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
Charming and updated 3 bed, 2.5 bath bungalow located in the heart of Dilworth, walking distance to South End, East Blvd, and Park Rd Shopping Center. Over 2,200 sq ft of living space, this home features real hardwoods throughout the main floor, a formal dining room, and a primary suite on the main floor. The den/office space is conveniently located on the main floor, and the living room boasts vaulted ceilings with a new gas fireplace. The updated kitchen includes brand-new quartz countertops, stainless steel appliances, and a new gas stove top. Both bathrooms are upgraded with walk-in tile showers and double shower heads. Large walk-in closets in all bedrooms. Enjoy the expansive covered front porch and the private backyard patio, surrounded by fresh landscaping and hedges for added privacy. The 2020 roof provides peace of mind, and a 2-car carport adds convenience. All appliances are included, and the HOA covers lawn maintenance, making this a low-maintenance living option. Life at 517 Meacham St means waking up in the heart of Dilworth, where tree-lined streets and walkable charm set the tone for your day. Start your mornings with a jog through Freedom Park or a stroll to a local coffee shop in South End , then return to a bright, open home with soaring ceilings, a chef’s kitchen, and a cozy fireplace. Weekends flow effortlessly from hosting friends on your private patio to exploring nearby restaurants, breweries, and boutiques — all just steps away. With a main-level primary suite, modern finishes, and low-maintenance living, this home blends everyday convenience with the active, social lifestyle Dilworth is known for.
| MLS#: | 4279558 |
| Price: | $1,199,999 |
| Square Footage: | 2262 |
| Bedrooms: | 3 |
| Bathrooms: | 2.1 |
| Acreage: | 0.12 |
| Year Built: | 1992 |
| 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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