Charlotte Real Estate September 2019
Charlotte Real Estate September 2019
| 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% |
| NEW LISTINGS | PENDING SALES | CLOSED SALES | STRONGEST PROPERTY TYPE |
|---|---|---|---|
| 5,122 | 4,675 | 4,284 | Single Family |
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.
| KEY METRICS | OCTOBER 2018 | OCTOBER 2019 | CHANGE |
|---|---|---|---|
| New Listings | 4,835 | 5,122 | +5.9% |
| Pending Sales | 3,712 | 4,675 | + 25.9% |
| Closed Sales | 3,865 | 4,284 | + 10.8% |
| Days on Market Until Sale | 42 | 40 | - 4.8% |
| Average List Price | $308,457 | $330,490 | + 7.1% |
| Average Sales Price | $278,811 | $305,890 | + 9.7% |
| Median Sales Price | $231,500 | $253,000 | + 9.3% |
| KEY METRICS | OCTOBER 2019 | CHANGE |
|---|---|---|
| Price Range with the Strongest Sales | $300,000 and above | +18.1% |
| Bedroom Count with Strongest Sales | 3 Bedrooms | + 7.7% |
| Property Types With Strongest Sales | Single Family | + 7.6% |
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.
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.
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
| BY PRICE RANGE | OCTOBER 2018 | OCTOBER 2019 | CHANGE |
|---|---|---|---|
| $100,000 and Below | 49 | 45 | - 8.2% |
| $100,001 to $150,000 | 30 | 28 | - 6.7% |
| $150,001 to $200,000 | 23 | 26 | + 13.0% |
| $200,001 to $300,000 | 36 | 38 | +5.6% |
| $300,001 and Above | 64 | 61 | - 4.7% |
| ALL PRICE RANGES | 43 | 44 | +2.3% |
| BY BEDROOM COUNT | OCTOBER 2018 | OCTOBER 2019 | CHANGE |
|---|---|---|---|
| 2 Bedrooms or Less | 36 | 35 | - 2.8% |
| 3 Bedrooms | 34 | 37 | + 8.8% |
| 4 Bedrooms or More | 56 | 55 | - 1.8% |
| ALL BEDROOM COUNTS | 43 | 44 | +2.3% |
| BY PROPERTY TYPE | OCTOBER 2018 | OCTOBER 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.
| BY PRICE RANGE | OCTOBER 2018 | OCTOBER 2019 | CHANGE |
|---|---|---|---|
| $100,000 and Below | 91.8% | 90.4% | - 1.5% |
| $100,001 to $150,000 | 97.7% | 97.1% | - 0.6% |
| $150,001 to $200,000 | 98.1% | 96.6% | - 0.5% |
| $200,000 to $300,000 | 97.6% | 97.2% | - 0.4% |
| $300,000 and Above | 96.6% | 96.6% | 0.0% |
| ALL PRICE RANGES | 97.0% | 96.7% | - 0.3% |
| BY BEDROOM COUNT | |||
| 2 Bedrooms or Less | 96.0% | 95.7% | -0.3% |
| 3 Bedrooms | 97.5% | 97.1% | - 0.4% |
| 4 Bedrooms or More | 96.6% | 96.5% | - 0.1% |
| ALL BEDROOM COUNTS | 97.0% | 96.7% | - 0.3% |
| BY PROPERTY TYPE | |||
| Single Family | 96.7% | 96.5% | - 0.2% |
| Condos & Townhomes | 98.2% | 97.9% | - 0.3% |
*ALL DATA on this page is current as of October 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional Realtor® Association. Report © 2019 ShowingTime.
Upcoming Open Houses in Charlotte NC
View the upcoming open houses in Charlotte, NC in the next week.
