Dilworth Experiences Double-Digit growth in the Charlotte residential real estate market!

An article from the Charlotte Business Journal shows continuous double-digit growth in the Charlotte residential real estate market.  According to the Charlotte Regional Realtors Association, closings increased by 23.4% in December as compared to the same time last year.  The growth was not only contained to the month of December either– October 2012 and November 2012 showed a 36.8% growth rate and 35% growth rate respectively.  In fact, the past 11 straight months have shown positive returns and the association president, Eric Locher, seems to think our housing market is in recovery, “Charlotte’s housing market has shown steady signs of improvement over most of 2012 and could be called the year our local recovery started.  With some of the uncertainty on the federal level temporarily averted, we’re hopeful these trends will continue through what is generally considered a slower selling season.”

Dilworth Park Charlotte (2)Not only have our closings improved, but so has the average sales price.  The average sales price in December 2011 was $190,656, however the December 2012 was showing a 7.9% increase in the average sales price, putting it at $205,537.  A more accurate indicator of trends over time, the median sales price, has also increased by 2.5%.

And even more good news is that the average amount of time from listing to closing has decreased by two days,  now reflecting an average of 156 days.

As chronicled in our previous Dilworth post, overall home inventory continues to fall.  This past year we had an astonishing 27.7% decrease in the amount of inventory available, leaving our region with about a five month supply of homes– Dilworth, however, has less than three months of inventory available.

Check out the Charlotte Business Journal to see the article in its entirety, and take a look below at the homes for sale in Dilworth:

Dilworth homes for sale

Dilworth Homes

Listings 1 - 20 of 26   next

Price: $675,000
616 Dorothy Drive, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1662 sqft
Savvy + Co Real Estate | MLS # 3760680 | Active
Price: $1,999,000
1904 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 5072 sqft
Coldwell Banker Realty | MLS # 3743125 | Active
Price: $1,749,000
918 Mt Vernon Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 4013 sqft
Dickens Mitchener & | MLS # 3743116 | Contract
Price: $1,699,000
2108 Cumberland Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3.1 BA, 3681 sqft
Nestlewood Realty, LLC | MLS # 3764376 | Coming soon
Price: $1,399,500
653 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 4258 sqft
Keller Williams South | MLS # 3667736 | Contract
Price: $1,399,000
1922 Ewing Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3627 sqft
Compass North | MLS # 3762534 | Contract
Price: $1,395,000
922 Magnolia Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3025 sqft
Wilkinson ERA Real | MLS # 3748572 | Contract
Price: $1,385,000
2108 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 3360 sqft
Helen Adams Realty | MLS # 3762888 | Contract
Price: $1,297,655
517 Kingston Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3 BA, 3226 sqft
Yancey Realty LLC | MLS # 3753257 | Contract
Price: $1,285,148
1109 Myrtle Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3128 sqft
Helen Adams Realty | MLS # 3637155 | Contract
Price: $1,195,000
1829 W Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 2976 sqft
Dickens Mitchener & | MLS # 3747096 | Contract
Price: $1,135,000
711 Berkeley Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 2801 sqft
Wilkinson ERA Real | MLS # 3748324 | Contract
Price: $1,125,000
513 Iverson Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3.1 BA, 2942 sqft
Helen Adams Realty | MLS # 3754079 | Active
Price: $1,050,000
531 Dilworth Mews Court, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3.1 BA, 3698 sqft
Tripp Griffin | MLS # 3720635 | Active
Price: $975,000
520 Tremont Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 2624 sqft
Corcoran HM Properties | MLS # 3755077 | Contract
Price: $975,000
2116 Floral Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 2528 sqft
Berkshire Hathaway | MLS # 3759127 | Contract
Price: $899,000
1827 Ewing Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1633 sqft
Compass North | MLS # 3758932 | Contract
Price: $895,000
1716 Lombardy Circle, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 3142 sqft
MartinGroup | MLS # 3694394 | Contract
Price: $850,000
1712 Lyndhurst Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1816 sqft
Home And Key Realty | MLS # 3761559 | Contract
Price: $825,000
517 Meacham Street, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 3 BA, 2253 sqft
Puma & Associates | MLS # 3718807 | Active

Listings 1 - 20 of 26   next

Read More: http://www.dilworthcharlotte.com/charlottes-real-estate-market-shows-double-digit-growth/