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 31   next

Price: $1,600,000
2336 Springdale Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 5304 sqft
Savvy + Co Real Estate | MLS # 3680047 | Active
Price: $6,950,000
1508 Dilworth Road, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 5.1 BA, 5791 sqft
Dickens Mitchener & | MLS # 3672623 | Active
Price: $3,590,000
723 Mt Vernon Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 5.1 BA, 6681 sqft
Dickens Mitchener & | MLS # 3616636 | Contract
Price: $1,850,000
900 Mt Vernon Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3.2 BA, 4464 sqft
Dickens Mitchener & | MLS # 3642164 | Contract
Price: $1,499,000
653 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 4258 sqft
Keller Williams South | MLS # 3667736 | Active
Price: $1,495,000
2408 Cumberland Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 5.1 BA, 4126 sqft
HM Properties | MLS # 3673487 | Contract
Open house! Sun Jan 24, 1 PM-3 PM
Price: $1,484,000
2305 Winthrop Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.2 BA, 5386 sqft
HM Properties | MLS # 3673067 | Active
Price: $1,395,000
729 Berkeley Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 3435 sqft
Allen Tate Center City | MLS # 3695029 | Active
Price: $1,375,000
401 Atherton Street, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 4652 sqft
EXP REALTY LLC | MLS # 3552345 | Contract
Price: $1,350,000
2231 Charlotte Drive, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 4588 sqft
Dickens Mitchener & | MLS # 3670151 | Contract
Price: $1,350,000
1105 Myrtle Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3133 sqft
Helen Adams Realty | MLS # 3637097 | Active
Price: $1,299,000
629 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 4082 sqft
Keller Williams | MLS # 3657337 | Active
Price: $1,250,000
1113 Myrtle Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3095 sqft
Helen Adams Realty | MLS # 3637166 | Active
Price: $1,250,000
1109 Myrtle Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3128 sqft
Helen Adams Realty | MLS # 3637155 | Active
Price: $1,179,000
712 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3472 sqft
EXP REALTY LLC | MLS # 3670369 | Active
Price: $1,150,000
1716 Lombardy Circle, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 3142 sqft
MartinGroup | MLS # 3694394 | Active
Price: $1,120,000
404 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 3543 sqft
Our Craft Agency Inc | MLS # 3629391 | Contract
Price: $1,100,000
329 E Worthington Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3 BA, 2583 sqft
| MLS # 3694811 | Contract
Price: $1,075,000
1529 E Worthington Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4 BA, 3462 sqft
Realty Dynamics Inc. | MLS # 3698868 | Contract
Price: $1,050,000
1924 Park Road, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3.1 BA, 2569 sqft
Helen Adams Realty | MLS # 3690278 | Contract

Listings 1 - 20 of 31   next

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