Charlotte Housing Market Overview for September 2019

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by Debe on October 13, 2019

in Charlotte Home Buyers,Charlotte Home Sellers,Charlotte Housing Market

Charlotte Housing Market Overview for September 2019

Charlotte September Housing Report 2019 - Call for your neighborhood analysis today

*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 motivated buyers moving to the region and seeing Charlotte as a highly desirable place to live & work, sales should continue to be steady as we begin Q4, 2019.

Charlotte remains in a strong seller’s market through September, as average sales prices rose 6.8% year-over-year, to $300,175.  There is a 2.2 month supply throughout the region with a reduction of inventory (9,272 listings) of 19% year-over-year.

Finally, housing sales rose 8.3% year-over-year in September this year and pending sales are 37.6% higher than at the same point in 2018, fueled, in part, to lower mortgage interest rates.

Need more specific information on your local neighborhood market or more specifically, your home? Let’s talk! Call or text (704) 491-3310 today.

© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | | Charlotte Housing Market Overview for September 2019

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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. © 2022 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

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

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