Charlotte Region Real Estate Report: May 2022

Charlotte Region Housing Market Update May 2022

Charlotte Region real estate market in May 2022 saw home sales drop 7.3% year-over-year and home prices increase 17.3%, on average. Sales dropped for a fifth consecutive month due to higher home prices, interest rates, and lack of inventory. Year-over-year, days on market dropped in May 2022. 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 May 2022 with home affordability decreasing 23.0% year-over-year and 22.8% year-to-date.

Indian Trail, NC Real Estate Report: May 2022

Indian Trail/28079 Zip Code Home Sales Update May 2022

Indian Trail remained a home seller’s market in May2022 with both average and median home sale prices increasing 32.5% and 26%, respectively, over May 2021, setting new record highs for home sale prices. Homes continued to sell — quickly in 17 days on average. Sellers received 102.1% of list price in sale price.

Matthews Real Estate Report: May 2022

Matthews/28105 Zip Code Home Sales Update May 2022

Matthews real estate market remained a home seller’s market in May 2022. Low inventory increased average and median home prices by double digits, reduced days on market. Home sellers in the 28105 zip code saw a median 104.2% of list price in final sale price.

Charlotte Region Real Estate Report: April 2022

Charlotte Region Housing Market Overview April 2022

Charlotte Region real estate market in April 2022 saw home sales drop 10.8% year-over-year and home prices increase 18.7%, on average. Lack of inventory limited sales momentum with demand for homes continuing to outpace the supply of homes. Year-over-year, days on market dropped 23.8% in April 2022. 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 April 2022 with home affordability decreasing 22.5% year-over-year and 22.6% year-to-date.

Indian Trail, NC Real Estate Report: April 2022

Indian Trail, NC (28079 Zip Code) Home Sales Report April 2022

Indian Trail remained a home seller’s market in April 2022 with both average and median home sale prices increasing 30.1% and 27.5%, respectively, over April 2021. Pending sales were up, although closed sales were down despite an increase in new listings. Inventory was down 24.1% year-over-year, also despite an increase in new listings. Home sellers saw 102.2% of list price in final sale price in April.

Matthews Real Estate Report: April 2022

Matthews (28105 Zip Code) Housing Market Report For April 2022

Matthews (28105 zip code) housing market remained a home seller’s market in April 2022. Lack of inventory increased average and median home prices by double digits, setting new home price records, and negatively impacting closed and pending sales.

Luxury Homes Market Report For Charlotte Region: April 2022

Search For Luxury Homes In Charlotte Region

Charlotte luxury homes market in April 2022 saw continued demand for luxury homes with both median and average sale prices increasing year-over-year. Average and median days on market were down significantly year-over-year. Although new listings increased, inventory was down year-over-year and the months supply of homes was also down year-over-year. Homes sold as quickly as they came on the market. With just 2.1 months of inventory, the luxury segment of Charlotte’s housing market remained a seller’s market in the month of April.

Charlotte Region Real Estate Report: March 2022

Charlotte Region Housing Market Update For March 2022

Charlotte Region real estate market in March 2022 saw home sales drop 10.2% year-over-year and home prices increase 15.6%, on average. Lack of inventory limited sales momentum with demand for homes continuing to outpace the supply of homes. Year-over-year, days on market dropped 20% in March 2022. The months supply of homes and overall inventory were also down significantly year-over-year. All this kept the Charlotte region a home seller’s market in March 2022 with home affordability decreasing 16.3% year-over-year and 16.8% year-to-date.

Indian Trail, NC Real Estate Report: March 2022

Indian Trail/28079 Zip Code Real Estate Report March 2022

Indian Trail remained a home seller’s market in March 2022 with both average and median home sale prices increasing 39.5% and 34.4%, respectively over March 2021. Pending sales were up, although closed sales were flat despite an increase in new listings. Inventory was down 24% year-over-year, also despite an increase in new listings. Home sellers saw 101.2% of list price in final sale price in March.