September Market Update: Charlotte
The month of September has come to an end! School is back in full swing and Fall is officially upon us. As we move into October and the fall season, let’s take a moment to recap the month of September. We have provided a market update of the September Charlotte real estate market for you. Knowing these trends can ensure you can make well-informed decisions and stay in the know!
Mark Spain Real Estate strives to be the most knowledgeable in the markets, including the Charlotte market! We take pride in being named the most trusted real estate firm in the industry. We take time in strengthening our knowledge of technology, real estate, and self improvement to feed our drive of continuously learning and growing!
Our team prepares many training activities, podcasts, and books to aid us in our ever-growing need to learn and grow. One of our core values is to continuously learn and grow, which is one way we have set ourselves apart. We strive to lead with a servant’s heart and exemplify this is all that we do!
The Hard Facts
- The current median price list price remains flat from this time last month, residing currently at 339k
- The supply of available homes is down by 5% from this time last month, with inventory at 4,140 listings
- A home’s average days on market has increased from this time last year by 6% and currently resides at 32 days on the market
What Does This Mean For You?
Sellers, the Charlotte real estate market is HOT. We are experiencing low days on market compared to markets like Georgia. A higher average list price indicates a strong banking industry. This is a great time to list and take advantage of a bustling market. Buyers, days on market may be increasing; but homes are still going quick! Find your dream home and don’t hesitate to submit your offer. The merger of Suntrust and BBT in Charlotte keeps a strong market for Q4 and the upcoming 2020 year!
Mark Spain Real Estate strives to deliver an unparalleled client experience. We provide a Guaranteed Offer Program for our sellers who are in need of a fast sale and do not want to compromise on the sale price. With the Guaranteed Offer Program, we offer a competitive cash offer and enable you to close within 21 days! You are able to bypass the market with no showings or open houses. At Mark Spain Real Estate, we want to alleviate all of the stresses that come with selling a home, we want you to enjoy the process as much as possible. You will be able to move on to the next chapter of your life in Charlotte with ease!
Does this Charlotte market update have you thinking about moving? Navigating the real estate market can be difficult, and you don’t want to do it alone. At Mark Spain Real Estate, we are here to help! Contact us today to get a head start. We strive to be the most knowledgable in the industry and want to assist you in reaching your real estate goals!
Mark Spain Real Estate is actively searching for new and dedicated individuals who are yearning to learn and grow daily and sell real estate in this ever-growing industry in Charlotte! If you lead with a servant’s heart and want to be apart of this Mark Spain family, contact us today!