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 - 16 of 16

Price: $6,250,000
1508 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 5.1 BA, 5791 sqft
Dickens Mitchener & | MLS # 4087693 | Contract
Price: $2,950,000
1226 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3.1 BA, 4475 sqft
Paul E. Finnen & | MLS # 4115851 | Contract
Price: $2,590,000
1516 Lynway Drive, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.2 BA, 5098 sqft
Corcoran HM Properties | MLS # 4136956 | Active
Price: $2,495,000
1003 Romany Road, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 4.1 BA, 4385 sqft
Keller Williams South | MLS # 4140576 | Active
Price: $2,250,000
509 E Tremont Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 4.1 BA, 4524 sqft
EXP Realty LLC | MLS # 4136547 | Active
Price: $2,149,000
1574 Clayton Drive, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 4.1 BA, 4515 sqft
Lilac Realty LLC | MLS # 4126513 | Contract
Open house! Sat May 25, 1 PM-3 PM
Price: $1,825,000
2025 Euclid Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.2 BA, 3590 sqft
Corcoran HM Properties | MLS # 4061777 | Active
Price: $1,799,000
605 Berkeley Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 3272 sqft
Dickens Mitchener & | MLS # 4127115 | Contract
Price: $1,795,000
2247 Winthrop Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 3992 sqft
Helen Adams Realty | MLS # 4122392 | Contract
Price: $1,550,000
717 Mcdonald Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3249 sqft
Helen Adams Realty | MLS # 4143326 | Active
Price: $1,375,000
2121 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 2564 sqft
Helen Adams Realty | MLS # 4135154 | Contract
Price: $1,225,000
711 Berkeley Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 2801 sqft
Better Homes and | MLS # 4117779 | Contract
Price: $1,047,500
2010 Park Road, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 2039 sqft
Nestlewood Realty, LLC | MLS # 4127415 | Active
Price: $825,000
2113 Lombardy Circle, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 2 BA, 2021 sqft
Greater Charlotte | MLS # 4084353 | Active
Price: $824,000
2112 Scott Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1396 sqft
Corcoran HM Properties | MLS # 4101328 | Active
Price: $795,000
504 Olmsted Park Place, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 1692 sqft
Corcoran HM Properties | MLS # 4141470 | Active

Listings 1 - 16 of 16

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