Your Real Estate Market Update

Charlotte, NC 28211

Single-Family Homes

Danielle Edwards | 704-604-2999 | drivendanielle@gmail.com | http://soldondanielle.com



Charlotte, NC 28211

Thu Feb 21 2019
This week the median list price for Charlotte, NC 28211 is $945,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 121. Click here to stay informed with the Charlotte market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Charlotte, NC 28211

Thu Feb 21 2019
This week the median list price for Charlotte, NC 28211 is $945,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 121. Click here to stay informed with the Charlotte market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Charlotte market.
Median List Price $945,000
Per Square Foot $267
Days on Market 128
Price Decreased 30%
Price Increased 2%
Relisted 12%
Inventory 121
Median House Rent $1,458
Most Expensive $4,480,000
Least Expensive $180,000
Market Action Index
Slight Seller's Advantage
31

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,237,000 5,975 0.5 - 1 acre 5 5 13 3 2 155
$1,372,500 4,503 0.25 - 0.5 acre 5 4 3 3 3 136
$697,499 2,835 0.25 - 0.5 acre 4 3 16 2 2 129
$469,500 2,111 0.25 - 0.5 acre 3 2 46 7 9 94