2 0 2 0 F r i ends , Cl i ent s , Col l ea gues , T he r s tqua r t erof2020s t a r t edoffs t r ong, wi t har obus tbuy erdema nd, r educ edi nv ent or y , a nda hi ghers a l esv ol ume. Begi nni ngt hey ea rons uc hpos i t i v emoment um ha shel pedt r emendous l y . Cha r l ot t ewa sonat r a j ec t or yofr ea l es t a t es uc c es sunma t c hedi nr ec enthi s t or y . T hi shi s t or y , howev er , wa sa boutt oc ol l i dewi t hapa ndemi ct ha tha sha da nunpr ec edent edi mpa c tont hi s c i t y ’ sec onomy . COVI D19i sf a rf r om gone, butwec a nbegi nt os ees omel i ghta tt heendoft he t unnel a ndmuc ht obepos i t i v ea bout . Des pi t ei nc r edi bl ec ha l l enges , r ea l es t a t eha sc ont i nuedt opi v ota nda da ptt onewwa y sof c onduc t i ngbus i nes s . Wi l k i ns onE RA’ sv i r t ua l t r a ns a c t i ons er v i c esha v es ea ml es s l yr ol l edout , a l l owi ngpr os pec t i v ebuy er st os hoponl i ne, c onduc tv i r t ua l a ppoi nt ment s , s i gnc ont r a c t s , a nd ev enc l os eont hei rpur c ha s esi ns omeofourma r k et s . I tma ynotbet hei dea l t i mi ng, butt her ei s noques t i onouri ndus t r ya ndc ompa nywer er ea dyt oa da ptf ort hec ons umer . COVI D19a s i de, t he r s tqua r t erof2020ha sbeenc ons i s t entwi t h2019i nma nyr es pec t s . Al t hough we’ r eex per i enc i ngas l owdowni nphy s i c a l buy era c t i v i t y , t hedema ndf orCha r l ot t ea r ear ea l es t a t e r ema i nss t r ong. WhenGov er norCooper ’ s“ S t a ya tHome”or deri sl i f t ed, weex pec tt ha tpent up dema ndwi l l r et ur n, r es ul t i ngi nas ol i dQ3a ndQ4per f or ma nc e. Buy er sa r ewa i t i ngont hes i del i nes t owa t c hwha tha ppensov ert henex tc oupl eofmont hs . Onc et hi ngsha v es et t l ed, weex pec tt os ee bus i nes sr a mpupqui c k l y , dr i v i ngma j orgr owt hi nQ3&Q4. T hi ss t or ya l s or es oundsa c r os sourv i br a ntma r k et si nWi ns t onS a l em, As hev i l l e, Ra l ei gh, &Dur ha m. Al l ma r k et sha v edemons t r a t edc ons i s t entgr owt ha tt hes t a r toft hey ea ra ndex per i enc eda s l owi ngofCl os edHomesa ndNewL i s t i ngsonc et hepa ndemi ca r r i v edi nNor t hCa r ol i na . Wes t r ongl ybel i ev et ha twewi l l mov et hr ought hes ec ha l l engi ngda y sa ndc omeoutoft hi s s t r ongera ndbet t erpos i t i onedf ors uc c es st hr oughoutourc ommuni t i es . Wea r ehopef ul a bout ndi ngeffec t i v et r ea t ment sa ndav a c c i nef orCOVI D19. Asa l wa y s , wer ema i ns t ea df a s ti nour c ommi t mentt oy ou, r ea dyt oa s s i s ty ou, y ourc l i ent s , a ndy ourt r a ns f er eesmov i ngi nt oa ndoutof t hema r k et swes er v e. I tha sbeenours i nc er epl ea s ur et owor kwi t hy oua ndwel ookf or wa r dt oa hea l t hya nds a f es ec ondqua r t era ndbey ond. E bMoor e Pr es i dent&CE O Wi l k i ns onE RARea l E s t a t e
CHARL OTTE
RESI DENTI ALSALESSUMMARY I n2 0 1 9 , t heCha r l ot t er e s i de nt i a l r e a l e s t a t ema r k e tfi ni s he dt hede c a deonahi g ha ndc ont i nue dt hi smome nt um i nt oJ a nua r yof 2 0 2 0 . F a s tf or wa r dt ot oda ya ndr e a l e s t a t ea swek ne wi tha dc ha ng e ddr a ma t i c a l l yi nF e br ua r ya nd Ma r c hof t hi sy e a r . e“ boom”t a l kof Cha r l ot t es t i l l e x i s t s —i t ’ sj us tov e r s ha dowe dr i g htnowbyapa nde mi ct ha t i sbe i ngv i g or ous l yf oug htt hr oug houtc ommuni t i e s . Cha r l ot t es t i l l hol dspl a c ei nt het opt e nU. S . hous i ngma r k e t s . De ma ndha sque l l e di nr e c e ntmont hs , butt he s hor t a g eof hous i ngt hr oug houtt hei nt ownc ommuni t i e sa ndwi de rCha r l ot t e a r e ac ont i nue st odr i v epr i c e s upwa r d, wi t hmor ebuy e r sl ook i ngt obuyi nbot he s t a bl i s he dne i g hbor hoodsa ndc ommuni t i e si nt r a ns i t i on. Cha r l ot t ehomes a l e si nQ1we r es l i g ht l yhi g he r( 8 . 6 0 %)i ns a l e sv ol umet ha nQ12 0 1 9 . eMe di a nS a l e sP r i c ef ora s i ng l e f a mi l yhomeorc ondoi nCha r l ot t edur i ngQ1wa s$ 2 6 4 , 0 0 0 , anot a bl ei nc r e a s eof 1 0 . 7 4 %! eAv e r a g eP r i c e P e rS qua r eF ootha sr i s e n9 . 5 6 %, whi c hi sc ons i s t e ntwi t hpr e v i ousbuy e rde ma nda ndr i s i nghomepr i c e s . F or e c a s t sf orQ22 0 2 0pr oj e c tabumpyf e wmont hsi ns a l e s , howe v e rQ3a ndQ4a r epr oj e c t e dt obedr i v e nby pe nt upbuy e rmome nt um, dr i v i ngQ3a ndQ4s a l e supwa r d. Wer e ma i nf or t una t et oha v eas ol i dj obe c onomy , e duc a t e dwor kf or c ea nda ffor da bi l i t yi nc ompa r i s onwi t ht opt i e rhous i ngma r k e t sl i k eNe wYor k , Chi c a g o, Mi a mi , e t c . . Wec a n’ tmi ni mi z et hei mpa c tont hes e r v i c ei ndus t r ya ndt hei mpa c tt hi sc oul dha v eonourc ommuni t i e s , howe v e rfl a t t e ni ngt hec ur v eof t heCOVI D1 9v i r usa nda dhe r i ngt ot heS t a ya tHomeor de rwi l l g oal ongwa yt o r e s umi ngaf a mi l i a rwa yof l i f eonc ea g a i n.
2
CHARL OTTE CI TYResidential DaysonMar ket Januar y t hr ough Mar ch
43
Li stt oSal esPr i ceRat i o
43
43
J anuar y t hr ough Mar ch
Medi anSal esPr i ce Januar y t hr ough Mar ch
Sol dHomes/Cl osedSal es J anuar y t hr ough Mar ch
99%
Mont hsSuppl y Januar y t hr ough Mar ch
Pr i cePerSquar eFoot Januar y t hr ough Mar ch
$166. 70
$152. 16
9. 56%
4, 890
4, 892
0. 04%
New Li st i ngs Januar y t hr ough Mar ch
3
ME CKL E NBURG COUNTYResidential I n c l u d i n gCh a r l o t t e , Co r n e l i u s , Da v i d s o n , Hu n t e r s v i l l e
DaysonMar ket Januar y t hr ough Mar ch
43
Li stt oSal esPr i ceRat i o
43
43
J anuar y t hr ough Mar ch
Medi anSal esPr i ce Januar y t hr ough Mar ch
Sol dHomes/Cl osedSal es J anuar y t hr ough Mar ch
99%
Mont hsSuppl y Januar y t hr ough Mar ch
Pr i cePerSquar eFoot Januar y t hr ough Mar ch
$164. 18
$150. 76
8. 90%
6, 025
6, 169
2. 33%
New Li st i ngs Januar y t hr ough Mar ch
4
eMe di a nS a l e sP r i c ei n Q12 0 2 0f oras i ng l ef a mi l y homei nCha r l ot t ewa s $ 2 6 4 , 0 0 0f ora y e a rov e ry e a ri nc r e a s eof 1 0 . 7 4 %
Apa r t me ntoc c upa nc yi nCha r l ot t e i s9 1 . 8 %wi t hmor et ha n2 0 , 9 6 1uni t spr opos e d i nne wa pa r t me ntpr oj e c t s&c ommuni t i e s .
I nF e br ua r y2 0 2 0 , t hea v e r a g emont h’ s r e nti nCha r l ot t ewa s$ 1 , 2 5 9 ( $ 2 5 0l e s st ha nt hena t i ona l a v e r a g eof $ 1 , 4 6 8 ) * *
eMe di a nS a l e sP r i c ei n 2 0 2 0f oras i ng l ef a mi l y homei nMe c k l e nbur gCount y wa s$ 2 7 8 , 6 0 5f ora y e a rov e ry e a ri nc r e a s eof 1 0 . 1 3 %
* Cha r l ot t eBus i ne s sJ our na l 2 0 2 0da t a| * * RE NTCa f eF e br ua r y2 0 2 0da t a
L or e mI ps um
CHARL OTTE ARE A COUNTI E SResidential DaysonMar ket Januar y t hr ough December MAR
CABARRUSCOUNTY
43
43
Li stt oSal esPr i ceRat i o 4 5 J anuar y t hr ough Dec ember
Medi anSal es Pr i ceJanuary t hr ough December
43 4 9
8 . 1 6 %
8 2 5 $ 2 5 5 , 0 0 0
8 4 6 $ 2 3 3 , 6 6 8
2 . 4 8 %
1 . 7
2 . 5
$ 1 2 5 . 6 4 1 , 1 0 7
$ 1 1 4 . 0 0
9 8 %
1 , 1 5 9 9 8 %
9 . 1 3 % 3 2 . 0 0 % 1 0 . 2 1 % 4 . 4 9 % 0 . 0 0 %
Aa N U ARY-MARCH Sol dHomes/Cl osedJ S l es
99%
J anuar y t hr ough Dec ember
UNI ONCOUNTY Mont hsSupp l y MA R Januar y t hr ough December
Pr i cePerSquar eFoot Januar y t hr ough December
$137. 13
$150. 71
9. 90%
New Li st i ngs Januar y t hr ough December
J ANUARY-MARCH 25, 091
24, 603
1. 94%
6
CHARL OTTE ARE A COUNTI E SResidential DaysonMar ket Januar y t hr ough December
YORKCOUNTY, S C
43
Li stt oSal esPr i ceRat i o
MAR
J anuar y t hr ough Dec ember
Medi anSal esPr i ce Januar y t hr ough December
Lor e mI ps um
Sol dHomes/Cl osedSal es
43
4 3 202 0
2019
4 5
4 9
8 . 1 6 %
1 , 0 3 6
1 , 0 1 3
$ 2 6 9 , 9 0 0
$ 2 8 4 , 1 5 8
2 . 2 7 % 5 . 0 2 %
1 . 7 3
2 . 4
2 7 . 9 2 %
$ 1 3 2 . 6 5
$ 1 2 2 . 4 6
8 . 3 2 %
1 , 6 0 3 9 9 %
1 , 6 4 5 9 8 %
2 . 5 5 % 1 . 0 2 %
J ANUARY-MARCH
99%
J anuar y t hr ough Dec ember
L ANCAS TE RCOUNTY, S C
Mont hsSuppl y
MAR
Januar y t hr ough December
Pr i cePerSquar eFoot Januar y t hr ough December
$137. 13
L or e mi ps um
LI s tt oSa l e sPr i c eRa t i o
7
25, 091
2020
2019
5 5
6 4
1 4 . 0 6 %
4 2 7
3 7 4
1 4 . 1 7 %
$ 3 0 0 , 0 0 0
$ 2 9 9 , 1 2 4
0 . 2 9 %
2 . 1 3
2 . 9 3
2 7 . 3 0 %
$ 1 2 9 . 8 8 $150. 71 5 8 6
6 . 2 8 %
$ 1 2 2 . 2 1 9 . 9 0 % 5 8 7
9 9 %
0 . 1 7 % 0 . 0 0 %
9 9 %
J ANUARY-MARCH 24, 603
1. 94%
3
L or e mI ps um
WI NS TONS AL E M&
HI GHP OI NTResidential DaysonMar ket Januar y t hr ough December
WI NS TONS AL E M MAR
432020 43
Li stt oSal esPr i ceRat i o 4 1 J anuar y t hr ough Dec ember
Medi anSal es Pr i ceJanuary t hr ough December
2 0 1 9 4 3 5 2
2 1 . 1 5 %
7 5 2 $ 1 6 9 , 9 5 0
7 4 4 $ 1 5 2 , 0 0 0
1 . 0 8 %
2 . 0 7
2 . 2 7
$ 1 0 3 . 2 4 1 , 2 3 1
$ 9 7 . 1 4
9 8 %
1 , 1 7 8 9 8 . 5 5
1 1 . 8 1 % 8 . 8 1 % 6 . 2 8 % 4 . 5 0 % . 5 6 %
Aa N U ARY-MARCH Sol dHomes/Cl osedJ S l es
99%
J anuar y t hr ough Dec ember
HI GHP OI NT Mont hsSupp l y MA R Januar y t hr ough December
2 0 2 0
2 0 1 9
Pr i cePerSquar eFoot Januar y t hr ough December
$410
$150. 71
9. 90%
New Li st i ngs Januar y t hr ough December
J ANUARY-MARCH 25, 091
24, 603
1. 94%
8
GRE E NS BORO R e s i d e n t i a l
DaysonMar ket Januar y t hr ough December
GRE E NS BORO
43
Li stt oSal esPr i ceRat i o
MAR
J anuar y t hr ough Dec ember
Medi anSal esPr i ce Januar y t hr ough December
Lor e mI ps um
Sol dHomes/Cl osedSal es
4 202 03
2019
4 2
5 5
2 3 . 6 4 %
9 1 2
8 5 3
$ 1 8 0 , 5 0 0
$ 1 7 0 , 5 0 0
6 . 9 2 % 5 . 8 7 %
1 . 6
2 . 2 3
2 8 . 2 5 %
$ 1 0 8 . 8 3
$ 1 0 0 . 3 2
8 . 4 8 %
1 , 2 4 5 9 8 %
1 , 2 5 2 9 8 %
0 . 5 6 % 0 %
J ANUARY-MARCH
99%
J anuar y t hr ough Dec ember
AS HE VI L L E
Mont hsSuppl y Januar y t hr ough December
Pr i cePerSquar eFoot Januar y t hr ough December
$137. 13
L or e mi ps um
LI s tt oSa l e sPr i c eRa t i o
9 7
25, 091
5 4
5 6
3 . 7 0 %
1 , 5 6 1
1 , 8 4 6
1 8 . 2 6 %
$ 2 6 8 . 0 0 0
$ 2 7 8 , 9 5 0
4 . 0 9 %
3 . 6
2 . 9 9
1 6 . 9 4 %
$ 1 1 4 . 8 2 $150. 71 2 , 1 4 4 9 8 %
3 . 6 1 %
$ 1 1 8 . 9 6 9 . 9 0 % 2 , 2 1 7
3 . 4 0 % 0 . 0 0 %
9 8 %
J ANUARY-DE CE MBE R 24, 603
1. 94%
3
L or e mI ps um
AS HE VI L L E R e s i d e n t i a l
DaysonMar ket Januar y t hr ough December
AS HE VI L L E
2020 Li stt oSal esPr i ceRat i o 7 2 MAR
J anuar y t hr ough Dec ember
Medi anSal es Pr i ceJanuary t hr ough December
43
20 1 9 4 3 6 6
2 . 7 0 %
4 5 6 $ 3 3 6 , 0 0 0
3 9 1 $ 2 9 2 , 5 0 0
1 6 . 6 2 %
2 . 6 3
3 . 7
$ 2 2 1 . 5 0 5 9 8
$ 2 0 2 . 5 7
9 7 %
6 2 4 9 7 %
1 4 . 8 7 % 2 8 . 9 2 % 9 . 3 4 % 4 . 1 7 % 0 %
Aa N U ARY-MARCH Sol dHomes/Cl osedJ S l es
99%
J anuar y t hr ough Dec ember
HI GHP OI NT Mont hsSuppl y Januar y t hr ough December
Pr i cePerSquar eFoot Januar y t hr ough December
$137. 13
$150. 71
9. 90%
New Li st i ngs Januar y t hr ough December
J ANUARY-DE CE MBE R 25, 091
24, 603
1. 94%
6
1 0
L or e mI ps um
RAL E I GH&
DURHAM Residential DaysonMar ket Januar y t hr ough December
RAL E I GH
MAR
c I TY
432 3 0 1 8 2 0 2 0 4
Li stt oSal esPr i ceRat i o 2 7 J anuar y t hr ough Dec ember
Medi anSal es Pr i ceJanuary t hr ough December
2 0 1 9 2 0 1 9 4 3 2 5
8 . 0 0 %
1 , 9 1 1 $ 2 9 9 , 0 0 0
1 , 7 8 2 $ 2 7 4 , 3 8 5
7 . 2 4
1 . 5
1 . 8 3
$ 1 6 5 . 0 0 2 , 7 4 5
$ 1 5 6 . 0 0
9 9 %
2 , 7 0 1 9 9 %
8 . 9 7 % 1 8 . 0 3 % 5 . 7 7 % 1 . 6 3 % 0 %
A N U ARY-MARCH Sol dHomes/Cl osedJ S a l e s
99%
J anuar y t hr ough Dec ember
DURHAM
Mont hsSupp l y MA R Januar y t hr ough December
2 0 1 8 2 0 2 0
2 0 1 9 2 0 1
Pr i cePerSquar eFoot Januar y t hr ough December
$137. 13
$150. 71
9. 90%
New Li st i ngs Januar y t hr ough December
J ANUARY-MARCH 25, 091
24, 603
1. 94%
11
Look i ngf orac a r e e rt ha ti sar e a l gr owt h oppor t uni t ya ndno tj u s taj o b ? Ac ha l l e ngi nga ndr e wa r di ngc a r e e rwi t ht heba c k i ngofa ni nt e r na t i ona l br a ndr a nk e d#1i nt heCa r ol i na s ,offe r i ngs t a t e of t he a r tt e c hnol ogy t ha the l psy ouwor ks ma r t e r ? Ti met ot r yac a r e e rwi t h Wi l ki ns onERAReal Es t at e
EARN. . . . . .MORE Themo s tc o mpe t i t i v ec o mpe ns at i o npl anar o und
I NVEST . . . . MORE I nv e s tmo r ei ny o urr e al e s t at eb us i ne s s
LI VE. . . . . . . . . MORE Ar e al e s t at ec ar e e rwi t hWi l k i ns o nERA c anhe l py o ul i v et hel i f eo fy o urdr e ams !