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
If you are looking for a walk out BASEMENT, an ELEVATOR & a PRIMARY SUITE on the main level....allow me to introduce... 1519 Lynway Drive. This custom, three-story home that blends architectural artistry with everyday livability, complete with a finished walk-out basement and resort-style backyard. From the moment you arrive, the home sets the tone with its reeded foyer detail and soaring three-story open staircase that floods the entry with natural light. The two-story foyer balances comfort and luxury, creating a striking first impression. The main level primary suite is a private retreat featuring herringbone white oak details, a spa-inspired en-suite with reeded stained cabinetry, and a 10” curved marble countertop splash that elevates the design. A marble-tiled floor and custom closet with washer/dryer hookup complete the suite. A spacious guest suite with private bath (or optional home office) also sits on the main level for added flexibility. The open living room is anchored by a cast stone wood-burning fireplace and a stunning wood-detailed ceiling. The chef’s kitchen pairs soft warm-white cabinetry with a contrasting stained wood island and integrated design details, while the fully equipped scullery offers a Bev/wine fridge, 1 of the 3 dishwashers, and ice maker. Accordion doors extend the living space outdoors to a screened deck with a gas grill and fireplace, perfect for entertaining, with steps leading down to the backyard. The walk-out basement is designed for both relaxation and recreation—featuring a large gym, private guest suite with full bath, expansive entertaining room with second kitchenette, and a dedicated pool bath with dual access (interior and exterior). Outside, the home’s pool and hot tub oasis create the ultimate retreat, blending seamlessly with the indoor entertaining spaces. Every detail at 1519 Lynway has been curated to offer a thoughtful balance of luxury, function, and lifestyle—a home as stunning as it is livable.
MLS#: | 4298826 |
Price: | $3,790,000 |
Square Footage: | 6859 |
Bedrooms: | 6 |
Bathrooms: | 6.1 |
Acreage: | 0.33 |
Year Built: | 2025 |
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.
Contact An Agent:
Read More: http://www.dilworthcharlotte.com/charlottes-real-estate-market-shows-double-digit-growth/