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.”
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 - 10 of 10
628 Diana Drive, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 5.1 BA, 4454 sqft
Helen Adams Realty | MLS # 4081543 | Active
608 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 4740 sqft
Keller Williams South | MLS # 4056514 | Active
Price: $1,995,000
2025 Euclid Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.2 BA, 3590 sqft
Corcoran HM Properties | MLS # 4061777 | Active
2006 Floral Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 5.1 BA, 3531 sqft
Ivester Jackson | MLS # 4089809 | Contract
1016 Isleworth Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 2712 sqft
ERA Live Moore | MLS # 4048552 | Contract
824 Brookside Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 2.1 BA, 1896 sqft
Southern Homes of the | MLS # 4077117 | Active
2300 Floral Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.2 BA, 2438 sqft
Real Broker, LLC | MLS # 4075808 | Active
Price: $1,095,000
1723 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 2656 sqft
Corcoran HM Properties | MLS # 4054294 | Active
Price: $1,050,000
1818 Ewing Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 2 BA, 2280 sqft
Coldwell Banker Realty | MLS # 4075050 | Active
712 Lexington Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 1 BA, 1579 sqft
Keller Williams | MLS # 4055561 | Active
Listings 1 - 10 of 10
Read More: http://www.dilworthcharlotte.com/charlottes-real-estate-market-shows-double-digit-growth/
