August 2014 Neighborhood Market Update – Weddington
Unlike most of Charlotte, which shows several signs of being a Seller’s Market, Weddington shows more signs of being a Buyer’s Market – high inventory as compared to previous months/years, lower closed...
View ArticleAugust 2014 Neighborhood Market Update – University Area
There were 135 closed sales in August 2014 in the University area, 125 of which were resale properties and 10 were new construction. 83.7% of these sales were for single family homes and most of these...
View ArticleAugust 2014 Neighborhood Market Update – Huntersville, NC
There were 153 new listings on the market in Huntersville, NC, in August 2014. Of the 143 closed sales for this month, 124 were for resale properties and 19 were new construction. 95% of all closed...
View ArticleAugust 2014 Neighborhood Market Update – Cornelius & Davidson
Cornelius and Davidson are next-door neighbors on the shores of Lake Norman, but two very different real estate markets. For August 2014, Cornelius had 89 closed sales – 80 were resale properties and...
View ArticleAugust 2014 Neighborhood Market Update – Charlotte Luxury Homes
In Charlotte NC, a luxury home is defined as one that is listed for sale for $500,000 or greater. Of the 174 new luxury homes added to the market in August 2014, 2 were short sales and 1 was a...
View ArticleSeptember 2014 Neighborhood Market Update – Charlotte, NC
Of the 1104 closed sales in September 2014, 89.9% were resales and 10.1% were for new construction. Most of the resales were for 3 bedroom single family homes (52%) while most condominiums/townhomes...
View ArticleSeptember 2014 Neighborhood Market Update – Southpark
Most Charlotte neighborhoods are clearly recognizable and easily definable on a map. Uptown Charlotte is one example: it’s defined by its Wards (1st, 2nd, 3rd, and 4th) and within the bounds of I-277....
View ArticleSeptember 2014 Neighborhood Market Update – Uptown Charlotte
There were 32 closed sales in Uptown Charlotte in September 2014. 93.8% of these closed sales were resale properties; 6.2% were new construction. 31 of the 32 closed sales were for...
View ArticleSeptember 2014 Neighborhood Market Update – Dilworth
There were 19 closed sales in September 2104 in Dilworth, split fairly evenly between single family homes (47.4%) and condominiums/townhomes (52.6%). Most (94.7%) sales were for resale properties....
View ArticleSeptember 2014 Neighborhood Market Report – Myers Park
There were 22 closed sales in Myers Park in September. 90.9% of those sales were for resale properties while 9.1% were new construction. 15 of these closed sales were for single family homes; 7 were...
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...
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 – 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 – 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 – 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 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 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 – 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 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 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 Article
