2021 Q1 Wilkinson ERA Relocation & Corporate Services Market Overview

2021FI RSTQUARTERMARKETREPORT Pr e p a r e df o rt heAr e a sweSe r v e

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J oa nT homa s , S CRP, GDS Pr es i dent , Rel oc a t i ona ndCor por a t eS er v i c es Wi l k i ns onE RARea l E s t a t e

CHARLOTTE AREA

RESIDENTIAL SALES SUMMARY The first quarter for the Charlotte Region residential real estate market continued an upward trend in home sales and median sales price for both the Charlotte Metro area and Mecklenburg County.

The steady increase of out-of-town buyers entering the market has created a demand for housing that is unprecedented. Statistics from the first quarter of 2021 have presented some staggering results: Key observationsfrom this First Quarter 2021 Charlotte Area Market Report are:

-Homes in Charlotte are selling for 100% of asking price in this active seller's market!

-Days on Market for both City of Charlotte and Mecklenburg County are down 37% and 39% respectively, moving closer and closer to single-digit results and solidifying this "seller's market".

-All of the markets we serve in this report have Inventory (or Month's Supply) below 2 months, the lowest number of available homes for sale in a Q1 of any recent years.

-The Median Sales Price increased in every market, with some areas showing double-digit increases on Q1 2020! Measured, single-digit growth in line with inventory and closed sales was seen in Raleigh and Durham, High Point, and Asheville. Winston-Salem showed the largest price gains with a 17.72% increase in Median Sales Price over Ql 2020 results, hitting the $200,000 mark.

r

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%

3, 640

Mont hsSuppl y Januar y t hr ough Mar ch

1.

6

Pr i cePerSquar eFoot Januar y t hr ough Mar ch

$191.

66

$166.

70

14.

9%

4, 733

86 99 0 4, 9

4.

75%

New Li st i ngs Januar y t hr ough Mar ch

3

The Median Sales Price in 2020 for a single family home in Charlotte was $308,100 for a year over year increase of 16.26%

Charlotte Occupied Housing Units**

59% of homes are owner-occupied households and 40% are renter-occupied households .�

As of March, 2021,

the Average Month's Rent in Charlotte was$ 1,301 (a 3% increase on 2020)*

The Median Sales Price in Q1 2021 for a single family home in Mecklenburg County was $325,000 for a

year over year increase of 16.11%

WILKINSON ERA REAL ESTATE 2021 Q1 REAL ESTATE MARKET UPDATE

MECKLENBURG CQ LJ NTY Residential Including Charlotte, Cornelius, Davidson, Huntersville

Da s on Market

2021 25

2020

%CHANGE

41

-39.02%

2020

%CHANGE

List to Sales Price Ratio 100%

Median Sales Price

Sold Homes I Closed Sales

Months Su

99%

1.01%

2020

%CHANGE

$278,605

16.11%

2020

%CHANGE

4,418

4.84%

2020

%CHANGE

1.43

-58.82%

2020

%CHANGE

$164.18

15.98%

2020

%CHANGE

Price Per S $189.33

6,025

-6.00% 5

WILKINSON ERA REAL ESTATE 2021 Q1 REAL ESTATE MARKET UPDATE

CHARLOTTE-AREA COUNTIES

Residential

CABARRUS COUNTY Including Concord, Harrisburg JAN THROUGH MAR

2021

2020

AVG Days on Market

20

46

Total Closed Homes

854

853

0.12%

Median Sales Price

$286,500

$255,725

12.03%

AVG Months Supply

1.5

1.6

-6.25%

AVG Price Per Sq Ft

$142.87

$125.60

13.75%

Total New Listings

971

1,150

-15.57%

List to Sales Price Ratio

100%

98%

2.04%

--------

%CHANGE

-56.52%

JANUARY - MARCH

UN ION COUNTY Including Monroe, Waxhaw, Wedddington JAN THROUGH MAR

2021

2020

%CHANGE

AVG Days on Market

24

51

-52.94%

Total Closed Homes

906

899

0.78%

Median Sales Price

$349,950

$310,000

12.89%

AVG Months Supply

0.6

1.8

AVG Price Per Sq Ft

$157.07

$134.18

Total New Listings

1294

1,396

-7.31%

List to Sales Price Ratio

100%

98%

2.04%

--------

-66.67% 17.06%

JANUARY - MARCH 6

WILKINSON ERA REAL ESTATE 2021 Q1 REAL ESTATE MARKET UPDATE

CHARLOTTE-AREA

COUNTIES YORK COUNTY, SC

Residential

Including Fort Mill, Lake Wylie, Rock Hill

2021

2020 45

-57.78%

Total Closed Homes

1,206

1,090

10.64%

Median Sales Price

$297,990

$269,250

10.67%

AVG Months Supply

0.6

AVG Price Per Sq Ft

$151.64

$133.18

13.86%

Total New Listings

971

1,150

-15.57%

List to Sales Price Ratio

100%

JAN THROUGH MAR AVG Days on Market

19

1.8

99%

%CHANGE

-66.67%

1.01%

JANUARY - MARCH -------------

LANCASTER COUNTY, SC JAN THROUGH MAR

2021

2020

%CHANGE

53

-45.28%

AVG Days on Market

29

Total Closed Homes

500

461

8.46%

Median Sales Price

$335,000

$300,900

11.33%

AVG Months Supply

0.9

2.6

-65.38%

AVG Price Per Sq Ft

$143.77

$130.21

10.41%

Total New Listings

558

622

-10.29%

99%

99%

0.00%

------List to Sales Price Ratio

7

Including Lancaster, Indian Land

JANUARY - MARCH

WILKINSON ERA REAL ESTATE 2021 Q1 REAL ESTATE MARKET UPDATE

WINSTON SALEM &

HIGH PQINTResidential WINSTON SALEM JAN THROUGH MAR

2021

2020

AVG Days on Market

29

41

-29.27%

Total Closed Homes

913 $200,000

767

19.04%

$169,900

17.72%

AVG Months Supply

0.9

1.9

-52.63%

AVG Price Per Sq Ft

$142.37

$103.38

37.72%

Total New Listings

1,074

1,229

-12.61%

List to Sales Price Ratio

100%

98%

2.04%

Median Sales Price

--------

%CHANGE

JANUARY - MARCH

HIGH POINT JAN THROUGH MAR

2021

2020

%CHANGE

AVG Days on Market

25

35

-28.57%

Total Closed Homes

391

312

21.43%

Median Sales Price

$182,500

$175,950

3.72%

AVG Months Supply

0.9

2.0

-55.00%

AVG Price Per Sq Ft

$91.86

13.12%

Total New Listings

$103.91 452

413

9.44%

List to Sales Price Ratio

99%

97%

2.06%

--------

JANUARY - MARCH 8

WILKINSON ERA REAL ESTATE 2021 Q1 REAL ESTATE MARKET UPDATE

GREENSBORO Residential

GREENSBORO JAN THROUGH MAR

2021

2020

%CHANGE

AVG Days on Market

23

42

1099

-45.24%

944

16.42%

Median Sales Price

$195,995

$175,000

AVG Price Per Sq Ft

List to Sales Price Ratio

100%

Total Closed Homes AVG Months Supply

Total New Listings

----------

12.00%

$121.27

1.7

-52.94%

$108.88

1,144

1,249

-8.41%

0.8

JANUARY - MARCH

98%

11.38% 2.04%

WILKINSON ERA REAL ESTATE 2021 Q1 REAL ESTATE MARKET UPDATE

ASHEVILLE Residential

ASHEVILLE JAN THROUGH MAR

2021

2020

AVG Days on Market

51

72

-29.17%

Total Closed Homes

559

456

20.22%

Median Sales Price

$355,000

$335,000

5.97%

AVG Months Supply

1.5

3.1

-51.61%

AVG Price Per Sq Ft

$245.62

$221.37

10.95%

Total New Listings

595

609

-2.30%

List to Sales Price Ratio

99%

97%

2.06%

--------

%CHANGE

JANUARY - MARCH

10

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"�

-'?"--

.

J,;

"

,,-

.

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 1 4

Li stt oSal esPr i ceRat i o 1 6 J anuar y t hr ough Dec ember

Medi anSal es Pr i ceJanuary t hr ough December

2 0 1 9 2 0 2 0 4 3 2 7

4 0 .

7 4 %

1 , 9 6 9 $ 3 2 2 , 0 0 0

1 , 9 1 1 $ 2 9 9 , 0 0 0

2 .

1 8 %

0 .

8

1 .

5

$ 1 8 7 .

0 0 2 , 3 7 5

$ 1 6 5 .

0 0

1 0 1 %

2 , 7 4 5 9 9 %

7 .

6 9 % 5 0 .

0 0 % 1 4 .

0 2 % 1 3 .

8 9 % 2 .

0 2 %

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 1

2 0 2 0 2 0 1 9

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

OUR RELOCATION TEAM Joan Harpootlian Thomas, SCRP, GMS President, Reloca tion and Corporate Services 0: 704-815-9303 Joan.Thomas@WilkinsonERA.com

Allie Thomas, CRP, GOS Vice President, Relocation and Corporate Services 0: 704-815-9305 Allie.Thomas@WilkinsonERA.com

Tracy Hill Vice President, Business Development Charlotte and Raleigh-Durham 704-575-9545 Tracy.Hill@WilkinsonERA.com

Tricia Hodge Senior Relocation Counselor 0: 704-815-0462 Tricia.Hodge@WilkinsonERA.com

Malisha Singletary Relocation and Affinity Manager O: 704-815-9313 Malisha.Singletary@WilkinsonERA.com

Kristin Malone Broker-to-Broker Coordinator O: 704-815-0462 Kristin.Malone@WilkinsonERA.com

Main Relocation Line 704-815-0463