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
Welcome to 809 Mt Vernon Ave. This is the home you have been waiting for! This modern Dilworth bungalow is perfectly located on one of the most beautiful streets in the heart of the Dilworth Historic District. Built in 2016 and designed by Don Duffy Architecture, this gorgeous home seamlessly blends timeless architectural elements with modern features tailored to today’s discerning homeowner. The ten-foot ceilings and numerous windows on the first floor highlight the home's spacious layout, enhance its abundant natural light, and accentuate the open and airy design of the home. Each space is thoughtfully designed with meticulous attention to details throughout. The gorgeous chef’s kitchen overlooks a spacious family room and is anchored by a fireplace and a series of French doors leading to a large, covered porch for dining, entertaining and enjoying the serene back yard with a large saltwater pool. The expansive main floor includes a generous primary suite, two offices, and extra living and dining spaces. A custom designed steel and wood staircase leads to the second floor, which offers two large bedrooms, a full bathroom, and a versatile skylighted loft space The lower level provides a second living area featuring a custom-built Murphy bed, a cozy seating area, and a full bath. with a heated floor French doors open to a secluded rear yard, complete with a resort style saltwater pool and hot tub. Throughout the home, extensive millwork and custom lighting contribute to its elegance and character. The location is prime. Within minutes you can be in South End or uptown and The Pearl District for work, dining, shopping and entertainment while also having easy access to schools, parks, Interstates and the airport . 809 Mt Vernon Ave offers the perfect blend of classic charm and modern conveniences. This amazing home in this spectacular location truly has it all!
| MLS#: | 4294690 |
| Price: | $2,995,000 |
| Square Footage: | 4374 |
| Bedrooms: | 3 |
| Bathrooms: | 3.1 |
| Acreage: | 0.25 |
| Year Built: | 2016 |
| Type: | Single Family Residence |
| Virtual Tour: | Click here |
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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