The agents driving Charlotte’s real estate boom

Charlotte, North Carolina, has become a major player in the real estate industry in Southeast America, thanks to its rapid growth and increasing appeal to homebuyers. Although residential real estate values ​​in cities like New York and Chicago have not yet reached the trillion-dollar mark, Charlotte’s market has still experienced significant growth, with total real estate values ​​reaching $200 billion as of 2023.

From September 4, 2024 Alto’s research reports 1,530 active listings for homes and 791 active listings for apartments in Charlotte. This inventory has only fueled competition among the city’s real estate professionals. Charlotte’s continued growth and relatively limited inventory have intensified the race to secure listings and represent buyers, putting the spotlight on the top-performing agents with the ability to deliver results to both buyers and sellers.

In these types of environments the cream comes to the surface. RealTrends Verified Analysis shows that to get into Charlotte’s top 25 agents, you need to bring in more than $23.3 million in annual revenue. Even cracking the top 50 requires an impressive $16.4 million in sales to stand out in the Queen City real estate world.

The RealTrends Verified City Rankings put Charlotte’s real estate royalty in the spotlight. Agents love Bala Sure from RE/MAX Executive And Sherry horn by Keller Williams are leading the way, each closing 70 or more transaction sides by 2023. Sure currently wears the crown on Charlotte’s rankings with 78 transaction sides.

Sure’s impressive 78 transactions translate to approximately $38.3 million in volume through 2023, cementing his status as one of North Carolina’s top agents and placing him among the top agents in the state.

View Charlotte’s RealTrends verified city rankings here.

The current Charlotte RealTrends Verified City Ranking is open to nominations and data submissions to September 13, 2024with the final rankings set to be released in the fourth quarter.

RealTrends Verified can be accessed via RealTrends.com And HousingWire.comattracting significant search traffic from home buyers and sellers looking for top agents, teams and brokers at the city, state and national levels. These national and city rankings help select and hire agents for buyers and sellers, as well as highlight performance and market expertise for business partnerships and referrals.

Postcode spot – 28207

While Charlotte’s average price is a respectable $473,382, according to Altos Research, zip code 28207 tells a different story. Home to the prestigious Myers Park neighborhood, luxury living takes center stage. Here, average list prices reach $2.15 million, with the price per square foot surpassing $522.

In this high-end market, teams love Aubrey & Brandon Grier of Dickens Mitchener Residential Real Estate consistently shine and orchestrate deals in Charlotte’s most sought-after enclaves. In 2023, they sold a volume of over $52 million with an average home price of $1.8 million.

As the city continues to attract newcomers and businesses alike, the real estate market will continue to evolve to meet changing demands. To keep up and stay ahead, real estate agents must stay ahead of potential clients looking to buy, sell or invest in Charlotte’s housing market.