It’s no big secret that the Charlotte real estate market is booming. Newcomers are flooding into the area, and apartment buildings seem to go up overnight. This activity is reflected in real estate price increases throughout the greater Charlotte area. In the last year, 12 of Charlotte’s 28 zip codes have seen price increases over 10%. If you’re wondering how your zip code stacks up, here’s a table that shows the average sales price increase by zip code since January 2016:
Inventory for home buyers is extremely low right now, and multiple offer situations are becoming the new norm. If you’re interested in seeing how much your home’s value has increased, give me a call today and I’ll be happy to run a market analysis for you!