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Updated about 2 months ago on .

User Stats

18
Posts
7
Votes
Abdul Malik
  • Property Manager
  • Charlotte, NC
7
Votes |
18
Posts

Charlotte housing saw an increase in inventory

Abdul Malik
  • Property Manager
  • Charlotte, NC
Posted

Hi everyone!

I saw in Charlotte Business journal that housing supply increased in January and continues to increase into February.  Some highlights of the article:

- New listing increased 11.3% year over year from Jan 24 to Jan 25

- 8204 homes listed for sale in Feb by 32.7% over the year

- Highest showings are Matthews, Huntersville, Waxhaw, Charlotte and Concord

Even with inventory increasing, levels are still under 3 months indicating its still a seller's market.    Curious to know what inventors think about the current market conditions?

  • Abdul Malik