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

425 Rensselaer Avenue
$925,000   Under Contract - Show
Subdivision: Dilworth

Rare opportunity for a move in ready, gorgeous Dilworth bungalow with a garage! With parking at a premium in this part of the city, this beautifully finished-out garage with an extended 3+ car driveway offers in-town living with space for your cherished cars AND parking for friends and family! Nestled in the heart of Historic Dilworth, this stylish 2 bed, 2 bath home blends timeless charm with modern livability. Located on one of the neighborhood’s most desirable streets, this property features a welcoming front porch, a fully fenced backyard, side deck, professional landscaping, and even an outdoor shower! Inside is light, bright & spacious with fresh paint, updated bathrooms and kitchen, and en trend lighting throughout. Above the garage is approx 315 sf of finished flexible space ideal for a home office, yoga studio, or a second living room! Bonus features include newer exterior paint, roof and gutters, and front porch decking. So close to shops, dining, parks, and everything that makes Dilworth one of Charlotte’s most beloved communities. This one is special!

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Basic Information

MLS#: 4351730
Price: $925,000
Square Footage: 1238
Bedrooms: 2
Bathrooms: 2
Acreage: 0.16
Year Built: 1933
Type: Single Family Residence

Additional Photos:
Listing courtesy of: Corcoran HM Properties - tiffanywhite@hmproperties.com

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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