Search Charlotte Neighborhoods - DILWORTH - Market Report 09/13/2010

Search Charlotte Neighborhoods - DILWORTH - Market Report 09/13/2010

Dilworth, one of the most historical neighborhoods in Charlotte was known the "streetcar suburb," built around Uptown to accommodate trolley commuting. Other 'suburb' areas of Charlotte that were formed along the streetcar lines, extending out from the city, include Elizabeth, Myers Park and Plaza Midwood.

Sitting just outside the city limits, the area known as Dilworth became home to a showplace residence built by streetcar owner, Edward Dilworth Latta. His home, built in 1891 was the showplace of turn-of-the-century Charlotte, an expansive mansion surrounded by inviting bungalows and was in what was considered Charlotte's first "suburban" development.

Dilworth is a true ‘neighborhood' with front porches leading to traditional sidewalks, leading to eclectic shops, offices, and restaurants, all within walking distance. One gets a true sense of community when simply driving through Dilworth.

How has Dilworth been faring in the real estate market? There has been very little change in the Dilworth market as reflected below. The list to sales price is maintaining at about 94% and the sales prices are stable. There is nearly a one-year supply on the market but, again homes are moving in this popular, historic community.