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Charlotte Home Prices Have Appreciated 7.4% in 2018

Charlotte Home Prices Have Appreciated 7.4% in 2018

 

Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% nationwide, according to the Home Price Expectation Survey. Currently, Charlotte is holding at 7.4%, about 1/2% above the national average.

 

Charlotte's Average Historic Sales Prices (2004 to current) - Click to view the interactive graphic.

Charlotte Average Sales Prices

 

Every month, CoreLogic release the results of their Home Price Insights Report, which includes the actual year-over-year change in national prices and their predictions for the following year.

 

According to their predictions, the average appreciation over the course of 2018 should be 4.8%, which is greater than the national appreciation average of 3.6%.

 

What does this mean?

 

The 2018 real estate market is one of low inventory, high demand and rising prices. The forces currently at work can be simply explained with the theory of supply and demand. However, if a large supply of inventory were to hit the market, prices will start to appreciate closer to the forecasted rate, still greater than the historic norm!

 

 


 

Bottom Line

If you are a Charlotte homeowner thinking of selling, now may be a great time to list your home and capitalize on the equity you have in your home, giving you a solid down payment on your next home!

 



SELLERS  

If you're thinking of selling your Charlotte homelet's talk! As with everything in life, preparation is key and I will equip you with what you'll need to get you, as seamlessly as possible, through the home-selling process. 
Call or text (704) 491-3310

*References from any of our sellers are available upon request.  Read our reviews at www.CharlotteRealEstateAgentReviews.com

Hiring the RIGHT Charlotte Realtor® is critical to your home selling success too!

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Charlotte Home Prices Have Appreciated 7.4% in 2018

 

     

Charlotte Real Estate Team - The Maxwell House Group

 

  Charlotte NC Homes for Sale

 (THE best Charlotte home search available - no kidding!)

Charlotte NC Real Estate Agents 

 

Charlotte CRS Agent


Debe Maxwell, Realtor®/Broker/CRS

RE/MAX Executive

CharlotteBroker@icloud.com
Direct:  (704) 491-3310

 

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Comment balloon 3 commentsDebe Maxwell, CRS • September 16 2018 05:32PM
Charlotte Home Prices Have Appreciated 7. 4% in 2018
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