Charlotte Housing Market
Charlotte NC Housing Monthly Review – May 2017
Lake Norman, North Carolina Real Estate for Sale
- 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 827 next →Price: $650,000 (2331 sqft)
Subdivision: Brightwalk
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Paul Yancey | MLS # 4091787 | Active
Price: $375,000 (2172 sqft)
Subdivision: Hidden Valley
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Meredyth Holdenrid | MLS # 4087985 | Active
Price: $373,500 (1580 sqft)
Subdivision: Belterra
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Tim Queen | MLS # 4117703 | Active
Price: $349,900 (1277 sqft)
Subdivision: Lakewood
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Kirk Sipe | MLS # 4114336 | Active
Price: $319,777 (1529 sqft)
Subdivision: Ravenridge
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Cheryl Powell | MLS # 4131426 | Active
Price: $7,950,000 (7901 sqft)
Subdivision: Quail Hollow
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Premier Sotheby's | MLS # 4097494 | Active
Price: $7,150,000 (9461 sqft)
Subdivision: Eastover
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Dickens Mitchener & | MLS # 4057751 | Active
Price: $7,000,000 (3420 sqft)
Subdivision: Huntington Park
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Dickens Mitchener & | MLS # 4070770 | Active
Price: $6,995,000 (8475 sqft)
Subdivision: Foxcroft
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Allen Tate SouthPark | MLS # 4080453 | Active
Price: $6,500,000 (6328 sqft)
Subdivision: Foxcroft
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Premier Sotheby's | MLS # 4119797 | Active
Price: $6,450,000 (15621 sqft)
Subdivision: The Sanctuary
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Premier Sotheby's | MLS # 3857194 | Active
Price: $6,280,000 (7364 sqft)
Subdivision: Myers Park
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COMPASS | MLS # 4112812 | Active
Price: $5,295,000 (8769 sqft)
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Allen Tate Lake Norman | MLS # 4105055 | Active
Price: $4,995,000 (7308 sqft)
Subdivision: Cramers Pond
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Nestlewood Realty, LLC | MLS # 4098128 | Active
Price: $4,900,000 (7588 sqft)
Subdivision: English Gardens
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Corcoran HM Properties | MLS # 4115490 | Active
Price: $4,875,000 (8174 sqft)
Subdivision: English Gardens
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RE/MAX Executive | MLS # 4090786 | Active
Price: $4,800,000 (11590 sqft)
Subdivision: Evermay
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Corcoran HM Properties | MLS # 4011572 | Active
Price: $4,795,000 (7954 sqft)
Subdivision: Myers Park
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Corcoran HM Properties | MLS # 4106595 | Active
Price: $4,512,142 (6370 sqft)
Subdivision: Highland Forest
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Corcoran HM Properties | MLS # 4118675 | Active
Price: $4,475,000 (6400 sqft)
Subdivision: Myers Park
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Corcoran HM Properties | MLS # 4129352 | Active
Listings 1 - 20 of 827 next →
Huntersville Homes for Sale
– All Active MLS Listings
Huntersville homes
Listings 1 - 20 of 112 next →Price: $4,500,000 (5714 sqft)
Subdivision: Vista Lago
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Kathy Day | MLS # 4085004 | Active
Price: $1,275,000 (5354 sqft)
Subdivision: Olmsted
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Amy Sterner | MLS # 4117895 | Active
Price: $1,039,990 (5401 sqft)
Subdivision: Skybrook
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John Torres | MLS # 4111788 | Active
Price: $984,990 (6094 sqft)
Subdivision: Mirabella
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Alina Lorenzo | MLS # 4114956 | Active
Price: $570,000 (2099 sqft)
Subdivision: Bellington
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Tara Kilgore | MLS # 4126522 | Active
Price: $490,000 (2418 sqft)
Subdivision: Cedarfield
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Jim Krautkremer | MLS # 4099346 | Active
Price: $469,900 (2712 sqft)
Subdivision: Sherwood Park
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Kirk Sipe | MLS # 4094504 | Active
Price: $439,900 (2155 sqft)
Subdivision: Gilead Village
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John Torres | MLS # 4119192 | Active
Price: $419,900 (1653 sqft)
Subdivision: Crown Ridge
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Mary Spillman | MLS # 4127695 | Active
Price: $18,000,000 (12636 sqft)
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Premier Sotheby's | MLS # 4020713 | Active
Price: $3,900,000 (4850 sqft)
Subdivision: Sunset Cove
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Ivester Jackson | MLS # 4096432 | Active
Price: $2,600,000 (6272 sqft)
Subdivision: Belleterre
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Keller Williams | MLS # 4125396 | Active
Price: $2,295,000 (2749 sqft)
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LKN Property Pros LLC | MLS # 4097315 | Active
Price: $1,989,000 (4200 sqft)
Subdivision: Stillwell
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Premier Sotheby's | MLS # 3841402 | Active
Price: $1,857,094 (4729 sqft)
Subdivision: Belleterre
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BSI Builder Services | MLS # 3898262 | Active
Price: $1,750,000 (6013 sqft)
Subdivision: Stillwell
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RE/MAX EXECUTIVE | MLS # 4105824 | Active
Price: $1,600,000 (8205 sqft)
Subdivision: Stillwell
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NextHome World Class | MLS # 4127957 | Active
Price: $1,545,000 (4200 sqft)
Subdivision: Hollins Grove
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Realty ONE Group | MLS # 4113056 | Active
Price: $1,534,168 (3384 sqft)
Subdivision: North Haven
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Allen Tate Lake Norman | MLS # 4028542 | Active
Price: $1,531,243 (6373 sqft)
Subdivision: Olmsted
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Pulte Home Corporation | MLS # 4126439 | Active
Listings 1 - 20 of 112 next →
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