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 1258   next

2844 Georgia Avenue -- 4 BR, 2.1 BA
Price: $1,125,000 (2612 sqft)
Subdivision: Midwood
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Joyce Rodriguez | MLS # 4193943 | Active
1921 Kenilworth Avenue -- 3 BR, 2.1 BA
Price: $820,000 (1787 sqft)
Subdivision: Dilworth
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Pamela Black | MLS # 4223541 | Active
665 Melbourne Court -- 2 BR, 1 BA
Price: $700,000 (1087 sqft)
Subdivision: Sedgefield
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Willow Heverley | MLS # 4243676 | Active
4001 Glenfall Avenue -- 3 BR, 2 BA
Price: $649,000 (1572 sqft)
Subdivision: Beverly Woods
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Willow Heverley | MLS # 4220300 | Active
3717 Bodenham Court -- 5 BR, 3.1 BA
Price: $625,000 (4407 sqft)
Subdivision: Brantley Oaks
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Susanne Biedler | MLS # 4240203 | Active
3426 Dominion Green Drive -- 4 BR, 2.1 BA
Price: $489,900 (2812 sqft)
Subdivision: Highland Creek
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John Torres | MLS # 4237957 | Active
4242 Garvin Drive -- 3 BR, 2 BA
Price: $410,000 (1749 sqft)
Subdivision: Crater Park
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Katherine Newman | MLS # 4230816 | Active
509 Carole Lane -- 3 BR, 2 BA
Price: $340,000 (1489 sqft)
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Tanesha Thompson | MLS # 4246567 | Active
2116 Woodhaven Road -- 6 BR, 6.2 BA
Price: $13,950,000 (13919 sqft)
Subdivision: Myers Park
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Ivester Jackson | MLS # 4186147 | Active
4536 Fox Brook Lane -- 7 BR, 7.3 BA
Price: $12,250,000 (13985 sqft)
Subdivision: Morrocroft Estates
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Real Broker, LLC | MLS # 4157549 | Active
4231 Fox Brook Lane -- 5 BR, 5.4 BA
Price: $6,250,000 (7434 sqft)
Subdivision: Morrocroft Estates
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Premier Sotheby's | MLS # 4186375 | Active
2103 Cortelyou Road -- 5 BR, 5.3 BA
Price: $5,999,999 (6374 sqft)
Subdivision: Foxcroft
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Ivester Jackson | MLS # 4214661 | Active
2832 Arcadia Avenue -- 5 BR, 6.1 BA
Price: $5,400,000 (5712 sqft)
Subdivision: Myers Park
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COMPASS | MLS # 4217335 | Active
13702 Sage Thrasher Lane -- 5 BR, 5.1 BA
Price: $5,000,000 (9757 sqft)
Subdivision: The Sanctuary
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Ivester Jackson | MLS # 4191491 | Active
9044 Island Point Road -- 6 BR, 7.3 BA
Price: $4,800,000 (8820 sqft)
Subdivision: The Sanctuary
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EXP Realty LLC | MLS # 4135509 | Active
1212 Queens Road -- 4 BR, 4.1 BA
Price: $4,500,000 (5960 sqft)
Subdivision: Myers Park
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Dickens Mitchener & | MLS # 4241756 | Active
1969 Maryland Avenue -- 5 BR, 6.1 BA
Price: $4,475,000 (6442 sqft)
Subdivision: Myers Park
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Corcoran HM Properties | MLS # 4129352 | Active
200 Highland Forest Drive -- 6 BR, 6.1 BA
Price: $4,450,000 (6883 sqft)
Subdivision: Highland Forest
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Ivester Jackson | MLS # 4242053 | Active
18304 Rosapenny Road -- 5 BR, 6 BA
Price: $4,050,000 (6090 sqft)
Subdivision: Rosapenny Peninsula
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RE/MAX Executive | MLS # 4160960 | Active
8022 Litaker Manor Court -- 5 BR, 5.2 BA
Price: $4,000,000 (6437 sqft)
Subdivision: The Manors at Mattie Rose
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Grandfather Homes Inc. | MLS # 4129194 | Active

Listings 1 - 20 of 1258   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 195   next

15323 Barnsbury Drive -- 4 BR, 2.1 BA
Price: $769,900 (3171 sqft)
Subdivision: Monteith Park
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John Torres | MLS # 4246496 | Active
6316 Glengarrie Lane -- 5 BR, 3 BA
Price: $708,000 (3481 sqft)
Subdivision: Stephens Grove
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Carrie Craver | MLS # 4247118 | Active
14818 Long Iron Drive -- 3 BR, 2.1 BA
Price: $615,000 (2896 sqft)
Subdivision: Skybrook North Parkside
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Susanne Biedler | MLS # 4215679 | Active
16308 Poplar Tent Road -- 4 BR, 2.2 BA
Price: $585,000 (2449 sqft)
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Amy Robinson | MLS # 4234171 | Active
11001 Mount Holly Hntrsvlle Road -- 4 BR, 3.1 BA
Price: $6,800,000 (5557 sqft)
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Kean Property Group | MLS # 4219368 | Active
16112 Terry Lane -- 5 BR, 4.1 BA
Price: $2,400,000 (4980 sqft)
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Ivester Jackson | MLS # 4227599 | Active
5039 Eliza Long Wilkie Drive -- 4 BR, 5.1 BA
Price: $1,989,000 (4419 sqft)
Subdivision: Stillwell
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COMPASS | MLS # 4240694 | Active
8516 Mcilwaine Road -- 4 BR, 5.1 BA
Price: $1,980,000 (7802 sqft)
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Carolina Real Estate | MLS # 4164588 | Active
1 Beatties Ford Road -- 5 BR, 4 BA
Price: $1,875,000 (4256 sqft)
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Helen Adams Realty | MLS # 4149773 | Active
8115 Farm Crossing Lane -- 6 BR, 5.1 BA
Price: $1,874,900 (4777 sqft)
Subdivision: Stephens Farm
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Classica Homes Realty | MLS # 4188374 | Active
15921 Cramur Drive -- 4 BR, 3.2 BA
Price: $1,815,000 (3440 sqft)
Subdivision: Norman Shores
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Realty Dynamics Inc. | MLS # 4237838 | Active
8111 Farm Crossing Lane -- 5 BR, 4.1 BA
Price: $1,629,900 (3734 sqft)
Subdivision: Stephens Farm
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Classica Homes Realty | MLS # 4189460 | Active
14013 Pinoli Pine Circle -- 4 BR, 3.2 BA
Price: $1,550,000 (3850 sqft)
Subdivision: Oak Farm
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Puma & Associates | MLS # 4244997 | Active
15015 NC Hwy 73 Highway -- 3 BR, 3.1 BA
Price: $1,450,000 (2956 sqft)
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Southern Charm Realty | MLS # 4226627 | Active
14012 Camden Close Circle -- 5 BR, 5.1 BA
Price: $1,382,790 (5126 sqft)
Subdivision: Camden
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Pulte Home Corporation | MLS # 4247590 | Active
13308 Oak Farm Lane -- 4 BR, 4 BA
Price: $1,375,000 (3579 sqft)
Subdivision: Oak Farm
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Puma & Associates | MLS # 4217082 | Active
13108 Brooklyn Skylar Way -- 5 BR, 4.1 BA
Price: $1,375,000 (4376 sqft)
Subdivision: Hollins Grove
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CENTURY 21 Rucker | MLS # 4231833 | Active
13109 Brooklyn Skylar Way -- 4 BR, 3.1 BA
Price: $1,350,000 (4137 sqft)
Subdivision: Hollins Grove
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Cottingham Chalk | MLS # 4220321 | Active
14018 Promenade Drive -- 6 BR, 5 BA
Price: $1,300,000 (5663 sqft)
Subdivision: Olmsted
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Keller Williams South | MLS # 4216690 | Active
14230 Morningate Street -- 5 BR, 5.1 BA
Price: $1,250,000 (4936 sqft)
Subdivision: Walden
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COMPASS | MLS # 4235271 | Active

Listings 1 - 20 of 195   next


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