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 - 15 of 151333 Carlton Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.2 BA, 4658 sqft
Dickens Mitchener & | MLS # 4211721 | Active
448 Iverson Way, Charlotte, NC 28203
Subdivision: Dilworth
6 BR, 5 BA, 4642 sqft
Costello Real Estate | MLS # 4224298 | Contract
1509 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 3815 sqft
Dickens Mitchener & | MLS # 4193072 | Contract
680 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 4 BA, 3582 sqft
Giving Tree Realty | MLS # 4234544 | Active
813 Brookside Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3230 sqft
Cottingham Chalk | MLS # 4224657 | Contract
1645 Lombardy Circle, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 4.1 BA, 3257 sqft
Allen Tate Charlotte | MLS # 4231382 | Active
2304 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3 BA, 3348 sqft
Helen Adams Realty | MLS # 4220375 | Contract
426 Magnolia Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 3 BA, 2574 sqft
Cottingham Chalk | MLS # 4235272 | Coming soon
2009 Charlotte Drive, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1705 sqft
Helen Adams Realty | MLS # 4227873 | Contract
2028 Scott Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 2 BA, 2026 sqft
Corcoran HM Properties | MLS # 4227669 | Active
Price: $850,000
1314 Ordermore Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2 BA, 1550 sqft
NorthGroup Real | MLS # 4214043 | Active
2005 Cleveland Avenue, Charlotte, NC 28203
Subdivision: Dilworth
2 BR, 1 BA, 1108 sqft
Will Lovelett | MLS # 4200600 | Active
2112 Floral Avenue, Charlotte, NC 28203
Subdivision: Dilworth
2 BR, 2 BA, 1350 sqft
Keller Williams | MLS # 4227609 | Contract
1921 Kenilworth Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 1787 sqft
Southern Homes of the | MLS # 4223541 | Active
Listings 1 - 15 of 15
Read More: http://www.dilworthcharlotte.com/charlottes-real-estate-market-shows-double-digit-growth/