Dilworth Experiences Double-Digit growth in the Charlotte residential real estate market!
An article from the Charlotte Business Journal shows continuous double-digit growth in the Charlotte residential real estate market. According to the Charlotte Regional Realtors Association, closings increased by 23.4% in December as compared to the same time last year. The growth was not only contained to the month of December either– October 2012 and November 2012 showed a 36.8% growth rate and 35% growth rate respectively. In fact, the past 11 straight months have shown positive returns and the association president, Eric Locher, seems to think our housing market is in recovery, “Charlotte’s housing market has shown steady signs of improvement over most of 2012 and could be called the year our local recovery started. With some of the uncertainty on the federal level temporarily averted, we’re hopeful these trends will continue through what is generally considered a slower selling season.”
Not only have our closings improved, but so has the average sales price. The average sales price in December 2011 was $190,656, however the December 2012 was showing a 7.9% increase in the average sales price, putting it at $205,537. A more accurate indicator of trends over time, the median sales price, has also increased by 2.5%.
And even more good news is that the average amount of time from listing to closing has decreased by two days, now reflecting an average of 156 days.
As chronicled in our previous Dilworth post, overall home inventory continues to fall. This past year we had an astonishing 27.7% decrease in the amount of inventory available, leaving our region with about a five month supply of homes– Dilworth, however, has less than three months of inventory available.
Check out the Charlotte Business Journal to see the article in its entirety, and take a look below at the homes for sale in Dilworth:
Dilworth homes for sale
Dilworth Homes
Listings 1 - 9 of 9
2014 New Hope Road, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 3 BA, 1853 sqft
Savvy + Co Real Estate | MLS # 4203489 | Contract
1509 Ideal Way, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 4.1 BA, 3815 sqft
Dickens Mitchener & | MLS # 4193072 | Active
601 Berkeley Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 3.1 BA, 3106 sqft
Corcoran HM Properties | MLS # 4189091 | Contract
2020 Lyndhurst Avenue, Charlotte, NC 28203
Subdivision: Dilworth
5 BR, 3 BA, 2876 sqft
SERHANT | MLS # 4201873 | Contract
720 E Park Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 2.1 BA, 2050 sqft
Nestlewood Realty, LLC | MLS # 4202399 | Active
1619 Scott Avenue, Charlotte, NC 28203
Subdivision: Dilworth
4 BR, 4 BA, 3055 sqft
Mark Spain Real Estate | MLS # 4196202 | Contract
2005 Cleveland Avenue, Charlotte, NC 28203
Subdivision: Dilworth
2 BR, 1 BA, 1108 sqft
Will Lovelett | MLS # 4200600 | Active
2111 Floral Avenue, Charlotte, NC 28203
Subdivision: Dilworth
3 BR, 1 BA, 1144 sqft
Mackey Realty LLC | MLS # 4196593 | Active
2012 Scott Avenue, Charlotte, NC 28203
Subdivision: Dilworth
2 BR, 2 BA, 1004 sqft
Dickens Mitchener & | MLS # 4188301 | Contract
Listings 1 - 9 of 9
Read More: http://www.dilworthcharlotte.com/charlottes-real-estate-market-shows-double-digit-growth/
