October 2014 Neighborhood Market Update – University Area
The University area had 25 closings in October 2014. 24 of these sales were for resale properties and two were for new construction. 92% of the closed sales were for single-family homes, and of these...
View ArticleOctober 2014 Neighborhood Market Update – Cornelius
Cornelius, NC (like Dilworth) had a strong month for condominium/townhome sales in October 2014. 37% of the 73 closed sales in October were for condos/townhomes while 86.3% were for single-family...
View ArticleOctober 2014 Neighborhood Market Update – Davidson
Davidson, NC had 34 closed sales in October 2014, 26 of which were for resale properties and eight for new construction. 82.4% of October’s sales were for single-family homes. Of these closed sales,...
View ArticleOctober 2014 Neighborhood Market Update – Huntersville
There were 112 closed sales in Huntersville, NC in October 2014. 90 of these sales were for resale properties while 22 were new construction. 95.5% of these closed sales were for single-family homes...
View ArticleOctober 2014 Neighborhood Market Update – Waxhaw
Waxhaw, NC had 79 closed sales in October 2014, 77 of which were for single-family homes. Of these closed sales, most were for four bedroom (32.5%) and five+ bedroom (41.6%) homes. There were 91 new...
View ArticleOctober 2014 Neighborhood Market Update – Weddington
October was a quiet month for real estate in Weddington. There were five closed sales in October 2014, down 70.6% from closed sales in Weddington in October 2013. All of the sales were for three...
View ArticleOctober 2014 Neighborhood Market Update – Matthews
Matthews, NC had 83 closed sales in October, down 11.7% from September’s closing numbers but up 12.2% when compared to closings in October 2013. Of these closed sales, 79 were for single-family homes,...
View ArticleOctober 2014 Neighborhood Market Update – Ballantyne Area
There were 119 closed sales in the Ballantyne area of south Charlotte in October 2014, down 6.3% from the same time in 2013 and down 10.5% from September. 64.7% of these closed sales were for...
View ArticleOctober 2014 Neighborhood Market Update – Uptown
There were 15 closed sales in Uptown Charlotte in October 2014, down 25% from the same time last year. 14 of these closed sales were resale properties; only one was for new construction. Most of the...
View ArticleOctober 2014 Neighborhood Market Update – Dilworth
The real estate market in the Dilworth neighborhood was all about condominium sales in October 2014. There were 15 closed sales in October 2014 in Dilworth, 12 of which (80%) were for...
View ArticleOctober 2014 Neighborhood Market Update – Myers Park
There were 14 closed sales in Myers Park in October 2014. Twelve of those sales were for resale properties while two were for new construction. Eight of these closed sales were for single-family...
View ArticleOctober 2014 Neighborhood Market Update – Charlotte, NC
Charlotte remains one of the nation’s more affordable housing markets with October 2014’s median sales price of a single-family home and/or condominium/townhome at $175,000, an increase of 3.9% from...
View ArticleSeptember 2014 Neighborhood Market Update – Luxury Market
In Charlotte NC, a luxury home is defined as one that is listed for sale for $500,000 or greater. Of the 75 closed sales in September 2014, only 2 were foreclosures. 92% of these closed luxury sales...
View ArticleSeptember 2014 Neighborhood Market Update – Huntersville
There were 134 closed sales in Huntersville in September 2014, and 113 of these sales were for resale properties (21 were new construction). 91% of these close sales were for single-family homes with 3...
View ArticleSeptember 2014 Neighborhood Market Update – Cornelius & Davidson
Analyzing the market reports for Cornelius and Davidson is always interesting. Here you have two adjacent towns on Lake Norman: Cornelius with a (2013) population of 26,898 and Davidson with a (2013)...
View ArticleSeptember 2014 Neighborhood Market Report – University Area
The University area had 131 closings in September 2014. 84.7% of these sales were for resale properties and 15.3% were for new construction. 121 of the closed sales were for single family homes, and...
View ArticleSeptember 2014 Neighborhood Market Report – Matthews
Matthews posted 110 new listings in September 2014. December 2013 through April 2014 showed a steady increase of new listings in Matthews; since then, the number of new listings in Matthews has slowly...
View ArticleSeptember 2014 Neighborhood Market Report – Waxhaw
Waxhaw had 100 closed sales in September 2014, 98 of which were for single family homes. Of these closed sales, most were for 4 bedroom (38.8%) and 5+ bedroom (40.8%) homes. There were 86 new...
View ArticleSeptember 2014 Neighborhood Market Report – Weddington
There were 10 closed sales in Weddington in September 2014, and 13 new listings. All of the sales were for 4 and 5+ bedroom single family homes. The median sales price was $558,078, down 14% from...
View ArticleSeptember 2014 Neighborhood Market Report – Ballantyne Area
There were 133 closed sales in the Ballantyne area of south Charlotte in September 2014. Almost 62% of these closed sales were for single family homes while the remaining 38.3% were for...
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