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 61 - 80 of 1044 next →Price: $2,433,000 (7995 sqft)
Subdivision: The Sanctuary
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Premier Sotheby's | MLS # 4036027 | Active
Price: $2,420,000 (4521 sqft)
Subdivision: Town and Country Estates
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Simonini Realty Inc | MLS # 4122221 | Active
Price: $2,395,000 (5273 sqft)
Subdivision: Cotswold
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Dickens Mitchener & | MLS # 4119879 | Active
Price: $2,395,000 (4045 sqft)
Subdivision: Eastover
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Dickens Mitchener & | MLS # 4135126 | Active
Price: $2,350,000 (4766 sqft)
Subdivision: Ashbrook
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ProStead Realty | MLS # 4136743 | Active
Price: $2,335,000 (4096 sqft)
Subdivision: Foxcroft
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Dickens Mitchener & | MLS # 4125162 | Active
Price: $2,300,000 (4096 sqft)
Subdivision: Foxcroft
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Dickens Mitchener & | MLS # 4125156 | Active
Price: $2,295,000 (5517 sqft)
Subdivision: Eastover
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Corcoran HM Properties | MLS # 4112253 | Active
Price: $2,295,000 (3845 sqft)
Subdivision: Morrocroft Estates
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Dickens Mitchener & | MLS # 4137561 | Active
Price: $2,250,000 (4246 sqft)
Subdivision: Barclay Downs
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Regina Farmer Realty, | MLS # 4134458 | Active
Price: $2,250,000 (4524 sqft)
Subdivision: Dilworth
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EXP Realty LLC | MLS # 4136547 | Active
Price: $2,242,000 (4193 sqft)
Subdivision: Myers Park
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Simonini Realty Inc | MLS # 4115644 | Active
Price: $2,195,000 (4008 sqft)
Subdivision: Wilton Wood
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Corcoran HM Properties | MLS # 4101300 | Active
Price: $2,190,000 (5793 sqft)
Subdivision: Gleneagles
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Corcoran HM Properties | MLS # 4135237 | Active
Price: $2,150,000 (4692 sqft)
Subdivision: Pharr Acres
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Dickens Mitchener & | MLS # 4098554 | Active
Price: $2,150,000 (2931 sqft)
Subdivision: Myers Park
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Heather Hopkinson & | MLS # 4134027 | Active
Price: $2,100,000 (4467 sqft)
Subdivision: Pellyn Wood
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Dickens Mitchener & | MLS # 4108189 | Active
Price: $2,100,000 (4838 sqft)
Subdivision: Deering Oaks
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Ram Realty LLC | MLS # 4082525 | Active
Price: $2,100,000 (4365 sqft)
Subdivision: Southpark
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Helen Adams Realty | MLS # 4140803 | Active
Price: $2,097,000 (7142 sqft)
Subdivision: The Palisades
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Allen Tate Ballantyne | MLS # 4123165 | Active
← prev Listings 61 - 80 of 1044 next →
Huntersville Homes for Sale
– All Active MLS Listings
Huntersville homes
← prev Listings 61 - 80 of 126 next →Price: $640,000 (3224 sqft)
Subdivision: The Oaks at Skybrook North
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Berkshire Hathaway | MLS # 4138876 | Active
Price: $625,000 (3200 sqft)
Subdivision: Riverdale
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Ivester Jackson | MLS # 4139325 | Active
Price: $619,000 (3146 sqft)
Subdivision: Wynfield
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360 REALTY | MLS # 4138328 | Active
Price: $617,686 (2539 sqft)
Subdivision: The Hills
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William Kiselick | MLS # 4059878 | Active
Price: $605,000 (2614 sqft)
Subdivision: Vermillion
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Realty ONE Group | MLS # 4119963 | Active
Price: $600,000 (1930 sqft)
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Mark Spain Real Estate | MLS # 4134684 | Active
Price: $599,900 (3114 sqft)
Subdivision: Villages at Rosedale
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Keller Williams Lake | MLS # 4134716 | Active
Price: $599,000 (2047 sqft)
Subdivision: Beckett
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Realty ONE Group | MLS # 4136709 | Active
Price: $597,000 (2124 sqft)
Subdivision: The Hills
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Call It Closed | MLS # 4138487 | Active
Price: $597,000 (3126 sqft)
Subdivision: Riverdale
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Keller Williams Lake | MLS # 4139194 | Active
Price: $589,000 (2736 sqft)
Subdivision: Stoneybrook Station
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Coldwell Banker Realty | MLS # 4118751 | Active
Price: $585,000 (2709 sqft)
Subdivision: Wynfield Forest
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Coldwell Banker Realty | MLS # 4123435 | Active
Price: $578,000 (2253 sqft)
Subdivision: Vermillion
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Velocity Properties | MLS # 4139048 | Active
Price: $575,000 (2688 sqft)
Subdivision: Hampton Ridge
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RE/MAX Executive | MLS # 4118865 | Active
Price: $575,000 (3269 sqft)
Subdivision: Arbormere
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EXP Realty LLC | MLS # 4122033 | Active
Price: $569,000 (2472 sqft)
Subdivision: Arbor Croft
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Chosen Realty of NC | MLS # 4091852 | Active
Price: $560,000 (3299 sqft)
Subdivision: Crosswinds
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Allen Tate Providence | MLS # 4139214 | Active
Price: $555,000 (2846 sqft)
Subdivision: Cedarfield
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C-A-RE Realty | MLS # 4129213 | Active
Price: $550,000 (2214 sqft)
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Red Cedar Realty LLC | MLS # 4129083 | Active
Price: $549,999 (2449 sqft)
Subdivision: New Haven Park
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JKN Realty | MLS # 4116764 | Active
← prev Listings 61 - 80 of 126 next →
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