Luxury Homes Market Report For Charlotte Region: April 2022

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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.

Charlotte Region Luxury Homes Market Report: March 2022

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Charlotte luxury homes market in March 2022 saw continued demand for luxury homes with both median and average sale prices increasing year-over-year and month-over-month. 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 1.9 months of inventory, the luxury segment of Charlotte’s housing market remained a seller’s market in the month of March.

Charlotte Region Luxury Homes Market Report: February 2022

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Charlotte luxury homes market in February 2022 saw continued demand for luxury homes with an increase in closed and pending sales and average sale price year-over-year. Average and median days on market were down significantly year-over-year. New listings increased slightly, inventory was down year-over-year and the months supply of homes was also down year-over-year. With just 2.7 months of inventory, the luxury segment of Charlotte’s housing market remained a seller’s market in the month of February.

Charlotte Region Luxury Homes Market Report: January 2022

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Charlotte luxury homes market in January saw continued demand for luxury homes with an increase in closed and pending sales and average sale price year-over-year. Average and median days on market were down significantly year-over-year. New listings barely increased, inventory was down year-over-year and the months supply of homes was also down year-over-year and month-over-month. With just 1.1 months of inventory, the luxury segment of Charlotte’s housing market remained a seller’s market in the month of January.

Charlotte Region Luxury Homes Market Report: December 2021

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Charlotte luxury homes market in December 2021 saw continued demand for luxury homes with an increase in closed and 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 just 1.2 months of inventory, the luxury segment of Charlotte’s housing market remained a seller’s market in the month of December.

Charlotte Region Luxury Homes Market Report: November 2021

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Charlotte region luxury home sales in November 2021 saw continued demand for luxury homes with an increase in closed and 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 just 1.5 months of inventory, the luxury segment of Charlotte’s housing market remained a seller’s market.

Charlotte Region Luxury Homes Market Report: October 2021

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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.

Charlotte Region Luxury Homes Market Report: September 2021

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Charlotte region luxury home sales improved in September 2021 with an increase in closed sales year-over-year. Inventory and the months supply of single family luxury homes were down, as were average and median days on market. The luxury home market in Charlotte region remains a seller’s market compared with one year ago when it was more of a balanced market based on the months supply of luxury homes.

Charlotte Region Luxury Homes Market Report: August 2021

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Charlotte region luxury home sales improved in August 2021 with a significant increase in closed sales. Inventory and the months supply of single family luxury homes were significantly down, as were average and median days on market. The luxury home market in Charlotte region remains a seller’s market compared with one year ago when it was more of a balanced market based on the months supply of luxury homes.