Three key facts if you’re thinking about listing in the Charlotte Metro Market.
- New listings were down 25.4% in May when compared to a year ago.
- There is only a 1.3-month supply of houses.
(This refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace. Usually, we like to see at least a 4-month supply.)
- If you wait for mortgage rates to go down, more homes will come on the market and you’ll have more competition!
We’re currently working with three buyers who haven’t been able to find a home that checks all their boxes. We’re scouring the new listings every day, in fact, multiple times a day, so that we can get the jump on homes the moment they hit the market. Then when we do find the perfect home, we are prepared to make a strong offer with either cash or a pre-approval letter for a mortgage loan.
This is the current market. More buyers than inventory.
So if you’re on the fence about listing, let’s talk. Your home will stand out and sell—quickly and at its best price.
