Mecklenburg County, NC Real Estate News

By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Creekshire Estates Market Report FEB 2023 (Steele Creek)Creekshire Estates residents are enjoying the fabulous community as we are moving through the winter and the cooler temperatures of the season. Residents are still out and about in the community - imagine living in such a welcoming community, with their incredibly 'social' residents. This popular Steele Creek neighborhood is not only 'the place to be' but, it is also located in one of Charlotte’s most sought-after, growing areas. The HOA dues are also quite reasonable and, as I mentioned, the neighbors, exceptionally friendly! The convenient location in Steele Creek makes Creekshire the kind of community that many Charlotte home buyers want to call home. For those reasons and more, Creekshire Estates homes tend to command top dolla...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Beverly Woods Market Report FEB 2023 (SouthPark Neighborhood)The SouthPark community of Beverly Woods, developed during the 1960's and 1970's, remains one of Charlotte's most coveted Crosland communities.  Beverly Woods is known for its spacious, arboreous lots - simply filled with mature landscaping - and the wonderful 'community' feel within. The premier SouthPark location and the variety of homes - from ranches to split levels to two-story homes, making the streetscape inviting. Beverly Woods (SouthPark Neighborhood) Market Report is reflective of just how popular this community really is. There's just no community in Charlotte like it!  The Beverly Woods real estate market continues to be in a strong sellers market with sales prices continuing to level out during January, 2023. Upda...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Beverly Crest Market Report - FEB 2023Beverly Crest remains one of the top selling communities in South Charlotte and once you tour this lovely community, you'll see why! From the location, north of Highway 51/Pineville-Matthews Road, to the top-ranked school assignments, this community truly has it all. Community amenities include winding sidewalks throughout the community, a community clubhouse, pond, tennis court, pool & recreation area.  Contact us for more information on this popular South Charlotte neighborhood - Call or text (704) 491-3310 or email CharlotteBroker@icloud.com    January, 2023 Sales Data is as follows: Average Sales prices are $602,371.Average Days on the Market - 17Average list-to-sales price ratio - 101.5% There is a 1.1 Month Supply of Inventory in Beverly Crest...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Popular SouthPark Neighborhood Market Update FEB 2023  - Barclay Downs Barclay Downs - A SouthPark Community - Market Report FEB 2023 How's the Market in Barclay Downs? BARCLAY DOWNS SOUTHPARK CHARLOTTE:  SouthPark, once part of a 3,000-acre farm owned by N.C. Gov. Cameron Morrison, that has since been transformed into one of North Carolina’s most esteemed and successful live/work communities. It contains one of the most popular neighborhoods in Charlotte - Barclay Downs. Neighbors include SouthPark Mall, The Colony, Piedmont Row and more. Barclay Downs features several award winning public schools, a regional library, and plenty of general and specialty retail shopping.Barclay Down’s livability score is 68 – ranked #66 in Charlotte and #76 in North Carolina. It currently has a 97% high...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Real Estate Market Snapshot The Gates at Quail Hollow |  FEB 2023 A popular South Charlotte condo complex, located just off of Park Road, The Gates at Quail Hollow offers convenience in so many forms of the word!  Residents enjoy nearby restaurants, SouthPark Mall, boutique shopping and close proximity to the freeways and Uptown.  When you're home at The Gates at Quail Hollow, the complex is ever so peaceful and quaint - enjoy quiet, sound buildings that boast private patios and even grassy areas around the complex for your fur-babies! Amenities include Clubhouse, Fitness Center, Hot Tub, Pool and Tennis Courts.   Enjoy a solid HOA with very reasonable HOA dues that include water & sewer as well.  End units also feature garages. Considering a condo purchase in SouthPark?   Give us a ca...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
The Sanctuary Market Report - FEB 2023This Audubon waterfront community is perfectly named, The Sanctuary. 1,300 acres of pristine wooded preserve, with only 188 homesites, this Lake Wylie luxury resort community was named one of Forbes Magazines TOP 10 luxury communities in which to live! 17-acre waterfront amenity park with 3 pools, 6 tennis courts, 20 miles of walking trails, amphitheater, kayaking, canoeing, boating, boat slips, pavilion, exercise room, lodge area and playground - all simply spectacular! Enjoy living like you're always on vacation at The Sanctuary!  You'll be just minutes to I-485, Uptown and Charlotte Douglas International Airport.  Leave your home & hike the nature trails to Camp; explore the trails & all that this wonderful community has to offer. The latest mark...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Palisades Neighborhood in Charlotte, NCReal Estate Report & Neighborhood Spotlight Charlotte's Palisades neighborhood saw a 23% increase in average home sale prices in 2022 and a decrease in average days on market to 19 days. The list to sale price ratio was just over 100%. Median home prices continued to set new records throughout 2022 and into 2023. All in all, a strong year for The Palisades neighborhood. Fourth Quarter 2022 was a strong quarter in terms of sale prices for The Palisades. Average home prices increased 34%; median home sale prices increased 30%. To the extent that The Palisades saw a shift in the market, it was in the list to sale price ratio, which declined 2% in the Fourth Quarter to 97.81% and an increase in average days on market to 58 days. Some of the increase in...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
TWO REASONS TO SELL YOUR CHARLOTTE REGION HOME THIS WINTER & NOT WAIT FOR THE SPRING SEASON The groundhog announced six more weeks of winter this morning! Don't let the groundhog scare you into waiting six more weeks before selling your home! No reason to wait till spring to sell. TWO REASONS TO SELL YOUR GREATER CHARLOTTE HOME BEFORE SPRING The months supply of inventory in the Charlotte region is still under two months at 1.9 months and has been dropping since November 2022 when we had 2.5 months of inventory. Popular areas of the Charlotte region had even fewer months of inventory in January. Huntersville, Waxhaw and Fort Mill had 1.2 months of inventory. Ballantyne area had 0.7 months of inventory. Matthews had 1.3 months of inventory.   If you list your home before spring, you'll b...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Greater Charlotte Region's real estate market in December 2022...What you need to know... What it means for you...  December 2022 home sales were down year-over-year for a 12th consecutive month in the 16-County Charlotte Region. Pending sales were also down year-over-year for a 12th consecutive month. Sales are happening, but not at the volume or pace of the prior year or even earlier in 2022. Despite, lower closed and pending sales, average list and sale prices increased in December 2022, year-over-year. Home prices are still increasing, but at a slower pace.  Median sale price also increased year-over-year. The median sale price is the best measure of price over time, as it factors out extreme highs and lows in home prices. Month-over-month, both average and median...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Speechless Sundays - Celebration of Life Sunset Last evening, Ray and I enjoyed a stunning sunset before a celebration of life gathering for parents we have lost. It was the perfect beginning to a wonderful evening... More to come. Happy Sunday, All!© Debe Maxwell, CRS | The Maxwell House Group | RE/MAX Executive | SavvyBroker@me.com | Speechless Sundays - Celebration of Life Sunset
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Real Estate Market Snapshot The Gates at Quail Hollow |  JAN 2023 A popular South Charlotte condo complex, located just off of Park Road, The Gates at Quail Hollow offers convenience in so many forms of the word! Residents enjoy nearby restaurants, SouthPark Mall, boutique shopping and close proximity to the freeways and Uptown.  When you're home at The Gates at Quail Hollow, the complex is ever so peaceful and quaint - enjoy quiet, sound buildings that boast private patios and even grassy areas around the complex for your fur-babies! Amenities include Clubhouse, Fitness Center, Hot Tub, Pool and Tennis Courts.   Enjoy a solid HOA with very reasonable HOA dues that include water & sewer as well.  End units also feature garages. Considering a condo purchase in SouthPark?   Give us a cal...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Summerlake (28226) Market Update JAN 2023    One of SouthPark's premier communities, Summerlake features 135 custom-built, elegant, traditional style homes. The homes in Summerlake range from 2,500 to 6,000+ square feet.  Some of Summerlake's lots overlook the community pond, some are situated on the walking trails and others have 'back door' access to Olde Providence Swim & Racquet Club*. This lovely neighborhood is situated in the heart of SouthPark, approximately 3 miles from Quail Hollow Country Club, nearby Carmel Country Club and Cedarwood Golf Club is within close proximity as well.   Of course, if you're into shopping and dining at fine restaurants, you will love this location, near SouthPark Mall and the mall's surrounding fabulous restaurants.  Summerlake residents also enjoy...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Charlotte NC STONECROFT Market Report JAN 2023The area's most elite custom builders came together and created an exclusive, luxury South Charlotte neighborhood, preserving age-old trees and developing stunning streetscapes. A complimentary mixture of architecture within the 120 elegant estate homes in Stonecroft, overlooking Carmel Country Club, draws one into this wonderful community.Located in SouthPark, just minutes from Uptown and Charlotte Douglas International Airport, Stonecroft homeowners have fingertip access to everything that Charlotte has to offer. From the finest dining to cultural arts, professional sporting arenas to upscale shopping and schools to churches of all denominations, Stonecroft residents have ready-access!Property in Stonecroft will always be desirable and as ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Steele Creek (Charlotte, 28278) Market Report JAN 2023How is the real estate market in Steele Creek? It's a bit chilly this November, as we find ourselves solidly in the late fall housing market in Steele Creek.  We continue in a sellers' market with a 1.5 month supply of homes. Inventory remains low and sellers are still commanding a solid sales price, just not an outrageous, over-the-top price - even if it takes a little longer on the market. Year-over-year, sales prices in Steele Creek neighborhoods have still risen, on an average of 20%. Here's the market snapshot for Steele Creek (Current data - past 30 days): Average Sales Price in Steele Creek's 28278: Average Days on the Market in Zip Code 28278: List to Sales Price Ratio in Steele Creek (28278): Months Supply of Inventory on th...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
SouthPark Market Report - JAN 2023  SouthPark is a prestigious address that offers wonderful proximity to everything Charlotte. We have something for everyone here in this wonderful community. Read more about SouthPark neighborhoods here. Three zip codes make up the SouthPark area including 28210, 28211 and 28226. There is a small area of SouthPark (in which Barclay Downs is located) that is located in zip code 28209 (not included in this data due to skewing with the inclusion of Myers Park in the 28209 zip code). Here is the link to the Barclay Downs housing report for this month.  To pinpoint the SouthPark area by map, click the map below:   SouthPark home sales continue to reflect that our community remains a hot spot to land when moving to the Charlotte Metro area! Here are the late...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Royden (SouthPark) Market Report - JAN 2023 This popular luxury neighborhood, situated in the heart of SouthPark, is approximately 2 miles from Quail Hollow Country Club, nearby Carmel Country & Myers Park Country Clubs and Cedarwood Golf Club is within close proximity as well.  Of course, if you’re into shopping and dining at fine restaurants, you will love the location, near SouthPark Mall and the mall’s surrounding fabulous restaurants.   Royden residents also enjoy the convenience of the Arboretum and it’s central location to all of Charlotte’s premier private schools.  This neighborhood boasts top-ranked public school assignments as well. How’s the market faring in popular Royden neighborhood?   The average price per square foot in Royden is $345.    Average days on the market in R...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Market Report JAN 2023 - How's the Real Estate Market in Providence Springs?   Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market - low turnover year-after-year.  Some years, there are more relocation sellers than others and we are seeing a bit of a slow down in the relocation business this year. The economy continues to recover, as our Providence Springs market improvements continue to show.  If you're a buyer, interested in a fabulous, neighborly community on the NORTH side of Highway 51 in a great school zone, visit www.ProvidenceSpringsInfo.com for more information on this popular Charlotte luxury community.  We know that you won't be disappointed!Here are the current real estate market stats for Providence Sprin...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Southampton Neighborhoods in Charlotte's Ballantyne AreaReal Estate Report & Neighborhood Spotlight    SOUTHAMPTON HOME SALES OVERVIEW  Southampton's home price increases "normalized" in 2022, but while average days on market increased, home still sold quickly in an average of just 10 days. The list to sell price ratio was just under 100%. In Quarter 4-2022, the average days on market dropped by one day to nine days and the list to sale price ratio also dropped by 0.59%. Inventory remained tight in Southampton throughout 2022. SOUTHAMPTON SINGLE FAMILY HOME SALES MARKET SNAPSHOT: 2022 SOUTHAMPTON SINGLE FAMILY HOME SALES MARKET SNAPSHOT: QUARTER 4 - 2022   To track sales in Southampton "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive repo...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
It's National Compliment Day Today, January 24th!Do You Love A Compliment? I Do!Really, Who Doesn't Love A Compliment?   I'm back with my annual reminder of National Compliment Day. I remind everyone of this day each year because I believe that every day should be a compliment day. After all, who doesn't love a compliment? I know I always appreciate receiving a compliment or two or three! So why not take time today to pay a compliment to anyone and everyone you meet? You'll not only make them feel good, you'll end up feeling good yourself! Be sure to be genuine when paying those compliments, otherwise it's pointless as people can tell if/when you're not being sincere and genuine! "Sincerity is the highest compliment you can pay."- Ralph Waldo Emerson Scientific studies have long shown t...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Raintree Neighborhood in South CharlotteReal Estate Report & Community Spotlight Raintree neighborhood in south Charlotte with over 1,700 homes is a perfect example of how low listing inventory was throughout much of the Charlotte region in 2022, resulting in increasing home prices for both single family homes and condo/townhouses, low days on market, and list to sell ratios at 102+% for the year. RAINTREE SINGLE FAMILY HOME SALESFor the full year ended December 31, 2022, Raintree's single home sale prices increased, the number of properties sold decreased, and homes sold in an average of 14 days, despite an increase in days on market. In the fourth quarter of 2022, Raintree saw a softening in home prices, with average home prices down, median home prices up just 4%, days on market doub...
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Mecklenburg County, NC Real Estate Professionals