Charlotte Region Luxury Homes Market Report: March 2022

2022-04-08T13:58:08-04:00April 8, 2022|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , , , , , , , |

Charlotte luxury homes market in March 2022 saw continued demand for luxury homes with both median and average sale prices increasing year-over-year and month-over-month. Average and median days on market were down significantly year-over-year. Although new listings increased, inventory was down year-over-year and the months supply of homes was also down year-over-year. Homes sold as quickly as they came on the market.With just 1.9 months of inventory, the luxury segment of Charlotte's housing market remained a seller's market in the month of March.

Charlotte Region Luxury Homes Market Report: February 2022

2022-03-04T12:28:34-04:00March 4, 2022|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , , , , , , , |

Charlotte luxury homes market in February 2022 saw continued demand for luxury homes with an increase in closed and pending sales and average sale price year-over-year. Average and median days on market were down significantly year-over-year. New listings increased slightly, inventory was down year-over-year and the months supply of homes was also down year-over-year. With just 2.7 months of inventory, the luxury segment of Charlotte's housing market remained a seller's market in the month of February.

Charlotte Region Real Estate Report: January 2022

2022-02-16T18:31:49-04:00February 16, 2022|Categories: Buying a Home, Housing Market Reports/Updates, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , |

Charlotte Region real estate market in January 2022 saw home sales decrease slightly by 0.7% year-over-year and home prices increase 15.8%, on average. Lack of inventory is limiting sales momentum with demand for homes continuing to outpace the supply of homes. Year-over-year, days on market dropped 14.8% in January 2022. The months supply of homes and overall inventory were also down significantly year-over-year. All this kept the Charlotte region a home seller's market in January 2022 with home affordability decreasing 18.2% year-over-year.

Charlotte Region Luxury Homes Market Report: January 2022

2022-02-08T13:26:52-04:00February 8, 2022|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , , , , , , , , , , |

Charlotte luxury homes market in January saw continued demand for luxury homes with an increase in closed and pending sales and average sale price year-over-year. Average and median days on market were down significantly year-over-year. New listings barely increased, inventory was down year-over-year and the months supply of homes was also down year-over-year and month-over-month. With just 1.1 months of inventory, the luxury segment of Charlotte's housing market remained a seller's market in the month of January.

Charlotte Region 2021 Real Estate Market

2022-01-15T15:14:35-04:00January 15, 2022|Categories: Buying a Home, Housing Market Reports/Updates, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , , |

Charlotte region's real estate market in 2021 saw home sales reach their highest-ever levels. Average and median sale prices increased 15.5% and 16.1% respectively. Closed sales increased 8.2% year-over-year. Days on market dropped to just 19 days and inventory remained low at year-end. Charlotte region remained a home seller's market throughout the year.

Charlotte Region Luxury Homes Market Report: December 2021

2022-01-09T17:37:39-04:00January 9, 2022|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , , , , , , , , |

Charlotte luxury homes market in December 2021 saw continued demand for luxury homes with an increase in closed and pending sales and average sale price year-over-year. Average and median days on market were down significantly year-over-year. While new listings increased, inventory was down year-over-year and the months supply of homes was also down year-over-year and month-over-month. With just 1.2 months of inventory, the luxury segment of Charlotte's housing market remained a seller's market in the month of December.

Charlotte Region Real Estate Report: November 2021

2021-12-22T10:26:23-04:00December 22, 2021|Categories: Buying a Home, Housing Market Reports/Updates, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , , |

Charlotte Region real estate market in November 2021 saw home sales increase slightly by 2.1% year-over-year and home prices increase 17.4%, on average. Lack of inventory is limiting sales momentum with demand for homes outpacing supply of homes. Year-over-year, days on market dropped 23.1% in November 2021. The months supply of homes and overall inventory were also down year-over-year. All this kept the Charlotte region a home seller's market in November 2021 with home affordability decreasing 17.5% year-to-date.

Charlotte Region Luxury Homes Market Report: November 2021

2021-12-05T12:32:11-04:00December 5, 2021|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , , , , , , , , |

Charlotte region luxury home sales in November 2021 saw continued demand for luxury homes with an increase in closed and pending sales and average sale price year-over-year. Average and median days on market were down significantly year-over-year. While new listings increased, inventory was down year-over-year and the months supply of homes was also down year-over-year and month-over-month. With just 1.5 months of inventory, the luxury segment of Charlotte's housing market remained a seller's market.

Charlotte Region Real Estate Report: October 2021

2021-11-13T11:16:14-04:00November 13, 2021|Categories: Buying a Home, Housing Market Reports/Updates, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , , |

Charlotte Region real estate market in October 2021 saw home sales decrease 5.3% year-over-year and home prices increase 9.7% on average. Lack of inventory is limiting sales momentum with demand for homes outpacing supply of homes. Year-over-year, days on market dropped 34.6% in October 2021. The months supply of homes and overall inventory were also down year-over-year. All this kept the Charlotte region a home seller's market in October 2021 with home affordability decreasing 12.9% year-to-date.

Charlotte Region Luxury Homes Market Report: October 2021

2021-11-07T13:27:54-04:00November 7, 2021|Categories: Buying a Home, Housing Market Reports/Updates, Luxury Homes, NC Region, Owning A Home, Selling a Home|Tags: , , , , , , , , , , , , , , , , , , , , |

Charlotte region luxury home sales in October 2021 saw continued demand for luxury homes with an increase in both pending sales and average sale price year-over-year. Average and median days on market were down significantly year-over-year. While new listings increased, inventory was down year-over-year and the months supply of homes was also down year-over-year and month-over-month. With less than two months of inventory, the luxury segment of Charlotte's housing market remains a seller's market.

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