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Happy Memorial Day Weekend!
Are you ready for the summer heat? Stay hydrated and cool!
If you're looking for a fresh start in a new home this year, we would love to help.
Please reach out anytime!
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April Charlotte Market Update
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For much of the country, the first quarter of 2019 provided several disruptive weather
patterns that contributed to less foot traffic toward potential home sales. Coupled with low affordability, higher prices and an inventory situation in its infancy of recovering from record lows - not to mention several more days of wintry weather in April - slower sales persisted across most residential real estate markets. However, buyers are beginning to return in force this spring. For well-priced homes in desirable locations, competition is fierce.
New Listings were down in the Charlotte region by 0.9 percent to 5,771. Pending Sales increased 11.1 percent to 5,324. Inventory shrank 8.7 percent to 8,928 units. Prices moved higher as Median Sales Price was up 5.6 percent to $253,500. Months Supply of Homes for Sale was down 8.3 percent to 2.2 months, indicating that demand increased relative to supply.
Although hiring and wage gains have been below expectations, the national unemployment rate held firm at 3.8 percent. A historically low unemployment rate can provide reassurance to wary consumers. But in order for sales to increase on a grand scale, buyers will need more spending power, or sellers will need to reduce prices to land where buyers are most active. Neither situation is likely to occur in 2019, and yet inventory is straining to keep pace in the most competitive price ranges.
Stats from Charlotte
Regional Realtor Association
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April 2018 |
April 2019 |
%Change |
Homes for Sale |
9,784 |
8,928 |
-8.7 |
Pending Sales |
4,794 |
5,324 |
+11.1 |
Closed Sales |
4,217 |
4,221 |
+0.1 |
Days on Market |
53 |
57 |
+7.5 |
Average Sales Price |
$292,297
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$304,996
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+4.3 |
Months Supply of Homes |
2.4 |
2.2 |
-8.3 |
Based on information from the Carolina Multiple Listing Services, Inc. for the month of April 2018 & 2019 for the entire Carolina MLS area.
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10 Small Changes for a Healthier Heart
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- Start Fidgeting to keep blood and oxygen circulating and burn calories.
- See a Dentist for healthy gums.
- Add ground Flaxseed to food which contains heart-healthy nutrients including protein and fiber so drink lots of water with it. 2 table spoons daily.
- Drink 2 cups of hibiscus tea daily which tops rankings for antioxidant power.
- Sit in a Suana for 15-20 minutes per week for a stronger heart and relaxation, fatigue and pain.
- East garlic daily for clean arteries and lowering plaque.
- Walk barefoot in the grass to reduce blood viscosity, inflammation and improve circulation.
- Give your digestion system a rest with periodic and intermittent fasting not eating for 12-14 hour periods to lower blood pressure and and reduce heart disease.
- Stand for 5 minutes every half hour while awake to maintain healthy blood sugar.
- Get busy in bed - YUP twice a week can reduce the risk of heart attack by 50%.
Are you looking to make a move? Contact us today!
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Tips for using flowers to boost curb appeal
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Thank you for your business and Referrals
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Of course, nothing is
appreciated more than referrals
so if you know of anyone looking to buy or sell please keep us in mind! We would be delighted to assist in any way we can.
Sincerely,
RE/MAX Executive Realty
Charlotte, NC 28211
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$439,900
9227 HEMINGFORD COURT
CHARLOTTE, NC
Neighborhood: Touchstone 5 BR, 2.1 BA, 3,594 sqft MLS# 3491476 |
RE/MAX Executive
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$272,000 4035 WATERS EDGE LANE LANCASTER, SC Neighborhood: Timber Creek 3 BR, 2.1 BA, 2,410 sqft MLS# 3508291 | RE/MAX Executive
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$425,000
Under Contract
9112 ARBOR GLEN LANE UNIT 21 CHARLOTTE, NC
Neighborhood: Cameron Wood 4 BR, 2.1 BA, 2,396 sqft MLS# 3491695 |
RE/MAX Executive
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$239,900
6633 BUNKER HILL CIRCLE
CHARLOTTE, NC
Complex: Olde Georgetowne 3 BR, 2.1 BA, 1,701 sqft MLS# 3496191 |
RE/MAX Executive
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$315,000 1586 OLD FRIENDSHIP ROAD ROCK HILL, SC
39.55 Acres MLS# 3068361 | RE/MAX Executive
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$269,000 Under Contract 6710 CONSTITUTION LANE CHARLOTTE, NC Complex: olde georgetowne 3 BR, 2.1 BA, 1,831 sqft MLS# 3497556 | RE/MAX Executive
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$224,900 Under Contract 8208 INVERARY PLACE CHARLOTTE, NC
Neighborhood: Meadowbrook 3 BR, 2.0 BA, 1,253 sqft MLS# 3487498 | RE/MAX Executive
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$59,000 HWY 28 HIGHWAY LANCASTER, SC
6.50 Acres MLS# 3435775 | RE/MAX Executive
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6008 Summerston Place
- 4 BR, 3.1 BA - 3211 sqft
Sold
Subdivision: Berkeley
→ More info
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3636 Jacinta Court
- 4 BR, 3.1 BA - 3836 sqft
Sold
Subdivision: Lake Ridge
→ More info
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