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.

Welcome Home! Beautifully maintained and updated ranch that sits just over half acres LOT in an established neighboorhood with no HOA. PRIME LOCATION- close to Matthews, Minthill, MORA & Uptown Charlotte. This spacious home boasts master with ENSUITE bath. Kitchen is loaded w/ select STAINLESS APPLIANCES, GRANITE COUNTERTOP w/ BACKSPLASH, NEW PAINT- IN & OUT, NEW select LIGHT FIXTURES, RENOVATED BATH, NEW FLOORS- kitchen, bedrooms, bathrooms & others , IN- GROUND POOL & much more. Home sits in a close proximity to restuarants, groceries- Lidl & Harris Tetter. PRISTINE RANCH- Need to see to believe it...

$245,000 Closed

4904 Lailwood Circle Charlotte, North Carolina

3 Beds 2 Baths 1,834 SqFt 0.680 Acres

$110,000 Closed

6024 Treetop Court Charlotte, North Carolina

2 Beds 2 Baths 1,290 SqFt

Gorgeous ranch brick home in Windsor Park! Home boasts beautiful finishes, upgraded kitchen with high level Corian countertops, white cabinets. Vacant and ready to show! Freshy painted inside and out. New roof, newly remodeled bathroom and kitchen. Back yard is completely fenced with a basketball court and great lounging area.
Great neighborhood and no HOA dues! Close to Plaza Midwood and Uptown Charlotte!

$244,900 Closed

2225 Downing Street L1 B25 M1844-491 Charlotte, North Carolina

3 Beds 1 Baths 1,015 SqFt 0.224 Acres

$105,000 Closed

215 Radio Road Charlotte, North Carolina

2 Beds 1 Baths 1,030 SqFt 0.300 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.

Welcome Home! The Entire Home Features Hardwood Floors Throughout. Entering The Foyer, You Will Notice The Office On Your Right w/ French Doors. The Open Gourmet Kitchen Features Recessed Lighting, Pendant Lighting, Large Island, Stainless Steel Appliances, & a Gas Cooktop! Spacious Master Suite Includes Trey Ceiling w/ Crown Molding Insert, Dual Vanity Sinks, Tile Flooring,& Huge Walk-In Tiled Shower! The Two Additional Bedrooms & Full Bath Are Also A Great Size! Outside, You Will Notice The Two Car Attached Garage, Complete w/ Garage Door Opener & Screened-In Covered Back Porch Overlooking Private, Tree-Lined Back Yard Offering Tons of Privacy. Professional Landscaping and a Social Membership To The Palisades Country Club Are Included In The HOA Dues!

$314,900 Closed

14615 Batteliere Drive Charlotte, North Carolina

3 Beds 2 Baths 1,765 SqFt 0.190 Acres

Come see this updated townhome in desirable Dilworth Heights! This community provides the perfect combo of proximity and privacy. Minutes to Freedom Park, shops/restaurants on East Blvd, and local favorites like Not Just Coffee and Inizio. Feel like staying in? Enjoy the private, shady patio and community pool. Updates include: granite countertops, SS appliances, subway tile backsplash, painted kitchen cabinets, tile flooring in kitchen and baths, new mirrors in guest and powder baths, and custom under-the-stairs closet. Don't miss out on this opportunity to own a slice of Dilworth! ***Multiple offers received. Please submit HIGHEST AND BEST offer by noon on 8/21!***

$330,000 Closed

2618 Dilworth Heights Lane 36 Charlotte, North Carolina

2 Beds 3 Baths 1,187 SqFt 0.026 Acres

STEELE CREEK!WONDERFUL HUGE Brick faces HOME 4/5 BEDROOMS , 3 FULL baths ,open floor plan , bedroom on main with full bath for guests . Formal dining room, plus breakfast bar AND eat in dining kitchen! Maple raised cabinets , granite countertops. Large hallways & Foyer ,office room on 1st floor , or library , living room w/fireplace . Laundry room on main level !Garage also has a side door entrance.NO HOA DUES!!!!!Upper level features 2 full baths 4 additional bedrooms and a spacious bonus room!!!Lots of space here very well laid out and well cared for home!

$325,000 Closed

10620 Candlestick Court Charlotte, North Carolina

5 Beds 3 Baths 3,232 SqFt 0.218 Acres

MLS data is for Montibello comparable sales information. Beautiful traditional brick Georgian 2-story with attached double garage on level .58 acre lot.

$750,000 Closed

4335 Montibello Drive Charlotte, North Carolina

4 Beds 3 Baths 3,248 SqFt 0.580 Acres

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.

$169,000 Active

1707 Weststone Drive Charlotte, North Carolina

4 Beds 2 Baths 0.240 Acres

MOVE IN READY! Beautifully updated 2 bed / 2.5 bath townhouse on a quiet dead-end street with easy access to highways, light rail, shopping, dining, & UNCC. New flooring, new paint and new stainless steel kitchen appliances. Spacious living / dining / kitchen combo leads to an oversized patio. Dual master upstairs. Washer & dryer to remain.

$164,900 Active

10141 University Park Lane L203 M30 Charlotte, North Carolina

2 Beds 3 Baths 1,302 SqFt

This is a ranch style home located a few minutes from uptown Charlotte. This home has 2 bedrooms/ 2 bathrooms with a flat private backyard. This home also has a semi-converted 1-car garage. Home is within a few minutes away from shops and easy access to highways. Sold as-is. This house sits on 1/3 of an acre lot that is conveniently located close to lots of shops, restaurants, and entertainments. This is definitely not going to be available long on the market. So hurry!

$154,900 Active

4206 Eddleman Street Charlotte, North Carolina

3 Beds 2 Baths 1,072 SqFt 0.350 Acres

LOW MAINTENANCE Living in a GATED COMMUNITY! This 4 BDRM/2.5 BTH home with separate OFFICE SPACE is a mixture of luxury modern and traditional living. Don't worry about mowing grass...this home is low maintenance living so you can enjoy the surrounding shops OR a night by the firepit on your front patio (quiet at end of street). Home includes large open foyer w/sitting space at the end, mud room as you enter from the garage, open floorplan w/a designer kitchen, extended center island w/bar seating, granite countertops, gorgeous backsplash and lots of cabinet space. Gourmet kitchen is open to the family room, as you prepare a meal, stay close to the conversation w/family and friends. Upstairs MASTER SUITE w/high trey ceilings, large window for bright sunny mornings, designer walk-in closets and a MASTER BTH w/separate sinks and large oasis shower. LAWN CARE IS COVERED by HOA!

$520,000 Active

6727 Sardis Road Charlotte, North Carolina

4 Beds 3 Baths 2,900 SqFt 0.090 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%