Charlotte Real Estate - Home Sale Summary for September 2009

By
Real Estate Agent with Don Anthony Realty ~ www.DonAnthonyRealty.com

Charlotte Real Estate - Home Sale Summary for September 2009

Well, another month has gone by in 2009, and unfortunately for the Charlotte Real Estate Market, it appears to have moved in the wrong direction for people who have their home for sale.  September followed a historical trend of increasing inventory compared to August.  With the First-Time Homebuyer Tax Credit in full force through September, I was optimistic that we might see a different trend this year; but that didn't play out.  Inventory remains higher than last year at this time, so we still haven't yet gotten back to last year's levels. 

If you read and saw the video from last month's blog post, you know I was hoping that in September I would see the inventory trend cross the line to break the streak of 2009 inventory being higher than that of 2008.  As you see from the below graph, that did not take place...

Charlotte Homes For Sale - September Inventory

Looking at the individual month change, you'll see that, not only did the total inventory increase vs the prior month, but the inventory also increased in every single price range reported...

Charlotte Homes For Sale - September Inventory Change

To get some additional statistics and commentary, click on the video below...

Though our September didn't bring the best news, I am still optimistic that the market will level out and get back to more reasonable levels in the future.  Stay tuned for next month's report!

 

Posted by

Don Anthony Realty Signature - www.DonAnthonyRealty.com

__________________________________________________________________________

Don is the Owner and Broker of Don Anthony Realty.  Last year, Don sold more homes than 99.5% of the real estate agents in the region, while saving those clients thousands.  He has perfected a low cost yet full-service home-selling program that is revolutionizing the way people get their homes sold.  His hybrid approach and Flat Fee MLS Listing Service combines the best of a Discount Realtor and Full-Commission real estate agent with the freedom of a For Sale By Owner (FSBO).  For more information please visit our website, www.DonAnthonyRealty.com.  

Don Anthony Realty helps clients buy and sell real estate in the entire Charlotte, NC Metro Region and also the Triangle North Carolina Region serving Raleigh, Durham, Chapel Hill, and surrounding areas.  Counties served in the Charlotte Region include Mecklenburg, Union, Cabarrus, Iredell, Lincoln, Gaston, Rowan, Catawba, and Alexander Counties in NC as well as York, Chester, and Lancaster Counties in SC.  The counties served for the Triangle NC Region include Alamance, Caswell, Chatham, Durham, Franklin, Granville, Halifax, Harnett, Johnston, Lee, Nash, Orange, Person, Vance, Wake, and Warren.  Some of the Charlotte Region cities served include Charlotte, Huntersville, Mooresville, Matthews, Concord, Weddington, Wesley Chapel, Waxhaw, Monroe, Marshville, Pineville, Gastonia, Cramerton, Belmont, Statesville, Hickory, Claremont, Kannapolis, Salisbury, Union Grove, Lincolnton, Mount Holly, Fort Mill, Tega Cay, Rock Hill, York, Clover, Catawba, Indian Trail, Mint Hill, Davidson, Sherrills Ford, Cornelius, Troutman, Harrisburg, Midland, Mt Pleasant, Terrell, Crouse, Wingate, Maiden, Denver, Lancaster, Stanley, Dallas, Newton, Cherryville, China Grove, Indian Land, and Chester.  Some of the Triangle Region cities served include Raleigh, Durham, Chapel Hill, Cary, Clayton, Wake Forest, Apex, Fuquay-Varina, Garner, Holly Springs, Youngsville, Pittsboro, Hillsborough, Morrisville, Louisburg, Knightdale, Smithfield, Zebulon, Angier, Sanford, Franklinton, Rougemont, Wendell, Henderson, Mebane, Creedmoor, Willow Spring, Carrboro, Dunn, Roxboro, Timberlake, Semora, Graham, Burlington, Efland, Fayetteville, Oxford, Selma, Siler City, Four Oaks, Haw River, Rocky Mount, Bahama, Spring Lake, Stem, Bear Creek, Coats, Kenly, and Raeford.

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