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
← prev Listings 21 - 40 of 827 next →Price: $4,350,000 (6461 sqft)
Subdivision: Myers Park
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Brandon Lawn Real | MLS # 4068875 | Active
Price: $4,250,000 (4804 sqft)
Subdivision: Myers Park
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Corcoran HM Properties | MLS # 4121448 | Active
Price: $4,250,000 (6483 sqft)
Subdivision: Carmel Park
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Epique Inc | MLS # 4110058 | Active
Price: $4,000,000 (9010 sqft)
Subdivision: Ballantyne Country Club
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Helen Adams Realty | MLS # 4052101 | Active
Price: $4,000,000 (6090 sqft)
Subdivision: Rosapenny Peninsula
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Boston MacLeod Realty | MLS # 4104147 | Active
Price: $3,750,000 (4590 sqft)
Subdivision: Eastover
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COMPASS | MLS # 4095380 | Active
Price: $3,750,000 (5666 sqft)
Subdivision: English Gardens
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Ivester Jackson | MLS # 4096670 | Active
Price: $3,650,000 (6334 sqft)
Subdivision: Giverny
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Ivester Jackson | MLS # 4127317 | Active
Price: $3,495,000 (5800 sqft)
Subdivision: Foxcroft
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Corcoran HM Properties | MLS # 4085250 | Active
Price: $3,495,000 (5475 sqft)
Subdivision: Quail Run
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Carolinas Best Realty | MLS # 4115583 | Active
Price: $3,450,000 (7790 sqft)
Subdivision: Seven Eagles
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Ivester Jackson | MLS # 4121762 | Active
Price: $3,395,000 (5411 sqft)
Subdivision: Quail Hollow
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Dickens Mitchener & | MLS # 4131825 | Active
Price: $3,250,000 (6848 sqft)
Subdivision: Seven Eagles
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Premier Sotheby's | MLS # 4099793 | Active
Price: $3,150,000 (5469 sqft)
Subdivision: Barclay Downs
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Brandon Lawn Real | MLS # 4073981 | Active
Price: $2,999,999 (4398 sqft)
Subdivision: Sedgefield
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Ram Realty LLC | MLS # 4126036 | Active
Price: $2,995,000 (6051 sqft)
Subdivision: Old Foxcroft
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Dickens Mitchener & | MLS # 4124016 | Active
Price: $2,880,000 (5560 sqft)
Subdivision: Cotswold
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Dwight Brokerage | MLS # 4105770 | Active
Price: $2,850,000 (8100 sqft)
Subdivision: Lake Wylie
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Ivester Jackson | MLS # 4116461 | Active
Price: $2,825,000 (5779 sqft)
Subdivision: Barclay Downs
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Enjoy Charlotte | MLS # 4043324 | Active
Price: $2,799,000 (5838 sqft)
Subdivision: Myers Park
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Mackey Realty LLC | MLS # 4123496 | Active
← prev Listings 21 - 40 of 827 next →
Huntersville Homes for Sale
– All Active MLS Listings
Huntersville homes
← prev Listings 21 - 40 of 112 next →Price: $1,440,000 (3900 sqft)
Subdivision: The Cape
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Premier Sotheby's | MLS # 4111168 | Active
Price: $1,350,000 (4088 sqft)
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Nestlewood Realty, LLC | MLS # 4129180 | Active
Price: $1,250,000 (3233 sqft)
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Coldwell Banker Realty | MLS # 4107164 | Active
Price: $1,225,000 (4225 sqft)
Subdivision: Olmsted
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Odell Realty, LLC | MLS # 4128965 | Active
Price: $950,000 (4651 sqft)
Subdivision: Walden
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COMPASS | MLS # 4123551 | Active
Price: $950,000 (1410 sqft)
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Keller Williams | MLS # 4037470 | Active
Price: $925,000 (4484 sqft)
Subdivision: Skybrook
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EXP Realty LLC | MLS # 4105891 | Active
Price: $895,000 (4860 sqft)
Subdivision: Skybrook
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RE/MAX Executive | MLS # 4121131 | Active
Price: $895,000 (1086 sqft)
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Century 21 Murphy & | MLS # 4053230 | Active
Price: $858,185 (3120 sqft)
Subdivision: North Creek Village
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David Weekley Homes | MLS # 4131818 | Active
Price: $857,403 (3301 sqft)
Subdivision: North Creek Village
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David Weekley Homes | MLS # 4122734 | Active
Price: $839,805 (2969 sqft)
Subdivision: North Creek Village
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David Weekley Homes | MLS # 4131776 | Active
Price: $823,669 (3008 sqft)
Subdivision: North Creek Village
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David Weekley Homes | MLS # 4129938 | Active
Price: $819,999 (4063 sqft)
Subdivision: Vermillion
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SERHANT | MLS # 4124427 | Active
Price: $800,000 (3824 sqft)
Subdivision: Farrington
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Bartholomew Real | MLS # 4122258 | Active
Price: $795,000 (3045 sqft)
Subdivision: Birkdale
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Allen Tate Lake Norman | MLS # 4120858 | Active
Price: $788,123 (2778 sqft)
Subdivision: North Creek Village
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David Weekley Homes | MLS # 4121156 | Active
Price: $779,900 (3309 sqft)
Subdivision: Birkdale
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COMPASS | MLS # 4120704 | Active
Price: $775,000 (3670 sqft)
Subdivision: The Hamptons
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COMPASS | MLS # 4117977 | Active
Price: $774,990 (3273 sqft)
Subdivision: Northstone
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EXP Realty LLC | MLS # 4119489 | Active
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