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Charlotte Luxury Market 3rd Quarter Results

Click Photo Below to Read the Market Report.

Highlights:

SouthPark

  • Sales flat from a year ago,
  • Showings
    • $500k-999k were down, due more to low supply of homes rather than slowing buyer interest
    • $1M+ homes up significantly – indicating strong buyer interest continues

Myers Park & Eastover

  • $500k-999K segment sales slowed down due to low supply of homes for sale.
  • $1M+ segment strong sales and showing activity

Providence, Weddington, Waxhaw

  • Union county is on record pace for sales over $500k, 100 closed in last 60 days vs. 75 a year ago – a 33% increase

Ballantyne and South Carolina

  • Sales over $500k up over 30% from a year ago
  • Showings up 100%+ in $1M+ segment: a strong leading indicator of next quarter sales

Lake Wylie and Palisades

  • 16 homes over $500k sold in last 90 days vs 9 the year before
  • Showings up in $500k-999K segment and down in $1M+ segment

Click Photo Above to Read the Market Report.

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