Charlotte Region 2021 Real Estate Market

Charlotte Region 2021 Real Estate Report

Charlotte region’s real estate market in 2021 saw home sales reach their highest-ever levels. Average and median sale prices increased 15.5% and 16.1% respectively. Closed sales increased 8.2% year-over-year. Days on market dropped to just 19 days and inventory remained low at year-end. Charlotte region remained a home seller’s market throughout the year.

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 Real Estate Report: November 2021

Housing Market Overview For Charlotte Region November 2021

Charlotte Region real estate market in November 2021 saw home sales increase slightly by 2.1% year-over-year and home prices increase 17.4%, on average. Lack of inventory is limiting sales momentum with demand for homes outpacing supply of homes. Year-over-year, days on market dropped 23.1% in November 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 November 2021 with home affordability decreasing 17.5% year-to-date.

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 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.

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 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.

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 Real Estate Report: August 2021

Charlotte Region Housing Market Overview August 2021

Charlotte Region real estate market in August 2021 saw home sales increase 3.5% year-over-year and home prices increase 12.2% on average. Lack of inventory is limiting sales momentum with demand for homes outpacing supply of homes. Year-over-year, days on market dropped significantly in August 2021, as did the months supply of homes and overall inventory. All this kept the Charlotte region a home seller’s market.

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.