Charlotte Region real estate market in August 2021 saw home sales increase 3.5% year-over-year and home prices increase 12.2% on average. Lack of inventory is limiting sales momentum with demand for homes outpacing supply of homes. Year-over-year, days on market dropped significantly in August 2021, as did the months supply of homes and overall inventory. All this kept the Charlotte region a home seller's market.
Charlotte Region real estate market in July 2021 saw home sales decrease 10.5% year-over-year, although sales were up 12.4% year-to-date. Lack of inventory is dampening sales momentum with demand for homes outpacing supply of homes. Days on market dropped significantly in July 2021, as did the months supply of homes and overall inventory.
Charlotte Region real estate market in June 2021 saw home sales up 5% year-over-year and 17% year-to-date. Charlotte's housing market has bounced back after pandemic-related lockdowns in Spring 2020, which put real estate activity on pause. June saw home prices increase, inventory, days on market, and pending sales decrease. Pent-up demand continues to fuel the Charlotte region housing market.
Charlotte Region real estate market in May 2021 saw continued strengthening. Charlotte's housing market has essentially bounced back after the pandemic-related lockdowns in April and May 2020, which put real estate activity on pause. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in May 2020. With so little inventory, one could say that it's on "life support" these days. Mecklenburg, Union, Lancaster, York and Gaston Counties in the Charlotte region essentially mirrored the overall housing market activity.
Charlotte Region real estate market in April 2021 saw continued strengthening. Charlotte's housing market has essentially bounced back after the pandemic-related lockdowns one year ago that put real estate activity on pause. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in April 2020. With so little inventory, one could say that it's on "life support" these days. Mecklenburg, Union, Lancaster, York and Gaston Counties in the Charlotte region essentially mirrored the overall housing market activity.
Charlotte Region real estate market in March 2021 saw continued strengthening in the greater Charlotte region housing market, despite the ongoing pandemic. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in March 2020. With so little inventory, one could almost say that it's on "life support" these days. Mecklenburg, Union, Lancaster, York and Gaston Counties in the Charlotte region essentially mirrored the overall housing market activity.
Charlotte Region real estate market in February 2021 saw a continued strengthening in the greater Charlotte region housing market, despite the ongoing pandemic. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in February 2020. With so little inventory, one could almost say that it's on "life support" these days. Mecklenburg, Union, Lancaster and York Counties in the Charlotte region essentially mirrored the overall housing market activity.
January 2021 saw a continued strengthening in the greater Charlotte region housing market, despite the ongoing pandemic. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in January 2020. Mecklenburg, Union, Lancaster and York Counties in the Charlotte region essentially mirrored the overall housing market activity.
December 2020 saw a continued strengthening in the greater Charlotte region housing market, despite the ongoing pandemic and what is normally a slower season due to the holidays. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in December 2019. Individual counties in the greater Charlotte region -- Mecklenburg, Union, Lancaster and York -- essentially mirrored the overall housing market activity.
November 2020 saw a continued strengthening in the greater Charlotte region housing market, despite the ongoing pandemic. Home prices continued to increase. Days on market, inventory, and months supply of homes were substantially lower than in November 2019. Individual counties in the greater Charlotte region -- Mecklenburg, Union, Lancaster and York -- essentially mirrored the overall housing market activity.
3440 Toringdon Way
Suite 110
Charlotte, NC 28277
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