Huntersville, NC

There's a section in Charlotte, often referenced as North Meck. (Mecklenburg is the county that Charlotte resides in.) "North Meck" is simply an area which consists of three towns; Huntersville, Cornelius and Davidson...they are roughly 20-30 minutes from center city Charlotte.

Huntersville:

Huntersville, is the largest and best known of the three, also the closest one to Charlotte. Cornelius and Davidson are both within about three miles of Huntersville.

Combined these three towns offer an ample supply of fun things to do; concerts, festivals, dining and shopping, to include restaurants like Midtown Sundries and the Rusty Rudder that give you access to food and entertainment via boat or car.

Parks in the area include Blythe's Landing, Jetton Park and Ramsey Creek Park. Huntersville also has a new family fitness center with a masterfully planned outdoor water fun park.

All three towns are served by the Charlotte-Mecklenburg School System. The school selection in North Meck tend to be some of the systems top scorers! Schools include North Mecklenburg High School and Hopewell High School. and for North Meck's Middle Schools; Alexander Middle ; Bradley Middle ; Bailey Middle School .

Cornelius:

Cornelius is located at the southernmost tip of Lake Norman. It used to be Charlotteans weekend retreat; its shores dotted with tin-roofed boathouses, mobile homes and fishing cabins.

In days gone by, this was one of the most popular weekend destinations, and was no more than a bunch of small trailers located on the southern tip of Lake Norman...the local folks summer fish camps... a short weekend get away.

That old fishing camp is now home to the Peninsula Yacht Club. Times have changed!

Some of our finest homes and premier living can be found throughout the The Peninsula Country Club. Here your home can overlook the golf course and the lake! Homes range from about $600,000 to over $3,000,000.

Cornelius offers a tremendous amount of little shops and great eateries. It's a more pricey than Huntersville, as is dictated by most water communities, and it is also further north from Charlotte, than Huntersville is.

Davidson:

Davidson city fathers have offered resistance to the many developers out there. Hence, you will find a little less to choose from in the way of housing. Home to Davidson Business College, this quaint little town is also home to some beautiful horse farms, and some gorgeous golf courses, like the River Run Country Club.

Davidson is a little more pricey than Huntersville, as it has strict zoning, making it less developed than Cornelius and Huntersville. It's excellent schools include Davidson Elementary and Davidson Middle School.

Charlotte North Carolina Market Update for:

Single Family Homes in Mecklenburg County North Carolina Area 1 including:

Charlotte, Cornelius, Davidson, and Huntersville Neighborhoods East of I-77, North of N. Tryon Street, West of Cabarrus County, and South of Iredell County including the neighborhoods of Highland Creek, Vermillion, Heritage Green, River Run, Skybrook, Northstone, Cambridge Grove, and others.

Map of all the neighborhoods covered in Area 1

Data gathered for September 1 - September 30, 2009

New Listings

In September, 347 new single family detached homes were added to the inventory of available listings in north Charlotte. While September's new inventory were up 7.76% when compared to 2008 year over year, this September's new inventory was the second lowest since prior to 2005.

Pending Listings

159 homes were placed under contract in the month of September in north Charlotte, down 5.36% from 2008 and 38.37% from 2005.

Sold Listings

141 sellers found their way to the closing table during September, an 11.02% increase over August but a 4.73% decline over 2008 and a 37.89% over 2007.

Average Sold Price

The average sold price for single family detached homes in north Charlotte (area 1) during the month of September fell to $166,402, a decline of 28.07% over last September and the lowest average sales price in over 48 straight months.

Days on Market

Fewer sales during 2009 led to an increase in the average days on market for the homes that sold during September. Sellers were on the market for 101 days before receiving a contract, a 17.44% increase over the year prior and a 98% increase over 2006.

Seller Concessions

In 55% of the sales that closed during the month of September, the seller offered the buyer a concession averaging $4109. A seller concession can be anything from paying lender’s fees, HOA fees in advance, taxes, insurance, or even a country club membership. By comparison, only three of the homes that closed in September offered an agent bonus.

Buyer Financing

Of the 141 closings in northeast Charlotte in September, 48 used conventional financing, 64 FHA, and 22 paid cash, 6 used VA financing, and 3 utilized “other” forms of financing.

Tax Value as compared to Sold Price

76 of the sales that closed in north Charlotte (area 1) during the month of September closed either at or below the assessed tax value. Only 53 closed above the assessed tax value, averaging 98.55% for all of the closed sales during September. Only 12 out of the 141 closed homes did not have a tax value associated with their listing.

Original Listing Price to Sold Price

Sellers received 92.09% of their original asking price at closing. When the seller concessions are figured into the equation, the amount received was 90.75% of their original asking price. Sellers that received a contract in less than 99 days received 95.08% of their original asking price, while homes that sold between 100-180 days received only 87.47%. The 23 homes that sold in over 180 days only received 86% of their original asking price (84.21% with concessions).

Charlotte NC Real Estate

The Corkscrew Wine Bar located in the Birkdale Village, Huntersville, NC is a great meeting place for a casual night out.

Birkdale Villageis a 323,549 square foot lifestyle center located in Huntersville, North Carolina. The shopping center is located 15 miles north of downtown Charlotte on the Sam Furr Road exit off of I-77 and is centrally positioned in the most affluent corridor of North Charlotte in proximity to Lake Norman. In addition to retail mix, Birkdale Village also consists of 320 luxury apartments, as well as 55,000 square feet of office space.

When my wife and I, are looking for a casual night out we always turn to The Corkscrew in Birkdale Village. The atmosphere is comfortable and the wine selection is great.

We love to sit outside and people watch, but the seating area inside with leather couches is very inviting. The live band is amplified just enough to carry on conversations without yelling into someones ear.

Birkdale Village is a planned development that has mastered the right formula for a successful mix of retail and residential properties. Whenever, I want to impress my friends or family or clients looking to move to the area I make it a point to visit Birkdale Village.

To view poperties in Birkdale Village click here

If you plan on buying a new home in Olmsted or anywhere else in Huntersville NC,

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View Huntersville Homes for Sale
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The Community of Olmsted is located in Mecklenburg County, Huntersville NC.

Community Features:
Lake
Club House
Playground
Pool

The Real Estate Brokers printed on your REBATE Coupon will give their clients an additional 1% Cash Back. Coupons are valid in all of North and South Carolina in addition to Charlotte Homes for Sale.

While you are out searching for your new home and spending time in the Olmsted Huntersville, NC area, you may want to visit some local area attractions like: Max Howard Sculpture Studio ( 0.3 mi), Lanart ( 1.3 mi), Culture Connection Art ( 2.5 mi), LAKE NORMAN ART LEAGUE GALLERY ( 5.5 mi), Fine Art Impressions LLC ( 5.7 mi), Latta Plantation Nature Preservation ( 5.7 mi), So Alive ( 5.8 mi), Art By Andrea ( 6.1 mi), Air Brush Art ( 8.8 mi), North Carolina Tourist Guide ( 9.1 mi), and enjoy all that Huntersville, NC has to offer.

If you are relocating to Huntersville NC, you will have plenty of Huntersville NC homes for sale to check out and see.The Huntersville NC area is a great place to live. Plenty of Huntersville NC homes for sale are available today. Buying a house is a huge decision, make sure that you seek the advise of professionals. There are many reasons why people are buying homes now. It is tough to flip houses for a profit these days so be patient. In addition to appreciation, rental properties can be a steady source of income. The majority of people buy a home as a primary residence.

A real estate professional can provide information on the different areas. Living close to work has high importance to most people. Short commute times and distance to work, play an important roll in the location for your new home. I don't think gas prices will be coming down, so make sure you factor in the cost of travel when selecting a location. Interstate-485, Interstate-85 and Interstate-77 make getting around quick and easy.

Compared to renting a home or apartment, owning your own property has several advantages. Pride in ownership is a huge advantage over renting and impacts the property values in your neighborhood. Property values tend to do better when home owners take good care of their homes and property. The home mortgage interest deduction is a huge write-off for most people.

There are many advantages of owning a new home. You should expect lower maintenance costs since everything is brand new. You get peace of mind since most builders offer warranties. You should lower your energy bills since new homes are built to higher energy standards than old homes. Brand new homes are about seven hundered square feet larger than homes built just 20 years ago. Newer homes are much safer with better HVAC systems and, built-in smoke and carbon dioxide detectors

You will never be bored in Charlotte, there is plenty of things to do and see. The Livine Museum of the New South showcases a history of southern society from post civil war to present. The Charlotte Observer Imax Dome puts you inside the movies with the largest screen in the Carolinas. Do you have a need for speed? Get behind the wheel at Richard Petty Driving Experience and put the pedal to the metal.Plug your ears, Charlotte now has Drag Racing at the ZMAX Drag strip. The area is great for outdoorsman. Lake Wiley has lots of public access to picnic or launch your boat.

Buying a home is one of your biggest financial decisions you will have to make. Licensed real estate professionals can guide you through the home buying process. Everyones financial situation is different. A skilled agent can refer you to lenders that are best qualified to help you. Check for easements or other limitations on the property you want to purchase. Before you start looking at homes, make an appointment with a buyer's agent that can help you all the way through closing.

Find Huntersville NC Homes for Sale
Print Your Cash Back Coupon and SAVE $$$

* Cash back coupons are a Buyer Agent incentive and not a promotion of the builder.
** Verify school information independently before purchasing.

Chico's Mexican Grill located in Huntersville North Carolina is a great place to take your family for authentic Mexican food.

I have to admit that I was not the biggest fan of Mexican food but my wife Suzanne and triplet boys love it. So she introduced me to this quaint restaurant off the beaten path in Huntersville NC that I have come to really like.

The atmosphere is nice with a couple of flat screen TVs just in case I need to watch the end of the football game. Service is outstanding and very accommodating, especially when I bring the boys.

If you are tired of going to Chain restaurants please do not overlook this place. You will not be disappointed!

Click here to visit their website and menu.

PS By the way kids eat free on Saturday!

Mike Carpino
Mike@LakeAndTown.com
704 301-9264