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

1818 Lennox Avenue
$1,495,000   Active
Subdivision: Dilworth

Gorgeous move in ready Craftsman home located in Historic Dilworth neighborhood, Charlotte, NC! Exquisite details throughout! 4 Bedrooms, 2 Baths. 3,056 SF. Large level backyard with handsome fencing, landscape lighting. New neutral interior paint. Handsome new exterior paint late 2025! This home will impress with 10' tall ceilings on Main, which create a lovely open feel. There is an open finished covered front porch, 10' x 17'. Hardwood floors throughout the house, tile in baths. Kitchen has tile countertops, 6-burner electric cooktop, 27" electric wall oven, island, several lovely open shelves to display dishes. Laundry Room on Main with washer and dryer. Rear entrance to the home opens to a large Deck overlooking gorgeous new landscaping, gorgeous trees. Primary Bedroom on Main. Handsome staircase that turns and leads to Upper Level. Sitting Room that can be used as a Media area, tables for games, sofas. 1 full Bath and 3 Bedrooms on this level of the home. Architectural Roof. Basement has an industrial sized humidifier, vapor barrier, French drain, plenty of storage! No HOA. Desirable schools. Well maintained. Easy proximity to Latta Park, Sugar Creek Greenway paths, SouthEnd. Close to the hospital, shopping, dining. Great area for walking, biking!

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Basic Information

MLS#: 4350371
Price: $1,495,000
Square Footage: 3056
Bedrooms: 4
Bathrooms: 2
Acreage: 0.21
Year Built: 1915
Type: Single Family Residence

Additional Photos:
Listing courtesy of: EXP Realty LLC Ballantyne - 704-488-0988

Based on information submitted to the MLS GRID as of 2026-03-25 12:00:00. 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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