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Charlotte NC Real Estate Market Report | Week Ending 4/7/2012

What’s the Charlotte NC real estate market doing this week?

How is the Charlotte NC real estate market doing?Now that the NCAA tournament is over, it’s time for the spring real estate market!  With Easter and Passover upon us, anyone for a little Charlotte house hunting this weekend?   As the Charlotte real estate market continues the recovery process, we’re seeing more and more homes moving.  Low-end to high-end and everything in between is selling!  We had a $1M property listed for 12 days, had 9 showings and could have sold that home 5 times!  We had a delightful bungalow that went on the market and sold the minute we put the sign in the yard!  Last week, I listed one on Thursday and had several Offers by Sunday!  If that doesn’t show that consumer confidence is up and that we’re in a recovery, I don’t know what does!

You may want to consider discussing your favorite Charlotte homes for sale during the commercial breaks because that perfect home for you may just me someone elses ‘pick too!’  The Charlotte real estate market has been BOOMING for buyers and sellers this week with relocation clients finding themselves in multiple Offer situations or simply missing out on properties that have gone under Contract before they can even head out to view them!

So, Charlotte home buyers, if you find that perfect house, make it a slam-dunk and make that Offer NOW!

Here’s quick glance at the Charlotte real estate market for the week:

  • Currently there are 3,485 single family homes for sale in the city of Charlotte
  • In the past WEEK, 324 single family homes went under Contract!
  • Average days on the market for single family homes going under Contract this week was 88
  • 218 single family homes Closed during the past 7 days
  • There are currently 1,153 condos and townhomes for sale in the city of Charlotte
  • 113 Charlotte condos and townhomes went into Escrow during the past WEEK
  • During the past 7 days, 65 Charlotte condos and townhomes Closed!
  • Average days on the market for condos and townhomes going under Contract this week was 113.
This is GREAT news for Charlotte home sellers but, also a message to Charlotte home buyers that if you see something you like, you need to make a MOVE TODAY!

Happy Charlotte house-hunting!

 

Posted in: Charlotte NC Home Buyers, Charlotte NC Home Sellers, Charlotte NC Real Estate Market Reports, In the News, The Latest on All Things Real Estate - Charlotte NC Tagged: Charlotte Home Buyers, Charlotte NC Home Sellers, Charlotte NC Real Estate Agents, Charlotte NC Real Estate Market Reports, Relocate to Charlotte NC

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