Keeping You Up-to-Date on the Local Market!
Moderate Price Appreciation
Home prices in Charlotte continue to rise, albeit at a more tempered pace compared to previous years.
- Median Home Price: Approximately $407,000 as of May 2025, marking a 3.7% year-over-year increase.
- Average Sales Price: $515,177 in May, a 5.4% increase over the same month last year.
This suggests a shift towards a more balanced market, providing buyers with increased negotiating power.
State of the Market
New Construction Delays = Resale Opportunity
If you’ve been considering new construction, you've probably noticed some frustrating trends lately:
- Build times are stretching beyond 9–12 months.
- Prices are climbing again due to rising material costs and labor shortages.
- The timeline to move in? Often unpredictable.
Buyers who initially set out to purchase a new build are beginning to shift their focus — and for good reason. Resale homes are back in the spotlight.
For Sellers:
If your home is updated, well-maintained, and market-ready, you have a unique advantage. You're now a more attractive alternative to new construction.
For Buyers:
A thoughtfully presented resale home may offer better value, less stress, and a faster path to homeownership than a new build in today’s environment.
The Market Is Shifting. Your Listing Strategy Should Too.
The Charlotte real estate market is becoming more balanced. That’s not a bad thing — it just means buyers have more options, and strategy becomes everything.
What This Means for Sellers:
- Pricing matters more than ever: Overpricing can lead to stagnation, while the right price drives early interest.
- Presentation is powerful: Staging, photography, and first impressions are essential.
- Marketing needs to be intentional: A great agent creates a targeted plan to reach the right buyers.
- Negotiation is back in play: Strong agents defend your value and protect your bottom line.
Why It Pays to Work With an Experienced Broker
In a shifting market, experience is everything. You want a professional who understands buyer psychology, hyper-local trends, and how to position your home strategically.
Events & Attractions – Charlotte, NC
Charlotte 2025 Annual Car Show benefiting House of Pearls – June 7th, 9am - 2pm
A family and pet-friendly event that's free to attend. Vehicle registration ($25 suggested donation) runs 9am-12pm. All proceeds benefit House of Pearls, and registered vehicles are entered into a raffle to win $500!
Taste of Charlotte – June 6th–8th
Charlotte’s largest food festival with 100+ menu items, live entertainment, and family activities. Admission is free; purchase coins for food and drinks.
FIFA Club World Cup Matches – June 22nd, 24th, 28th & 30th
Catch international teams at Bank of America Stadium. Charlotte hosts two group matches and two Round of 16 matches!
Kansas & 38 Special with The Outlaws – June 27th
Rock out to classic hits from these legendary bands in an energetic live performance.
Contact me today for all of your real estate needs.
Josh Tuschak
Licensed Real Estate Broker
[email protected]
(704) 612-3861
See all of my listings
Copyright ©2024 SERHANT., All rights reserved.
372 West Broadway, New York, NY 10012
Serhant is a licensed real estate broker. Equal Housing Opportunity.
