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Charlotte Region Real Estate Report: July 2019

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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

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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

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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

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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

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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.

Charlotte Region Housing Update & Video: February 2019

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Charlotte Region Housing Report February 2019

February 2019 Charlotte region housing update. Charlotte region remained a seller’s market in February 2019 with inventory remaining tight, resulting in higher home list and sale prices due to continued high buyer demand. Closed sales were down slightly, but pending sales up 12.4%. Days on market were also down as compared with one year ago. The housing affordability index continues to decrease, as well. Months supply of homes is very low at 2.1 months, but even lower for homes priced under $200,000.

Charlotte Region Housing Update & Video: January 2019

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Charlotte Region Housing Market Update January 2019

January 2019 Charlotte region housing update. Charlotte region remained a seller’s market in January 2019 with inventory remaining tight, resulting in higher home list and sale prices due to continued high buyer demand, although the price increases are not quite as high as in previous months and last year. Closed sales were down, but pending sales up. Days on market were also down. The housing affordability index continues to decrease, as well.

Charlotte Region Housing Update & Video: December 2018

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Charlotte Region Housing Market December 2018

December 2018 Charlotte region housing update. Charlotte region remained a seller’s market in December 2018 with inventory remaining tight, resulting in higher home list and sale prices due to continued high buyer demand, although the price increases are not quite as high as in previous months and last year.

Charlotte Region Housing Update & Video: November 2018

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November 2018 Charlotte region housing update. Charlotte region remained a seller’s market in November 2018 with inventory remaining tight and resulting in higher home list and sale prices, coupled with shorter days on market, especially for affordable homes. Closed sales were down in November, but pending sales were up.