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The Seller's Market Continues in Charlotte Real Estate

By Kelly Shue
January 20, 2022

At the end of 2021, Realtor.com ranked Charlotte, N.C., the best real estate market in the southeastern U.S. The report predicts that in the coming year, the Charlotte real estate market will boast a combined growth rate of 19.0%, factoring in both sales and home prices. The Home Buying Institute credits this strong demand, coupled with limited supply, for soaring home sale prices. The result? A red-hot market for sellers.

“The Charlotte market is currently experiencing the lowest inventory ever recorded,” says Rob Wachter, a local real estate agent. “Home prices are rising monthly, and most homes are seeing between ten and fifteen offers within the first weekend on the market. Sellers are commanding higher prices and better terms than we have ever seen before. In addition, more homes are selling above asking price and, in some cases, significantly higher.”

Selling pays off

Last spring, Lowell and Macie Keel reaped the benefits of the historic seller’s market when they sold the Matthews, N.C., house they lived in for the past twenty years. In preparation for moving to Windsor Run, an Erickson Senior Living community in Matthews, the couple was gratified to have help from Personal Moving Consultant Amanda Indenbaum.

“Amanda is wonderful,” says Macie. “She introduced us to a preferred real estate agent, who helped us sell our house. With her help, we received significantly more than our asking price. We were also surprised with how quickly it sold.”

“It really was remarkable,” agrees Lowell. “Our house sold in four days, although we received our first offer after only one. We decided to wait four days to allow time for everyone who had scheduled a visit the chance to make an offer.” 

Another success story

Dennis and Sharon Roberts, who owned a single-family house in Columbia, S.C., also experienced a lightning-fast sale before they moved to Windsor Run.

“After visiting in person, we knew Windsor Run was the perfect place to live,” says Dennis. “We immediately joined the priority list and reserved a home. With the help of a preferred real estate agent, we put our house on the market last year. And even though it was the winter season, our house sold in three days. We witnessed just how crazy the market is, especially for single-family homes.”

This news comes as no surprise to Suzanne Cowden, one of Windsor Run’s preferred real estate agents.

“Working with Windsor Run residents, I’ve seen their well-cared-for homes, with compelling prices in top school districts, receive multiple offers anywhere from $10,000 to $100,000 over list price,” says Cowden. “In fact, some listings with ‘coming soon’ status are going under contract before the sale becomes active. And the stress for the seller is minimal, as homes are being sold as is.”

Neither the Keels nor the Roberts needed to invest in expensive repairs prior to listing their houses for sale.

“Our house sold on its own,” says Dennis. “While we kept up with it over the years, we did not have to do any projects to get it ready. The whole process was really simple, and we are grateful for the help we received from Windsor Run. The only thing we did was paint three rooms a more neutral color,” says Lowell. “It was an easy task that reaped rewards.”

New life awaits

Since selling their homes for top dollar and moving to Windsor Run, both couples are enjoying their appealing new lifestyles.

“Everyone is so welcoming and friendly,” says Dennis. “Every day, people go the extra mile to make you feel welcome. And if we had known we’d be eating restaurant-quality meals every night, we would have moved years ago! We are very happy.”

Less than five months after their move, Lowell and Macie began speaking to prospective residents about their moving experience at Lunch and Learn events, monthly informational gatherings held at Windsor Run.

“We enjoy sharing our experience and providing a resident’s perspective,” says Macie. “Since our move, we continue to stay involved with our local church and spend time with our son Lee, his wife Joanna, and our four grandchildren. They are so pleased with our decision to move to Windsor Run. We also fill our lives meeting lots of friendly, warm people who are now neighbors. Moving to Windsor Run was a great decision.”

If you’d like to learn more about the Windsor Run community, request a free brochure or schedule a visit today!
 

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