Charlotte Housing Market

Charlotte NC Housing Monthly Review – May 2017

Lake Norman, North Carolina Real Estate for Sale

Charlotte-NC-Real-Estate-for-Sale

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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

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Charlotte Homes for Sale

Active MLS Listings above $300,000

Charlotte homes

Listings 1 - 20 of 671   next

3927 Allwood Drive -- 4 BR, 2.1 BA
Price: $498,000 (2165 sqft)
Subdivision: South End
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Norma Runyon | MLS # 4025605 | Active
8320 Highgate Drive -- 3 BR, 2 BA
Price: $349,000 (1316 sqft)
Subdivision: The Reserve at Canyon Hills
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Irma Frockt | MLS # 4008164 | Active
7214 Baltusrol Lane -- 5 BR, 6.3 BA
Price: $8,490,000 (7901 sqft)
Subdivision: Quail Hollow
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Dickens Mitchener & | MLS # 4024773 | Active
8371 Providence Road -- 8 BR, 10.1 BA
Price: $7,899,000 (12718 sqft)
Subdivision: Greenwood
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Ivester Jackson | MLS # 3899122 | Active
8301 Fairview Road -- 5 BR, 3.1 BA
Price: $6,500,000 (3713 sqft)
Subdivision: Foxcroft
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Corcoran HM Properties | MLS # 4024242 | Active
3904 Seminole Court -- 6 BR, 6.1 BA
Price: $6,395,000 (8249 sqft)
Subdivision: Quail Hollow
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Corcoran HM Properties | MLS # 4024972 | Active
9235 Sweetleaf Place -- 7 BR, 8.3 BA
Price: $5,985,000 (15621 sqft)
Subdivision: The Sanctuary
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Premier Sotheby's | MLS # 3857194 | Active
2527 Lemon Tree Lane -- 5 BR, 6.2 BA
Price: $5,600,000 (5636 sqft)
Subdivision: Foxcroft
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Brandon Lawn Real | MLS # 4030930 | Active
2618 Richardson Drive -- 4 BR, 4.1 BA
Price: $5,490,000 (6552 sqft)
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Corcoran HM Properties | MLS # 4027078 | Active
16460 Marvin Road -- 5 BR, 7.2 BA
Price: $4,995,000 (11590 sqft)
Subdivision: Evermay
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Corcoran HM Properties | MLS # 4011572 | Active
6501 Sardis Road -- 5 BR, 6.1 BA
Price: $4,950,000 (7821 sqft)
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Springsteed Realty, | MLS # 3806958 | Active
8402 Fairview Road -- 6 BR, 5.3 BA
Price: $4,645,000 (8119 sqft)
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COMPASS | MLS # 3861450 | Active
1810 Shoreham Drive -- 5 BR, 4.2 BA
Price: $4,600,000 (6887 sqft)
Subdivision: Pharr Acres
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Belle Properties | MLS # 4027782 | Active
3619 English Garden Drive -- 6 BR, 5.1 BA
Price: $4,495,000 (5666 sqft)
Subdivision: English Gardens
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RE/MAX Executive | MLS # 4016791 | Active
8600 Fairview Road -- 6 BR, 6.2 BA
Price: $3,999,999 (6784 sqft)
Subdivision: Carmel Park
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Ivester Jackson | MLS # 4019502 | Active
911 Colville Road -- 5 BR, 5.1 BA
Price: $3,995,000 (4973 sqft)
Subdivision: Eastover
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Dickens Mitchener & | MLS # 3923978 | Active
2105 Pinewood Circle -- 5 BR, 5.2 BA
Price: $3,950,000 (5616 sqft)
Subdivision: Myers Park
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Dickens Mitchener & | MLS # 4012951 | Active
5403 Gorham Drive -- 4 BR, 5.3 BA
Price: $3,950,000 (8842 sqft)
Subdivision: Pellyn Wood
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Dickens Mitchener & | MLS # 4033450 | Active
3615 English Garden Drive -- 6 BR, 6.2 BA
Price: $3,950,000 (6847 sqft)
Subdivision: English Gardens
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RE/MAX Executive | MLS # 4024015 | Active
4410 Carmel Valley Road -- 5 BR, 5.3 BA
Price: $3,850,000 (8558 sqft)
Subdivision: Montibello
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Keller Williams South | MLS # 4021797 | Active

Listings 1 - 20 of 671   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 76   next

12615 Messenger Row -- 3 BR, 3 BA
Price: $655,000 (2916 sqft)
Subdivision: Vermillion
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Brigitte Perry | MLS # 4030081 | Active
8902 Powder Works Drive -- 4 BR, 3.1 BA
Price: $642,000 (3038 sqft)
Subdivision: Arrington
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John Torres | MLS # 3924469 | Active
14731 Salem Ridge Road -- 4 BR, 3 BA
Price: $514,900 (2573 sqft)
Subdivision: Skybrook
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Amy Gramlich | MLS # 4030659 | Active
14303 S Old Statesville Road -- 2 BR, 1.1 BA
Price: $395,000 (1440 sqft)
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Lesa Raye Westhafer | MLS # 3925644 | Active
14051 Island Drive -- 5 BR, 6.2 BA
Price: $22,000,000 (12636 sqft)
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Premier Sotheby's | MLS # 4020713 | Active
14925 Ramah Church Road -- 5 BR, 6.2 BA
Price: $4,500,000 (9915 sqft)
Subdivision: Meadowbrook Farms
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Pros Realty Inc. | MLS # 4030484 | Active
16201 Terry Lane -- 4 BR, 5 BA
Price: $2,400,000 (5969 sqft)
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Helen Adams Realty | MLS # 4024036 | Active
14900 Henry Harrison Stillwell Drive -- 6 BR, 7.1 BA
Price: $2,397,000 (9706 sqft)
Subdivision: Stillwell
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Allen Tate Lake Norman | MLS # 3940248 | Active
5039 Eliza Long Wilkie Drive -- 4 BR, 6.1 BA
Price: $2,250,000 (4200 sqft)
Subdivision: Stillwell
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Premier Sotheby's | MLS # 3841402 | Active
10229 Laurier Lane -- 5 BR, 5.1 BA
Price: $1,857,094 (4729 sqft)
Subdivision: Belleterre
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BSI Builder Services | MLS # 3898262 | Active
14001 Autumn Mist Lane -- 5 BR, 4 BA
Price: $1,534,168 (3384 sqft)
Subdivision: North Haven
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Allen Tate Lake Norman | MLS # 4028542 | Active
13728 Pavilion Estates Drive -- 4 BR, 4.2 BA
Price: $1,449,900 (4914 sqft)
Subdivision: The Pavilion
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Keller Williams Lake | MLS # 4024140 | Active
14524 Henry Harrison Stillwell Drive -- 4 BR, 4.1 BA
Price: $1,400,000 (4672 sqft)
Subdivision: Stillwell
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Allen Tate Lake Norman | MLS # 4029256 | Active
13608 Huntson Park Lane -- 6 BR, 6.1 BA
Price: $1,350,000 (4777 sqft)
Subdivision: Huntson Reserve
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Elizabeth Echols | MLS # 4027933 | Active
5620 Cashion Road -- 5 BR, 5 BA
Price: $1,295,000 (4168 sqft)
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RE/MAX Executive | MLS # 4023477 | Active
14100 Pinoli Pine Circle -- 5 BR, 4 BA
Price: $1,269,900 (3700 sqft)
Subdivision: Oak Farm
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Classica Homes Realty | MLS # 4034162 | Active
1221 Glade Arch Lane -- 6 BR, 5 BA
Price: $1,214,720 (4856 sqft)
Subdivision: Olmsted
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Pulte Home Corporation | MLS # 4014542 | Active
13512 Huntson Park Lane -- 4 BR, 4.1 BA
Price: $1,149,900 (3690 sqft)
Subdivision: Huntson Reserve
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Classica Homes Realty | MLS # 4028627 | Active
14021 Pinoli Pine Circle -- 4 BR, 4 BA
Price: $1,149,900 (3684 sqft)
Subdivision: Oak Farm
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Classica Homes Realty | MLS # 4019846 | Active
14128 Pinoli Pine Circle -- 4 BR, 3.1 BA
Price: $1,129,900 (3690 sqft)
Subdivision: Oak Farm
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Classica Homes Realty | MLS # 4019972 | Active

Listings 1 - 20 of 76   next


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