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.

Charlotte Region Real Estate Report: February 2022

Charlotte Region Home Sales Report For February 2022

Charlotte Region real estate market in February 2022 saw home sales decrease by 1.6% year-over-year and home prices increase 19.6%, on average. Lack of inventory is limiting sales momentum with demand for homes continuing to outpace the supply of homes. Year-over-year, days on market dropped 28.1% in February 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 February 2022 with home affordability decreasing 16.8% year-over-year and 17.5% year-to-date.

Charlotte Region Real Estate Report: January 2022

Charlotte Housing Market In January 2022

Charlotte Region real estate market in January 2022 saw home sales decrease slightly by 0.7% year-over-year and home prices increase 15.8%, on average. Lack of inventory is limiting sales momentum with demand for homes continuing to outpace the supply of homes. Year-over-year, days on market dropped 14.8% in January 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 January 2022 with home affordability decreasing 18.2% year-over-year.

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 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 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 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.