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 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 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 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 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 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 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 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 real estate market in April 2021 saw continued strengthening. Charlotte’s housing market has essentially bounced back after the pandemic-related lockdowns one year ago that 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 April 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 real estate market in March 2021 saw continued strengthening in the greater Charlotte region housing market, despite the ongoing pandemic. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in March 2020. With so little inventory, one could almost 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.
