Real Estate News and Advice
November 12, 2009



Search Realty Times
 





Today's Insider REALTOR Secret



Let Webcast City webcast your message.





NEED HELP?

Click for Live Support


Call: 214-353-6980



  CONDITIONS™
By Local Real Estate Experts  


Market Conditions
Reported by Ann Marie Burke


Charlotte, North Carolina
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->

Cotswold, North Carolina
as of 10/2/2009:
During the first half of 2009 in this neighborhood sales were averaging 4-5 per month, and they have picked up to 9 a month. Overall inventory of active listings in this area is still high relative to the sales per month at 140 active listings. The... MORE->

Dilworth, North Carolina
as of 10/2/2009:
Dilworth's active listing inventory is at 82 single family homes. For the first half of the year there were an average of 3-4 homes sold per month, and during the last 4 months the average has been 6 homes sold. The price per square foot sold this... MORE->

Elizabeth, North Carolina
as of 10/2/2009:
Chantilly has 27 active listings and has had about 2 sales to close per month throughout this year. The average price per square foot sold in recent months has been $173, which is down considerably from a high of $200. Midwood inventory is at 117... MORE->

Myers Park, North Carolina
as of 10/2/2009:
The number of homes closing in Myers Park in the first half of 2009 were on average 4 per month, but in the last few months that number has been 7 on average. The price per square foot sold has improved to $240 per sq ft. There are 174 homes on the... MORE->

Sedgefield, North Carolina
as of 11/2/2009:
Sedgefield is not a big area. Inventory has increased to 24 homes on the market at present. About two homes a month have been closing in this area. The price per square foot sold was as high as $224 in the fall, but is now at... MORE->

Southeast Charlotte, North Carolina
as of 10/2/2009:
Closings in Southeast Charlotte are holding at a little over 200 per month. Not much change there.The price per square foot sold has ticked up a little in the last 4 months from $117 to $125. There is a 9 month supply of homes on the market given... MORE->

Southwest Charlotte, North Carolina
as of 10/2/2009:
This part of the county continues to fare better than the area as a whole, partly because the homes are more reasonably priced, which is what is selling. There are 396 active listings in the southwest part of the county. The average number of homes... MORE->

South Charlotte, North Carolina
as of 10/2/2009:
The south Charlotte condo/townhome inventory total has not changed much and is at 1365 total active units. The number of units closed per month has gone up a little in the last four months, and is now at an average of 106 closing per month. The... MORE->

Uptown Charlotte, North Carolina
as of 10/2/2009:
It has been in the news lately that several of the planned uptown condo towers are on hold in light of the recent downturns in the market. Of 20 projects that were planned, only 8 have actually started. There were 313 units listed for sale in MLS,... MORE->


For More Information:

Navigate: Top > North Carolina > Charlotte


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

Agents: Click here to share your opinions about this or another area.




Real Estate News Network

You must enable Javascript to view the Video content and Navigation on this site.





Mortgage Rates
30 Year Fixed: 4.98%
15 Year Fixed: 4.40%
1 Year Adj: 4.47%
(U.S. Weekly Averages)

Today's Headlines

Today's Insider REALTOR Secret




Agent Publicity | Local Market Conditions | About Realty Times | Article Index | Terms & Conditions | Privacy | Contact Us

Copyright © 2009 Realty Times®. All Rights Reserved.