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 982   next

824 Brookside Avenue -- 4 BR, 2.1 BA
Price: $1,170,000 (1896 sqft)
Subdivision: Dilworth
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Willow Heverley | MLS # 4077117 | Active
12533 Preservation Pointe Drive -- 5 BR, 4.2 BA
Price: $1,100,000 (5296 sqft)
Subdivision: Overlook
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Julie Williams | MLS # 4083376 | Active
4320 Carmel Road -- 4 BR, 2.1 BA
Price: $799,700 (3140 sqft)
Subdivision: Quail Run
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Irma Frockt | MLS # 4082937 | Active
812 E 19th Street -- 2 BR, 1 BA
Price: $469,000 (832 sqft)
Subdivision: Belmont
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Sandy Reynolds | MLS # 4088493 | Active
12303 Hampton Place Drive -- 4 BR, 3 BA
Price: $450,000 (2709 sqft)
Subdivision: Hampton Place
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Stasia Ballinger | MLS # 4083453 | Active
9126 Simonton Drive -- 3 BR, 2 BA
Price: $330,000 (1256 sqft)
Subdivision: Eastfield Meadows
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Karen Spruell | MLS # 4088079 | 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
3735 Abingdon Road -- 7 BR, 7.3 BA
Price: $7,700,000 (8475 sqft)
Subdivision: Foxcroft
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Allen Tate SouthPark | MLS # 4080453 | 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
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
8301 Fairview Road -- 5 BR, 3.1 BA
Price: $5,900,000 (3713 sqft)
Subdivision: Foxcroft
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Corcoran HM Properties | MLS # 4024242 | Active
4424 Fox Brook Lane -- 6 BR, 8.2 BA
Price: $5,600,000 (9149 sqft)
Subdivision: Morrocroft Estates
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RE/MAX Executive | MLS # 4075142 | Active
3272 Foxcroft Road -- 6 BR, 5.3 BA
Price: $5,250,000 (7400 sqft)
Subdivision: Old Foxcroft
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D. Jonathan Chiott, | MLS # 4088273 | 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
1614 Princeton Avenue -- 5 BR, 5.2 BA
Price: $4,995,000 (7036 sqft)
Subdivision: Myers Park
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Corcoran HM Properties | MLS # 4070794 | Active
2144 Hastings Drive -- 6 BR, 7.3 BA
Price: $4,995,000 (7954 sqft)
Subdivision: Myers Park
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David H. DuBose | MLS # 4071812 | Active
1923 Overhill Road -- 6 BR, 6.1 BA
Price: $4,599,999 (5266 sqft)
Subdivision: Myers Park
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Ivester Jackson | MLS # 4061314 | Active
2215 Ferncliff Road -- 5 BR, 6.3 BA
Price: $4,495,000 (6879 sqft)
Subdivision: Old Foxcroft
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Brandon Lawn Real | MLS # 4038923 | Active
18304 Rosapenny Road -- 5 BR, 6 BA
Price: $4,475,000 (6090 sqft)
Subdivision: Rosapenny Peninsula
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Boston MacLeod Realty | MLS # 4039476 | Active

Listings 1 - 20 of 982   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 93   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
9140 Agnes Park Lane -- 4 BR, 2.1 BA
Price: $516,900 (2597 sqft)
Subdivision: Torrence Crossing
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Kirk Sipe | MLS # 4074874 | Active
8915 Wedgewood Drive -- 3 BR, 2.1 BA
Price: $439,900 (1932 sqft)
Subdivision: Westminster Park
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Debbie Tuck | MLS # 4088127 | Active
15203 Barnsbury Drive -- 3 BR, 2.1 BA
Price: $395,000 (1566 sqft)
Subdivision: Monteith Park
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Rick Sargent | MLS # 4079027 | 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: $3,950,000 (9915 sqft)
Subdivision: Meadowbrook Farms
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Pros Realty Inc. | MLS # 4030484 | Active
5039 Eliza Long Wilkie Drive -- 4 BR, 5.1 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
12305 Mayes Road -- 3 BR, 3.1 BA
Price: $1,250,000 (4216 sqft)
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ERA Live Moore | MLS # 4042117 | Active
8405 Balcony Bridge Road -- 5 BR, 4.1 BA
Price: $1,064,842 (4473 sqft)
Subdivision: Olmsted
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Pulte Home Corporation | MLS # 4082991 | Active
8409 Balcony Bridge Road -- 5 BR, 4 BA
Price: $1,023,859 (3775 sqft)
Subdivision: Olmsted
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Pulte Home Corporation | MLS # 4080938 | Active
15949 Poplar Tent Road -- 3 BR, 1.1 BA
Price: $950,000 (1410 sqft)
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Keller Williams | MLS # 4037470 | Active
609 Skybrook Drive -- 6 BR, 4.1 BA
Price: $924,900 (4977 sqft)
Subdivision: Skybrook
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EXP Realty LLC | MLS # 4082678 | Active
10910 Skymont Drive -- 5 BR, 5.1 BA
Price: $920,000 (4916 sqft)
Subdivision: Skybrook
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One Vision Realty | MLS # 4069499 | Active
11330 Johnson Davis Road -- 4 BR, 3 BA
Price: $899,500 (1955 sqft)
Subdivision: Mountain Island Lake
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Lionheart Real Estate | MLS # 4036859 | Active
12012 Huntson Reserve Road -- 4 BR, 4 BA
Price: $899,000 (2873 sqft)
Subdivision: Huntson Reserve
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EXP Realty LLC | MLS # 4086642 | Active
3816 Alton Street -- 2 BR, 1 BA
Price: $895,000 (1086 sqft)
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Century 21 Murphy & | MLS # 4053230 | Active
13319 Fiore Place -- 6 BR, 5 BA
Price: $885,000 (5052 sqft)
Subdivision: Mirabella
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Berkshire Hathaway | MLS # 4028266 | Active
17223 Monocacy Boulevard -- 5 BR, 4.1 BA
Price: $869,000 (3738 sqft)
Subdivision: Mirabella
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Eastwood Homes | MLS # 4050509 | Active

Listings 1 - 20 of 93   next


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