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 - 18 of 18

Price: $775,000
2028 Lombardy Circle, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 2498 sqft
Savvy + Co Real Estate | MLS # 3594041 | Active
Price: $825,000
2126 Cumberland Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 2.1 BA, 2432 sqft
Savvy + Co Real Estate | MLS # 3590798 | Contract
Price: $499,000
1106 E Worthington Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1806 sqft
Savvy + Co Real Estate | MLS # 3608276 | Contract
Price: $1,795,000
1326 Lafayette Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 5 BA, 5707 sqft
Dickens Mitchener & | MLS # 3585872 | Active
Price: $1,499,000
433 Atherton Street, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 4134 sqft
EXP REALTY LLC | MLS # 3584618 | Active
Price: $1,450,000
401 Atherton Street, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 4652 sqft
Forward Realty Inc. | MLS # 3552345 | Active
Price: $1,285,000
826 Berkeley Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 2.1 BA, 3425 sqft
Dickens Mitchener & | MLS # 3581934 | Active
Price: $1,250,000
621 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3 BA, 3141 sqft
Helen Adams Realty | MLS # 3599152 | Contract
Price: $1,250,000
500 Magnolia Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 4.1 BA, 4606 sqft
EXP REALTY LLC | MLS # 3600789 | Active
Open house! Tue Apr 7, 09 AM-9 PM
Price: $1,175,000
400 Mcdonald Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3636 sqft
Helen Adams Realty | MLS # 3598051 | Active
Price: $975,000
2219 Sarah Marks Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 2956 sqft
Carver Pressley, | MLS # 3597515 | Active
Price: $935,000
2208 Charlotte Drive, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 2.1 BA, 2719 sqft
Dickens Mitchener & | MLS # 3608612 | Coming soon
Price: $899,000
1900 Lombardy Circle, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 2900 sqft
Peters & Associates | MLS # 3582584 | Active
Price: $896,000
2100 Charlotte Drive, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 3 BA, 2513 sqft
Helen Adams Realty | MLS # 3603818 | Contract
Price: $690,000
2234 Winthrop Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 1719 sqft
Bliss Real Estate LLC | MLS # 3605384 | Contract
Price: $630,000
1706 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 2541 sqft
RE/MAX Executive | MLS # 3572586 | Contract
Price: $575,000
2316 Winthrop Avenue, Charlotte, NC 28203
Subdivision: Dilworth
2 BR, 1 BA, 951 sqft
EXP REALTY LLC | MLS # 3606522 | Contract
Price: $536,000
2131 Park Road, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1483 sqft
Helen Adams Realty | MLS # 3593205 | Active

Listings 1 - 18 of 18

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