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
Rare Postmodern home on HALF ACRE in the Heart of Historic Dilworth. This architectural gem will impress you with the open feel, curved floating staircase & breathtaking architectural elements that only an architect/original owner could dream of. Located one block from Atrium Main campus yet privately tucked back on Belgrave Place with views of Latta Park & steps to everything that Dilworth has to offer. The 3 bed/2.5 bath home with finished lower level rec room & attached garage offers ultimate privacy with limitless opportunities. First floor features 10', hdwd floors & tons of natural light. The kitchen features German-made cabinetry, Subzero refrigerator & gas cooking. First level den could easily be converted to 4th bed by adding door. The exterior was well thought out with NC sourced materials & copper details. Located within half mile of the new Pearl District, East Blvd, Southend, & Uptown. One of the largest homesites in Historic Dilworth. Showings Start Thur 8/21 at noon.
| MLS#: | 4291234 |
| Price: | $1,750,000 |
| Square Footage: | 2908 |
| Bedrooms: | 3 |
| Bathrooms: | 2.1 |
| Acreage: | 0.5 |
| Year Built: | 1991 |
| Type: | Single Family Residence |
Based on information submitted to the MLS GRID as of 2025-10-04 18:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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