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Charlotte, NC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Palisades + Regency At Palisades in Charlotte, NCReal Estate Report & Neighborhood Spotlight: Quarter 3 - 2023 Palisades home sales in Q3-2023 saw a softening in average sale price in Quarter 3-2023, while median sale price increased. With a wide range in home prices in The Palisades, the decrease in home prices is to some extent a result of the price mix of homes that sold in the most recent quarter versus Quarter 2-2023. The Third Quarter's home prices much more closely tracked what we saw in Quarter 1-2023.  While the list to sale price ratio declined 1%, it was, nonetheless, very respectable at just under 99% (and 0.58% higher than in Quarter 2-2023). The days on market increased to 34 days, which still indicated a relatively quick sale time for Palisades homes. The number of homes ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
LUXURY HOMES MARKET IN CHARLOTTE REGION   UPDATE FOR SEPTEMBER 2023... WHAT IT MEANS FOR YOU...   YEAR-OVER-YEAR TRENDS IN THE LUXURY SINGLE FAMILY HOME MARKET IN CHARLOTTE REGION The September 2023 luxury homes market in Charlotte saw a 5.4% increase in new listings year-over-year. Inventory increased marginally year-over-year by 0.2%.  The months supply of inventory declined to 3.1 months year-over-year from 3.2 months one year ago. Median home sale price was flat at $1,370,000, while the average home sale price declined slightly by 0.4%. Closed sales decreased 2.9% in September 2023 versus the same month one year ago. Median list to sale price ratio decreased 1.5% year-over-year to 98.5%. Buyer foot traffic was flat at 5.8 showings per listing year-over-year. Median days on market we...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Popular SouthPark Neighborhood Market Update OCT 2023  - Barclay Downs Barclay Downs - A SouthPark Community - Market Report OCT 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 #68 in Charlotte and #63 in North Carolina. Ranked A+ for amenities clo...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
NINA HOLLANDER NAMED A TOP 100 COLDWELL BANKER REALTY SALES ASSOCIATE YEAR-TO-DATE-2023  I am honored to be ranked in Coldwell Banker Realty's Top 100 sales associates out of 1,600 in North and South Carolina for gross commission generated through September 2023,  ranking #44 in the CB Top 100 Year-To-Date 2023. My thanks to all my loyal clients who continue support my business year in and year out for 25 years with their business and referrals.    If you've been considering purchasing or selling a home in the Greater Charlotte area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:"The Right Broker Makes All The Difference."  
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
📍Step Into Your Future: Ardrey Chase Open HouseSUNDAY, OCT 15, 2023 - Noon to 2PM Having JUST HIT THE MARKET in the delightful Ardrey Chase community, this gem is ready to make your home-owning aspirations a reality! You'll instantly be smitten by its stellar location, ingenious floor design and spacious living areas. The kitchen seamlessly connects to the living space, setting the stage for fantastic entertaining and social get-togethers. For those special events, a designated dining room is at your service! The generously sized bedrooms are all about ultimate relaxation. The primary suite takes it up a notch with bonus flex space and an awe-inspiring walk-in closet. Bonus: one bedroom is conveniently situated on the ground floor, making it a fantastic option for guests. Step into your...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Ballantyne Meadows: A Market Update - OCT 2023 📣 Looking for your dream home in Charlotte's Ballantyne area?  Don't miss this gem of a neighborhood! Nestled in the heart of Ballantyne, this sought-after community built by Shea Homes offers spacious lots, top-notch schools and neighbors with whom you'll want to enjoy the neighborhood social activities!  OH, did we mention, Ballantyne Meadows is zoned for award-winning schools too? 🏆 And talk about location! You're just a hop, skip, and a jump away from all that Ballantyne has to offer — from scrumptious dining spots to quaint shops, golf courses and recreational areas. Plus, commuting is a breeze with quick access to the I-485 freeway. ⛳ Ballantyne Meadows is a rock solid community in the ever-vibrant, ever-popular Ballantyne area (Zip C...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Ballantyne (Charlotte NC) Real Estate Market Report - OCT 2023One of Charlotte's areas showing the most growth, the Ballantyne Charlotte NC area is appealing to those who want more square footage for the price, top ranked schools and close proximity to a thriving business center. Homes in Ballantyne range from affordable or luxurious townhomes to sprawling estates in Ballantyne Country Club, situated on the golf course.  The Ballantyne area is pristine, clean, upscale and features shopping, entertainment and the list of popular restaurants seems to be growing by the month! Here is the updated market report for the Ballantyne area of Charlotte, NC. The real estate market in one of the nation's most popular zip codes, 28277 (Ballantyne) continues to be a strong one and one most definitely...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Reavencrest Home Sales & Real Estate Report In Charlotte's Ballantyne AreaReal Estate Report & Community Spotlight: Quarter 3 - 2023  Average Home Sale Price Up 12% Y-O-Y Reavencrest home sales in Quarter 3-2023: average and media home sale prices increased compared with the Third Quarter one year ago -- 12% and 16% respectively. Home prices also increased compared with the first two quarters of 2023. List to sale price ratio remained above 100% and homes sold quickly, averaging eight days on market (down 20% from one year ago). Just three properties sold in Quarter 3-2023. No homes were listed for sale as of the start of Quarter 4-2023. REAVENCREST HOME SALES SNAPSHOT: QUARTER 3 - 2023SINGLE FAMILY HOMES REAVENCREST HOME SALES SNAPSHOT: QUARTER 2 - 2023SINGLE FAMILY HOMES REAVENCREST H...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Today Is Friday the 13th... Is It Just Another Friday For You? Or Not? "Don't be superstitious. Nothing will happen on Friday the 13th that cannot happen on Saturday the 14th."... Unknown It's Friday the 13th! Are you superstitious about Friday the 13th? Is this just another Friday for you? Or is it your lucky day? Or is a day when you'd prefer to hide under the covers in bed all day? Have you ever wondered about where these superstitions come from?  Friday the 13th In HistoryDid you know that there were no negative (or positive) associations with Friday the 13th before the 19th Century? If you look back in history, you'll find instances of where people and cultures considered the number 13 unlucky, while others thought it lucky. The number 13 aside, it was not historically linked with...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
The Ups and Downs: Charlotte's Real Estate Landscape Amid Rising Interest Rates Like it or not, mortgage interest rates are shaping Charlotte’s real estate market. How so? Mortgage interest rates are putting the brakes on buyer enthusiasm, leading some folks to hit pause on their home-buying plans until rates level out. This ripple effect even has builders a bit uneasy, with their confidence dropping 5 points to a score of 45 this September, according to the National Association of Home Builders (NAHB).  Charlotte’s pending home sales have dipped 19.3% over the year from Oct 2022 to Sep 2023. Interestingly, the luxury market—homes priced at $500,001 and up—saw the smallest sales decline at 12.5%. Median sales prices, however, inched up 2.2% to $378,000. Condos took the crown for the big...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
CHARLOTTE PARENT SCHOOL FAIR 2023 The 8th Annual Charlotte Parent School Fair, organized by Charlotte Parent/Charlotte Magazine, is a great opportunity for parents with school aged children to learn about school choices in Greater Charlotte. Whether you're considering private schools, public schools, or charter schools you'll get good answers at the fair about the best options for your children. The Charlotte School Fair will let you meet one-on-one with school representatives.  The fair features schools, information sessions, and vendors. Kids can enjoy balloon art and story time with their favorite princesses at 11:00 AM. Participating schools include:American Leadership AcademyCharlotte British International SchoolCalvary Christian AcademyCharlotte Lab SchoolCharlotte Secondary Schoo...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Bridgehampton Neighborhood in Charlotte's Ballantyne AreaReal Estate Report & Neighborhood Spotlight: January-September 2023 Inventory Remains Tight In Bridgehampton Year-To-Date | Average Home Prices Up 17%Just threes home sold in Bridgehampton in Quarter 3-2023. Two homes were on the Charlotte, North Carolina side of Bridgehampton, averaging four days on market and selling at an average price of $1.2 million. One home sold on the Indian Land, South Carolina side of Bridgehampton at $835,000. For a neighborhood with 544 homes, three sales in an entire quarter and eight sales in nine months are a drop in the proverbial bucket. For the nine months ended September 30, 2023, Bridgehampton sales looked as follows:  BRIDGEHAMPTON ROLLING 12 MONTH MEDIAN HOME PRICE TRENDS (CHARLOTTE, NC) BRID...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Ardrey Crest Neighborhood in Charlotte's Ballantyne AreaReal Estate Report & Community Spotlight: Quarter 3 - 2023 103.82% LIST TO SALE PRICE RATIO | 2 AVERAGE DAYS ON MARKET Just two homes sold In Ardrey Crest neighborhood in Quarter 3-2023 in this popular Ballantyne area neighborhood. Just four homes have sold in the nine months ended September 30, 2023. Home sale prices were up significantly over the previous quarter. Home sold in two days, on average, and home sellers realized almost 104% of list price in final sale price, 4.33% more than in the Second Quarter 2023. No homes were listed for sale as of the start of Quarter 4-2023. If you've been thinking about selling your home in Ardrey Crest, this is a good time to do so as just four Ardrey Crest homes have sold in 2023. Demand is ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Speechless Sundays: An October Sunset to RememberThe sun took its final bow for the day, painting the sky with a breathtaking palette of reds, pinks, oranges, yellow and smoky grays. Mother Nature unleashed her inner artist, creating a masterpiece with vibrant hues that blended together in perfect harmony. The deep grays added just the right amount of drama, making the October spectacle, truly a sunset to remember. I hope you have a lovely week ahead, taking the time to catch a sunrise or sunset along the way. Remember to take time to pause and admire Mother Nature's incredible beauty! © Debe Maxwell, CRS | The Maxwell House Group | Savvy + Company | SavvyBroker@me.com | Speechless Sundays: An October Sunset to Remember
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Zip Code 28203 Market Report OCT 2023Included in one of North Carolina’s hottest zip codes (28203), the Dilworth, Wilmore, Sedgefield, South End neighborhoods remain hot with very little inventory on the market.  All price ranges are entertaining multiple Offers and even more so, if homes are staged well and marketed properly. Wilmore & Sedgefield continue to be the up-and-coming west side 28203 neighborhoods with lots of new construction and renovation taking place on nearly every street. The location of the 28203 zip code simply can’t be beaten!Zip Code 28203 Market SnapshotClick the interactive chart below to track the historical data – average sales prices in ZIP CODE 28203.  The largest community within zip code 28203 is Dilworth.  Learn more about the Dilworth neighborhood. Here i...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Thornhill Neighborhood in Charlotte's Ballantyne AreaReal Estate Report & Community Spotlight: Quarter 3-2023 List To Sale Price Ratio: 104.49% | 12 Average Days On MarketThornhill's Quarter 3-2023 average and median home sale prices declined 6% and 12%, respectively, year-over-year. Compared with the Second Quarter in 2023, the average sale price declined, while the median sale price increased.The list to sale price ratio in Thornhill in Quarter 3-2023 increased 6% to 104.49% compared with one year ago. Compared with the prior quarter in 2023, the list to sale price ratio declined 1.62%. Inventory remained tight in Thornhill accounting for the healthy list to sale price ratio and the 12 average days on market. Just four homes sold in the Third Quarter, down 20% from the same quarter on...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
The Sanctuary Market Report - OCT 2023The Sanctuary in the Audubon waterfront area is aptly named. Encompassing 1,300 acres of untouched woodland, it offers just 188 homesites amidst the vast expanse of nature. This luxury resort community by Lake Wylie was recognized by Forbes Magazine as one of the TOP 10 luxury living spaces! Its features are truly unmatched: a 17-acre waterfront amenity park, 3 swimming pools, 6 tennis courts, an extensive 20-mile walking trail system, an amphitheater, water sports such as kayaking and canoeing, boat slips, a pavilion, an exercise room, a cozy lodge area, and a playground. Simply put, it's breathtaking. Live like you’re always on vacation at The Sanctuary! Conveniently located, it's a short drive to I-485, Uptown, and Charlotte Douglas International...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Real Estate Market Snapshot The Gates at Quail Hollow |  OCT 2023 Located just off Park Road in South Charlotte, The Gates at Quail Hollow is a highly sought-after condo complex renowned for its unmatched convenience. Residents benefit from its close proximity to a plethora of amenities including popular restaurants, the SouthPark Mall, boutique stores, and easy access to major freeways and Uptown. Nestled within The Gates at Quail Hollow, residents find a tranquil and cozy environment. The structures ensure a serene ambiance, complemented by private patios and verdant spaces perfect for pet-lovers. On-site amenities enhance the living experience, featuring a Club House, Fitness Center, Hot Tub, Pool and Tennis Courts. Moreover, the community is managed by a dependable HOA with reasona...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Summerlake (28226) Market Update OCT 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!
(Savvy + Company (704) 491-3310)
Charlotte NC STONECROFT Market Report OCT 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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