Carter Group Realtors April Charlotte Real Estate Market Report
The number of homes for sale has generally remained lower compared to a year ago, and prices have been steadily rising in our desirable neighborhoods where homes show well.
New Listings in the Charlotte region increased 2.6 percent to 5,721. Pending Sales were up 21.1 percent to 5,160. Inventory levels fell 26.6 percent to 10,513 units.
Prices continued to gain traction. The Median Sales Price increased 6.3 percent to $202,000. List to Close was down 4.2 percent to 113 days. Sellers were encouraged as Months Supply of Homes for Sale was down 34.1 percent to 2.9 months.
Data Source: Charlotte Regional Realtor Association
For more information and helpful tips on buying in the Charlotte real estate market download our free guide.
There have been no striking changes to curtail what should be a decent run of home sales over the next several months. Mortgage rates have remained wonderfully low so if you choose that now is the time to buy, or know a friend or family member who is thinking about buying, I am always here to help.
Chris Carter 704-619-8594
Charlotte Neighbors Choose Chris Carter Top Five Star Realtor
Chris Carter is a licenced CPA and Broker/Owner of Carter Group Realtors. His goal is to educate Charlotte homebuyers and home sellers with up-to-date data local Charlotte and Concord real estate market trends so they can make smart housing choices and get the most house for your money.
Local Charlotte and Concord Neighborhoods Home Prices and Values: Dilworth • Myers Park • Uptown • Elizabeth • NoDa • Madison Park • SouthPark • Chantilly • Kings Crossing • Carriage Downs • Historic Downtown Concord • Laurel Park • Harrisburg