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 29   next

Price: $749,000
2028 Lombardy Circle, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 2498 sqft
Savvy + Co Real Estate | MLS # 3594041 | Active
Price: $3,750,000
723 Mt Vernon Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 5.1 BA, 6681 sqft
Dickens Mitchener & | MLS # 3616636 | Active
Price: $1,740,000
1326 Lafayette Avenue, Charlotte, NC 28203
Subdivision: Dilworth
6 BR, 5 BA, 5170 sqft
Dickens Mitchener & | MLS # 3585872 | Contract
Price: $1,575,000
2301 Springdale Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 5 BA, 4250 sqft
Crescent Realty | MLS # 3610513 | Contract
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: $1,499,000
448 Iverson Way, Charlotte, NC 28203
Subdivision: Dilworth
6 BR, 5 BA, 4649 sqft
Cottingham Chalk | MLS # 3636526 | Active
Price: $1,460,000
2025 Cumberland Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 4 BA, 4254 sqft
Realty ONE Group | MLS # 3548929 | Contract
Price: $1,450,000
401 Atherton Street, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 4652 sqft
EXP REALTY LLC | MLS # 3552345 | Active
Price: $1,430,000
405 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 4.1 BA, 4252 sqft
Enjoy Charlotte | MLS # 3615140 | Active
Price: $1,339,000
657 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 3645 sqft
Helen Adams Realty | MLS # 3616279 | Active
Price: $1,295,000
404 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 3543 sqft
Our Craft Agency Inc | MLS # 3629391 | Active
Price: $1,250,000
655 Dorothy Drive, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 3292 sqft
Helen Adams Realty | MLS # 3636801 | Coming soon
Price: $1,175,000
1919 Lyndhurst Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3166 sqft
Cottingham Chalk | MLS # 3517917 | Contract
Price: $1,175,000
400 Mcdonald Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3636 sqft
Helen Adams Realty | MLS # 3598051 | Contract
Price: $1,175,000
636 Dorothy Drive, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3.1 BA, 3050 sqft
Dickens Mitchener & | MLS # 3626992 | Contract
Price: $1,150,000
504 Kingston Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 3091 sqft
Dickens Mitchener & | MLS # 3607494 | Contract
Open house! Sun Jul 5, 2 PM-4 PM
Price: $1,045,000
1814 Asheville Place, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 2905 sqft
HM Properties | MLS # 3631655 | Active
Price: $965,000
2224 Sarah Marks Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 2113 sqft
HM Properties | MLS # 3629317 | Coming soon
Price: $950,000
2219 Sarah Marks Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 2956 sqft
Carver Pressley, | MLS # 3597515 | Active
Price: $925,000
2011 Park Road, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 2270 sqft
HM Properties | MLS # 3625351 | Contract

Listings 1 - 20 of 29   next

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