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 839   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
4908 Crownvista Drive -- 4 BR, 2.1 BA
Price: $378,000 (3443 sqft)
Subdivision: Highland Creek
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Sarah Moore | MLS # 3357959 | 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
8359 Providence Road -- 5 BR, 4.1 BA
Price: $5,800,000 (9385 sqft)
Subdivision: Greenwood
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Premier Sotheby's | MLS # 3282873 | 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
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
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 # 3348065 | Active
8407 Winged Bourne Road -- 8 BR, 8.3 BA
Price: $4,490,000 (15494 sqft)
Subdivision: Seven Eagles
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Peters & Associates | MLS # 3314601 | 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
300 Eastover Road -- 5 BR, 5.2 BA
Price: $3,875,000 (8464 sqft)
Subdivision: Eastover
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Dickens Mitchener & | MLS # 3360051 | Active
319 Colville Road -- 4 BR, 4.2 BA
Price: $3,650,000 (6030 sqft)
Subdivision: Eastover
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HM Properties | MLS # 3360419 | 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
5403 Gorham Drive -- 4 BR, 5.3 BA
Price: $3,495,000 (8338 sqft)
Subdivision: Pellyn Wood
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Ivester Jackson | MLS # 3276839 | Active
5404 Stonesthrow Court -- 7 BR, 8.2 BA
Price: $3,395,000 (9845 sqft)
Subdivision: Pellyn Wood
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Dickens Mitchener & | MLS # 3360197 | Active
1930 Queens Road -- 6 BR, 5.3 BA
Price: $3,250,000 (7364 sqft)
Subdivision: Myers Park
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Dickens Mitchener & | MLS # 3355705 | 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
4400 Parview Drive -- 6 BR, 7.1 BA
Price: $3,125,000 (7853 sqft)
Subdivision: Carmel Estates
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Allen Tate SouthPark | MLS # 3348645 | Active

Listings 1 - 20 of 839   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 242   next

13322 Long Common Parkway -- 6 BR, 5 BA
Price: $639,000 (4804 sqft)
Subdivision: Olmsted
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Angela Cook | MLS # 3360920 | Active
10201 Hambright Road -- 3 BR, 3.1 BA
Price: $589,900 (2360 sqft)
Subdivision: None
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Kirk Sipe | MLS # 3357827 | 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
15838 Doyers Drive -- 5 BR, 4 BA
Price: $525,000 (4225 sqft)
Subdivision: The Hamptons
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Nancy Cameron | MLS # 3362946 | Active
1019 Brookline Drive -- 6 BR, 5.1 BA
Price: $525,000 (5895 sqft)
Subdivision: Skybrook
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Susanne Biedler | MLS # 3362970 | Active
11730 Kinross Court -- 5 BR, 3 BA
Price: $433,500 (3280 sqft)
Subdivision: Northstone
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Pepper Stanford | MLS # 3275428 | Active
6602 Latta Springs Circle -- 4 BR, 4 BA
Price: $428,000 (3331 sqft)
Subdivision: Latta Springs
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John Rhodes | MLS # 3346301 | Active
6727 Heritage Orchard Way -- 4 BR, 3.1 BA
Price: $379,900 (3247 sqft)
Subdivision: Latta Springs
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Ann Sharma | MLS # 3341333 | Active
8401 Bridgestone Drive -- 4 BR, 2.1 BA
Price: $379,000 (2443 sqft)
Subdivision: Birkdale
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Jack Beckman | MLS # 3350934 | Active
11643 Banter Lane -- 3 BR, 3 BA
Price: $369,900 (2715 sqft)
Subdivision: Vermillion
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John Torres | MLS # 3355511 | Active
15716 Glencastle Street -- 3 BR, 2.1 BA
Price: $349,900 (2618 sqft)
Subdivision: Wynfield Forest
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John Torres | MLS # 3363195 | Active
16719 Hampton Crossing Drive -- 4 BR, 3 BA
Price: $324,900 (2712 sqft)
Subdivision: Hampton Ridge
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Gina Davis | MLS # 3356950 | Active
6705 April Mist Trail -- 3 BR, 2 BA
Price: $324,500 (2213 sqft)
Subdivision: Latta Springs
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Samantha Edwards | MLS # 3302730 | Active
8833 Oakham Street -- 5 BR, 2.1 BA
Price: $319,800 (2332 sqft)
Subdivision: Wynfield Forest
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Eric Cohen | MLS # 3337222 | Active
13717 Delstone Drive -- 5 BR, 2.1 BA
Price: $294,000 (2800 sqft)
Subdivision: Villages at Rosedale
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Brian Connolly | MLS # 3361295 | Active
9200 Old Barnette Place -- 3 BR, 2.1 BA
Price: $284,900 (2138 sqft)
Subdivision: Torrence Crossing
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Ryan Wilson | MLS # 3351828 | Active
13807 Hagers Ferry Road -- 7 BR, 6.2 BA
Price: $1,999,500 (7733 sqft)
Subdivision: None
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Keller Williams | MLS # 3335203 | Active
16108 North Point Road -- 5 BR, 6 BA
Price: $1,939,000 (6223 sqft)
Subdivision: Lookout Point
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Ivester Jackson | MLS # 3257659 | 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
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

Listings 1 - 20 of 242   next


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