Thanks to The Charlotte Regional Realtor® Association for providing the Charlotte Real Estate Monthly Indicators Report for April 2015. You don’t have to keep up with this every day, but I do, and I am happy to represent you with my knowledge of the market. Looking at these reports, there is no doubt a seller’s market with prices rising with a lack of inventory. However, though we are seeing a lot of multiple offer situations in the Charlotte Metro area, buyers are wanting turn-key properties. They are paying top dollar and their expectations for what they get for that dollar is showing in how they are dealing with the homes in this market. They aren’t settling, they are okay walking away from a deal and they will fight for the one that best matches their desires – location, size, work.
Below you will see the Monthly Indicators for the entire area covered by the Charlotte MLS. Then we drill into more local markets. It is important to look at the overall trends for what the market is doing but know that you must also look at the market trends for the town/city even neighborhood level to understand and form your strategy to tackle this market. This is where we thrive and how we best serve our clients.
Now, check out more specific markets…Lake Norman, Davidson & City of Charlotte. Trust that we are constantly watching at even the neighborhood level to best advise our clients. Looking to buy or sell your home? Call High Caliber today, 704-790-4663.
Charlotte Real Estate Monthly Report April 2015
