Dear Neighbor,

Selling a cherished home—one filled with memories and significant value—is a major decision, and you’re right to approach it with care. You understand the stakes, from protecting your privacy and minimizing disruptions to navigating an ever-changing market.

Your home is one of your greatest financial assets, and you deserve to make informed, confident decisions. By staying ahead of local market trends and understanding how they impact your home’s value, you take control of the process. A transaction of this magnitude shouldn’t be left to chance, and your commitment to getting the facts ensures the best possible outcome.

Here are the top things you need to know:

Prices rise despite slower sales activity

Fewer homes are going under contract, and fewer transactions are closing compared to last March, with declines of 9.8% and 6.3%, respectively. However, home prices are still increasing and are up 7.1%, indicating that demand, though lower, is still strong enough to push up prices.

Sellers face fewer buyers, but serious ones still pay a premium. Limited inventory supports prices, keeping sellers in a strong position. Strategic pricing and polished listings are key to attracting serious offers.

Price Per Square Foot Holds Steady but Remains Up 5.2% YTD

The price per square foot has remained steady at $530 for the past four months, suggesting a period of market stabilization after previous gains. However, YTD, prices are still up 5.2%, reflecting overall appreciation despite recent price consistency.

For sellers, this trend reinforces that demand is still supporting elevated prices, but buyers may be reaching affordability limits, making pricing strategy more critical. Holding steady for several months suggests the market is finding an equilibrium, meaning sellers who price competitively and present their homes well can still capitalize on strong year-over-year gains.

Homes are Taking Longer to Sell Amid Tight Supply

Median days on market has risen to 8, doubling from a year ago. While this increase suggests a shift toward a more balanced market, homes are still selling relatively quickly by historical standards. The extended time on the market may reflect buyers becoming more selective or taking longer to make purchasing decisions due to affordability concerns.

Meanwhile, housing supply remains at 1.4 months for the third consecutive month, down 6.7% from last March. This continued low inventory supports price stability and seller leverage, as buyers still face limited options. However, with homes taking longer to sell, sellers should focus on competitive pricing and strong presentation to attract serious buyers in a market that remains tight but is showing signs of slowing demand.

As a homeowner, what does this mean for you?

If you are thinking of selling in the next 12 months, preparing now gets you the results you deserve and avoids the stress you don’t need.

This is likely your largest personal investment, and you deserve to navigate it with confidence. I’m here to provide expert guidance, market insights, and strategic support, ensuring you stay in control every step of the way. With the right knowledge and strategy, you can achieve the best possible outcome.

From day one, you take the lead with a customized plan designed for success. Your home deserves top value, and I provide the tools, insights, and connections to help you achieve it. With a targeted marketing strategy and access to top professionals, you can position your home for maximum return. When it’s time to go to market, your informed decisions—backed by my expertise—ensure you secure the best possible result.

If you are thinking of selling your home in the next 12 months, call me today for your initial, no obligation consultation > 704-604-1210

We will cover your goals, my unique approach to getting you the highest possible price in the fewest days on market, and if it’s a fit, next steps from there.

Call today > 704-604-1210

To your success!

Stephanie Cline
Belle Properties
belleproperties.com
stephanie@belleproperties.com
704-604-1210

 

 

 

Myers Park Market Highlights for February 2025

 

Single Family Home Stats	2024 vs 2025	Analysis
Median Sales Price	Up 7.1%	Median sales price is $1,842,500
New Listings	Down 11.8 %	135 new listings hit the market this month, which is less than last year indicating sellers are still staying put.
Closed Sales	Down 6.3%	118 transactions closed indicating more competition to attract serious buyers, requiring strategic pricing and marketing
Median Price/Square Foot	Up 5.2%	$530 per square foot shows buyers continue to put a premium on space.

 

*Source: Canopy MLS through 2/28/2025

 

 

What Clients Are Saying

 

Stephanie was simply amazing helping my parents sell their home! She helped us prep the house and stage it for the initial listing – which we’ve never experienced with another realtor. This was quite a feat as my parents had been in their home for 45 years. She was able to sell it at a significantly higher price than my parents and I could have imagined. We had high expectations and she far exceeded them; all while being incredibly patient, kind, and efficient with an older generation. Truly a blessing on all fronts. I would highly recommend Stephanie to anyone looking for a realtor!

 

~Seller

 

 

Stephanie enabled our out of state move to be seamless and expeditious. Her knowledge in real estate and the Charlotte market are unmatched, making the selling experience easy and successful. Stephanie listens extremely well to client desires and concerns, addressing them with a well developed strategy to meet all needs. Her home selling advice was impeccable and working with her absolutely exceeded our expectations. She was more than attentive and went above and beyond to represent us in the sale of our home. Consult Stephanie for an extraordinary real estate experience. She’ll take great care of you!

 

~Seller

 

Stephanie was recommended to us from another realtor. We came to her from out of state and had a very limited amount of time to purchase a house. She was incredible and exceeded our expectations far and beyond! She was such a blessing in this crazy market and helped us close on an amazing house in 2 weeks.

 

~Buyer

Dear Neighbor,

Selling a cherished home, particularly one with significant value and many memories, is a high-stakes and often emotional decision. The process can be daunting, given the need to protect privacy, minimize disruptions, and stay informed of the dynamic and unpredictable market conditions.

For many of us, our homes are our largest financial asset. It is important to understand the local market and its impact on the value and sale of your home. You don’t want to leave a transaction of this magnitude up to chance and you’re right to want the facts.

Here are the top things you need to know:

Rising Home Prices Offer Profit Potential for Sellers Despite High Interest Rates.

Strong price appreciation continues despite persistently high interest rates. The median sales price is currently at $1,862,500, up 12.2% YTD and at $532, price per square foot is also up 9.3%. This trend suggests a resilient demand, fueled by limited housing inventory and higher-income buyers sustaining the market.

This environment is prime for sellers as higher prices mean potentially greater profit margins. However, the high interest rates may limit the pool of qualified buyers, impacting the pace of sales as evidenced by a 50% increase in days on market. Sellers should remain adaptable to market conditions.

Strong Buyer Demand Amid Limited Supply Creates Advantageous Conditions for Sellers.

A drop in new listings by 3.4% combined with a 5.1% increase in closed sales in a market with limited supply at 1.6 months suggests strong buyer demand.

Fewer available properties create urgency among buyers and can lead to more competitive offers and possibly higher sale prices. Sellers looking to maximize their return and close deals efficiently understand the importance of strategically pricing their home from the start.

Sellers Achieve Full Listing Prices Despite Increase in Days on Market.

Closed sales are averaging 100% of the original listing price indicating strong market demand. However, with days on market increasing by 50% year-to-date, buyers are taking longer to make decisions and present offers.

For sellers, patience may be necessary as properties are staying on the market longer than they did previously. To achieve top dollar, it is essential for sellers to continue pricing and presenting their homes effectively to maintain buyer interest.

As a homeowner, what does this mean for you?

If you are thinking of selling in the next 12 months, preparing now gets you the results you deserve and avoids the stress you don’t need.

This is likely your largest personal investment. You can rely on me to provide professional direction and support throughout the entire transaction. With in-depth knowledge of the market, property values and local trends, I will help you make well-informed decisions as you navigate the complexities of the real estate transaction.

From day one, the weight of this transaction is lifted from your shoulders. We start with your customized strategic marketing plan and go from there. To maximize your ROI, I can help connect you with top-notch professionals to help you ensure your home can win the highest possible price. And when it’s time to go to market, I combine detailed market research with proven marketing strategies to get you the best possible price in the least amount of time.

If you are thinking of selling your home in the next 12 months, call me today for your initial, no obligation consultation > 704-604-1210

We will cover your goals, my unique approach to getting you the highest possible price in the fewest days on market, and if it’s a fit, next steps from there.

Call today > 704-604-1210

To your success!

Stephanie Cline
Belle Properties
belleproperties.com
stephanie@belleproperties.com
704-604-1210

 

 

 

Myers Park Market Highlights for November 2024

 

Single Family Home Stats	2023 vs 2024	Analysis
Median Sales Price	Up 12.2%	Median sales price is $1,862,500 and has grown steadily for the past year.
New Listings	Down 3.4%	140 new listings hit the market this month.
Median Days on Market	Up 50%	Median days on market are at 6, which is still very low compared to 21 days 5 years ago.
Price per Square Foot	Up 9.3%	At $531, price per square foot has grown 63% in 5 years

 

*Source: Canopy MLS through 10/31/2024

 

 

What Clients Are Saying

 

 

Stephanie never gave up on or became frustrated with our long time search for a home. She is a seasoned negotiator, expert ‘numbers cruncher’, and she was always on our side. She had helpful suggestions that a lesser experienced business person would have been unable to provide. She always does her homework and is a creative thinker. Fearless and respectful in her approach. We highly recommend Stephanie and her team of experts who helped us through what is normally a nerve wracking and complicated process of selling and buying simultaneously. Thanks for helping us and staying so positive!

Seller and Buyer

 

 

Stephanie was referred to me by a friend and I could not have found a better real estate agent. I have always been somewhat skeptical of the true value an agent provides but I can honestly say Stephanie far exceeded my expectations and worked extremely hard to find the perfect house for me. She is very responsive and provides the appropriate balance of market intelligence and local insight. Her diligence in the contract and negotiation process made it painless for me. I am in my new home and could not be happier. Thank you, Stephanie.

Buyer

 

 

 

Stephanie attended to every detail with incredible attention, and made the purchasing process a complete breeze. Frankly it felt like she was a real teammate in the process, with the skill set to make a deal, but really pushing for our best interests. I couldn’t give Stephanie any higher praise, and hope that you will consider her when you have a real estate need.

Buyer

Dear Neighbor,

Selling a cherished home, particularly one with significant value and many memories, is a high-stakes and often emotional decision. The process can be daunting, given the need to protect privacy, minimize disruptions, and stay informed of the dynamic and unpredictable market conditions.

For many of us, our homes are our largest financial asset. It is important to understand the local market and its impact on the value and sale of your home. You don’t want to leave a transaction of this magnitude up to chance and you’re right to want the facts.

Here are the top things you need to know:

Home values remain strong.

Current median sales price is up 13.3% at $1,892,500, reflecting strong buyer interest and competition in the market. Additionally, price per sq foot is up 8% at $528 suggesting that buyers are willing to pay a premium for space, further demonstrating the demand for properties.

For sellers, this creates a favorable environment to potentially achieve higher sale prices and quicker transactions, especially in desirable areas. However, this demand may also lead to increased competition among sellers, which demonstrates the importance of strategically pricing your home.

Buyers are backing off from rushing to purchase at asking price.

A 0.7% drop in the median sold vs. offer price signals that buyers are becoming more cautious and successful in negotiating lower prices than initially listed. Days on market increased 100% YTD suggesting homes are taking twice as long to sell, which often reflects overly ambitious pricing by sellers.

Sellers may need to be more flexible with pricing or offer concessions to close deals, as buyers are not feeling the pressure to make full price offers as quickly as they once were.

Fewer sales, lower listings, and rising inventory show signs of a cooling market.

Closed sales declined 7.1%, which could suggest that buyer activity is slowing down or that more deals are falling through. Similarly, a 6.2% drop in new listings means that fewer properties are entering the market. Meanwhile, month’s supply is up 23.1%, giving buyers more options and reducing the urgency to make offers quickly.

These trends collectively point to a cooling market, where sellers may face longer sales cycles and need to adjust pricing or expectations to attract buyers in a less competitive environment. The last thing you want is for your property to linger on the market or to sell at a price lower than its potential value.

As a homeowner, what does this mean for you?

If you are thinking of selling in the next 12 months, preparing now gets you the results you deserve and avoids the stress you don’t need.

This is likely your largest personal investment. You can rely on me to provide professional direction and support throughout the entire transaction. With in-depth knowledge of the market, property values and local trends, I will help you make well-informed decisions as you navigate the complexities of the real estate transaction.

From day one, the weight of this transaction is lifted from your shoulders. We start with your customized strategic marketing plan and go from there. To maximize your ROI, I can help connect you with top-notch professionals to help you ensure your home can win the highest possible price. And when it’s time to go to market, I combine detailed market research with proven marketing strategies to get you the best possible price in the least amount of time.

If you are thinking of selling your home in the next 12 months, call me today for your initial, no obligation consultation > 704-604-1210

We will cover your goals, my unique approach to getting you the highest possible price in the fewest days on market, and if it’s a fit, next steps from there.

Call today > 704-604-1210

To your success!

Stephanie Cline
Belle Properties
belleproperties.com
stephanie@belleproperties.com
704-604-1210

 

 

 

Myers Park Market Highlights for October 2024

 

Single Family Home Stats	2023 vs 2024	Analysis
Median Sales Price	Up 13.3%	Median sales price is $1,892,500.
New Listings	Down 6.2%	137 new listings hit the market this month.
Median Days on Market	Up 100%	Median days on market have been consistently 4 since Jan 2023, but are beginning to creep up and are currently at 8.
Price per Square Foot	Up 8%	At $528/sq. ft, Charlotte’s persistent low inventory is driving property values up, causing space to command higher prices.

 

*Source: Canopy MLS through 09/30/2024

 

 

What Clients Are Saying

 

 

Stephanie is more than a realtor to facilitate a real estate transaction. Her expertise, built on experience, helped us make the best decisions in both the buying and selling processes. In a market making some wild swings that could tempt us to act too quickly, Stephanie gave us calm guidance resulting in great outcomes. She used what she picked up about our likes/dislikes to give useful input when evaluating options. This made her indispensable when viewing potential houses. She has a knack for visualizing what living in a particular house would be like according to our preferences. She gives frank, honest input while always willing to work with our decisions. Stephanie is friendly, tactful and very sharp, which made her a great advisor and advocate.

Seller and Buyer

 

 

Stephanie is phenomenal to work with. She knows the Charlotte market inside and out, is up to speed on all the latest developments in the always changing real estate transaction landscape and knows how to get things done. I purchased my home in the Myers Park area and Stephanie made the process really smooth for me. And she thinks outside the box and recommended we ask the seller for something that I wouldn’t have thought of, which saved me a lot of money once I moved in. I was just speaking with someone last week who is moving to Charlotte and I told him he has to work with Stephanie. You will not be disappointed!

Buyer

 

 

Stephanie was AMAZING! She was beyond helpful in finding the perfect home for our family. We loved working with her and would recommend her without hesitation.

Out-of-state buyer

Dear Neighbor,

Selling a cherished home, particularly one with significant value and many memories, is a high-stakes and often emotional decision. The process can be daunting, given the need to protect privacy, minimize disruptions, and stay informed of the dynamic and unpredictable market conditions.

For many of us, our homes are our largest financial asset. It is important to understand the local market and its impact on the value and sale of your home. You don’t want to leave a transaction of this magnitude up to chance and you’re right to want the facts.

Here are the top things you need to know:

New listings and closed sales are down.

Closed sales are down 15.2% from last year while new listings in Myers Park also decreased 1.3%. These numbers suggest a less dynamic market, where activity from both buyers and sellers has diminished. This can impact pricing trends, days on market, and overall market sentiment.

With less properties available and fewer buyers closing deals, sellers might need to adjust their pricing expectations. When sellers ask for more than buyers are willing to pay, it can lead to fewer successful transactions. A solid strategic pricing and marketing plan ensures you sell quickly and avoid letting your home linger on the market.

Days on market increase for the first time since January 2023.

Days on market increased 25%. They are still remarkably low at 5 and the housing supply remains at 1.7 months. Buyers may be becoming more cautious or selective, possibly due to changes in financial conditions or market trends. Homes may be priced too high for current market conditions, leading to fewer offers and longer times on the market.

Homeowners looking to capitalize on the current market demand will be putting a pricing and marketing strategy in place now to secure the highest possible sale price.

Despite other changes in the market, prices are still rising.

Although, we are feeling a softening in the market, demand and low supply in Myers Park continue to place pressure on prices pushing the median sales price for single family homes up 23.8% from last year to $2,000,000.

This high demand really demonstrates the importance of pricing and marketing your home strategically. The last thing you want is for your property to linger on the market or to sell at a price lower than its potential value.

As a homeowner, what does this mean for you?

If you are thinking of selling in the next 12 months, preparing now gets you the results you deserve and avoids the stress you don’t need.

This is likely your largest personal investment. You can rely on me to provide professional direction and support throughout the entire transaction. With in-depth knowledge of the market, property values and local trends, I will help you make well-informed decisions as you navigate the complexities of the real estate transaction.

From day one, the weight of this transaction is lifted from your shoulders. We start with your customized strategic marketing plan and go from there. To maximize your ROI, I can help connect you with top-notch professionals to help you ensure your home can win the highest possible price. And when it’s time to go to market, I combine detailed market research with proven marketing strategies to get you the best possible price in the least amount of time.

If you are thinking of selling your home in the next 12 months, call me today for your initial, no obligation consultation > 704-604-1210

We will cover your goals, my unique approach to getting you the highest possible price in the fewest days on market, and if it’s a fit, next steps from there.

Call today > 704-604-1210

To your success!

Stephanie Cline
Belle Properties
belleproperties.com
stephanie@belleproperties.com
704-604-1210

 

 

Myers Park Market Highlights for July 2024

 

Single Family Home Stats	2023 vs 2024	Analysis
Median Sales Price	Up 23.8%	Median sale price is $2,000,000. Pricing correctly from the start, allows you to maximize offers and obtain the terms and price you prefer.
New Listings	Down 1.3%	149 new listings hit the market this month.
Percent of Original Price	–  0.0%	At 100%, the median sales to list ratio remains unchanged. Correctly priced, strategically marketed homes sell at or above list price, and sellers focused on ROI often seek my advice on how to invest in strategic updates before listing their home for sale.
Price per square foot	Up 6.5%	At $526/sq. ft, Charlotte’s struggle with low inventory results in space commanding a higher premium.

 

*Source: Canopy MLS through 07/31/2024

Dear Neighbor,

Selling a cherished home, particularly one with significant value and many memories, is a high-stakes and often emotional decision. The process can be daunting, given the need to protect privacy, minimize disruptions, and stay informed of the dynamic and unpredictable market conditions.

For many of us, our homes are our largest financial asset. It is important to understand the local market and its impact on the value and sale of your home. You don’t want to leave a transaction of this magnitude up to chance and you’re right to want the facts.

Here are the top things you need to know:

New listings continue to rise.

New listings in Myers Park increased 7.4% over the last year. More listings can lead to increased competition among sellers. These numbers demonstrate the importance of competitive pricing.

As inventory expands and buyers have more options, the demand for your house decreases. A solid strategic pricing and marketing plan brings top dollar and a quick sale that gets you where you are going faster.

Homes are still selling quickly.

Despite a 33.3% increase in supply, our market is still notably understocked at 1.6-months. This shortage is still pushing buyers to act quickly when a house hits the market. Median days on market remain consistent at 4. Houses that are priced to compete often receive multiple offers with seller preferred terms and sales price.

The numbers demonstrate strong opportunity for sellers in our neighborhood. Homeowners looking to capitalize on the current market demand will be putting a pricing and marketing strategy in place now to secure the highest possible sale price.

The demand is not slowing down, and prices are still rising.

Strong demand and low supply continue to place pressure on prices, pushing the median sales price for single family homes up 24.2% from last year to $1,899,999. The perpetual problem of limited supply seems to be persisting with no relief in sight.

This high demand really demonstrates the importance of pricing and marketing your home strategically. The last thing you want is for your property to linger on the market or to sell at a price lower than its potential value.

As a homeowner, what does this mean for you?

If you are thinking of selling in the next 12 months, preparing now gets you the results you deserve and avoids the stress you don’t need.

This is likely your largest personal investment. You can rely on me to provide professional direction and support throughout the entire transaction. With in-depth knowledge of the market, property values and local trends, I will help you make well-informed decisions as you navigate the complexities of the real estate transaction.

From day one, the weight of this transaction is lifted from your shoulders. We start with your customized strategic marketing plan and go from there. To maximize your ROI, I can help connect you with top-notch professionals to help you ensure your home can win the highest possible price. And when it’s time to go to market, I combine detailed market research with proven marketing strategies to get you the best possible price in the least amount of time.

If you are thinking of selling your home in the next 12 months, call me today for your initial, no obligation consultation > 704-604-1210

We will cover your goals, my unique approach to getting you the highest possible price in the fewest days on market, and if it’s a fit, next steps from there.

Call today > 704-604-1210

To your success!

Stephanie Cline
Belle Properties
belleproperties.com
stephanie@belleproperties.com
704-604-1210

 

 

 

Myers Park Market Highlights for June 2024

 

Single Family Home Stats	2023 vs 2024	Analysis
Median Sales Price	Up 24.2%	Median sale price is now at $1,899,999. Pricing correctly from the start, allows you to maximize offers and ultimately sell for the highest possible price with the terms your prefer.
New Listings	Up 7.4%	159 new listings hit the market this month. Despite this increase, demand still outweighs supply.
Percent of Original Price	0.0%	At 100%, sales to list ratios remain unchanged YTD. Correctly priced, strategically marketed homes sell at or above list price, and sellers focused on ROI often seek my advice on how to invest in strategic updates before listing their home for sale.
Price per square foot	Up 4.7%	With Charlotte still grappling with low inventory, space commands a higher premium, currently at $510/sq. ft.

 

*Source: Canopy MLS through 05/31/2024

 

LOOKING AHEAD

 

1. Home Values Continue to Rise

Rising home prices are attributed to a combination of factors driving upward pressure in the housing market. Mainly, there’s an ongoing shortage of housing inventory, resulting in heightened demand for each available property. By employing strategic marketing and positioning strategies, you can leverage the equity you’ve accumulated to achieve optimal returns on your investment in the current market climate.

 

2. Charlotte is Attractive to New Businesses

Charlotte continues to draw new companies due to its business-friendly environment, strong economy, and abundant talent pool. 125 people move to Charlotte a day and these new buyers are drawn to neighborhoods like Myers Park and the surrounding areas. Effective marketing and strategic positioning can leverage the equity you have accumulated, ensuring a premium return on your investment.

 

3. Why Strategy Matters

The real estate landscape is inherently local, always changing, and strategies must keep pace. By partnering with a knowledgeable local real estate expert who understands how to market effectively to the most suitable buyers, you can confidently sell your home in a timely manner and maximize the profit for your unique property.