Charlotte Housing Market

Charlotte NC Housing Monthly Review – May 2017

Lake Norman, North Carolina Real Estate for Sale

Charlotte-NC-Real-Estate-for-Sale

————————-
Charlotte NC Housing Monthly Review – May 2017
  • KEY HIGHLIGHTS. The Charlotte, North Carolina housing market continued many of the positive trends exhibited recently although affordability continues to be the most substantial headwind forming.  Another headwind potentially is higher interest rates as well if the Federal Reserve continues to hike rates.
  • CUMMULATIVE DAYS ON MARKET.  This figure now stands at 52 down from 63 a year ago, down 7 from April’s 56 and near record lows dating back to 2004.  The decline continues a trend that began since 2011.
  • AVERAGE SALES PRICE.  This figure FELL slightly from near record levels at $274,957 in May vs April’s $275,49, but still up 6.6% year over year.  The 12 month average stood at 8.6%.
  • CLOSED SALES.  This figure fell 0.3% year over year while year to date rose 7.0%.
  • PENDING SALES. This figure rose 16.6% year over year while year to date rose 8.1%.
  • MONTHS OF SUPPLY OF HOMES.  This figure held steady from the prior month at 2.5 days, but fell year over year by 26.5% from 3.4.  The figure remains near record lows for data since 2005.
  • COMMENTARY. The recent drop in 30 year mortgage rates (according to Freddie Mac) to seven months lows remain the most significant positive development in the near-term.  In addition, with the Commerce Department reporting wages rising 0.7% (above expectations) that too needs to be closely watch given the affordability issues that may thwart any further price appreciation.  Over longer-term future Federal Reserve rate hikes and potential tax cuts by the Administration remain key factors in sustaining the health of the housing market.

Data Source:  Charlotte REALTOR Association…for Charlotte NC Housing.

Charlotte NC Housing Real Estate Market is a huge area with may “sub-locations” to choose from while still being in the Charlotte / Mecklenburg County area.  If you are interested in information pertaining to these areas, or would love information on Lake Norman Real Estate for Sale such as Huntersville, NC Real Estate, please Contact Us! … The Martin Real Estate Team of Lake Norman

704-900-1619

Real Estate Options:

Please view our:

Charlotte Homes for Sale

Active MLS Listings above $300,000

Charlotte homes

Listings 1 - 20 of 1139   next

7034 Blakeney Greens Boulevard -- 3 BR, 2.1 BA
Price: $564,900 (2288 sqft)
Subdivision: Blakeney Greens
→ More info
Jim Robb | MLS # 3886219 | Active
2801 Georgia Avenue -- 2 BR, 2 BA
Price: $550,000 (1228 sqft)
Subdivision: Dixie Manor
→ More info
Carrie Arnold | MLS # 3870870 | Active
4800 Cobble Glen Way -- 5 BR, 2.1 BA
Price: $488,000 (2774 sqft)
Subdivision: Davis Lake
→ More info
John Torres | MLS # 3892177 | Active
1417 Mclaughlin Drive -- 4 BR, 2.1 BA
Price: $439,900 (2220 sqft)
Subdivision: Mcclintock Woods
→ More info
Jim Robb | MLS # 3863052 | Active
4910 Rolling Oak Lane -- 4 BR, 3.1 BA
Price: $399,999 (1586 sqft)
Subdivision: Rolling Oaks
→ More info
Guillermo Torres | MLS # 3868472 | Active
1601 Seigle Avenue -- 2 BR, 1 BA
Price: $399,000 (864 sqft)
Subdivision: East End
→ More info
Tracie Taylor | MLS # 3865462 | Active
9830 Dauphine Drive -- 4 BR, 2.1 BA
Price: $375,000 (2026 sqft)
Subdivision: Walden Ridge
→ More info
Julie Williams | MLS # 3887460 | Active
2915 Rush Avenue -- 2 BR, 1 BA
Price: $344,900 (1000 sqft)
Subdivision: Parkview
→ More info
Kirk Sipe | MLS # 3854848 | Active
8411 Spirea Court -- 3 BR, 2.1 BA
Price: $329,900 (1391 sqft)
Subdivision: Kingstree
→ More info
John Jay Cline | MLS # 3844384 | Active
4205 Back Creek Church Road -- 3 BR, 2 BA
Price: $315,000 (1925 sqft)
Subdivision: Country Club Hills
→ More info
Carrie Craver | MLS # 3889209 | Active
301 Colville Road -- 4 BR, 5.1 BA
Price: $6,000,000 (7780 sqft)
Subdivision: Eastover
→ More info
Dickens Mitchener & | MLS # 3848958 | Active
9235 Sweetleaf Place -- 6 BR, 8.1 BA
Price: $5,995,000 (17135 sqft)
Subdivision: The Sanctuary
→ More info
Premier Sotheby's | MLS # 3857194 | Active
16460 Marvin Road -- 5 BR, 7.2 BA
Price: $5,800,000 (11590 sqft)
Subdivision: Evermay
→ More info
Corcoran HM Properties | MLS # 3841059 | Active
2104 Woodhaven Road -- 6 BR, 6.5 BA
Price: $5,000,000 (10554 sqft)
Subdivision: Myers Park
→ More info
The Estates Real | MLS # 3771142 | Active
500 Atherton Street -- 8 BR, 8.2 BA
Price: $5,000,000 (8587 sqft)
Subdivision: Dilworth
→ More info
Regina Farmer Realty, | MLS # 3868864 | Active
8402 Fairview Road -- 6 BR, 5.3 BA
Price: $4,799,000 (8119 sqft)
→ More info
COMPASS Southpark | MLS # 3861450 | Active
2027 Ferncliff Road -- 5 BR, 6.2 BA
Price: $4,750,000 (7239 sqft)
Subdivision: Old Foxcroft
→ More info
My Townhome LLC | MLS # 3870526 | Active
1446 W Queens Road -- 6 BR, 4.1 BA
Price: $4,690,000 (5455 sqft)
Subdivision: Myers Park
→ More info
Yancey Realty LLC | MLS # 3883955 | Active
8600 Fairview Road -- 6 BR, 6.2 BA
Price: $4,500,000 (6784 sqft)
Subdivision: Carmel Park
→ More info
RE/MAX Executive | MLS # 3888344 | Active
3615 English Garden Drive -- 6 BR, 6.2 BA
Price: $3,995,000 (6400 sqft)
Subdivision: English Gardens
→ More info
RE/MAX Executive | MLS # 3846332 | Active

Listings 1 - 20 of 1139   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 133   next

9819 Quercus Lane -- 5 BR, 3.1 BA
Price: $699,999 (3364 sqft)
Subdivision: Cobblestone Manor
→ More info
Meredyth Holdenrid | MLS # 3867189 | Active
9708 St Barts Lane -- 4 BR, 2.1 BA
Price: $695,000 (3011 sqft)
Subdivision: The Hamptons
→ More info
Sarah Ehmke | MLS # 3889744 | Active
14937 Long Bow Lane -- 4 BR, 3 BA
Price: $629,900 (3777 sqft)
Subdivision: Stephens Grove
→ More info
Christie Pistolis | MLS # 3880503 | Active
8005 Leisure Lane -- 3 BR, 2.1 BA
Price: $434,999 (2019 sqft)
Subdivision: Henderson Park
→ More info
Tara Kilgore | MLS # 3881946 | Active
14303 S Old Statesville Road -- 3 BR, 1.1 BA
Price: $395,000 (1440 sqft)
→ More info
Lesa Raye Westhafer | MLS # 3873727 | Active
13716 Bonnerby Court -- 2 BR, 2.1 BA
Price: $340,000 (1674 sqft)
Subdivision: Monteith Place
→ More info
Donna Sheppard | MLS # 3887094 | Active
14901 Ramah Church Road -- 5 BR, 5.1 BA
Price: $3,195,000 (4458 sqft)
Subdivision: Meadowbrook Farms
→ More info
Corcoran HM Properties | MLS # 3868850 | Active
14900 Henry Harrison Stillwell Drive -- 6 BR, 7.1 BA
Price: $2,675,000 (11301 sqft)
Subdivision: Stillwell
→ More info
Heinz II | MLS # 3869052 | Active
5039 Eliza Long Wilkie Drive -- 4 BR, 6.1 BA
Price: $2,250,000 (4440 sqft)
Subdivision: Stillwell
→ More info
Premier Sotheby's | MLS # 3841402 | Active
8516 Mcilwaine Road -- 4 BR, 5.2 BA
Price: $2,195,000 (8183 sqft)
→ More info
Realty ONE Group | MLS # 3843089 | Active
14925 Henry Harrison Stillwell Drive -- 5 BR, 4.2 BA
Price: $2,195,000 (5521 sqft)
Subdivision: Stillwell
→ More info
Berkshire Hathaway | MLS # 3862323 | Active
7114 Asbury Village Lane -- 5 BR, 5.1 BA
Price: $1,575,000 (4413 sqft)
Subdivision: Asbury Village
→ More info
EXP Realty LLC | MLS # 3844724 | Active
16001 Cramur Drive -- 3 BR, 2.1 BA
Price: $1,475,000 (2786 sqft)
Subdivision: Norman Shores
→ More info
Ivester Jackson | MLS # 3874622 | Active
12715 Mccord Road -- 3 BR, 3.1 BA
Price: $1,299,900 (2785 sqft)
→ More info
Coldwell Banker Realty | MLS # 3886678 | Active
15020 Ranson Road -- 5 BR, 5 BA
Price: $1,200,000 (4529 sqft)
→ More info
LKNHomes.com Inc | MLS # 3844979 | Active
15620 Knox Hill Road -- 4 BR, 3.1 BA
Price: $1,025,000 (3602 sqft)
Subdivision: Birkdale
→ More info
Helen Adams Realty | MLS # 3883625 | Active
15258 Hus Mcginnis Road -- 3 BR, 2.1 BA
Price: $985,400 (2921 sqft)
→ More info
Realty ONE Group | MLS # 3860875 | Active
8313 Balcony Bridge Road -- 5 BR, 4 BA
Price: $973,085 (3775 sqft)
Subdivision: Olmsted
→ More info
Pulte Home Corporation | MLS # 3867098 | Active
15268 Hus Mcginnis Road -- 4 BR, 3.2 BA
Price: $960,550 (4014 sqft)
→ More info
Realty ONE Group | MLS # 3860799 | Active
18111 Sulton Terrace -- 5 BR, 4.1 BA
Price: $950,000 (3445 sqft)
Subdivision: Walden
→ More info
RE/MAX Executive | MLS # 3891931 | Active

Listings 1 - 20 of 133   next


Popular Searches of Homes for Sale in Huntersville NC


Lake Homes for Sale in Huntersville NC

Search Huntersville Waterfront Homes for Sale

Luxury Homes for Sale in Huntersville NC

Search the Luxury Homes for Sale in Huntersville NC

Townhomes for Sale in Huntersville NC

Search the Townhomes for Sale in Huntersville NC

Homes for Sale Huntersville with the Large Lots (>1.0 acre)

Search the Homes for Sale Huntersville with the Large Lots

Homes for Sale in Huntersville with a Boat Slip

Search Homes for Sale in Huntersville with a Boat Slip

Homes for Sale in Huntersville with a Master on the Main

Search Homes for Sale in Huntersville with a Master Bedroom on Main

Homes for Sale in Huntersville with a Community Pool

Search Homes for Sale in Huntersville with a Community Pool

Homes for Sale in Huntersville with a Pool

Search Homes for Sale in Huntersville with a Pool

Golf Course Homes for Sale in Huntersville NC

Search Golf Course Homes for Sale in Huntersville

Green Certified Homes for Sale in Huntersville NC

Search Green Certified Homes for Sale in Huntersville

Homes for Sale in Huntersville NC with a Fenced Yard

Search Homes for Sale in Huntersville with a Fenced Yard

Perfect for First-Time Home Buyers in Huntersville NC (<$250k)

Search the Most Affordable Homes for Sale in Huntersville

Homes for Sale with no HOA in Huntersville NC

Search the Homes with no HOA for Sale in Huntersville