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 - 19 of 19

Price: $2,595,000
1525 Lynway Drive, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 5.1 BA, 5317 sqft
Realty ONE Group | MLS # 3888109 | Active
Price: $1,999,000
300 Mcdonald Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 4781 sqft
5 Points Realty | MLS # 3903313 | Contract
Price: $1,799,000
641 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 4423 sqft
Dickens Mitchener & | MLS # 3905383 | Contract
Price: $1,650,000
1008 Mt Vernon Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 2904 sqft
Dickens Mitchener & | MLS # 3914256 | Contract
Price: $1,599,000
629 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 4082 sqft
RE/MAX Leading Edge | MLS # 3907114 | Contract
Price: $1,450,000
2224 Springdale Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 4367 sqft
Ivester Jackson | MLS # 3900037 | Contract
Price: $1,399,000
657 Diana Drive, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3.1 BA, 4013 sqft
Cottingham Chalk | MLS # 3905251 | Contract
Price: $1,350,000
410 Park Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 3222 sqft
Helen Adams Realty | MLS # 3922366 | Contract
Price: $1,295,000
2212 Charlotte Drive, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 2836 sqft
COMPASS Ballantyne | MLS # 3903714 | Active
Price: $1,200,000
1226 Myrtle Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 2 BA, 3346 sqft
CACARTER GROUP LLC | MLS # 3908357 | Active
Price: $1,195,000
1815 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 3 BA, 2749 sqft
Helen Adams Realty | MLS # 3919809 | Active
Price: $1,149,000
724 E Tremont Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 3179 sqft
Keller Williams | MLS # 3867030 | Contract
Price: $1,099,000
705 E Tremont Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 2137 sqft
Corcoran HM Properties | MLS # 3910624 | Contract
Price: $1,095,000
645 Ideal Way, Charlotte, NC 28203
Complex: Dilworth
5 BR, 3.1 BA, 3238 sqft
EXP Realty LLC | MLS # 3888597 | Active
Price: $825,000
512 Olmsted Park Place, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 1660 sqft
National Real Estate | MLS # 3913955 | Contract
Price: $729,000
1539 Lilac Road, Charlotte, NC 28209
Subdivision: Dilworth
2 BR, 1 BA, 1460 sqft
First Charlotte | MLS # 3914277 | Contract
Price: $699,400
644 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 1 BA, 1033 sqft
Century 21 Murphy & | MLS # 3878412 | Active
Price: $625,000
2012 Lyndhurst Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1541 sqft
Keller Williams | MLS # 3857826 | Contract
Price: $462,500
2113 Scott Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 1.1 BA, 958 sqft
Helen Adams Realty | MLS # 3924890 | Contract

Listings 1 - 19 of 19

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