Charlotte Region MLS Market Report – May 2010

Whether you are selling your home For Sale By Owner or using a real estate agent in Charlotte, it’s always a good idea to get a feel for the market.  I’ve created a short video based on the Charlotte Region MLS statistics for May 2010 that came out yesterday.

In general, the inventory has gone down dramatically over the past few months, primarily due to all the homes being sold with fewer and fewer homeowners choosing to put their home on the market.  The tax credit that expired at the end of April proved to be very effective in stimulating sales as the number of pending contracts rose dramatically in April.  With such an increase in April, it’s no wonder that the pending contracts dropped in May.  As many homes that were under contract for the tax credit actually closed in May, it reduced the amount of inventory to below 2008 levels.  This is good news for Sellers, as there is much less competition than there has been in a couple of years.  With buyers still out there and less inventory available, this makes it a good time to put your home on the market!

Please take a look at the video below for additional information…

As always, if you have any additional questions or I can be of any assistance, please don’t hesitate to contact me.

Thanks,

– Don
Owner/Broker
Don Anthony Realty
www.DonAnthonyRealty.com

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Don is the Owner and Broker of Don Anthony Realty.  Over the last two years, Don sold more homes than 99.3% of the real estate agents in the Charlotte 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.  Counties served include Mecklenburg, Union, Cabarrus, Iredell, Lincoln, Gaston, Rowan, Catawba, and Alexander Counties in NC as well as York, Chester, and Lancaster Counties in SC.  Some of the 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

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