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 1145   next

5216 Mint Harbor Way -- 5 BR, 4.1 BA
Price: $819,000 (3672 sqft)
Subdivision: Griffith Lakes
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Alina Lorenzo | MLS # 4316519 | Active
1420 Rama Road -- 3 BR, 2 BA
Price: $675,000 (2179 sqft)
Subdivision: Rama Woods
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Kirk Sipe | MLS # 4329639 | Active
10715 Tom Short Road -- 3 BR, 3 BA
Price: $650,000 (2948 sqft)
Subdivision: Stone Creek Ranch
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Heather Zboch | MLS # 4323121 | Active
6341 Macon Street -- 3 BR, 2.1 BA
Price: $649,900 (1363 sqft)
Subdivision: Love Acres
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Kirk Sipe | MLS # 4330571 | Active
3308 Grandeur Road -- 5 BR, 2.1 BA
Price: $647,500 (3504 sqft)
Subdivision: Highland Creek
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Clarke Crawford | MLS # 4325981 | Active
2055 Solway Lane -- 4 BR, 2.1 BA
Price: $619,000 (3409 sqft)
Subdivision: Highland Creek
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Amy Worland | MLS # 4307419 | Active
665 Melbourne Court -- 2 BR, 1 BA
Price: $596,500 (1087 sqft)
Subdivision: Sedgefield
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Willow Heverley | MLS # 4243676 | Active
6801 Barrington Drive -- 4 BR, 2.1 BA
Price: $399,999 (1674 sqft)
Subdivision: Hampshire Hills
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Guillermo Torres | MLS # 4327241 | Active
1805 Crabapple Tree Lane -- 3 BR, 2.1 BA
Price: $399,000 (1661 sqft)
Subdivision: Riverbend
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Esther Carrasco | MLS # 4293333 | Active
3107 Briar Rose Court -- 3 BR, 2.1 BA
Price: $364,500 (1926 sqft)
Subdivision: Highland Park
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Kevin Corzine | MLS # 4318813 | Active
4817 Carmel Park Drive -- 6 BR, 8.3 BA
Price: $14,999,000 (12707 sqft)
Subdivision: Carmel Park
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Corcoran HM Properties | MLS # 4286044 | Active
4523 Fox Brook Lane -- 5 BR, 6.3 BA
Price: $6,900,000 (8350 sqft)
Subdivision: Morrocroft Estates
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Lynette Williams Real | MLS # 4255800 | Active
4231 Fox Brook Lane -- 5 BR, 5.4 BA
Price: $5,799,000 (7434 sqft)
Subdivision: Morrocroft Estates
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Premier Sotheby's | MLS # 4335388 | Active
2357 Rock Creek Drive -- 5 BR, 6.1 BA
Price: $5,300,000 (7405 sqft)
Subdivision: Southpark
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COMPASS | MLS # 4304298 | Active
2832 Arcadia Avenue -- 5 BR, 6.1 BA
Price: $5,199,000 (5712 sqft)
Subdivision: Myers Park
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COMPASS | MLS # 4217335 | Active
13702 Sage Thrasher Lane -- 5 BR, 5.1 BA
Price: $5,000,000 (9757 sqft)
Subdivision: The Sanctuary
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Ivester Jackson | MLS # 4191491 | Active
4321 Columbine Circle -- 5 BR, 5.1 BA
Price: $4,785,000 (6520 sqft)
Subdivision: Foxcroft
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The Howey Company | MLS # 4320456 | Active
9044 Island Point Road -- 6 BR, 7.3 BA
Price: $4,500,000 (8820 sqft)
Subdivision: The Sanctuary
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EXP Realty LLC | MLS # 4135509 | Active
1516 Princeton Avenue -- 6 BR, 6.2 BA
Price: $4,300,000 (6401 sqft)
Subdivision: Myers Park
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Costello Real Estate | MLS # 4303651 | Active
1840 Sharon Lane -- 6 BR, 5.2 BA
Price: $4,250,000 (7785 sqft)
Subdivision: Old Foxcroft
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Dickens Mitchener & | MLS # 4303103 | Active

Listings 1 - 20 of 1145   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 207   next

7427 Kates Grove Way -- 4 BR, 4.1 BA
Price: $1,789,750 (4308 sqft)
Subdivision: Four Oaks
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Kathy Day | MLS # 4315040 | Active
14002 Salem Ridge Road -- 6 BR, 5.1 BA
Price: $1,199,000 (6037 sqft)
Subdivision: Skybrook
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Amy Robinson | MLS # 4315805 | Active
9825 Hagers Road -- 3 BR, 3 BA
Price: $1,050,000 (2875 sqft)
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Sean Hill | MLS # 4290223 | Active
12213 Farnborough Road -- 4 BR, 3.1 BA
Price: $950,000 (3428 sqft)
Subdivision: Northstone
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Kathy Day | MLS # 4329434 | Active
12632 Dunloe Wood Drive -- 4 BR, 3.1 BA
Price: $825,000 (3678 sqft)
Subdivision: Farrington
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Vicki Dalton | MLS # 4331517 | Active
12621 Kane Alexander Drive -- 4 BR, 2.1 BA
Price: $725,000 (2713 sqft)
Subdivision: Northstone
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Pepper Stanford | MLS # 4322390 | Active
11809 Farnborough Road -- 4 BR, 2.1 BA
Price: $710,000 (3092 sqft)
Subdivision: Northstone
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Julie Williams | MLS # 4315816 | Active
6316 Glengarrie Lane -- 5 BR, 3 BA
Price: $665,000 (3481 sqft)
Subdivision: Stephens Grove
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Carrie Craver | MLS # 4247118 | Active
17433 Glassfield Drive -- 4 BR, 2.1 BA
Price: $645,000 (3326 sqft)
Subdivision: Cambridge Grove
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Kathy Day | MLS # 4333480 | Active
14241 Hugh Dixon Way -- 3 BR, 3 BA
Price: $579,900 (2556 sqft)
Subdivision: Asbury Park
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John Torres | MLS # 4316727 | Active
12538 Sam Furr Road -- 3 BR, 2 BA
Price: $442,750 (1294 sqft)
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Monique Spittel | MLS # 4306769 | Active
11001 Mount Holly Hntrsvlle Road -- 4 BR, 3.1 BA
Price: $6,800,000 (5557 sqft)
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Kean Property Group | MLS # 4219368 | Active
10915 Beatties Ford Road -- 4 BR, 2.1 BA
Price: $2,850,000 (3638 sqft)
Subdivision: Beatties Ford
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Lake Norman Realty, | MLS # 4335577 | Active
10119 Laurier Lane -- 6 BR, 6.1 BA
Price: $2,199,000 (5133 sqft)
Subdivision: Belleterre
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EXP Realty LLC | MLS # 4273565 | Active
10915 Beatties Ford Road -- 4 BR, 2.1 BA
Price: $1,850,000 (3638 sqft)
Subdivision: Beatties Ford
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Lake Norman Realty, | MLS # 4308047 | Active
8212 Farm Crossing Lane -- 4 BR, 4.1 BA
Price: $1,795,000 (4426 sqft)
Subdivision: Stephens Farm
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EXP Realty LLC | MLS # 4297983 | Active
12833 Mayes Road -- 4 BR, 4.1 BA
Price: $1,700,000 (3579 sqft)
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SERHANT | MLS # 4324835 | Active
14504 Henry Harrison Stillwell Drive -- 5 BR, 3.1 BA
Price: $1,689,000 (6013 sqft)
Subdivision: Stillwell
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Ivester Jackson | MLS # 4288907 | Active
9318 Ansley Park Place -- 6 BR, 5.1 BA
Price: $1,586,348 (6373 sqft)
Subdivision: Olmsted
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Pulte Home Corporation | MLS # 4331609 | Active
9310 Ansley Park Place -- 6 BR, 5.1 BA
Price: $1,573,378 (6373 sqft)
Subdivision: Olmsted
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Pulte Home Corporation | MLS # 4297773 | Active

Listings 1 - 20 of 207   next


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