Friday, January 31, 2014

Charlotte Home Prices are up 8.7% from Last Year!

Charlotte-area home prices rose 8.7 percent 
from a year ago!  


All 20 cities tracked by the Standard & Poor’s Case-Shiller index recorded annual gains. 
Nationally, prices rose 13.7 percent.

In Charlotte and surrounding areas, low supplies of homes for sale have helped prices rebound from lows reached in the housing downturn. In December, inventory in the region stood at a 4.8-month supply, according to the Charlotte Regional Realtor Association. A six-month supply is considered a balanced market. 

With the low inventory of homes available, homes are still attracting multiple offers, especially around the Charlotte and Lake Norman Area. Sellers are getting close to asking price and sometimes more! 

Have you been thinking about selling your home? Now is the time to put your house on the market. Contact Jackie Young at 704-575-9202 or for a free market analysis of your home, and seller's consultation. No Obligations! 

Jackie Young, Realtor/Broker
Keller Williams Realty

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