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Charlotte Real Estate Market Update

Hey guys, Brian Taylor here with Dreamline Realty in Charlotte, North Carolina. I wanna talk to you today about the Charlotte Housing Market and how things stand right now, so stick around.

Welcome back to my channel. It’s March 2021 and I wanna share some insights and data into the Charlotte Housing Market. Now, the data I’m sharing is through February as our data is one month in arrears. So, let’s jump right in.

The first piece of data is New Listings.  In February, there were 4,481 new listings which is down 6.2% from the same time last year. If you’ve been paying attention and following along with my channel, you know we’ve talked a lot about the shortage of inventory and this number is a clear indication of that. We’re simply dealing with very few houses to show our buyers right now which has caused the multiple offer situations that we repeatedly talk about. Time will tell if we start seeing more listings coming to the market as we head into the true spring market. Hopefully more sellers will feel better about listing their house, especially as the Covid vaccinations continue to roll out. 

Watch the video above for more details.

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