Charlotte Real Estate Market Report – August

The Charlotte real estate market suggests we’re in a sputtering recovery, which means it’s more important than ever to partner with a Charlotte buyers agent who knows the market – and even more important, knows how to negotiate the best possible deal.

The number of homes on the market for August in the Charlotte-Gastonia-Rock Hill NC/SC Metro Area was 20,924. The average price was $205,915 or 89.7% of the list price, which is $20,801 or 9.17% lower than the average price at the same time last year. The average number of days on the market for residential listings is 4.86 months.

What else do these numbers tell us about Charlotte real estate? They show there are some great opportunities for investors and first-time home buyers — IF you know how to recognize and take advantage of the great deals that are out there. Yes, it’s tricky these days, but the experienced eye of an exclusive buyers agent can help you read the confusing and sometimes conflicting market signals and steer you in the right direction.

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