As the cool winds of autumn more frequently sweep down from the Blue Ridge Mountains to the Piedmont, the market for Charlotte real estate continues to heat up. As October came to an end, there were only 2.8 months of inventory, and the average home was on the the market for only 51 days. Double-digit… [Read More]
Charlotte Real Estate Trends for September 2016
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 May 2016
Home sales are on the rise in the Charlotte area. In the city of Charlotte, median and average sales prices of homes each climbed 3 percent in May. With median home prices now at $204,500 and average sales prices at $274,199, local real estate is swaying towards a seller’s market.