Charlotte Region Real Estate Report: August 2020

Charlotte Region Housing Report August 2020

August 2020 saw a continued and solid strengthening in the housing market in the Charlotte region despite the ongoing pandemic and restrictions that have remained in place. Home prices continued to increase. Days on market, inventory, and months supply of homes were dramatically lower than in August 2019. See the August 2020 housing market updates for Mecklenburg, Union, Lancaster and York Counties.

Charlotte Region Luxury Housing Market Report: July 2020

Search For Luxury Homes In Charlotte Region

July 2020 year-to-date saw a continued and solid strengthening in the luxury housing market in the Charlotte region versus the same time frame in 2019, despite the ongoing pandemic. Home showings were up, home prices were up, inventory was down, months supply of homes were down, while closed and pending sales were up as were sale prices.

Charlotte Region Real Estate Report: July 2020

Charlotte Area Real Estate Update July 2020

July 2020 saw a continued and solid strengthening in the housing market in the Charlotte region despite the ongoing pandemic. Home showings were up, home prices were up, inventory was down dramatically, closed and pending sales were up. See the July 2020 housing market updates for Mecklenburg, Union, Lancaster and York Counties.

Charlotte Region Real Estate Report: June 2020

Charlotte Region Housing Market Snapshot June 2020

June 2020 saw a solid strengthening in the housing market in the Charlotte region despite the ongoing pandemic. Home showings were up, home prices were up, inventory was down dramatically, pending sales were up. Housing market snapshots for Mecklenburg, Union, Lancaster and York Counties.

Charlotte Region 2019 Housing Market Quick Facts

Charlotte region remained a seller’s market in 2019. Low inventory, fewer new listings, lower days on market all resulted in higher home sale prices and a lower affordability index. With a strong economy and low interest rates, demand for homes continues to outpace availability of homes for sale.

Charlotte Region Real Estate Report: July 2019

Charlotte Region Housing Market Snapshot July 2019

Charlotte, NC region real estate report and housing market snapshot for July 2019. Charlotte region remained a seller’s market in July 2019 with inventory remaining extremely tight, dropping 15.3% compared July 2018. Lack of inventory and new listings resulted in higher home list and sale prices year-over-year, year-to-date, and month-over-month. Closed sales were down slightly, but pending sales were up 15.9% year-over-year. The housing affordability index continued to decrease, as well. Months supply of homes remained very low at 2.3 months (down 14.8% year-over-year) and even lower for homes priced under $200,000. Year-to-date trends are all also showing higher home sale prices, higher sales, and tight inventory.

Charlotte Region Housing Update & Video: June 2019

Charlotte Region Housing Snapshot June 2019

June 2019 Charlotte region housing update + video. Charlotte region remained a seller’s market in June 2019 with inventory remaining extremely tight and dropping 14% compared with the same time period one year ago. Lack of inventory and new listings resulted in higher home list and sale prices year-over-year, year-to-date, and month-over-month. Closed sales were down, but pending sales were up 16.3% year-over-year. The housing affordability index continued to decrease, as well. Months supply of homes remained very low at 2.3 months and even lower for homes priced under $200,000. Year-to-date trends are all also showing increased prices, higher sales, and tight inventory.

Charlotte Region Housing Update & Video: May 2019

Charlotte Region Housing Market Snapshot May 2019

May 2019 Charlotte region housing update + video. Charlotte region remained a seller’s market in May 2019 with inventory remaining extremely tight and lower than one year ago, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were up slightly, but pending sales were up 17.3% year-over-year. The housing affordability index continued to decrease, as well. Months supply of homes remained very low at 2.3 months and even lower for homes priced under $200,000. Year-to-date trends are all also showing increased prices, higher sales, and tight inventory.

Charlotte Region Housing Update & Video: April 2019

Charlotte Region Housing Market Report April 2019

April 2019 Charlotte region housing update + video. Charlotte region remained a seller’s market in April 2019 with inventory remaining extremely tight and lower than one year ago, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were up slightly, but pending sales were up 11.1% year-over-year. The housing affordability index continued to decrease, as well. Months supply of homes remained very low at 2.2 months and even lower for homes priced under $200,000.

Charlotte Region Housing Update & Video: March 2019

Charlotte Region Housing Report March 2019

March 2019 Charlotte region housing update. Charlotte region remained a seller’s market in March 2019 with inventory remaining extremely tight, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were down, but pending sales were up 12.4% year-over-year. The housing affordability index continued to decrease, as well. Months supply of homes remained very low at 2.2 months and even lower for homes priced under $200,000. Average sale prices have increased each month this year to-date.