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 - 17 of 17

Price: $1,795,000
2025 Euclid Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.2 BA, 3590 sqft
Corcoran HM Properties | MLS # 4061777 | Active
Price: $1,775,000
2209 Floral Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3738 sqft
Mackey Realty LLC | MLS # 4164344 | Contract
Price: $1,650,000
2008 Floral Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3946 sqft
Keller Williams South | MLS # 4143162 | Contract
Price: $1,500,000
705 Templeton Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3444 sqft
Dickens Mitchener & | MLS # 4166286 | Contract
Price: $1,498,000
523 E Kingston Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 3 BA, 3274 sqft
CARTER GROUP | MLS # 4174008 | Active
Price: $1,325,000
2021 Euclid Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 3114 sqft
Crites Real Estate | MLS # 4110534 | Active
Price: $1,298,000
1219 E Worthington Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 2510 sqft
Helen Adams Realty | MLS # 4178054 | Active
Open house! Sat Sep 14, 1 PM-3 PM
Price: $1,250,000
1712 Lyndhurst Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1816 sqft
My Townhome | MLS # 4178235 | Coming soon
Price: $1,050,000
726 E Park Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 2 BA, 2189 sqft
Corcoran HM Properties | MLS # 4174334 | Contract
Price: $899,000
1701 Scott Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 2166 sqft
Front Door | MLS # 4146441 | Active
Price: $849,000
1505 E Worthington Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1767 sqft
Stone Realty Group | MLS # 4155383 | Contract
Price: $825,000
2113 Lombardy Circle, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 2 BA, 2021 sqft
Greater Charlotte | MLS # 4084353 | Active
Price: $815,000
424 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 1 BA, 934 sqft
Berryhill Realty Co. | MLS # 4159490 | Contract
Price: $750,000
2112 Scott Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1396 sqft
Corcoran HM Properties | MLS # 4101328 | Contract
Price: $750,000
1512 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 1581 sqft
Dickens Mitchener & | MLS # 4165623 | Contract
Price: $699,000
1705 Scott Avenue, Charlotte, NC 28203
Subdivision: Dilworth
2 BR, 1 BA, 1173 sqft
Front Door | MLS # 4154726 | Active
Price: $674,900
2135 Scott Avenue, Charlotte, NC 28203
Subdivision: Dilworth
2 BR, 1.1 BA, 1221 sqft
EXP Realty LLC | MLS # 4171861 | Active

Listings 1 - 17 of 17

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