How’s the Charlotte NC real estate market doing? Let’s check out the numbers from this week in Charlotte real estate…
The Charlotte NC real estate market took a little breather towards the end of August, giving back-to-school tasks time to be completed and for everyone to last week of vacation for the summer of 2015. With practically the snap of fingers, the buyers are back to their home searches and sellers are getting their homes on market for the fall season. The final quarter of 2015 is expected to be the best Q4 in many years!
The following are the most recent statistics for the Charlotte real estate market…
During the last 7 days, 292 properties (condos, townhomes and single family homes) have been listed for sale in the Charlotte (city) market, 319 have gone into Escrow (Under Contract) with 210 Closing escrow this week (down from 334 last week–vacations could have played a major part in that change). There are currently only 3,101 active listings in Charlotte.
The Charlotte real estate market is moving and the supply is not keeping pace with our buyer demands. Because of the reduced supply of resales, new construction home sales in Charlotte are on the rise as builders are experiencing a surge in sales with many communities selling out quickly.
The Maxwell House Group is thrilled for our Savvy buyers and sellers! Congratulations to our buyers on finding your dream home and sellers, to be able to move to your destination city or your new home in Charlotte.
Charlotte home buyers are watching home prices as they continue to gradually move back up. So, despite hearing repeatedly, our previous mantra, “Now is the time to buy”…Now IS the perfect time to buy a Charlotte home–before interest rates increase and home prices further increase. Savvy Charlotte home sellers, if you’re thinking of selling your Charlotte home, let’s get it READY for the market, price it right, and get it listed –NOW!