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]
Low inventory bolsters June seller’s market
Charlotte’s low inventory of homes for sale continued to drive rising residential list prices, while year-over-year sales numbers show a decline in June. Median list prices rose to $248,045, an increase of 2.8 percent over June 2017, while on average sales prices rose 5.7 percent to $302,177 across the Charlotte MLS region. Sellers also are… [Read More]
Charlotte Real Estate Trends : July 2017
With summer moving past its midpoint, we should continue to a see a strong Charlotte real estate market through July. The indicators show as much, but with another drop in inventory for homes, the home buying competition is still high. Charlotte continues to be a seller’s market. Here is an overview of the Charlotte real… [Read More]
Charlotte Real Estate Trends for June 2017
Now that summer is upon us, the Charlotte, NC real estate market is in full swing. Despite the nationwide slowdown in property sales, demand among local home buyers remains strong and prices continue to rise. A quick analysis of Charlotte real estate trends shows a lack of inventory has led a significant reduction in the… [Read More]