3 REASONS TO SELL YOUR HOME BEFORE SPRING IN GREATER CHARLOTTE
PAY NO ATTENTION TO THE GROUNDHOG!
The groundhog announced an early spring this morning! Don’t let the groundhog talk you into waiting until spring before selling your Greater Charlotte home! Don’t to wait till spring to sell. Here are 3 reasons to sell your home BEFORE spring.
- The months supply of inventory in the Charlotte region stands at just 2.1 months as of January 2024. As the graph below shows, inventory has been dropping for some months. Popular areas of the Charlotte region had even fewer months of inventory in January. As the graph below shows, inventory has been dropping for some months. Huntersville, Fort Mill, Matthews have 1.2 months of inventory. Ballantyne area has 0.4 months of inventory. Indian Land has 1.1 months of inventory. Waxhaw has 1.3 months of inventory, while the City of Charlotte has 1.4 months. With inventory below four months, you are in a home seller’s market. If you list your home before spring, you’ll be facing less competition than in the “traditional” spring market. Less competition generally means faster sales at higher prices.
2. Inventory of homes is also down. Inventory is down 91.% year-over-year in the Charlotte region as of January 2024 Again, if you list your home before spring, you’ll be facing less competition.
3.Homes are selling quickly. While increasing from recent years, the median days on market in the Charlotte region remain low at just 24 days, down 14.3% from the same time one year ago. Low inventory is causes homes to sell more quickly. And you can see how quickly homes are selling in the areas of the Charlotte region with the least amount of inventory. Median days on market for homes in Ballantyne area are 12 days; in Matthews they are 8 days; in Huntersville they are 11 days; in the City of Charlotte median days on market are 18 days.
Selling your home before spring, rather than waiting for increased competition in the spring, might make a lot of sense. The best time to sell is when there is the least competition. That assures you a better price and fewer hassles in the transaction. And don’t forget, winter buyers are truly motivated purchasers. They want to buy now.
Free Winter Home Seller Guide
If you’re seriously considering selling your Charlotte area home this winter, be sure to ask for our 2024 Winter Home Seller Guide: “Things To Consider When Selling Your House.” This free Seller Guide will answer many of your questions about selling your home this winter and likely bring up a few things you haven’t even thought about as yet.
WONDERING WHAT YOUR GREATER CHARLOTTE AREA HOME IS WORTH IN TODAY’S MARKET?
If you’re thinking about selling your home in the Charlotte region in Winter 2024, we can provide you with a free home equity analysis. What you don’t know can cost you time and money when it comes to selling your house. When you’re ready, call Nina Hollander at 704-779-0813 to discuss how we can help sell your house. We can help you sell your home at top dollar and at the best possible terms for you.
So no matter the groundhog’s prediction today, if you’re considering selling a home in the Greater Charlotte area, I’d love an opportunity to earn your business, to exceed your expectations, and to show you how:
“The Right Broker Makes All The Difference.”