We’ve crunched the numbers & have found almost 200 neighborhoods in metro Charlotte that saw sales prices rise in 2013 & currently have fewer than 3 months of inventory.
What that means for buyers is that since a balanced neighborhood has about 6 months worth of inventory, competition is going to be brisk in neighborhoods with fewer than 3 months worth of inventory. There may be buyers waiting for homes here
Among the top neighborhoods are:
- Caldwell Station (Area 1), 1.1 mos inventory
- Country Club Heights (Area 2), 1.6 mos inventory
- Eastway Park (Area 3), 1.4 mos inventory
- Chantilly (Area 4), 1.3 mos inventory
- Barclay Downs (Area 5), 1.4 mos inventory
- Madison Park (Area 6), 2.7 mos inventory
- Planters Walk (Area 7), 1.1 mos inventory
- Macaulay (Area 9), 2.3 mos inventory
- Hunter Oaks (Union County), 1.6 mos inventory
- Ramsgate (Cabarrus County), 1 mo inventory
- Westmoreland (Lake Norman), 2.6 mos inventory
- Mountain View (Lake Wylie), 2.4 mos inventory
- Regent Park (York County), 1.8 mos inventory
If you are ready to get started before prices continue to increase, click here!