by Debe
CHARLOTTE MARKET UPDATE – NOV, 2019 October home sales continued to sizzle, rising by 10.8% year-over-year, with 4,284 homes sold. Sales rose by 2.9% compared to the previous month (September, 2019), with 122 more homes sold in October than in September. Pending sales figures still showed a huge push from home buyers in the region, rising by 25.9% over a year ago. Sellers across the city continued to flex their muscle, with the average list price rising to $330,490 year-over-year by 7.1%; list prices rose by 0.9% relative to September, 2019. Average and median sales prices rose 9.7% and 9.3% respectively. Original list-to-sales-price ratios rose 03% to 96.5%. For the second consecutive month, new residential listings increased by 5.9% with 5,122 homes listed in the month of October. Inventory will continue to pressure costs for the foreseeable future, falling 19.5% across the 16-county zone, leaving the area for sale with 9,094 homes and 2.1 months of inventory. Despite market conditions being largely unchanged, relative to Charlotte’s prime-selling […]
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by Debe
Myers Park Charlotte Real Estate Market Report November 2019 How’s the real estate market doing in Myers Park? One of our most popular & well-known communities in Charlotte, is Myers Park. The community continues to stand the test of time when it comes to housing appreciation. It’s 2019 and the Myers Park real estate market is at its normal state of desirability. Below is the […]
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