ยท Tom

Charlotte 28215 Sold $15k Under List โ€” 3-Bed, 55 Days on Market

A 3-bed, 1,500 sq ft home in Charlotte 28215 just sold for $15k under list. Listed at $310k, sold at $295k. 55 days on market.

This is the first time in 2 years I've seen a Charlotte home go under list in this zip code. Active inventory at 43 units, up from 32 last year (35% increase). Days on market averaging 42, up from 28.

The buyers got a 3.5% buydown paid by the seller and $5k in closing costs. A year ago this same house would've had 5 offers over asking.

Takeaway: Charlotte is shifting. Buyers now have room to negotiate. If you're shopping in the $250k-$350k range, you can likely get 3-5% under list and seller concessions.