207,000,… [Read More]
Charlotte Real Estate Trends for August 2016
Fall’s arrival means different things to different people in the greater Charlotte area, although many hope for a quick start to another Super Bowl run by the Panthers. For some, it’s “back to school,†while for others it is an opportunity to enjoy a round of golf, go for a hike or do some fishing… [Read More]
Charlotte Real Estate Trends for July 2016
Charlotte’s thriving regional real estate market continued to chug along in July 2016. Overall, most sales prices rose, homes sold more quickly and overall inventory shrank as compared to July 2015.
Charlotte Real Estate Trends for June 2016
The June market for Charlotte area residential real estate heated up just like the early summer temperatures. Sellers could kick back and enjoy their iced tea and lemonade as their properties often sold quickly and at desirable prices.
Charlotte Real Estate Trends for April 2016
Undeniably, spring is a prime time for buying and selling residential real estate in and around Charlotte. So, what does the market look like as we move into late spring and early summer? Compared to one year ago, there are more closed sales to report. In April, year-over-year closings were up 3.1 percent, from 3,503… [Read More]
Charlotte Real Estate Trends for December 2015
As we ring in the New Year, Charlotte’s real estate trends point to a market that continues to stabilize. Price changes are modest, and mortgage interest rates remain low. Although the holiday season is traditionally a slower time in the market, seasonal fluctuations in the market are responsible only up to a point. Comparisons of… [Read More]