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
Stunning 5 bed /4 bath luxury home in the heart of Dilworth with inviting front porch and timeless curb appeal. This home offers a wonderful floorplan with seamless flow and elevated finishes. Wide-plank hardwood floors throughout the home, plantation shutters, amazing abundant natural light, 10 foot ceilings on main and 9 foot ceilings on upper level. The gourmet kitchen features an expansive quartz island and gas range, pot filler and custom hood, beautifully appointed butler’s pantry, equipped with a beverage refrigerator and bar sink connects to the kitchen through a walk-through pantry with built-in cabinetry, additional counterspace and floating shelves. Formal Dining and a sophisticated family room featuring coffered ceilings and tongue-and-groove detail. Gas fireplace enhanced by custom built-in shelving and an oversized sliding glass door that opens to a large covered rear porch—perfect for indoor-outdoor living. Two luxurious owner’s suites provide unparalleled flexibility, with one on the main level and a second on the upper level. Each suite features vaulted ceilings, designer lighting, large custom walk-in closets with built-in shelving systems and spa-inspired baths with dual vanities, freestanding soaking tubs, large tile surround walk-in showers. The main level primary suite features an ensuite laundry closet and the upper primary suite opens to a private covered terrace and offers dual walk-in closets. Spacious secondary bedrooms with walk in closets. Large hall bathroom with an oversized double vanity and a tile surround shower/tub combo. Great storage and closets throughout home. The third-floor offers endless possibilities for a home theater, executive office or large bonus room. Outdoor living is remarkable with paver patio, covered electronic retractable pergola with ceiling fan and built-in gas grill area with countertop and beverage refrigerator. Outdoor fireplace with custom built-in niches for storing wood. Dual parking pads - front and rear with electronic gate. Fantastic, flat corner lot. Excellent location with convenient access to SouthEnd and Uptown. Walking distance to shops, dining and parks. Subdivision is Sunset Hills in tax record but is commonly known as Dilworth. Construction began and tax year built date is 2018 but House Completion/CO date is 5/12/2020. Move-in ready and a wonderful opportunity!
| MLS#: | 4344423 |
| Price: | $2,250,000 |
| Square Footage: | 5349 |
| Bedrooms: | 5 |
| Bathrooms: | 4 |
| Acreage: | 0.2 |
| Year Built: | 2018 |
| Type: | Single Family Residence |
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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Read More: http://www.dilworthcharlotte.com/charlottes-real-estate-market-shows-double-digit-growth/
