Charlotte Real Estate and More

head_left_image

Charlotte NC Real Estate Market Update - FEB 2020

Charlotte NC Real Estate Market Update - FEB 2020

 

CHARLOTTE, NC – Home sales in Charlotte continued their positive run in January with 2,835 homes sold, a 6.8% year-over-year increase. While sales in January were positive, the reduced inventory pushed the number os sales lower than the previous month by 28/1%. 

 

We continue to experience strong buyer demand with pending sales up 26.7% year-over-year. Pending sales were up 48.9% more than the month of December’s pending sales.

Charlotte NC February 2020 Real Estate Market Update

 

Prices continued to rise due to increasingly tight inventory with both the average ($297,821) and median($252,000) sales prices increasing 10.4% year-over-year. The list-to-sales price for the month of January, 2020 was 96.1%.

 

Despite the incredibly strong sellers market, sellers who prepare their homes properly do sell a lot faster than the average days on the market (the average number of days on the market were 47 last month). As well, buyers need to be educated as to our extremely tight inventory and being armed with a strong pre-approval letter is more important now than in any market. 

 

Thinking of buying or selling real estate in Charlotte? Let’s talk! Call or text me at (704) 491-3310. 

 

 

© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com | Charlotte NC Real Estate Market Update - FEB 2020

The Maxwell House Group Charlotte NC

 

  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

 

               Search Charlotte Neighborhoods      Search Charlotte Homes for Sale       Relocate to Charlotte NC

                               Things to do in Charlotte NC     Charlotte Real Estate Information

          

Charlotte Real Estate on Pinterest  FacebookFollow me on TwitterYou Tube  Connect with me on LinkedInSubscribe to my RSS feedCharlotte Real Estate on Pinterest

subscribe to my Active Rain BlogEmail meSearch Charlotte NC MLS

Disclosure of material contained within

Get Charlotte's Best Home Search App
Download Charlotte's hottest new app for up-to-the-minute listings and the most accurate neighborhood information available on the web!

DOWNLOAD CHARLOTTE PROPERTIES AT THE APP STORE

GET THE CHARLOTTE PROPERTIES APP AT GOOGLE PLAY
Comment balloon 9 commentsDebe Maxwell, CRS • February 19 2020 05:54AM
Charlotte NC Real Estate Market Update - FEB 2020
share
Charlotte NC Real Estate Market Update - FEB 2020 CHARLOTTE, NC – Home sales in Charlotte continued their positive run in January with 2, 835 homes sold, a 6. 8% year-over-year increase. While sales in January were positive, the reduced inventory… more
Creekshire Estates Market Report FEB 2020 (Steele Creek)
share
Creekshire Estates Market Report FEB 2020 (Steele Creek) Even with the cooler temperatures, Creekshire Estates residents are still enjoying the fabulous community. Residents are out and about in the community, celebrating with heightened… more
Barclay Downs - A SouthPark Community - Market Update FEB 2020
share
Popular SouthPark Neighborhood Market Update FEB 2020 Barclay Downs - A SouthPark Community - Market Report FEB 2020 How's the Market in Barclay Downs? BARCLAY DOWNS SOUTHPARK CHARLOTTE : SouthPark, once part of a 3, 000-acre farm owned by N. C… more
Ballantyne – Blakeney Neighborhood Market Update FEB 2020 – MITCHELL…
share
Ballantyne – Blakeney Neighborhood Market Update FEB 2020 – MITCHELL GLEN Popular South Charlotte neighborhood in top-ranked school zone offers amenities with LOW HOA DUES. Amenities include recreation area, playground and pond. Sales in Mitchell… more
Charlotte Market Update - FEB 2020 - UPTOWN - Fifth & Poplar
share
Charlotte Market Update - FEB 2020 - UPTOWN - Fifth & Poplar Fifth & Poplar couldn't be more conveniently located. Sitting on the west side of Uptown in the Fourth Ward many of the units in the complex have sweeping views of Uptown… more
Beverly Woods Market Report FEB 2020 (SouthPark Neighborhood)
share
Beverly Woods Market Report FEB 2020 (SouthPark Neighborhood) Beverly Woods ( SouthPark Neighborhood ) Market Report is reflective of just how popular this community really is. There's just no community in Charlotte like it! The Beverly Woods… more
Highgrove Market Report FEBRUARY 2020 (South Charlotte)
share
Highgrove Market Report FEBRUARY 2020 (South Charlotte) Charlotte, NC - Highgrove Neighborhood Developed in the late 90's and completed mid-2000 by Crescent Communities, the Highgrove neighborhood is situated in the core of South Charlotte's… more
Market Report FEB 2020 - How's the Real Estate Market in Providence…
share
Market Report FEB 2020 - How's the Real Estate Market in Providence Springs? Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market - low turnover year-after-year. Some years… more
How is the Housing Market in Madison Park? FEB, 2020
share
How is the Housing Market in Madison Park? FEB, 2020 One of the most popular local communities and consistently in the top sales in the Charlotte area, Madison Park's wide streets, sidewalks and enormous, mature oak trees are just the tip of the… more
Fort Mill, SC Market Report | FEB 2020
share
Fort Mill, SC Market Report | FEB 2020 Fort Mill continues to be one of the Metro region's busiest real estate markets. Charlotte, being right on the state line of North and South Carolina, borders this popular South Carolina town. A Fort Mill… more