From the category archives:

Charlotte Housing Market

Category for market reports

CHARLOTTE MARKET UPDATE – NOV, 2019

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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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Myers Park Charlotte Real Estate Market Report November 2019

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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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Highgrove Market Report NOVEMBER 2019 (South Charlotte)

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Highgrove Market Report NOVEMBER 2019   (South Charlotte) Charlotte, NC – Highgrove Neighborhood   Developed in the late 90′s and completed mid-2000 by Crescent Communities, the Highgrove neighborhood is situated in the core of South Charlotte’s Ballantyne Community.    Homes in the Highgrove neighborhood sell from roughly $675,000 to $1,300,000+ with heated living space in the vicinity of 3,000 and 7,000 square […]

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Market Report NOV 2019 – How’s the Real Estate Market in Providence Springs?

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Market Report NOV 2019 – How’s the Real Estate Market in Providence Springs?    Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market – low turnover year-after-year.  Some years, there are more relocation sellers than others and we are seeing a bit of a slow down in […]

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Housing Bubble? Not in Charlotte!

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Housing Bubble? Not in Charlotte! With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of thirteen years ago. There are four key metrics that explain why: Home […]

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Charlotte Housing Market Overview for September 2019

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Charlotte Housing Market Overview for September 2019 *Data provided by 2019 Canopy MLS and is thought to be accurate but, not guaranteed. Interest rates continue to linger at nearly historic lows as we delve into the year-over-year data from close of business, 9/30/2019. The low interest rates create a favorable and stable lending environment. With […]

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Market Report OCT 2019 – How’s the Real Estate Market in Providence Springs?

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Market Report OCT 2019 – How’s the Real Estate Market in Providence Springs?    Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market – low turnover year-after-year.  Some years, there are more relocation sellers than others and we are seeing a bit of a slow down in […]

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Homeowners Are Happy! Renters? Not So Much.

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Homeowners Are Happy! Renters? Not So Much. When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable.   In a recent survey, Bank of America asked homeowners: “Does owning […]

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Highgrove Market Report OCTOBER 2019 (South Charlotte)

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Highgrove Market Report OCTOBER 2019   (South Charlotte) Charlotte, NC – Highgrove Neighborhood   Developed in the late 90′s and completed mid-2000 by Crescent Communities, the Highgrove neighborhood is situated in the core of South Charlotte’s Ballantyne Community.    Homes in the Highgrove neighborhood sell from roughly $675,000 to $1,300,000+ with heated living space in the vicinity of 3,000 and 7,000 square feet […]

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The data relating to Charlotte NC Real Estate on this Web site derive from the Carolina Multiple Listing Services IDX datashare program. © 2019 Carolina Multiple Listing Services, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.

RE/MAX Executive
The Maxwell House Group
2901 Coltsgate Road Suite 100
Charlotte, NC 28211

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Cell: (704) 491-3310
Office: (704) 491-3310
Fax: (704) 353-7014

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Debe@ReMax.net

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