Charlotte Region Real Estate Report: April 2022

Charlotte Region Housing Market Overview April 2022

Charlotte Region real estate market in April 2022 saw home sales drop 10.8% year-over-year and home prices increase 18.7%, on average. Lack of inventory limited sales momentum with demand for homes continuing to outpace the supply of homes. Year-over-year, days on market dropped 23.8% in April 2022. 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 April 2022 with home affordability decreasing 22.5% year-over-year and 22.6% year-to-date.

Tega Cay Real Estate Report: April 2022

Tega Cay, SC Real Estate Report For April 2022

Tega Cay, South Carolina remained a home seller’s market in April 2022. Tega Cay’s housing market experienced significantly lower inventory levels, which dropped more than 51% . The months supply of inventory was just 0.5 months. Buyer demand for Tega Cay homes continued to outstrip supply of homes increasing home prices to new record highs. Buyer demand and lack of supply of homes show no signs of easing up in Tega Cay.

Fort Mill Real Estate Report: April 2022

Fort Mill, SC Home Sales Update For April 2022

Fort Mill’s housing market (29715 and 29708 zip codes) remained a home seller’s market in April 2022, setting new records for home prices. Lower inventory and months supply of housing, higher sale prices, higher list to sale price ratios, fewer sales all characterized the Fort Mill seller’s market in April. Buyer demand for homes in Fort Mill has not abated despite the lack of inventory and increasing interest rates.

Indian Land Real Estate Report: April 2022

Indian Land (29707 Zip Code) Home Sales Report April 2022

Indian Land, South Carolina housing market remained a seller’s market in April 2022. Indian Land home prices set new records in April 2022 with average home prices up 30.2%. Inventory remained tight at 0.7 months supply. Home sellers received 102.7% of asking price in final sale price.

Indian Trail, NC Real Estate Report: April 2022

Indian Trail, NC (28079 Zip Code) Home Sales Report April 2022

Indian Trail remained a home seller’s market in April 2022 with both average and median home sale prices increasing 30.1% and 27.5%, respectively, over April 2021. Pending sales were up, although closed sales were down despite an increase in new listings. Inventory was down 24.1% year-over-year, also despite an increase in new listings. Home sellers saw 102.2% of list price in final sale price in April.

Matthews Real Estate Report: April 2022

Matthews (28105 Zip Code) Housing Market Report For April 2022

Matthews (28105 zip code) housing market remained a home seller’s market in April 2022. Lack of inventory increased average and median home prices by double digits, setting new home price records, and negatively impacting closed and pending sales.

Waxhaw Real Estate Report: April 2022

Waxhaw, Weddington, Marvin Home Sales Update April 2022

The Waxhaw area housing market remained a home seller’s market in April 2022 with continued significant decreases in inventory and new construction. With 47.6% less inventory year-over-year and no decrease in buyer demand, days on market were down, while average home prices rose 36.7%. Both closed and pending sales were down due to the lack of inventory and new listings.

Ballantyne Real Estate Report: April 2022

Ballantyne/28277 Zip Code Home Sales Report For April 2022

Ballantyne remained a home seller’s market in April 2022. Months supply of inventory was down 42.9% compared with April 2021 with just a 0.4 months supply of homes. Housing inventory was down 48.4% year-over-year, resulting in just five average days on market, much higher home prices, and sellers receiving a median 105.9% of list price in sale price. Ballantyne area’s inventory is at historic lows, resulting in lower closed and pending sales.

Luxury Homes Market Report For Charlotte Region: April 2022

Search For Luxury Homes In Charlotte Region

Charlotte luxury homes market in April 2022 saw continued demand for luxury homes with both median and average sale prices increasing year-over-year. Average and median days on market were down significantly year-over-year. Although new listings increased, inventory was down year-over-year and the months supply of homes was also down year-over-year. Homes sold as quickly as they came on the market. With just 2.1 months of inventory, the luxury segment of Charlotte’s housing market remained a seller’s market in the month of April.

Tega Cay Real Estate Report: March 2022

Tega Cay, SC Real Estate Update For March 2022

Tega Cay, South Carolina remained a home seller’s market in March 2022. Tega Cay’s housing market experienced significantly lower inventory levels, which dropped more than 78% . The months supply of inventory was just 0.3 months. Buyer demand for Tega Cay homes continued to outstrip supply of homes increasing home prices. Buyer demand and lack of supply of homes show no signs of easing up in Tega Cay.