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 997   next

4320 Carmel Road -- 4 BR, 2.1 BA
Price: $945,000 (3140 sqft)
Subdivision: Quail Run
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Irma Frockt | MLS # 4143861 | Active
2610 Hamilton Crossings Drive -- 5 BR, 5 BA
Price: $875,000 (3387 sqft)
Subdivision: Preservation Pointe
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Renee Austin Elkin | MLS # 4141814 | Active
2534 Double Oaks Road -- 3 BR, 2.1 BA
Price: $639,000 (2331 sqft)
Subdivision: Brightwalk
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Paul Yancey | MLS # 4091787 | Active
15009 Brannock Hills Drive -- 5 BR, 3.1 BA
Price: $580,000 (3552 sqft)
Subdivision: Creekshire Estates
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Rebecca Bouknight | MLS # 4138045 | Active
4032 Dinglewood Avenue -- 3 BR, 2 BA
Price: $355,000 (1078 sqft)
Subdivision: Howie Acres
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Eli Pacheco | MLS # 4133367 | Active
200 Harrison Street -- 3 BR, 1.1 BA
Price: $349,900 (1277 sqft)
Subdivision: Lakewood
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Kirk Sipe | MLS # 4114336 | Active
2623 Grimes Street -- 2 BR, 1.1 BA
Price: $305,000 (1656 sqft)
Subdivision: Graham Heights
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Rebecca Bouknight | MLS # 4136664 | Active
1917 Bent Branch Drive -- 6 BR, 7.3 BA
Price: $12,500,000 (9157 sqft)
Subdivision: Southpark
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Corcoran HM Properties | MLS # 4143095 | Active
7214 Baltusrol Lane -- 5 BR, 6.3 BA
Price: $7,495,000 (7901 sqft)
Subdivision: Quail Hollow
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Premier Sotheby's | MLS # 4097494 | Active
322 Eastover Road -- 6 BR, 7.2 BA
Price: $7,150,000 (9461 sqft)
Subdivision: Eastover
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Dickens Mitchener & | MLS # 4057751 | Active
1030 Huntington Park Drive -- 3 BR, 3 BA
Price: $7,000,000 (3420 sqft)
Subdivision: Huntington Park
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Dickens Mitchener & | MLS # 4070770 | Active
3735 Abingdon Road -- 7 BR, 7.3 BA
Price: $6,995,000 (8475 sqft)
Subdivision: Foxcroft
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Allen Tate SouthPark | MLS # 4080453 | Active
2103 Cortelyou Road -- 5 BR, 5.3 BA
Price: $6,500,000 (6328 sqft)
Subdivision: Foxcroft
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Premier Sotheby's | MLS # 4119797 | Active
9235 Sweetleaf Place -- 7 BR, 8.3 BA
Price: $6,500,000 (15621 sqft)
Subdivision: The Sanctuary
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Premier Sotheby's | MLS # 3857194 | Active
9044 Island Point Road -- 6 BR, 7.3 BA
Price: $5,900,000 (8820 sqft)
Subdivision: The Sanctuary
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EXP Realty LLC | MLS # 4135509 | Active
201 Sardis View Road -- 6 BR, 5.3 BA
Price: $4,995,000 (8769 sqft)
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Allen Tate Lake Norman | MLS # 4105055 | Active
3612 English Garden Drive -- 6 BR, 7.1 BA
Price: $4,900,000 (7588 sqft)
Subdivision: English Gardens
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Corcoran HM Properties | MLS # 4115490 | Active
3615 English Garden Drive -- 6 BR, 6.2 BA
Price: $4,875,000 (8174 sqft)
Subdivision: English Gardens
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RE/MAX Executive | MLS # 4090786 | Active
16460 Marvin Road -- 5 BR, 7.2 BA
Price: $4,800,000 (11590 sqft)
Subdivision: Evermay
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Corcoran HM Properties | MLS # 4011572 | Active
3217 Maymont Place -- 6 BR, 4.2 BA
Price: $4,750,000 (7308 sqft)
Subdivision: Cramers Pond
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Nestlewood Realty, LLC | MLS # 4098128 | Active

Listings 1 - 20 of 997   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 126   next

14515 NC Hwy 73 Highway -- 4 BR, 4.1 BA
Price: $4,500,000 (5714 sqft)
Subdivision: Vista Lago
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Kathy Day | MLS # 4085004 | Active
15621 Tysons Corner Road -- 4 BR, 3.1 BA
Price: $734,000 (3499 sqft)
Subdivision: Ramseys Glen
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Alina Lorenzo | MLS # 4133987 | Active
16024 Oxford Glenn Drive -- 3 BR, 2 BA
Price: $559,000 (2099 sqft)
Subdivision: Bellington
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Tara Kilgore | MLS # 4126522 | Active
15202 Colonial Park Drive -- 4 BR, 2.1 BA
Price: $549,000 (2765 sqft)
Subdivision: Centennial
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Sandy Reynolds | MLS # 4138923 | Active
104 Abingdon Circle -- 3 BR, 2 BA
Price: $469,900 (2712 sqft)
Subdivision: Sherwood Park
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Kirk Sipe | MLS # 4094504 | Active
8108 Bud Henderson Road -- 4 BR, 3.1 BA
Price: $415,000 (2155 sqft)
Subdivision: Gilead Village
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John Torres | MLS # 4119192 | Active
14051 Island Drive -- 5 BR, 6.2 BA
Price: $18,000,000 (12636 sqft)
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Premier Sotheby's | MLS # 4020713 | Active
15921 Sunset Drive -- 4 BR, 4.1 BA
Price: $3,900,000 (4850 sqft)
Subdivision: Sunset Cove
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Ivester Jackson | MLS # 4096432 | Active
13922 Clarendon Pointe -- 4 BR, 4.1 BA
Price: $2,492,600 (4683 sqft)
Subdivision: The Cape
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Ivester Jackson | MLS # 4136541 | Active
16116 North Point Road -- 5 BR, 3.1 BA
Price: $2,195,000 (4017 sqft)
Subdivision: Lookout Point
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Allen Tate Lake Norman | MLS # 4142984 | Active
16339 Stinson Cove Road -- 4 BR, 3.1 BA
Price: $2,050,000 (2749 sqft)
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LKN Property Pros LLC | MLS # 4097315 | Active
5039 Eliza Long Wilkie Drive -- 4 BR, 5.1 BA
Price: $1,989,000 (4200 sqft)
Subdivision: Stillwell
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Premier Sotheby's | MLS # 3841402 | Active
14504 Henry Harrison Stillwell Drive -- 5 BR, 3.1 BA
Price: $1,698,000 (6013 sqft)
Subdivision: Stillwell
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RE/MAX EXECUTIVE | MLS # 4105824 | Active
13220 Oak Farm Lane -- 6 BR, 5.1 BA
Price: $1,650,000 (4900 sqft)
Subdivision: Oak Farm
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Premier Sotheby's | MLS # 4137941 | 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
8111 Farm Crossing Lane -- 4 BR, 4 BA
Price: $1,413,635 (3342 sqft)
Subdivision: Stephens Farm
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Classica Homes Realty | MLS # 4142480 | Active
14018 Promenade Drive -- 6 BR, 5 BA
Price: $1,400,000 (5688 sqft)
Subdivision: Olmstead
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Lifestyle | MLS # 4137246 | Active
11015 Arthur Auten Road -- 3 BR, 3 BA
Price: $1,350,000 (4088 sqft)
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Nestlewood Realty, LLC | MLS # 4129180 | Active
13506 Huntson Park Lane -- 5 BR, 4 BA
Price: $1,199,900 (3704 sqft)
Subdivision: Huntson Reserve
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Classica Homes Realty | MLS # 4142730 | Active
10303 Remembrance Trail -- 5 BR, 4.1 BA
Price: $1,100,000 (5112 sqft)
Subdivision: The Hamptons
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Realty Boutique | MLS # 4131556 | Active

Listings 1 - 20 of 126   next


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