Charlotte Region Real Estate Report: October 2021

Housing Market Overview Charlotte Region October 2021

Charlotte Region real estate market in October 2021 saw home sales decrease 5.3% year-over-year and home prices increase 9.7% on average. Lack of inventory is limiting sales momentum with demand for homes outpacing supply of homes. Year-over-year, days on market dropped 34.6% in October 2021. The months supply of homes and overall inventory were also down year-over-year. All this kept the Charlotte region a home seller’s market in October 2021 with home affordability decreasing 12.9% year-to-date.

Waxhaw Real Estate Report: October 2021

Waxhaw, Weddington, Marvin NC Housing Market Report October 2021

The Waxhaw area housing market remained a seller’s market in October 2021 with continued significant decreases in inventory. With 55.8% less inventory year-over-year and continued buyer demand, days on market were down, while home prices increased. Both closed and pending sales were down due to the lack of inventory and new listings.

Ballantyne Real Estate Report: October 2021

Bllantyne Area/28277 Zip Code Housing Market Report October 2021

Ballantyne remained a home seller’s market in October 2021. Months supply of inventory was down 41.7% compared with October 2020 with just a 0.7 months supply of homes. Housing inventory was down 45.9% year-over-year, resulting in fewer days on market, higher home prices with sellers receiving a median 101.2% of list price in sale price. Ballantyne area’s inventory is at historic lows. Home prices were higher both year-over-year and month-over-month.

Charlotte Region Luxury Homes Market Report: October 2021

Search For Luxury Homes In Charlotte Region

Charlotte region luxury home sales in October 2021 saw continued demand for luxury homes with an increase in both pending sales and average sale price year-over-year. Average and median days on market were down significantly year-over-year. While new listings increased, inventory was down year-over-year and the months supply of homes was also down year-over-year and month-over-month. With less than two months of inventory, the luxury segment of Charlotte’s housing market remains a seller’s market.

What Are Buyers Looking For In A Home Today?

Working from home is raising demand for a home office

The rise in remote work since the start of the pandemic has changed what many Americans want in their homes. Many companies have chosen to delay reopening or go remote full-time. As a result, buyers today are looking for homes with more space to support their work needs. If you’re thinking about selling your home and if you no longer need the extra room you have in your home, rest assured there are buyers who do.

Haunted Houses: Dream Homes Or Scream Homes?

Are haunted houses dream homes or scream homes?

How do you feel about a haunted house… is it a dream home or a scream home? 76% of American believe in the supernatural and 44% believe they have lived in a haunted house. Would you buy a haunted house? And if you did, what would you pay for one? Should buying a haunted house terrify you?

Charlotte Region Real Estate Report: September 2021

Charlotte Region Home Sales Overview In September 2021

Charlotte Region real estate market in September 2021 saw home sales decrease 2.3% year-over-year and home prices increase 12.7% on average. Lack of inventory is limiting sales momentum with demand for homes outpacing supply of homes. Year-over-year, days on market dropped 46.7% in September 2021. The months supply of homes and overall inventory were also down year-over-year. All this kept the Charlotte region a home seller’s market in September 2021 with home affordability decreasing 12.9% year-to-date.

Tega Cay Real Estate Report: September 2021

Tega Cay, SC Real Estate Sales Report September 2021

Tega Cay, South Carolina remained a home seller’s market in September 2021. Tega Cay’s housing market experienced significantly lower inventory levels and days on market in the month of September, along with higher average and median home sale prices. Buyer demand for Tega Cay homes continued to outstrip supply of homes with new listings down. Buyer demand and lack of supply of homes show no signs of easing up.

Fort Mill Real Estate Report: September 2021

Fort Mill, SC Real Estate Sales Snapshot September 2021

Fort Mill’s housing market (29715 and 29708 zip codes) remained a home seller’s market in September 2021. Lower inventory and months supply of housing, fewer days on market, higher sale prices, higher list to sale price ratios all characterized the Fort Mill seller’s market in September. Inventory remains low and buyer demand has not abated.