CHARLOTTE MARKET FORECAST

Ultra Luxury Market Analysis

In the $2 Million Plus Range, Charlotte's economic boom continues to drive executive relocation which is keeping this range at record levels, with 183 closings vs 140 last year and 64 in 2019 There were 38 closings in the fourth quarter and another 21 pending to start this year

The $1 Million to $1 99 Million range is the largest luxury segment in the state, with 966 closings in the just completed year, which is up from 439 from 2019 This segment appears to have accelerated in the fourth quarter in comparison to previous years, with 193 closings vs 185 in the year prior, and a very strong 92 pending deals heading into this quarter This is a very active price range where the largest competitor only has 6% listing market share

HarnessingthePower oftheCommunity

toEndHomelessness

Ivester Jackson Christie's Team Captains

Lori Ivester Jackson (Lake Norman Region)

Lisa McCrossan (Charlotte Region)

How It Works

Everyoneinvolvedineachhometransactionisasked todonateagiftof$10ormoretothe

HomeownersImpactFund

Thisincludestheagents,buyer,seller,lender,titlecompany, andclosingattorney,foragoalofcollecting$70ormoreper closing.

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