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Rising and Falling Charlotte Home Sales

by Southern Charm Realty & Retreats

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Rising and Falling Charlotte Home Sales

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As we’re hurtling quickly towards the last quarter of 2019, it’s time to take a look back at the first half of the year. In the first 6 months of 2019, home sales seesawed a bit throughout the entire Charlotte metro.

In the first quarter, home sales were down anywhere from 0.9% to a full 9% (compared to the previous year) depending on where in the city the sales took place. The second quarter saw a quick uptick of half a percent while falling over 6% in June.

As reported by the Charlotte Business Journal, from January-June, closed sales have remained steady from the same six-month period last year. There were 24,025 closings recorded in the first half of 2019, up 0.8% from 23,840 during the same time in 2018.

The Charlotte ‘Burbs

It’s no surprise that Charlotte’s outlying communities are still seeing a surge. However, there are a few suburbs seeing a decline. Read on to see the full list of Charlotte metro towns and whether their home sales have risen or fallen in 2019.

Cornelius: down 10.1%
Huntersville: down 8.6%
Concord: down 5.5%
Uptown Charlotte: down 3.3%
City of Charlotte: down 3%
Salisbury: down 2.8%
Rock Hill: down 2.5%
Matthews: up 2.2%
Indian Trail: up 2.4%
Waxhaw: up 2.7%
Lake Norman: up 3.3%
Kannapolis: up 3.4%
Gastonia: up 5.1%
Fort Mill: up 5.3%
Monroe: up 7.8%
Mint Hill: up 8.1%
Statesville: up 9%
Lake Wylie: up 9.2%
Mount Holly: up 10.9%
Mooresville: up 12.1%
Harrisburg: up 70.7%

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