Charlotte Housing Market
Charlotte NC Housing Monthly Review – May 2017
Lake Norman, North Carolina Real Estate for Sale
- 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 1304 next →Price: $884,000 (2103 sqft)
Subdivision: Midwood
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Ben Hayes | MLS # 4158529 | Active
Price: $865,000 (3387 sqft)
Subdivision: Preservation Pointe
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Renee Austin Elkin | MLS # 4141814 | Active
Price: $795,000 (3340 sqft)
Subdivision: Madison Park
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Kris Gallagher | MLS # 4147611 | Active
Price: $719,000 (2461 sqft)
Subdivision: Reavencrest
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Patty Register | MLS # 4155229 | Active
Price: $639,500 (2331 sqft)
Subdivision: Brightwalk
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Paul Yancey | MLS # 4091787 | Active
Price: $600,000 (2707 sqft)
Subdivision: North Reach
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Beth Pihl | MLS # 4163647 | Active
Price: $560,000 (3552 sqft)
Subdivision: Creekshire Estates
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Rebecca Bouknight | MLS # 4138045 | Active
Price: $527,500 (2064 sqft)
Subdivision: Sonata at Mint Hill
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John Torres | MLS # 4157965 | Active
Price: $469,900 (2118 sqft)
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Crystal Almond | MLS # 4162849 | Active
Price: $379,900 (2319 sqft)
Subdivision: Forest Pond
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Kirk Sipe | MLS # 4148395 | Active
Price: $379,900 (1732 sqft)
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John Torres | MLS # 4159603 | Active
Price: $349,900 (1277 sqft)
Subdivision: Lakewood
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Kirk Sipe | MLS # 4114336 | Active
Price: $341,900 (1078 sqft)
Subdivision: Howie Acres
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Eli Pacheco | MLS # 4133367 | Active
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Price: $13,250,000 (13985 sqft)
Subdivision: Morrocroft Estates
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Real Broker, LLC | MLS # 4157549 | Active
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Price: $12,500,000 (9157 sqft)
Subdivision: Southpark
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Corcoran HM Properties | MLS # 4143095 | Active
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Price: $7,950,000 (7742 sqft)
Subdivision: Pellyn Wood
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Simonini Properties | MLS # 4149857 | Active
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Price: $7,495,000 (8152 sqft)
Subdivision: Town and Country Estates
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Rob Roland Realty | MLS # 4148797 | Active
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Price: $6,500,000 (15621 sqft)
Subdivision: The Sanctuary
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Premier Sotheby's | MLS # 3857194 | Active
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Price: $6,500,000 (9461 sqft)
Subdivision: Eastover
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Dickens Mitchener & | MLS # 4057751 | Active
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Price: $6,500,000 (6328 sqft)
Subdivision: Foxcroft
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Premier Sotheby's | MLS # 4119797 | Active
Listings 1 - 20 of 1304 next →
Huntersville Homes for Sale
– All Active MLS Listings
Huntersville homes
Listings 1 - 20 of 161 next →Price: $4,500,000 (5714 sqft)
Subdivision: Vista Lago
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Kathy Day | MLS # 4085004 | Active
Price: $624,900 (2449 sqft)
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Amy Robinson | MLS # 4160342 | Active
Price: $469,900 (2712 sqft)
Subdivision: Sherwood Park
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Kirk Sipe | MLS # 4094504 | Active
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Price: $18,000,000 (12636 sqft)
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Premier Sotheby's | MLS # 4020713 | Active
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Price: $4,489,000 (5744 sqft)
Subdivision: Twin Coves
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Blanton Real Estate | MLS # 4160069 | Active
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Price: $3,900,000 (4850 sqft)
Subdivision: Sunset Cove
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Ivester Jackson | MLS # 4096432 | Active
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Price: $2,324,000 (4907 sqft)
Subdivision: Asbury Village
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EXP Realty LLC | MLS # 4110860 | Active
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Price: $1,999,900 (2749 sqft)
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LKN Property Pros LLC | MLS # 4157989 | Active
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Price: $1,989,000 (4200 sqft)
Subdivision: Stillwell
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Premier Sotheby's | MLS # 3841402 | Active
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Price: $1,875,000 (4256 sqft)
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Helen Adams Realty | MLS # 4149773 | Active
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Price: $1,589,500 (3894 sqft)
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Helen Adams Realty | MLS # 4146049 | Active
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Price: $1,550,000 (4900 sqft)
Subdivision: Oak Farm
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Premier Sotheby's | MLS # 4137941 | Active
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Price: $1,413,635 (3230 sqft)
Subdivision: Stephens Farm
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Classica Homes Realty | MLS # 4142480 | Active
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Price: $1,400,000 (5688 sqft)
Subdivision: Olmstead
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Lifestyle | MLS # 4137246 | Active
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Price: $1,349,999 (4920 sqft)
Subdivision: Huntson Reserve
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Hibbler Realty L.L.C. | MLS # 4149177 | Active
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Price: $1,300,000 (3763 sqft)
Subdivision: Oak Farm
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Allen Tate | MLS # 4161357 | Active
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Price: $1,200,000 (2453 sqft)
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Lake Norman Realty, | MLS # 4095901 | Active
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Price: $1,199,900 (3704 sqft)
Subdivision: Huntson Reserve
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Classica Homes Realty | MLS # 4142730 | Active
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Price: $1,150,000 (3812 sqft)
Subdivision: Huntson Reserve
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Sharyn Brunk Realty | MLS # 4136985 | Active
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Price: $980,000 (5141 sqft)
Subdivision: Skybrook
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ProStead Realty | MLS # 4153389 | Active
Listings 1 - 20 of 161 next →
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