South Charlotte/Ballantyne/Waxhaw Real Estate News

Existing Homes Sales Report March 2015 From NAR

What's not to like about the existing home sales report dated March 2015 from the NAR (National Association of Realtors)?

  • Existing home sales are up
  • The percentage of first-time home buyers is up to 29%
  • Median home prices are up for the 36th month of year over year improvement
  • Sales of distressed properties are down
  • Days on market continue to stay low with more than a third of listed homes selling in under one month in February (all the bad weather notwithstanding!)

 

The Charlotte, North Carolina region housing market is tracking closely to the national numbers reported by the NAR. For the week ended March 13th:

  • Median sale prices are up just over 6%.
  • Months supply of home inventory is down to 4 months.
  • Inventory of homes is down 19%.
  • Pending sales are up almost 37%.

Certainly, lots to like about the Charlotte region's housing market right now, as well!

 

NAR Existing Home Sales Report

 

SEARCH HERE FOR ALL CHARLOTTE METRO AREA HOMES FOR SALE

 

WONDERING WHAT YOUR CHARLOTTE METRO AREA HOME IS WORTH IN TODAY'S MARKET?

 

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CONTACT CAROLINAS REALTY PARTNERS WITH ANY QUESTIONS YOU MAY HAVE ABOUT THE CURRENT CHARLOTTE METRO AREA HOUSING MARKET

 

Nina Hollander, Broker, Realtor / REMAX / Carolinas Realty Partners / Ph: 704.779.0813 / F: 704.341.3346 / E: Nina@NinaHollander.com / W: www.GreatHomesInCharlotte.com

Nina Hollander
Broker, Realtor, CRS, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with RE/MAX Executive Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: www.BestCharlotteHomesForSale.com
Search for Charlotte Area Homes: www.HomesInCharlotteArea.com

2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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How Much Is Your Home Worth

6 commentsNina Hollander • March 27 2015 08:39AM
Existing Homes Sales Report March 2015 From NAR
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