All Posts by Great Homes in Charlotte
Tega Cay Real Estate February 2023
Fort Mill Real Estate February 2023
Fort Mill real estate in February 2023 (29715 and 29708 zip codes) saw lower sale prices month-over-month. Sales increased slightly month-over-month, but were down year-over-year. New listings down 20.2% over January 2023 and down 29.5% year-over-year. Housing inventory was at its lowest level in three years in February 2023. Average days on market up 36 days year-over-year.
Indian Land Real Estate February 2023
Indian Trail Real Estate: February 2023
Indian Trail real estate saw a continued cooling trend year-over-year in February 2023 with increasing days on market and inventory and fewer new listings. Month-over-month, inventory was down, however. At the same time, home prices increased year-over-year and month-over-month. With a 4.1% decrease in the list to sale price ratio year-over-year to 97.8%, Indian Trail home buyers are seeing an opportunity to negotiate on price.
Matthews Real Estate: February 2023
Matthews real estate market in February 2023 saw home prices increase year-over-year and month-over-month. Median home sale price was 20.8% higher than one year ago. Days on market and inventory also increased, while new listings continue to decrease. List to sale price ratio in February was just under 99%. Sales were up over January 2023, but down compared with February 2022.
Waxhaw Real Estate Report: February 2023
Waxhaw area real estate market in February 2023 saw a 14th consecutive month of lower closed sales, indicating buyers are taking a step back, due to a combination of higher home prices, higher interest rates, and economic uncertainty. Days on market increased. Median and average sale prices increased year-over-year and month-over-month. New listings were at their lowest level in three years with the exception of December 2022.
Ballantyne Real Estate: February 2023
Luxury Homes Market Charlotte Region: February 2023
Charlotte Real Estate: January 2023
Charlotte real estate in January 2023 saw home sales drop 37.9% year-over-year, while home prices increased 6.2%, on average. Sales dropped for a 13th consecutive month due to higher home prices, increasing interest rates, and fewer new listings. Homes sold in 46 days, on average. The months supply of homes, while increasing, remained below two months at 1.5 months, keeping Charlotte in “home seller territory.” Home affordability continues to suffer.