Luxury Homes Market Charlotte Region: August 2023

2023-09-22T07:38:47-04:00September 17, 2023|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , , |

Luxury homes market in Charlotte Region in July saw average and median home sale prices increase from July 2022, as well as from June 2023. Pending sales increased, while closed sales decreased. Median days on market were just seven. Median list to sale price ratio was 98.8%. New listings declined 20.9%. Inventory declined 8.4%. Months supply of inventory declined 0.4 months year-over-year to 3.1 months, keeping luxury home sellers in the "driver's seat" in the Charlotte region.

Luxury Homes Market Charlotte Region: July 2023

2023-08-30T11:49:07-04:00August 3, 2023|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , , |

Luxury homes market in Charlotte Region in July saw average and median home sale prices increase from July 2022, as well as from June 2023. Pending sales increased, while closed sales decreased. Median days on market were just seven. Median list to sale price ratio was 98.8%. New listings declined 20.9%. Inventory declined 8.4%. Months supply of inventory declined 0.4 months year-over-year to 3.1 months, keeping luxury home sellers in the "driver's seat" in the Charlotte region.

Luxury Homes Market Charlotte Region: June 2023

2023-08-30T11:49:17-04:00July 3, 2023|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , , |

Luxury homes market in Charlotte Region in June saw average home prices increase from June 2022. Pending sales increased, while closed sales decreased by 3%. Median days on market were just four. Median list to sale price ratio was 100%. New listings declined 15.2%. Inventory was up slightly at 3.4%. On the whole, Charlotte Region's luxury home market is more than holding its own.

Luxury Homes Market Charlotte Region: May 2023

2023-08-30T11:49:25-04:00June 2, 2023|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , |

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 Charlotte Region: April 2023

2023-08-30T11:49:34-04:00May 18, 2023|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , |

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 Charlotte Region: March 2023

2023-08-30T11:49:40-04:00April 5, 2023|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , |

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 Charlotte Region: February 2023

2023-08-30T11:49:52-04:00March 3, 2023|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , |

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 Charlotte Region: January 2023

2023-08-30T11:50:00-04:00February 8, 2023|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , |

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 Charlotte Region: December 2022

2023-08-30T11:50:09-04:00January 4, 2023|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , |

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 Charlotte Region: November 2022

2023-08-30T11:50:23-04:00December 4, 2022|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Selling a Home|Tags: , , , , , , , , , , , , , , , , , |

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.

Go to Top