Waxhaw Area Real Estate Report: February 2020

Waxhaw Housing Market Update February 2020

It’s still tight inventory in the Waxhaw area, encompassing the towns of Waxhaw, Weddington, and Marvin in the 28173 zip code. New construction inventory was significantly down (47.7%) in February 2020. Resale inventory was also significantly down (almost 32.7%) in February year-over-year to just 1.6 monts. Both average and median home sale prices increased in February year-over-year, as did closed and pending sales.

Indian Trail Real Estate Report: February 2020

Indian Trail Housing Market Snapshot Feb 2020

Indian Trail area (28079 zip code which includes the towns of Indian Trail, Stallings, Hemby Bridge) remained a seller’s market with just 1.6 months supply of homes in February 2020 and housing inventory down 27.4%. Closed sales increased 40% year-over-year and days on market were down. Clearly, there’s no slowdown in the demand for Indian Trail homes. Check out the hottest selling neighborhoods in Indian Trail.

Matthews Real Estate Report: February 2020

Matthews NC Real Estate Report February 2020

Matthews (28105 zip code) real estate report for February 2020. Matthews remained a seller’s market in February 2020 with the months supply of inventory razor thin at 1.4 months (down 44% year-over-year). Inventory was down 34.2%, as were new listings, which were down 3.9% in February. Both pending and closed sales increased significantly in February. Both average and median home sale prices also increased in the month of February.

Charlotte Real Estate Report: February 2020

Charlotte Area Housing Market Snapshot Feb 2020

Charlotte region ended February 2020 a seller’s market with inventory remaining extremely tight and the months supply of housing dropping 40% to just 1.5 months of inventory. Year-over-year home prices increased, days on market decreased, inventory decreased, closed and pending sales increased. New listings increased marginally by 2.2%. Housing affordability index continued to decrease, as well.

Ballantyne Real Estate Report: February 2020

Ballantyne Housing Market Update February 2020

Ballantyne remained a seller’s market in February 2020. Months supply of inventory was sharply down compared with February 2019 — down to under one month. Housing inventory was down 55.5% year-over-year, resulting in lower days on market. While pending sales increased, closed sales decreased, no doubt due to the lack of inventory.

Tega Cay Real Estate Report: January 2020

Tega Cay Real Estate Update January 2020

Tega Cay, South Carolina real estate report for January 2020. Tega Cay remained a seller’s market in January with tight inventory and just 2.3 months supply of homes. The tight inventory impacted closed sales negatively, although pending sales increased. Days on market were down in January 2020. Average and median sale priced increased significantly in the first month of 2020.

Fort Mill Real Estate Report: January 2020

Fort Mill Real Estate Snapshot January 2020

Fort Mill’s housing market remained a seller’s market in January 2020 evidenced by decreasing inventory of homes, lower months supply of housing and fewer new listings coming on the market. Closed sales were down in January no doubt due to lack of inventory. Buyer demand for homes in Fort Mill continues to outpace supply causing an increase in both average and median home prices compared with January 2019.

Indian Land Real Estate Report: January 2020

Indian Land, SC (29707 zip code) real estate report for January 2020. The Indian Land housing market remained a seller’s market with just 2.1 months supply of inventory overall, despite more homes listed for sale in the month of January 2020. Resale inventory is razor-thin at just 1.5 months. Average and median home sale prices up year-over-year.

Indian Trail Real Estate Report: January 2020

Indian Trail NC Real Estate Market January 2020

Indian Trail area (28079 zip code which includes the towns of Indian Trail, Stallings, Hemby Bridge) remained a seller’s market with just 1.8 months supply of homes in January 2020 and housing inventory down 22.2%. Home prices were up significantly. Clearly, there’s no slowdown in the demand for Indian Trail homes. Check out the hottest selling neighborhoods in Indian Trail.

Matthews Real Estate Report: January 2020

Matthews NC Housing Market Snapshot January 2020

Matthews (28105 zip code) real estate report for January 2020. Matthews remained a seller’s market in January 2020 with the months supply of inventory razor thin at 1.5 months (down 34.8% year-over-year). Inventory was down 25.4%, as were new listings, which were down 24.7% in January. Both pending and closed sales increased significantly in January. Days on market continued to decrease — down 15 days to 39 days year-over-year.