Charlotte NC Real Estate + Savvy eNews for Week Ending 7/12/13

How’s the Charlotte NC real estate market doing? Here are the numbers from this week in Charlotte real estate…

The Charlotte NC real estate market continues to be hopping! So, let’s get right to the numbers this week…

The following are the most recent statistics for the Charlotte real estate market…

During the last 7 days, 418 properties (condos, townhomes, single family homes and lots) have been listed for sale in the Charlotte (city) market, 388 have gone into Escrow (Under Contract) with 295 Closing escrow this week (down 23% from last week–vacations could play a major part in that change). There are currently only 4,205 properties listed as active in Charlotte. The Charlotte real estate market is moving and the supply is not keeping pace with 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.

We are thrilled for our Savvy buyers and sellers! Congratulations on buying 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 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!

Are you Thinking of selling your Charlotte home? Give the power-marketing team a call today! Let us help you get the most for your home in the shortest amount of time! YES, it’s true–our days on the market are proven to be FAR less than others!