Tag Archives: Charlotte NC Relocation

Market Monday Update – Charlotte Homes

Weekly Market Activity Report

market watch monday 42715

(Data current as of April 27, 2015)

More Homes Hit the Market in the 2nd Quarter Than All Year Long

You may have been browsing the internet for a home to buy once yours sells and not found what you like. There’s good news and bad news. The bad news is if you’re a seller and waited until the second quarter you’re going to have a lot more competition. The good news is that you’ll have a lot more selections available for your move in or move up neighborhood in the next 30 – 60 days because more homes hit the market in the 2nd Quarter than all year long!

Call me to set up a time to discover why Giving Tree Realty is the preferred brokerage firm in Charlotte for THE top sellers in our area, and how my marketing plan can help you get significantly more money for your property by correctly preparing it for market.

The Roy Group Home Selling Team is at your service.

In the Charlotte region, for the week ending April 18:

  • New Listings increased 6.2% to 1,246
  • Pending Sales increased 46.7% to 1,141
  • Inventory decreased 19.8% to 13,214

For the month of March:

  • Median Sales Price increased 9.9% to $189,000
  • List to Close decreased 2.2% to 133
  • Percent of Original List Price Received increased 1.5% to 94.6%
  • Months Supply of Inventory decreased 26.0% to 4.1

This research tool is provided by the Charlotte Regional Realtor® Association.  For more information, contact me, Your Full time REALTOR®.

T  E  S  T  I  M  O  N  I  A  L

I highly recommend Chrystal Safari Roy and The Roy Group Home Selling Team. In the selling and purchasing of our home she worked with us for over 9 months, even before we were sure about selling and re-purchasing. With her input we were able to sell our home in 7 days.

In the purchasing of our new home Chrystal was very patient and extremely knowledgeable. Chrystal took us thru several neighborhoods and areas and providing us with great feedback and input on what is a great investment and purchase for our family.

Chrystal has a great knowledge of real estate, including national markets and international markets. Chrystal was born and raised in the area; she has lived aboard and has strong ties to the international communities here in Charlotte.

Chrystal has provided us with so much information, I think it would be worth your time to just take a couple of minutes and speak to her about what you and your family’s needs and desires are in your new home.

Desi and Dinika Collins Bryant South Charlotte

Contact us for all your real estate needs.  Chrystal Roy 704.562.1030 / MyAgentChrystal@gmail.com

Charlotte airport to seek proposals for stores

 The Charlotte Business Journal’s staff writer, Susan Stabley, reports the contract to operate Charlotte/Mecklenburg International Airport’s retail stores may soon be up for grabs.

Aviation director Jerry Orr told Charlotte City Council on Monday that he wanted to split up the existing deal with concessionaire HMSHost Corp. The airport’s food and beverage and retail contracts had previously been held by two separate companies until HMSHost acquired both, Orr says.

The Bethesda, Md.-based company now controls 71 airport spaces. HMSHost operates in 115 airports worldwide, with annual revenue exceeding $2.6 billion, according to the company. Orr wants to renew HMSHost’s food and beverage contract for five years. But the airport plans to terminate its deal with HMSHost for retail stores and put out a request for proposals. “In my opinion, it’s the best deal for the airport and the industry,” Orr says.

Retail sales at the airport averaged $1,476 per square foot in early 2008, above the national average. Overall, retail concessions generated $46.9 million in sales in fiscal 2008, which ended June 30. Of that, the airport brought in $7.25 million in revenue.

Orr’s plan is to keep the airport’s existing eateries during an upcoming terminal expansion. That’s going to require moving around some locations. “It’s very messy,” he told council members, adding it wouldn’t be fair for a new vendor to invest in a space and then lose it because of construction.

Orr values the food and beverage contract at $4 million plus a share of sales revenue. Total food and beverage sales were $93.9 million in 2008, generating $15.5 million for the airport.

As US Airways Group Inc. has dropped flights, the airport has seen a decline in retail sales, while food and beverage has been flat. Some specialty stores have been opening an hour later and closing an hour earlier.

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