Charlotte Luxury Homes Market December 2020

 

Latest news on Charlotte Region’s luxury housing market in December 2020 and what it means for you…

 

Charlotte Region’s luxury homes real estate market continued to strengthen in December 2020 compared with December 2019, despite the ongoing pandemic. For homes priced above $750,000, the Charlotte region saw both higher pending and closed sales, in spite of a 33.2% decline in inventory.  Days on market, both average and median, also were down year-over-year, as was the months supply of inventory. Luxury home sellers continued to see a higher sale price as a percent of listing price, as well.

 

 

 

 

Luxury Housing Market Snapshot: Charlotte Region December 2020:

• Homes Sold: 228 in December 2020, up 75.4%, versus 130 in December 2019
• Pending Sales: 132 in December 2020, up 67.1% versus 79 in December 2019
• New Listings: up 32.3% to 131 in December 2020 versus 99 in December 2019
• Inventory of Homes: down 33.2% to 516 in December 2020 versus 772 in December 2019
• Months Supply of Homes:  down 46.8% with 2.5 months supply of homes in December 2020 versus 4.7 months supply in December 2019
• Average Days on Market: 51 days in December 2020 versus 72 days in December 2019 
• Median Days on Market: 23 days in December 2020 versus 34 days in December 2019
• Average Sale Price: up 15.4% to $1,243,237 in December 2020 versus $1,077,229 in December 2019
• Median Sale Price: up 12.8% to $1,037,722 in December 2020 versus $925,000 in December 2019
• Median % Of List Price Received: up 1.5% to 97.5% in December 2020 versus 96.1% in December 2019

 

 

Want to know what this would mean for your family if you decide to buy or sell a Charlotte region luxury home?

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MEDIAN SALE PRICE TRENDS FOR LUXURY HOMES IN THE CHARLOTTE REGION

 

  

 

LOOKING FOR YOUR LUXURY DREAM HOME IN THE CHARLOTTE AREA? 

 

FREE Home Buyer Guide: “Things To Consider When Buying A Home”

 

BUYERS ARE FINDING MORE SPACE IN THE LUXURY HOME MARKET

 

 WONDERING WHAT YOUR GREATER CHARLOTTE HOME IS WORTH IN TODAY’S MARKET? 

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SEARCH GREATER CHARLOTTE AREA HOMES FOR SALE 

 

 

This Charlotte region luxury housing market December 2020 update is provided  by  Nina Hollander with Coldwell Banker Realty, Greater Charlotte residential real estate expert serving Charlotte area luxury home buyers and sellers since 1999.

 

If you’re considering selling or purchasing a luxury home in the Charlotte region, I’d love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:

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