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November 21, 2008
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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.

Top > North Carolina > Charlotte > South Charlotte


Market Conditions Summary for South Charlotte in Charlotte, North Carolina


Reported by

Joye Baucom, CRS, GRI, ABR, e-PRO
as of 11/21/2008:
Approximately 380 homes closed during the third quarter of 2008, (not including properties not listed in MLS). Sales prices ranged from $114,500 to $2,685,000 with an average square footage of 2,874. Many renovations are occuring throughout Area 5... MORE->
About Joye Baucom, CRS, GRI, ABR, e-PRO

Reported by

Ann Marie Burke
as of 11/17/2008:
The south Charlotte condo/townhome inventory in is now at 1214 units. The number of units closing per month is down considerably to 107 per month. The price per square foot sold down as well to $139 per square foot. This reflects the fact that... MORE->
About Ann Marie Burke

Reported by

Gene Fadeley
as of 8/11/2008:
It is unbelievable how the Charlotte area real estate sales have remain so strong while so much of the nation is struggling. Charlotte sales remain good and the demand for housing, allowing for seasonal adjustment, continues to be... MORE->
About Gene Fadeley


Average Current Market Rating: 2.3    (3 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 3    (3 ratings)




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Falling

Rising

Navigate: Top > North Carolina > Charlotte > South 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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Mortgage Rates
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1 Year Adj: 5.29%
(U.S. Weekly Averages)

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