Top Large Teams in Charlotte, North Carolina – Ranked by Sides

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    • Rank – City SidesTeam NameCompanyLocationSidesProfile
    7Your Property PeopleCompassCharlotte, NC 200.0View Profile
    8High Performance Real Estate AdvisorsKeller WilliamsCharlotte, NC 197.6View Profile
    12The Mac GroupeXp Realty Charlotte, NC 165.0View Profile
    14The Ordan Reider GroupAllen Tate RealtorsCharlotte, NC 143.0View Profile
    15Guerra & Associates RealtyKeller WilliamsCharlotte, NC 112.3View Profile
    16Key & Home RealtyCompassCharlotte, NC 104.0View Profile

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    2023 Charlotte, North Carolina Housing Market Summary

    Charlotte, North Carolina started 2023 with a total of 1,153 single-family homes on the market, with a median home price of $414,000 and an average price per square foot of $247. By the end of the year, inventory had decreased to 876 homes on the market (-24%), with a median home price of $440,000 (+6%) and an average price per square foot of $283 (+14%).

    At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had decreased to 56 days.

    Charlotte started the year with 47% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 38% of Charlotte homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Charlotte started 2023 as a seller’s market, with an MAI score of 43; by the end of the year, the MAI had dropped to 40 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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