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

Open house: Sat, Feb 07, 11:00AM - 1:00PM
825 Lexington Avenue
$699,000   Active
Subdivision: Dilworth

Located in the Dilworth Historic District, this property offers a rare custom home opportunity in one of Charlotte’s most established and sought-after neighborhoods. Just moments from Uptown Charlotte, Latta Park, and the emerging Pearl District medical and innovation campus, this premier location delivers exceptional walkability, connectivity, and long-term value. Set among beautifully renovated and architecturally significant homes, the lot provides an ideal canvas for a thoughtful renovation, addition, or new construction project, subject to approval by the Charlotte Historic District Commission. Enjoy walkable access to Dilworth and South End dining, shopping, and parks, while remaining minutes from Uptown Charlotte, major medical institutions, and key transportation corridors. Whether you are a buyer seeking to create a custom home in Dilworth or a builder looking for a prime Historic District investment, the property’s true value lies in its location, setting, and long-term potential. Surrounded by mature trees, classic architecture, and a strong sense of community, this is an opportunity to establish a presence in one of Charlotte’s most iconic and protected neighborhoods as the surrounding area continues to evolve and thrive. Property is being sold as-is.

More Info

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Basic Information

MLS#: 4337612
Price: $699,000
Square Footage: 1089
Bedrooms: 3
Bathrooms: 1.1
Acreage: 0.14
Year Built: 1927
Type: Single Family Residence

Additional Photos:
Listing courtesy of: Dickens Mitchener & Associates Inc - fmiller@dickensmitchener.com

Based on information submitted to the MLS GRID as of 2026-02-07 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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VERIFICATION:What is five plus three?

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