Hi, I’m Maureen Mahood, Broker-Owner of SellYourHomeCharlotte.com, and here’s a look at what happened in the Charlotte housing market for the week ending November 30th.
What the Numbers Say This Week
Here’s the MLS activity from the past seven days:
- Coming Soon: 37
- New Listings: 161
- Price Increases: 26
- Price Decreases: 184
- Back on Market: 27
- Temp Off Market: 40
- Under Contract – No Show: 94
- Under Contract – Show: 137
- Withdrawn: 63
- Closed Sales: 216
My read on it:
For a holiday week, the market stayed steady. More than 230 homes went under contract, which tells me buyers are still out there, still motivated, and still willing to move when the price is right.
For a holiday week, the market stayed steady. More than 230 homes went under contract, which tells me buyers are still out there, still motivated, and still willing to move when the price is right.
The number that stands out is the 184 price reductions. It’s a clear reminder that today’s buyers are watching pricing closely. Homes under $450K continue to see the highest traffic, but across every price point, the homes that show well and are priced accurately are the ones moving.
What I’m Seeing in the Market
Showings picked up right after Thanksgiving. Buyers who paused during the fall are stepping back in, and sellers who list in December are typically serious — which helps keep deals moving.
A few things I’m seeing on the ground:
- Buyers are patient but ready. They’ll wait for price drops, but when a home hits the right number, they’re scheduling same-day showings.
- Condition matters more than ever. Clean, move-in-ready homes are winning.
- Updated kitchens and baths still pay off. Buyers don’t want big projects right now.
- First-time buyers are back. Especially in University City, Steele Creek, and parts of East Charlotte.
- Walkability continues to carry weight. South End, Plaza Midwood, and NoDa all benefit.
Charlotte Spotlight: Our First Michelin Star
Charlotte officially has a Michelin Star — and that’s a big deal.
Counter-, the tasting-menu restaurant in Wesley Heights, just earned the city’s first-ever star, along with a Green Star for sustainability. It’s a major moment for Charlotte’s dining scene and shines a bright light on a neighborhood that was already gaining momentum.
Award-winning restaurants help shape how buyers think about surrounding areas. Wesley Heights has always had great bones: close to Uptown, walkable pockets, and a unique mix of historic and modern homes. This recognition only adds to the interest we’re already seeing there.
(Michelin Guide announcement — https://guide.michelin.com)
ZIP Codes That Are Moving Fast Right Now
Based on public data and recent demand trends, a few Charlotte ZIP codes are standing out:
Strong schools, major growth, and consistent buyer interest.
Affordable, convenient, and continues to outperform expectations.
A lot of buyers chasing value and location look here first.
Walkability, restaurants, and lifestyle amenities keep this one competitive.
The Michelin news will only add to the demand that was already growing.
If you want specifics for your neighborhood, just reach out and I’ll pull the latest numbers.
FAQs
1. Is winter a bad time to sell a home in Charlotte?
Not at all. Serious buyers stay active, and December sellers often face less competition. Homes that are well-prepped and priced correctly still move.
2. Are buyers getting pickier?
Yes, but that doesn’t mean they aren’t buying. They simply expect value. Homes that are clean, updated, and priced in line with the neighborhood are selling well.
3. Are interest rates still affecting buyer activity?
Rates always matter, but they aren’t stopping buyers. Most people are looking at the long game now and plan to refinance later if rates drop.
4. Which neighborhoods are the most active right now?
South End, Plaza Midwood, Steele Creek, University City, and Wesley Heights all show strong activity depending on price point and condition.
5. Do price reductions mean the market is slowing down?
Not necessarily. It means buyers are pushing back on overpriced homes. The right listings are still selling quickly.
6. Is Charlotte still a strong long-term market?
Yes. Job growth, population growth, and lifestyle appeal continue to keep Charlotte well-positioned long-term — even with short-term shifts.
Final Thought
Charlotte remains a market where preparation and pricing matter. The homes that show well and launch at the right number are still moving — even with the holidays coming up.
If you want a closer look at your neighborhood, or you’re thinking about selling in 2026, reach out anytime. I’m always happy to walk you through the numbers.
Nobody sells Charlotte like we do.
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