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 849   next

3724 Smokerise Hill Drive -- 4 BR, 2.1 BA
Price: $750,000 (3637 sqft)
Subdivision: Raintree
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John Torres | MLS # 3939193 | Active
6821 Loretta Place -- 4 BR, 2.1 BA
Price: $599,900 (3591 sqft)
Subdivision: Silverwood
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Maria Walter | MLS # 3908039 | Active
7034 Blakeney Greens Boulevard -- 3 BR, 2.1 BA
Price: $524,900 (2288 sqft)
Subdivision: Blakeney Greens
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Jim Robb | MLS # 3935265 | Active
3417 Dominion Green Drive -- 5 BR, 2.1 BA
Price: $489,900 (2927 sqft)
Subdivision: Highland Creek
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Sarah Moore | MLS # 3923408 | Active
4910 Rolling Oak Lane -- 4 BR, 3.1 BA
Price: $399,999 (1586 sqft)
Subdivision: Rolling Oaks
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Guillermo Torres | MLS # 3868472 | Active
6112 Nevin Road -- 4 BR, 2.1 BA
Price: $399,999 (2570 sqft)
Subdivision: Forest Pond
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Katherine Hansen | MLS # 3937233 | 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
9235 Sweetleaf Place -- 6 BR, 8.1 BA
Price: $5,999,000 (17135 sqft)
Subdivision: The Sanctuary
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Premier Sotheby's | MLS # 3857194 | Active
441 Eastover Road -- 6 BR, 5.2 BA
Price: $5,695,000 (7016 sqft)
Subdivision: Eastover
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Corcoran HM Properties | MLS # 3932610 | Active
4112 Arborway -- 5 BR, 5.1 BA
Price: $5,500,000 (7000 sqft)
Subdivision: Foxcroft
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Cottingham Chalk | MLS # 3939623 | Active
8402 Fairview Road -- 6 BR, 5.3 BA
Price: $4,799,000 (8119 sqft)
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COMPASS | MLS # 3861450 | Active
2105 Pinewood Circle -- 6 BR, 5.3 BA
Price: $4,795,000 (5958 sqft)
Subdivision: Myers Park
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Dickens Mitchener & | MLS # 3912343 | Active
2000 Forest Drive -- 5 BR, 5.1 BA
Price: $3,999,999 (6755 sqft)
Subdivision: Myers Park
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Sterling Brokerage LLC | MLS # 3922356 | Active
2044 Ferncliff Road -- 5 BR, 5.1 BA
Price: $3,995,000 (6512 sqft)
Subdivision: Old Foxcroft
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Corcoran HM Properties | MLS # 3909206 | Active
911 Colville Road -- 5 BR, 5.1 BA
Price: $3,975,000 (4973 sqft)
Subdivision: Eastover
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Dickens Mitchener & | MLS # 3923978 | Active
1840 Sharon Lane -- 6 BR, 5.2 BA
Price: $3,895,000 (7665 sqft)
Subdivision: Old Foxcroft
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Cottingham Chalk | MLS # 3908214 | Active
1816 Ferncliff Road -- 5 BR, 6.3 BA
Price: $3,890,000 (6358 sqft)
Subdivision: Old Foxcroft
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Dickens Mitchener & | MLS # 3919216 | Active
8010 Litaker Manor Court -- 6 BR, 8.1 BA
Price: $3,750,000 (7048 sqft)
Subdivision: The Manors at Mattie Rose
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Nestlewood Realty, LLC | MLS # 3869170 | Active
1951 Harris Road -- 5 BR, 7.3 BA
Price: $3,650,000 (9347 sqft)
Subdivision: Myers Park
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COMPASS | MLS # 3893835 | Active
1300 Queens Road -- 8 BR, 8.3 BA
Price: $3,500,000 (10153 sqft)
Subdivision: Myers Park
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Brandon Lawn Real | MLS # 3877475 | Active

Listings 1 - 20 of 849   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 79   next

14414 Creekhill Drive -- 5 BR, 4.1 BA
Price: $925,000 (4239 sqft)
Subdivision: Skybrook
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Melanie Upton | MLS # 3934194 | Active
8902 Powder Works Drive -- 4 BR, 3.1 BA
Price: $649,900 (3038 sqft)
Subdivision: Arrington
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John Torres | MLS # 3924469 | 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
16207 Henry Lane -- 5 BR, 5.1 BA
Price: $3,288,900 (5374 sqft)
Subdivision: Gilead Woods
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Pilot Realty & | MLS # 3703829 | 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
14925 Henry Harrison Stillwell Drive -- 5 BR, 4.2 BA
Price: $1,875,000 (5521 sqft)
Subdivision: Stillwell
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Berkshire Hathaway | MLS # 3862323 | 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
16001 Cramur Drive -- 3 BR, 2.1 BA
Price: $1,385,000 (2786 sqft)
Subdivision: Norman Shores
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Ivester Jackson | MLS # 3874622 | Active
7914 Gilead Road -- 5 BR, 4.1 BA
Price: $1,170,000 (5367 sqft)
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Premier Sotheby's | MLS # 3919638 | Active
8343 Tosomock Lane -- 5 BR, 4 BA
Price: $1,100,000 (4428 sqft)
Subdivision: Olmstead
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KMF Realty | MLS # 3935697 | Active
1203 Glade Arch Lane -- 6 BR, 5 BA
Price: $1,070,810 (4803 sqft)
Subdivision: Olmsted
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Pulte Home Corporation | MLS # 3927401 | Active
14839 Laura Michelle Road -- 4 BR, 4 BA
Price: $1,039,000 (3684 sqft)
Subdivision: Huntson Reserve
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Classica Homes Realty | MLS # 3824029 | Active
12633 McCord Road -- 3 BR, 3 BA
Price: $999,000 (3240 sqft)
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RE/MAX Executive | MLS # 3922843 | Active
15020 Ranson Road -- 5 BR, 5 BA
Price: $985,000 (4529 sqft)
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LKNHomes.com Inc | MLS # 3926078 | Active
13506 Huntson Park Lane -- 4 BR, 3 BA
Price: $965,140 (3606 sqft)
Subdivision: Huntson Reserve
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Classica Homes Realty | MLS # 3934841 | Active
15900 cramur Drive -- 5 BR, 4.1 BA
Price: $965,100 (3389 sqft)
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Pilot Realty & | MLS # 3786757 | Active
619 Oak Drive -- 5 BR, 5.1 BA
Price: $965,000 (5749 sqft)
Subdivision: Skybrook
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RE/MAX Executive | MLS # 3927330 | Active
16000 Cramur Drive -- 4 BR, 3.1 BA
Price: $962,600 (3830 sqft)
Subdivision: Norman Shores
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Pilot Realty & | MLS # 3910380 | Active
7210 Glenroe Drive -- 5 BR, 4 BA
Price: $900,000 (4056 sqft)
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Beycome Brokerage | MLS # 3923975 | Active
14944 Laura Michelle Road -- 4 BR, 4.1 BA
Price: $899,850 (3805 sqft)
Subdivision: Huntson Reserve
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Classica Homes Realty | MLS # 3934787 | Active

Listings 1 - 20 of 79   next


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