charlotte region real estate report

Charlotte Region Real Estate Report: September 2021

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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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Search For Luxury Homes In Charlotte Region

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

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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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Search For Luxury Homes In Charlotte Region

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.

Charlotte Region Real Estate Report: July 2021

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Charlotte Region July 2021 Housing Market Overview

Charlotte Region real estate market in July 2021 saw home sales decrease 10.5% year-over-year, although sales were up 12.4% year-to-date. Lack of inventory is dampening sales momentum with demand for homes outpacing supply of homes. Days on market dropped significantly in July 2021, as did the months supply of homes and overall inventory.

Charlotte Region Luxury Homes Market Report: July 2021

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Search For Luxury Homes In Charlotte Region

Charlotte region luxury home sales improved in July 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.

Charlotte Region Real Estate Report: June 2021

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Charlotte Region Housing Market Overview June 2021

Charlotte Region real estate market in June 2021 saw home sales up 5% year-over-year and 17% year-to-date. Charlotte’s housing market has bounced back after pandemic-related lockdowns in Spring 2020, which put real estate activity on pause. June saw home prices increase, inventory, days on market, and pending sales decrease. Pent-up demand continues to fuel the Charlotte region housing market.

Charlotte Region Luxury Homes Market Report: June 2021

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Search For Luxury Homes In Charlotte Region

Charlotte region luxury home sales maintained strong momentum in June 2021 with a huge 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.

Charlotte Region Real Estate Report: May 2021

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Charlotte Region May 2021 Housing Market Overview

Charlotte Region real estate market in May 2021 saw continued strengthening. Charlotte’s housing market has essentially bounced back after the pandemic-related lockdowns in April and May 2020, which put real estate activity on pause. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in May 2020. With so little inventory, one could say that it’s on “life support” these days. Mecklenburg, Union, Lancaster, York and Gaston Counties in the Charlotte region essentially mirrored the overall housing market activity.

Charlotte Region Luxury Homes Market Report: May 2021

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Search For Luxury Homes In Charlotte Region

Charlotte region luxury home sales maintained strong momentum in May 2021. Inventory and the months supply of single family luxury homes were significantly down, as were average and median days on market. Pending and closed sales were up significantly year-over-year. The luxury home market in Charlotte region is definitely a seller’s market compared with one year ago when it was more of a balanced market.