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November 21, 2009
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.


Market Conditions Summary for Charlotte, North Carolina


Reported by

Daniel Calkins
as of 11/20/2009:
753 homes sold in August with sales prices that were 96.17% of asking price. The average sales price was $240,871. The typical home stayed on the market for 84 days with an average price per s/f of $115.75. We will continue to see growth as more... MORE->
About Daniel Calkins

Reported by

MARY SEIFRIED, GRI, ABR, ePRO
as of 11/20/2009:
The current condition is a strong Buyers market. For the most current information call Mary at 704 252-3404 or 704 883-0844. Download Mary's new "CHARLOTTE REAL ESTATE" Application on iTunes to learn more and find your dream home on the go. New GPS... MORE->
About MARY SEIFRIED, GRI, ABR, ePRO

Reported by

Mary Bann
as of 11/19/2009:
It's a great time to be a buyer!!! Interest rates are very low and homes in Charlotte are more affordable than ever! Don't miss out on this great time to buy the home of your dreams!!! If you are currently considering buying or selling your... MORE->

Reported by

Debbie Sloan
as of 11/18/2009:
Call Debbie Sloan, 704-658-6068, to get the scoop on the local real estate market. To get a FREE market report sent direct to your email, copy and paste this link in your web browser http://www.ncmarketreport.info/ In its efforts to... MORE->
About Debbie Sloan

Reported by

Rich Ferretti
as of 11/12/2009:
CHARLOTTE is experiencing a buyers market with prices trending downward. Average prices of existing homes range from 180k and 240K Feel free to contact me anytime @ (704)... MORE->
About Rich Ferretti

Reported by

Lisa Kosis & Ken Bloch
as of 11/12/2009:
Charlotte and the surrounding areas are a wonderful place to live. Close to the mountains and beaches it makes it a very desirable area. Our lakes and towns make a bold statement of the lifestyle that you would want to live. Since April... MORE->
About Lisa Kosis & Ken Bloch

Reported by

Bill Selby
as of 11/11/2009:
Charlotte is a very desirable place to live, work, and play. The weather changes with each season but not too much change! The afordability of a home is now the LOWEST it has been in many years. First time home buyers now can get a $8,000 tax credit... MORE->
About Bill Selby

Reported by

Julie Tuggle
as of 11/10/2009:
Oct '09: According to the Charlotte Regional Realtor Association statistics, the average home sales price for may was $196,204. The average sales price was down by 10.5% over the same period last year. October sales totaled 2,210 out of... MORE->
About Julie Tuggle

Reported by

Deanna Slep
as of 11/10/2009:
Nearly half of all homes being sold in the Charlotte real estate market today are distress situations, i.e., short sale, foreclosure, corporate relocation or the such. Another large segment of the market that seems to be selling well are new... MORE->
About Deanna Slep

Reported by

Suzanne Roxburgh
as of 10/17/2009:
In the 3rd quarter of 2009 the number of sales increased by over 21% and the average sales price was back up to $200,151. Days on the market remained the same at 91, but the number of listings increased by 7%. What a great time to buy....for... MORE->
About Suzanne Roxburgh

Reported by

Ann Marie Burke
as of 10/2/2009:
Things have improved somewhat in the last several months. Homes sales have been averaging about 800 per month, whereas for the first half of the year it was more about 600 per month. With 6,831 homes on the market, there is about an 8 1/2 month... MORE->
About Ann Marie Burke

Reported by

Joye Baucom, CRS, GRI, ABR, e-PRO
as of 8/24/2009:
Homeowners are leaving the north because of cold winters, high taxes, the economy, etc., while others are leaving Florida and surrounding areas because of the hurricanes. We are simply getting families from all areas of the country because they have... MORE->
About Joye Baucom, CRS, GRI, ABR, e-PRO

Reported by

Kerry Beach
as of 8/16/2009:
For Charlotte, North Carolina and Mecklenburg County, the average sales price in June (see note below) for single-family homes was $243,218, and for condos/town homes was $174,765. Contact us at 704-995-4932 for detailed information on residential,... MORE->
About Kerry Beach


Average Current Market Rating: 1.7    (13 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.3    (13 ratings)




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Falling

Rising

Navigate: Top > North Carolina > Charlotte
Ballantyne - Blakeney - Cotswold - Dilworth - Elizabeth - Myers Park - Providence Plantation - Sedgefield - South Charlotte - Southeast Charlotte - Southwest Charlotte - Uptown Charlotte


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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