Charlotte's Real Estate Market Is Still Defying National Trends
Your "Charlotte Fine Homes Team" would like for you to know that Charlotte's Real Estate market is still defying national trends, and now is the time to make your next "move"! While home values are still declining, they are doing so at a much slower rate. That's because Charlotte never experienced the wild growth as seen in other regional markets. The average sales price in Mecklenburg County gradually increased to 8.9% from 2000-2003. From the year 2003 until its peak at $239,757 in 2008, the average sales price increased 24%. Since then, the average sales price decreased 1.8% by year end 2008.
Of reported home sales that closed from April 6, 2009 through May 5, 2009, 48% closed in 121 days or more; 12% closed between 91 and 120 days; 20% closed between 61 and 90 days; and 20% closed in 60 days or fewer. As for the listing and sales prices from April 6, 2009 through May 5, 2009, the average listing price of solds was $228,550. The average sales price was $201,352. Whether you are in the market to Buy, Sell or Relocate to the Charlotte Area, Joy Setzer and Chelci Setzer want to be your REALTOR®! Give us a call today to discuss your future Real Estate needs...




