Charlotte Real Estate September 2019

Charlotte Market Data Overall SEPTEMBER 2019

Overall data for the Charlotte real estate market from the Charlotte Monthly Indicators Report

NEW LISTINGS	PENDING SALES	CLOSED SALES	STRONGEST PROPERTY TYPE
4,886	4,560	4,162	Single Family

AVERAGE LIST PRICE	AVERAGE SALES PRICE	MEDIAN SALES PRICE	% SELLING PRICE RECEIVED	AVG DAYS ON MARKET
$327,505	$300,175	$259,479	96.8%	39

September 2019 Overview

The housing market begins its annual cool down once the school year begins. Buyer and seller activity remains strong, powered by low mortgage rates and a strong economy. Market experts predict no significant changes from recent trends other than the seasonally pace we generally see this time of year. As we move towards the final of 2019, buyers will find fewer homes coming on the market, but also less competition for those homes.

New Listings were up in the Charlotte region by 12.1 percent to 4,886. Pending Sales increased 37.6 percent to 4,560. Inventory shrank 19.0 percent to 9,272 units. Prices continue to move higher as Median Sales Prices increased 10.4 percent to $259,479 and Months Supply of Homes for Sale is down 21.4 percent to 2.2 months supply.

Recent Single Family Home Sales in Charlotte NC

View the most recent single family homes sold in Charlotte, NC in the last 3 days.

Beautiful land, convenient and situated on Plaza Rd Extension adjacent to I-485. 1.4 acres with brick ranch. The home has 3 bedrooms and 2 full baths home on it now. Sellers wish to sell the property as developable land. Home is being sold as-is, where-is. The property is currently zoned R120 and is served by Reedy Creek Elementary School, Northridge Middle School, and Rocky River High School. Property is also listed as Land in MLS (3853004) Showings by appointment only - 48 hr notice required.

$271,000 Closed

11810 Plaza Road Extension Charlotte, North Carolina

3 Beds 2 Baths 1,535 SqFt 1.400 Acres

This is the Executive home in the location you have been looking for! Just minutes from neighborhood schools, Ballantyne and I-485, getting where you want to be is a breeze! The wooded, cul-de-sac lot gives you the privacy you want and you are just a block or so from the community amenities. The layout of this home is perfect for entertaining and offers multiple living areas to allow for together or quiet time. This full brick home offers the most desirable features: 2 story Foyer, Office/Den/Study, Formal Dining, Butler's Pantry, Family Room open to informal dining and Kitchen, first floor Laundry Room, 2 Pantries. Spacious Owner's Suite has trey ceiling, ensuite bath with double vanity, garden tub, shower. Bonus/Rec Rooms on the 2nd and 3rd floor. Enjoy outdoor Southern living from the paver patio and 16'x18' screened porch. Extensive landscaping with full irrigation. Int. repaint, lower HVAC 2019, Roof 2015. New granite kitchen countertops and tile backsplash.

$825,000 Closed

10213 Hazelview Drive 19 Charlotte, North Carolina

4 Beds 4 Baths 4,332 SqFt 0.410 Acres

Freshly painted home in the well-established, quiet Sweetbriar neighborhood. Conveniently located near all the interstates, this home has an open floor plan that is ideal for gathering and entertaining. Entering the home, you will find the formal dining room that is outfitted with columns and wainscot molding. The kitchen has stainless-steel appliances, beautiful granite countertops, and a glass backsplash. The wrap-around bar top opens to the breakfast and family room with a gas fireplace, 9 ft. soaring ceilings, and crown molding. The first floor of this home also has a bedroom and full bath. On the second floor, you will find a spacious primary bedroom suite with a tray ceiling, a walk-in closet, and a bathroom with a garden tub and separate shower. Also, on the second floor are two secondary bedrooms, large laundry, and a spacious sun-soaked loft. Equipped with a covered front porch and a large fenced-in backyard with a patio, this home has plenty to offer.

$444,116 Closed

11731 Sweetbriar Ridge Drive Charlotte, North Carolina

4 Beds 3 Baths 2,433 SqFt 0.190 Acres

Imagine living your best life at Tremont Station. This luxury townhome community is located in the vibrant and highly desirable South End area. Tremont Station is an ideal setting for the energetic, innovative, and diverse lifestyle you’re looking for. As a homeowner, you will enjoy rooftop terraces and easy access to award-winning restaurants and shops. These beautiful townhomes offer top-of-the-line finishes, thoughtfully designed modern floor plans, and meticulously crafted details.

$698,650 Closed

535 W Tremont Avenue 96 Charlotte, North Carolina

4 Beds 5 Baths 2,292 SqFt 0.025 Acres

Learn the TRUE Market value of your Home Now!

Charlotte August 2019 Market Overview SEPTEMBER 2019

Key metrics from the Monthly Indicators for the Charlotte Region

KEY METRICS	SEPTEMBER 2018	SEPTEMBER 2019	CHANGE
New Listings	4,359	4,886	+12.1%
Pending Sales	3,314	4,560	+ 37.6%
Closed Sales	3,844	4,162	+ 8.3%
Days on Market Until Sale	37	39	+ 5.4%
Average List Price	$313,725	$327,505	+ 4.4%
Average Sales Price	$280,960	$300,175	+ 6.8%
Median Sales Price	$235,000	$259,479	+ 10.4%

Strongest Properties by TYPE in the Charlotte Region SEPTEMBER 2019

Which property types sold the quickest key metrics from the Charlotte Housing Supply Overview

KEY METRICS	SEPTEMBER 2019	CHANGE
Price Range with the Strongest Sales	$300,000 and above	+15.8%
Bedroom Count with Strongest Sales	3 Bedrooms	+ 6.1%
Property Types With Strongest Sales	Single Family	+ 6.2%

Strongest Home Sales in Charlotte NC

View the most recent single family homes over $300,000 sold in Charlotte, NC in the last 10 days.

$825,000 Closed

10213 Hazelview Drive 19 Charlotte, North Carolina

4 Beds 4 Baths 4,332 SqFt 0.410 Acres

$444,116 Closed

11731 Sweetbriar Ridge Drive Charlotte, North Carolina

4 Beds 3 Baths 2,433 SqFt 0.190 Acres

$698,650 Closed

535 W Tremont Avenue 96 Charlotte, North Carolina

4 Beds 5 Baths 2,292 SqFt 0.025 Acres

"Cool Factor" property coming onto the market at The Royal Truss in NODA - these units are rarely for sale so now is your opportunity 2 bed 1 bath unit(treehouse bedroom/loft added by GC) HOA's $220 a month! HOA dues cover Spectrum Cable and internet, water, trash, HVAC quarterly maintenance, landscaping, shared gas grill & fire pit area. These row units were built in 1953 and converted to condos in 2007, this hip, contemporary complex fits right in The Art District. Abundance of dinning & entertainment at your fingertips w/LYNX Blue Line Light Rail (less than 10 min. walk). Less than 5 minutes to center city
The curved ceilings with original wood slats soar up to 20 feet. An all glass entrance features an 8×10 electric roll up garage style door that opens to the outdoors. 1 full bath on main, "nooks" for office & creative/reading spaces have been defined in the main living space.
Cool hideaway space for 1 or a perfect nest for 2...

$385,000 Closed

852 Academy Street Charlotte, North Carolina

2 Beds 1 Baths 1,138 SqFt

Charlotte Region 2nd Quarter Market Data

The Charlotte Region Marketwatch report data includes information from the Charlotte Region (Alexander, Anson, Cabarrus, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Rowan, Stanly and Union counties) and South Carolina Region (Chester, Chesterfield, Lancaster and York counties) for both single family & condos and townhomes combined. Figures are calculated using rounded figures and are refreshed regularly.

Recent Condo & Townhome Sales in Charlotte NC

View the most recent condos & townhomes that have sold in Charlotte, NC over the last 10 days.

No properties found

Days on Market Until Sale

Average number of days between when a property is first listed and when an offer is accepted from the Charlotte Region Housing Supply Overview

Days on Market Until Sale by Price Range SEPTEMBER 2019

Obtained from Housing Supply Overview

BY PRICE RANGE	SEPTEMBER 2018	SEPTEMBER 2019	CHANGE
$100,000 and Below	51	45	- 11.8%
$100,001 to $150,000	30	28	- 6.7%
$150,001 to $200,000	23	26	+ 13.0%
$200,001 to $300,000	36	39	+8.3%
$300,001 and Above	64	61	- 4.7%
ALL PRICE RANGES	43	44	+2.3%

Days on Market Until Sale by Bedroom Count SEPTEMBER 2019

Obtained from Housing Supply Overview

BY BEDROOM COUNT	SEPTEMBER 2018	SEPTEMBER 2019	CHANGE
2 Bedrooms or Less	37	36	- 2.7%
3 Bedrooms	34	37	+8.8%
4 Bedrooms or More	55	55	0.0%
ALL BEDROOM COUNTS	43	44	+2.3%

Days on Market Until Sale by Property Type SEPTEMBER 2019

Obtained from Housing Supply Overview

BY PROPERTY TYPE	SEPTEMBER 2018	SEPTEMBER 2019	CHANGE
Single Family	45	45	0.0%
Condos & Townhomes	30	35	+ 16.7%

New Homes for Sale in Charlotte NC

View the newest homes for sale in Charlotte, NC listed in the last 1 Day.

AMAZING UPTOWN CHARLOTTE VIEWS TAKING IN BANK OF AMERICA STADIUM! This is a Builder's Model Home and is being sold with a "Leaseback Opportunity". END UNIT HOME w/ ROOFTOP TERRACE. We found your "Work from Home" space in this bonus room and entertain your friends from the ROOFTOP TERRACE! Live in the heart of Charlotte’s dynamic FreeMoreWest neighborhood adjacent to the new Legion Brewery, within walking distance of dozens of restaurants and shops along West Morehead and just 1 mile from beautiful Uptown Charlotte. Take your bike out on the Stewart and Irwin Creek greenways and then relax at Bryant Neighborhood Park, right next door. Featuring upscale finishes such as 7-inch plank hardwood floors throughout, dark gray upgraded cabinets, quartz countertops, stainless steel appliances including refrigerator, range, dishwasher, microwave, blinds, distinctive lighting & more! Our townhome community even features a dog park for your furry friends. Come visit us today!

$749,000 Active

2032 Bryant Park Drive 28 Charlotte, North Carolina

3 Beds 5 Baths 2,443 SqFt 0.028 Acres

NEWLY RELEASED LOSO TERRACES! Live within steps of Olde Mecklenburg Brewery, Queen Park Social, Protagonist - Southend Brewery, Sugar Creek Brewery, Hive Fitness, and more! This END HOME features 3 bedrooms, 3 full baths, (2) 1/2 baths and 2 car garage. We found your "ideal work from home space" on this 4th level where the bonus room and rooftop terrace are located. Well-appointed upscale finishes including 6-inch plank hardwood floors throughout, 3 oak tread staircases, Baltic Blue cabinets, quartz countertops, subway tile backsplash, pull out trash can, stainless steel appliances including range, dishwasher, microwave, refrigerator, washer and dryer, blinds, distinctive lighting and more! Enjoy urban living at it's best close to shopping, restaurants, entertainment and the Light Rail!

$739,900 Active

7012 Loso Commons Way 6 Charlotte, North Carolina

3 Beds 5 Baths 2,443 SqFt 0.028 Acres

Amazing water views on nearly 1.5 acres! Wonderful opportunity to own a beautiful property overlooking the Catawba river in an established neighborhood with no HOA. Located on a quiet dead end road which has minimal traffic and is conveniently located to Hwy 16 and I-485.
The existing 1978 Untitled singlewide trailer is currently owner occupied and is being sold in as is condition.
Great potential to rehab trailer or remove and build.
Cross listed as land MLS #3840658

$159,000 Active

11720 Riverhaven Drive Charlotte, North Carolina

2 Beds 2 Baths 1,054 SqFt 1.500 Acres

$259,900 Active

16915 Turning Stick Court Charlotte, North Carolina

2 Beds 3 Baths 1,249 SqFt 0.030 Acres

View ALL New Listings in Charlotte, NC

Percent of Original List Price Received SEPTEMBER 2019

Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold, not accounting for seller concessions from the Charlotte Region Housing Supply Overview

BY PRICE RANGE	SEPTEMBER 2018	SEPTEMBER 2019	CHANGE
$100,000 and Below	91.7%	90.4%	- 1.4%
$100,001 to $150,000	97.8%	97.1%	- 0.7%
$150,001 to $200,000	98.2%	97.6%	- 0.6%
$200,000 to $300,000	97.6%	97.2%	- 0.4%
$300,000 and Above	96.7%	96.6%	- 0.1%
ALL PRICE RANGES	97.0%	96.6%	- 0.4%
BY BEDROOM COUNT
2 Bedrooms or Less	96.0%	95.6%	-0.4%
3 Bedrooms	97.5%	97.1%	- 0.4%
4 Bedrooms or More	96.7%	96.5%	- 0.2%
ALL BEDROOM COUNTS	97.0%	96.6%	- 0.4%
BY PROPERTY TYPE
Single Family	96.8%	96.4%	- 0.4%
Condos & Townhomes	98.3%	97.8%	- 0.5%