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 1324   next

9235 Sweetleaf Place -- 6 BR, 8.3 BA
Price: $6,200,000 (15621 sqft)
Subdivision: The Sanctuary
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Michael Toste | MLS # 3422830 | Active
3529 Mountain Cove Drive -- 5 BR, 3.1 BA
Price: $629,000 (3874 sqft)
Subdivision: Overlook
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Mary Beth Thomas | MLS # 3368550 | Active
512 Olmsted Park Place -- 3 BR, 2.1 BA
Price: $580,000 (1648 sqft)
Subdivision: Dilworth
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Joyce Page | MLS # 3423905 | Active
5700 Wadebridge Cove -- 3 BR, 2 BA
Price: $354,900 (1882 sqft)
Subdivision: Spring Valley
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Jerry OKeefe | MLS # 3428173 | Active
2437 Orofino Court -- 5 BR, 3 BA
Price: $350,000 (3506 sqft)
Subdivision: Highland Creek
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Kathy Hanson | MLS # 3411620 | Active
1717 Turning Leaf Court -- 4 BR, 2.1 BA
Price: $340,000 (3216 sqft)
Subdivision: Claybrooke
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Buckley Nguyen | MLS # 3420057 | Active
1940 Tyvola Road -- 3 BR, 2 BA
Price: $309,900 (1360 sqft)
Subdivision: Madison Park
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Brian Barefoot | MLS # 3405374 | Active
2210 Baggins Lane -- 5 BR, 3 BA
Price: $309,000 (2668 sqft)
Subdivision: Highland Creek
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Edward Steve Perri | MLS # 3408941 | Active
9227 Mitchell Glen Drive -- 4 BR, 2.1 BA
Price: $305,000 (2456 sqft)
Subdivision: Mitchell Glen
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Leary Fredericks | MLS # 3432575 | Active
6501 Sardis Road -- 6 BR, 6.1 BA
Price: $7,000,000 (10559 sqft)
Subdivision: None
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Builders Realty LLC | MLS # 3368653 | 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: $4,950,000 (10800 sqft)
Subdivision: Pellyn Wood
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Ivester Jackson | MLS # 3254980 | Active
600 Hermitage Road -- 6 BR, 8.1 BA
Price: $4,500,000 (7149 sqft)
Subdivision: Myers Park
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Dickens Mitchener & | MLS # 3420702 | Active
8413 Eagle Glen -- 5 BR, 5.3 BA
Price: $4,500,000 (8288 sqft)
Subdivision: Seven Eagles
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HM Properties | MLS # 3377821 | Active
7517 Morrocroft Farms Lane -- 7 BR, 8.1 BA
Price: $4,495,000 (8190 sqft)
Subdivision: Morrocroft Estates
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Reside Realty LLC | MLS # 3434215 | 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
2500 Red Fox Trail -- 6 BR, 7.2 BA
Price: $3,995,000 (9031 sqft)
Subdivision: Foxcroft
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HM Properties | MLS # 3430827 | Active
16460 Marvin Road -- 5 BR, 7.2 BA
Price: $3,950,000 (11500 sqft)
Subdivision: Evermay
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Peters & Associates | MLS # 3271830 | Active
1516 Princeton Avenue -- 6 BR, 6.2 BA
Price: $3,500,000 (6390 sqft)
Subdivision: Myers Park
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Helen Adams Realty | MLS # 3428493 | 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

Listings 1 - 20 of 1324   next

Huntersville Homes for Sale

All Active MLS Listings

Huntersville homes

Listings 1 - 20 of 271   next

11026 Asbury Chapel Road -- 5 BR, 5.1 BA
Price: $825,000 (5336 sqft)
Subdivision: None
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Holly MacFalls | MLS # 3434697 | Active
10612 Devonshire Drive -- 4 BR, 3.1 BA
Price: $557,000 (4227 sqft)
Subdivision: Birkdale
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Linda Singer | MLS # 3369094 | Active
10814 Vanguard Parkway -- 5 BR, 4 BA
Price: $479,900 (3669 sqft)
Subdivision: Vermillion
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Cynthia Team | MLS # 3431024 | Active
9700 Van Stratten Court -- 4 BR, 2.1 BA
Price: $444,500 (2951 sqft)
Subdivision: The Hamptons
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Jolene Handysides | MLS # 3407862 | Active
15805 Cordelia Oaks Lane -- 4 BR, 2.1 BA
Price: $429,500 (2777 sqft)
Subdivision: Birkdale
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Helen Hobbs | MLS # 3424727 | Active
8316 Bramfield Drive -- 3 BR, 2.1 BA
Price: $415,000 (2633 sqft)
Subdivision: Beckett
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Kathy Hanson | MLS # 3405518 | Active
16726 Spruell Street -- 5 BR, 3.1 BA
Price: $389,000 (3485 sqft)
Subdivision: Monteith Park
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Katherine Hansen | MLS # 3395957 | Active
15118 Rangeworth Court -- 4 BR, 2.1 BA
Price: $359,900 (2912 sqft)
Subdivision: Wynfield
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Mary Spillman | MLS # 3434840 | Active
13301 Fremington Road -- 5 BR, 3.1 BA
Price: $359,900 (2800 sqft)
Subdivision: Northstone
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Pepper Stanford | MLS # 3414529 | Active
17024 Cambridge Grove Drive -- 5 BR, 3.1 BA
Price: $359,000 (3358 sqft)
Subdivision: Cambridge Grove
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Stacy Borland | MLS # 3424403 | Active
9424 Harlow Creek Road -- 4 BR, 2.1 BA
Price: $296,000 (2101 sqft)
Subdivision: Cedarfield
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Kris Gallagher | MLS # 3436515 | Active
15816 Kelly Park Circle -- 3 BR, 2.1 BA
Price: $275,000 (1659 sqft)
Subdivision: Birkdale
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Ryan Minges | MLS # 3416815 | Active
8817 Shields Drive -- 3 BR, 1.1 BA
Price: $230,000 (1344 sqft)
Subdivision: Westminster
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Erin Boyd | MLS # 3426540 | Active
7934 Bud Henderson Road -- 3 BR, 2 BA
Price: $205,000 (1642 sqft)
Subdivision: Gilead Village
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Ryan Wilson | MLS # 3434508 | Active
12218 Old Statesville Road -- 4 BR, 3 BA
Price: $3,750,000 (2785 sqft)
Subdivision: None
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Allen Tate Lake Norman | MLS # 3370120 | Active
14900 Henry Harrison Stillwell Drive -- 6 BR, 7.1 BA
Price: $2,390,000 (11198 sqft)
Subdivision: Stillwell
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Heinz II | MLS # 3402770 | Active
15005 Ramah Church Road -- 4 BR, 3.1 BA
Price: $1,875,000 (5278 sqft)
Subdivision: Meadowbrook Farms
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Augusta Realty | MLS # 3381783 | Active
16108 N Point Road -- 6 BR, 6 BA
Price: $1,849,500 (6223 sqft)
Subdivision: Lookout Point
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Carolina Realty | MLS # 3370865 | Active
16205 Leeward Lane -- 6 BR, 4.1 BA
Price: $1,775,000 (6151 sqft)
Subdivision: None
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Allen Tate Lake Norman | MLS # 3416246 | Active
16114 Henry Lane -- 5 BR, 3.1 BA
Price: $1,295,000 (5268 sqft)
Subdivision: None
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Keller Williams Lake | MLS # 3392906 | Active

Listings 1 - 20 of 271   next


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