Today, I am sharing some insights into the recent market trends and developments in the real estate industry. There has been a 19.7% to 4,180 increase in new listings in the Charlotte region, while pending sales rose by 4.6% to 3,805. Inventory also saw a healthy uptick, climbing 7.3% to 5,628.
What do these numbers mean for you? Well, it is good news for both sellers and buyers. Sellers can rejoice as home values continue to rise, making this the best time to list your property. Meanwhile, buyers will find more variety in property selection, with a 7% increase in inventory compared to last year.
With spring break and Easter upon us, there’s going to be a temporary fluctuation in market activity. This presents an opportunity for buyers to secure a favorable deal before the market picks up momentum post-holidays. Looking ahead, I see a surge in market activity, translating to top dollar for sellers in the coming months.
I would also like to thank everyone who joined us for our recent event. It was a great opportunity to mingle over bowling, food, and drinks. Seeing both past and prospective clients and their families was truly heartwarming.
So, whether you are considering buying, selling, or simply curious about real estate, we’ll be happy to answer your questions. You can call, send us a message, or email us, and our team is here to assist you in the best way we can.
