Charlotte Housing Market

Charlotte NC Housing Monthly Review – May 2017

Lake Norman, North Carolina Real Estate for Sale

Charlotte-NC-Real-Estate-for-Sale

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Charlotte NC Housing Monthly Review – May 2017
  • KEY HIGHLIGHTS. The Charlotte, North Carolina housing market continued many of the positive trends exhibited recently although affordability continues to be the most substantial headwind forming.  Another headwind potentially is higher interest rates as well if the Federal Reserve continues to hike rates.
  • CUMMULATIVE DAYS ON MARKET.  This figure now stands at 52 down from 63 a year ago, down 7 from April’s 56 and near record lows dating back to 2004.  The decline continues a trend that began since 2011.
  • AVERAGE SALES PRICE.  This figure FELL slightly from near record levels at $274,957 in May vs April’s $275,49, but still up 6.6% year over year.  The 12 month average stood at 8.6%.
  • CLOSED SALES.  This figure fell 0.3% year over year while year to date rose 7.0%.
  • PENDING SALES. This figure rose 16.6% year over year while year to date rose 8.1%.
  • MONTHS OF SUPPLY OF HOMES.  This figure held steady from the prior month at 2.5 days, but fell year over year by 26.5% from 3.4.  The figure remains near record lows for data since 2005.
  • COMMENTARY. The recent drop in 30 year mortgage rates (according to Freddie Mac) to seven months lows remain the most significant positive development in the near-term.  In addition, with the Commerce Department reporting wages rising 0.7% (above expectations) that too needs to be closely watch given the affordability issues that may thwart any further price appreciation.  Over longer-term future Federal Reserve rate hikes and potential tax cuts by the Administration remain key factors in sustaining the health of the housing market.

Data Source:  Charlotte REALTOR Association…for Charlotte NC Housing.

Charlotte NC Housing Real Estate Market is a huge area with may “sub-locations” to choose from while still being in the Charlotte / Mecklenburg County area.  If you are interested in information pertaining to these areas, or would love information on Lake Norman Real Estate for Sale such as Huntersville, NC Real Estate, please Contact Us! … The Martin Real Estate Team of Lake Norman

704-900-1619

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Charlotte Homes for Sale

Active MLS Listings above $300,000

Charlotte homes

Listings 1 - 20 of 1027   next

14039 Point Lookout Road -- 3 BR, 4.1 BA
Price: $998,900 (5406 sqft)
Subdivision: Pierpointe
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Leslie Clenney | MLS # 3267080 | Active
822 Elrond Drive -- 5 BR, 2.1 BA
Price: $340,000 (3297 sqft)
Subdivision: Highland Creek
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Brigitte Perry | MLS # 3334626 | Active
7010 Evanton Loch Road -- 5 BR, 3 BA
Price: $339,000 (3530 sqft)
Subdivision: Berewick
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Farrah Biggerstaff | MLS # 3336451 | Active
8359 Providence Road -- 5 BR, 4.1 BA
Price: $6,300,000 (9385 sqft)
Subdivision: Greenwood
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Premier Sotheby's | MLS # 3282873 | Active
7330 Baltusrol Lane -- 5 BR, 6.3 BA
Price: $6,250,000 (10582 sqft)
Subdivision: Quail Hollow
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HM Properties | MLS # 3330703 | Active
2019 Craigmore Drive -- 4 BR, 5.3 BA
Price: $5,200,000 (10800 sqft)
Subdivision: Pellyn Wood
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Ivester Jackson | MLS # 3254980 | Active
7517 Morrocroft Farms Lane -- 7 BR, 8.1 BA
Price: $4,995,000 (7840 sqft)
Subdivision: Morrocroft Estates
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Dickens Mitchener & | MLS # 3254206 | Active
651 Museum Drive -- 5 BR, 4.2 BA
Price: $4,995,000 (8679 sqft)
Subdivision: Eastover
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Dickens Mitchener & | MLS # 3313655 | Active
16460 Marvin Road -- 5 BR, 7.2 BA
Price: $4,995,000 (11500 sqft)
Subdivision: Evermay
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Peters & Associates | MLS # 3271830 | Active
8407 Winged Bourne Road -- 8 BR, 8.3 BA
Price: $4,690,000 (15494 sqft)
Subdivision: Seven Eagles
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Peters & Associates | MLS # 3314601 | Active
7430 Baltusrol Lane -- 5 BR, 5.2 BA
Price: $4,250,000 (8088 sqft)
Subdivision: Quail Hollow
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Dickens Mitchener & | MLS # 3305589 | Active
8343 Providence Road -- 5 BR, 5.2 BA
Price: $4,250,000 (5965 sqft)
Subdivision: Greenwood
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Ivester Jackson | MLS # 3299035 | Active
4412 Fox Brook Lane -- 5 BR, 5.2 BA
Price: $4,200,000 (8137 sqft)
Subdivision: Morrocroft Estates
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CottinghamChalkHayes, | MLS # 3319910 | Active
8406 Eagle Glen Way -- 8 BR, 7.3 BA
Price: $4,150,000 (11964 sqft)
Subdivision: Seven Eagles
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Ivester Jackson | MLS # 3183331 | Active
5403 Gorham Drive -- 4 BR, 5.3 BA
Price: $3,900,000 (8338 sqft)
Subdivision: Pellyn Wood
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Ivester Jackson | MLS # 3276839 | Active
5404 Stonesthrow Court -- 7 BR, 8.2 BA
Price: $3,750,000 (9845 sqft)
Subdivision: Pellyn Wood
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Dickens Mitchener & | MLS # 3318889 | Active
2104 Woodhaven Road -- 5 BR, 6.5 BA
Price: $3,499,000 (10554 sqft)
Subdivision: Myers Park
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Click Carolina Homes | MLS # 3330952 | Active
3722 English Garden Drive -- 5 BR, 3 BA
Price: $3,250,000 (4826 sqft)
Subdivision: English Gardens
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Ivester Jackson | MLS # 3311082 | Active
7545 Morrocroft Farms Lane -- 5 BR, 5.2 BA
Price: $3,199,000 (7668 sqft)
Subdivision: Morrocroft Estates
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Ivester Jackson | MLS # 3197936 | Active
10419 Wildlife Road -- 5 BR, 5.3 BA
Price: $3,000,000 (11428 sqft)
Subdivision: The sanctuary
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RE/MAX Executive | MLS # 3280377 | Active

Listings 1 - 20 of 1027   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 277   next

8108 Tosomock Lane -- 5 BR, 4 BA
Price: $599,900 (3915 sqft)
Subdivision: Olmsted
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Susan Jakubowski | MLS # 3310862 | Active
13719 Hagers Ferry Road -- 4 BR, 3.1 BA
Price: $575,000 (3442 sqft)
Subdivision: None
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Clarke Crawford | MLS # 3294869 | Active
11730 Kinross Court -- 5 BR, 3 BA
Price: $440,000 (3280 sqft)
Subdivision: Northstone
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Pepper Stanford | MLS # 3275428 | Active
14207 Citrus Court -- 5 BR, 4.1 BA
Price: $415,000 (4720 sqft)
Subdivision: Stephens Grove
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Kris Gallagher | MLS # 3321540 | Active
16028 Northstone Drive -- 5 BR, 2.1 BA
Price: $379,000 (3314 sqft)
Subdivision: Northstone
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Farrah Biggerstaff | MLS # 3322774 | Active
8833 Oakham Street -- 5 BR, 2.1 BA
Price: $323,777 (2332 sqft)
Subdivision: Wynfield Forest
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Eric Cohen | MLS # 3337222 | Active
6705 April Mist Trail -- 3 BR, 2 BA
Price: $322,500 (2213 sqft)
Subdivision: Latta Springs
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Samantha Edwards | MLS # 3302730 | Active
13915 Holly Stream Drive -- 4 BR, 2.1 BA
Price: $284,999 (2718 sqft)
Subdivision: Villages at Rosedale
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Guillermo Torres | MLS # 3331449 | Active
12516 Ramah Church Road -- 3 BR, 3 BA
Price: $249,900 (1921 sqft)
Subdivision: None
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Kirk Sipe | MLS # 3309998 | Active
16108 North Point Road -- 5 BR, 6 BA
Price: $1,949,000 (6223 sqft)
Subdivision: Lookout Point
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Ivester Jackson | MLS # 3257659 | Active
11132 Eastfield Road -- 4 BR, 1 BA
Price: $1,450,000 (3136 sqft)
Subdivision: None
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HM Properties | MLS # 3198704 | Active
14316 Beatties Ford Road -- 3 BR, 2.1 BA
Price: $1,399,000 (2988 sqft)
Subdivision: None
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Great Homes of the | MLS # 3293354 | Active
16650 Cobbleview Lane -- 5 BR, 6.1 BA
Price: $1,224,000 (6145 sqft)
Subdivision: Stonegate Estates
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Ivester Jackson | MLS # 3224270 | Active
14451 Henry Harrison Stillwell Drive -- 5 BR, 4.2 BA
Price: $1,220,000 (6254 sqft)
Subdivision: Stillwell
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Allen Tate Lake Norman | MLS # 3275926 | Active
12300 Mccord Road -- 7 BR, 4.2 BA
Price: $1,095,000 (4973 sqft)
Subdivision: None
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RE/MAX Metro Realty | MLS # 3271799 | Active
16620 Cobbleview Lane -- 3 BR, 4 BA
Price: $924,444 (4344 sqft)
Subdivision: Stonegate Estates
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RAS Realty LLC | MLS # 3310354 | Active
15835 Pineknoll Lane -- 4 BR, 3 BA
Price: $775,000 (2488 sqft)
Subdivision: Bay Shores
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Keller Williams Lake | MLS # 3330279 | Active
15919 Sunset Drive -- 3 BR, 2.1 BA
Price: $775,000 (2711 sqft)
Subdivision: *
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Ivester Jackson | MLS # 3299926 | Active
15340 Black Farms Road -- 3 BR, 2.1 BA
Price: $750,000 (3329 sqft)
Subdivision: None
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Keller Williams Lake | MLS # 3327931 | Active
9037 Golden Rock Lane -- 6 BR, 5 BA
Price: $726,489 (4505 sqft)
Subdivision: Torance
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Classica Homes Realty | MLS # 3293070 | Active

Listings 1 - 20 of 277   next


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