Luxury homes market in Charlotte Region in May saw home prices increase from May 2022 and from the previous month. Both pending and closed sales increased compared to one year ago. Median days on market were just four. Median list to sale price ratio was 100%. New and active listings increased compared with May 2022 and April 2023. On the whole, Charlotte Region’s luxury home market is more than holding its own.
Luxury homes market in Charlotte region in April saw closed sales decrease year-over-year, while closed sales increased month-over-month. Pending sales increased both year-over-year and month-over-month. Average sale price increased over April 2022. Average days on market increased from the same time last year, but decreased compared with March 2023. The months supply of inventory was up compared with March 2022. The list to sale price ratio stood at 100% in April 2023.
Luxury homes market in Charlotte region in March saw closed sales decrease year-over-year, while closed sales increased month-over-month. Pending sales increased both year-over-year and month-over-month. Average sale price increased over March 2022. Average days on market increased from the same time last year, but decreased compared with February 2023. The months supply of inventory was up compared with March 2022, but saw no change from February 2023 despite an increase in new listings.
Luxury homes market in Charlotte region saw closed and pending sales decrease significantly. At the same time, home prices increased year-over-year and month-over-month. Average days on market also increased, as did inventory. New listings decreased 74.1% year-over-year.
Luxury homes market in Charlotte region saw closed sale decrease, but pending sales increase year-over-year. Pending sales were also increased month-over-month. Months supply of homes stood at 2.4 months in January, up year-over-year, but down from December 2022. List to sale price ratio was 0.6% lower in January 2023 year-over-year, but 2.7% high compared with December 2022. Both average and median sale prices were down year-over-year and month-over-month.
Luxury homes market in Charlotte region saw closed and pending sales down year-over-year. However, closed sales were up month-over-month. Months supply of homes stood at 2.5 months in December and new listings were down significantly. List to sale price ratio continued to drop providing luxury home buyers an opportunity to negotiate on price.
Luxury homes market in Charlotte region continued to readjust to market shifts in recent months. Closed and pending sales were down year-over-year and month-over-month. Months supply of homes stood at 3 months in November. List to sale price ratio continued to drop providing luxury home buyers an opportunity to negotiate on price.
Charlotte luxury homes market in October 2022 continued to see solid demand for luxury homes with closed sales up year-over-year. Average and median sale prices were up year-over-year and month-over-month. Days on market were down. Inventory and new listings were up year-over-year, but new listings were down from September 2022.
Charlotte luxury homes market in September 2022 saw solid demand for luxury homes with both pending and closed sales up year-over-year, as were average and median sale prices. Despite an increase in inventory and new listings, sellers continued to see a list to sale price ratio of 100%. Month-over-month, pending sales were down, while closed sales were flat. Months supply of homes were at their lowest level in four months. Average and median days on market were up by three days year-over-year.
Charlotte luxury homes market in August 2022 saw solid demand for luxury homes with both pending and closed sales up year-over-year, as were average sale prices. Despite an increase in inventory and new listings, sellers received a higher list to sale price ratio of 100%. Month-over-month, pending and closed sales were down, months supply of homes were down slightly, average days on market were up, new listings were down.
