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Charlotte, NC

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February 2012 Market Activity For Charlotte, NC and the Surrounding Counties

03-13-12
Evelyn McCorkle Search Charlotte NC Real Estate University Area
Evelyn McCorkle Search Charlotte NC Real Estate University Area: Real Estate Agent in Charlotte, NC
  • view my blog
  • Office: (cal) lmy-cell
  • Mobile: (704) 957-3558

Daylight Savings Time Is Here and Its Beginning To Look Like Spring all over the Charlotte Area!!

Daffodils


Market Activity for Charlotte NC and the Surrounding Counties for February 2012.








There were 1,614 total closings in February 2012, up 21.8% compared to February 2011.

64% of all home sales in February 2012 were in the $200,000.00 and under category.

Absorption rates improved as months supply of inventory was down 28.3% to 8.9 months supply.

New Listings are down by 5%, but pending sales increased . Many homeowners are choosing to wait on the market to recover and for property values to start increasing. Other homeowners have decided to sell for less, but to recover the difference through the new home purchase. Many sellers are choosing to move up to their dream home while the market has made it affordable and the interest rates are still at historical lows.

February 2012 Market Activity For Charlotte, NC and the Surrounding Counties

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Charlotte's Research Park Premier Community - Lexington's Market Report For March 2012

03-12-12
Evelyn McCorkle Search Charlotte NC Real Estate University Area
Evelyn McCorkle Search Charlotte NC Real Estate University Area: Real Estate Agent in Charlotte, NC
  • view my blog
  • Office: (cal) lmy-cell
  • Mobile: (704) 957-3558

Charlotte’s Research Park Premier Community - Lexington's Market Report for 2012Lexington Subdivision

Distinctive lifestyle is the description of this finely crafted John Wieland Community. Located in the North sector of Charlotte, better known as the University Area.

The Lexington neighborhood is convenient to North Charlotte’s leading employers, (Wells Fargo, TIAA- Cref, Carolina Medical) UNCC, close to shopping, Northlake Mall, Concord Mills, fine dining and easy access to interstates 85, 77 & 485.

Lexington Market Report
Lexington Subdivision - 2012 Market Absorption Trend Market Report



Past 6 Months - 4 Properties SOLD
Average Sales Price - $316,725.00
Average List Price - $332, 169.00
Average L/P to S/P - 95.8%
Average Days On Market - 97
Average Square Footage - 3,913
Average Price Per Sq. Ft. - $84.89

Past 3 Months - 3 Properties Sold
Average Sales Price - $310,950.00
Average List Price - $321,938.00
Average L/P to S/P - 96.8%
Average Days On Market - 116
Average Square Footage - 3,734
Average Price Per Sq. Ft. - $83.28

( 3 )Current Actives On the Market
Average List Price - $324,967.00
Average Sq. Ft. 3,767
Average Days On Market - 160
Average Price Per Sq. Ft. - $86.27

(1 )Property Under Contract
Average List Price - $315,000.00
Average Sq. Ft. - 4,000
Average Days On Market - 106
Average Price Per Sq. Ft. - $78.75

Listings are down throughout Charlotte and the surrounding counties. In the past 12 months a total of 9 properties sold in Lexington. There is currently a three month supply of houses.

Market Trend Analysis

6 Months Supply = Balance Market
Less than 6 Months Supply is a Sellers Market
More than 6 Months Supply is Buyers Market

Now is an ideal time for the move up buyer or downsize seller!

Contact me today for your FREE right price analysis!

2421 Arden Gate Lane Charlotte, NC 28262
16 Photos Available
2421 Arden Gate Lane
Charlotte NC 28262
IDX PROP
Listing Courtesy of: Wanda Akers Realty

11117 Tavernay Parkway Charlotte, NC 28262
5 Photos Available
11117 Tavernay Parkway
Charlotte NC 28262
IDX PROP
Listing Courtesy of: Keller Williams University Cty
10903 Parkleigh Drive Charlotte, NC 28262
14 Photos Available
10903 Parkleigh Drive
Charlotte NC 28262
IDX PROP
Listing Courtesy of: Keller Williams Lake Norman
10926 Loudoun Lane Charlotte, NC 28262
16 Photos Available
10926 Loudoun Lane
Charlotte NC 28262
Virtual Tour
IDX PROP
Listing Courtesy of: Cottinghamchalkhayes, Realtors
2533 Radrick Lane Charlotte, NC 28262
16 Photos Available
2533 Radrick Lane
Charlotte NC 28262
IDX PROP
Listing Courtesy of: Allen Tate Company

The data relating to real estate on this site derive in part from the Carolina Multiple Listing Services, Inc. IDX program.


Contact me today for your FREE right price analysis!


More Nearby Neighborhoods

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Arbor Hills

Maplewood

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Highland Creek

Radbourne



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Kingswood Neighborhood in Charlotte NC, 2011 Home Sales Activity

03-12-12
Diane McDermott, Charlotte NC Real Estate Market
Diane McDermott, Charlotte NC Real Estate Market : Real Estate Agent in Charlotte, NC
  • view my blog
  • Office: (704) 516-3691
  • Mobile: (704) 516-3691


There were 5 successfully closed home SALES in Charlotte NC's Kingswood neighborhood for 2011.

That's UP from the previous year and above the low that happened in 2009 when just 3 neighborhood homes successfully closed.

The 2011 average sales price for Kingswood homes was $421,900, higher than a year earlier and just above the 2005 average home sales prices.

The Short-Term view on average home sales prices in the Kingswood Neighborhood:
DOWN 19.2% from 2007 to 2011

The Long-Term View on average neighborhood prices:
UP 22.1% from 2002 to 2011 (that % already includes the recent decline)

The available neighborhood homes for sale are priced from the Mid $300s to Mid $400s. To view the current real estate listings (link is updated daily) - Homes for Sale in Charlotte NC's Kingswood Neighborhood

To view homes for sale in nearby South Charlotte NC area neighborhoods:

Beverly Woods Neighborhood Homes for Sale

Beverly Woods East Neighborhood Homes for Sale

Carmel Country Club Neighborhood Homes for Sale

Carmel Hills Neighborhood Homes for Sale

Carmel Woods Neighborhood Homes for Sale

McAlpine Forest Neighborhood Homes for Sale

Mountainbrook Neighborhood Homes for Sale

Town and Country Neighborhood Homes for Sale

OR to enter your own home search criteria, NO registration required: Search Charlotte NC Area Homes for Sale

kingswoodThe Kingswood neighborhood in Charlotte NC is located along Carmel Rd in South Charlotte, minutes from South Park. The neighborhood was built mainly in the 1960's and homes are situated on large lots along tree lined streets. Current school assignments are for Beverly Woods Elementary, Carmel Middle and South Meck High


Originally posted at: Charlotte NC Neighborhoods, Real Estate Market and Local Charlotte NC Information


Copyright©2012 by Diane McDermott, All Rights Reserved, “Kingswood Neighborhood in Charlotte NC, 2011 Home Sales Activity"

*Data and statistics based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.

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The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in south Charlotte NC

Search Charlotte NC Area Homes for Sale

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Beverly Woods Neighborhood in Charlotte NC, Recent Home Sales Activity and Real Estate Inventory Trend March 2012

03-12-12
Diane McDermott, Charlotte NC Real Estate Market
Diane McDermott, Charlotte NC Real Estate Market : Real Estate Agent in Charlotte, NC
  • view my blog
  • Office: (704) 516-3691
  • Mobile: (704) 516-3691


The 10 successfully closed home SALES in Charlotte NC's Beverly Woods neighborhood over the past six months...

- had an Average Sales Price of $249,815 (range was $183,250 to $331,000)

- spent an Average of 114 Days on the Market (range was 20 days to 261 days)

- sold for an Average of 91.8% of the Original List Price, Average of 95% of the Final List Price

- Seller Paid Closing Cost Contributions of $236 to $6,000 were included in 5 of the 10 recent Beverly Woods neighborhood home sales

Recently Sold activity has been spread pretty evenly from Under $200k through the Low $300s

Available homes for sale in Beverly Woods are priced from the Low $200s to the Upper $300s

The neighborhood real estate inventory level was UP slightly again this month to an 11.4 month supply of homes for sale as of March 2012 - lower than at this time last year but still above balanced conditions and into Buyer favored territory.

The overall trend since September of 2011 has been INcreasing real estate inventory in south Charlotte's Beverly Woods neighborhood and that's continued into March 2012.

The available options for home buyers considering the Beverly Woods neighborhood have 3 to 5 bedrooms, 2 to 3 baths, around 1500 square feet to more than 2300 square feet of living space and styles include ranch, tri-level and 2 story homes in this South Park area neighborhood.

Whether any of the available homes meet your needs, only you can decide. To view the neighborhood homes for sale (link updated daily) - Beverly Woods Neighborhood Homes for Sale

To view available homes for sale in nearby neighborhoods in the South Park area of Charlotte NC:

Barclay Downs Neighborhood Homes for Sale in Charlotte NC

Beverly Woods East Neighborhood Homes for Sale in Charlotte NC (located across Sharon Rd from Beverly Woods)

Cameron Wood Neighborhood Homes for Sale in Charlotte NC

Fairmeadows Neighborhood Homes for Sale in Charlotte NC

Governors Square Neighborhood Homes for Sale in Charlotte NC

Mountainbrook Neighborhood Homes for Sale in Charlotte NC

Montibello Neighborhood Homes for Sale in Charlotte NC

Or to enter your own home search criteria (NO registration required): Search Charlotte NC Area Homes for Sale

beverly woodsBeverly Woods is an established Charlotte NC neighborhood of single family homes in the heart of South Charlotte, minutes from South Park and convenient to Ballantyne, the South Blvd light rail line and Uptown Charlotte NC.


Originally posted at: Charlotte NC Neighborhoods, Real Estate Market and Local Charlotte NC Information


Copyright©2012 by Diane McDermott, All Rights Reserved, "Beverly Woods Neighborhood in Charlotte NC, Recent Home Sales Activity and Real Estate Inventory Trend March 2012"

*Data based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.

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The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in Charlotte NC's real estate market serving neighborhoods in Charlotte NC

Search Charlotte NC Area Homes for Sale

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Beverly Woods Neighborhood in Charlotte NC, Real Estate Activity March 2012

03-12-12
Diane McDermott, Charlotte NC Real Estate Market
Diane McDermott, Charlotte NC Real Estate Market : Real Estate Agent in Charlotte, NC
  • view my blog
  • Office: (704) 516-3691
  • Mobile: (704) 516-3691


The 19 available homes for sale in Charlotte NC's Beverly Woods neighborhood are priced from $209,900 to $359,500.

To view the neighborhood real estate listings (link updated daily) - Homes for Sale in Beverly Woods

Over the past month:
Active listings are UP (slightly)
Under Contract activity is DOWN
Recently Sold activity is EQUAL

Active real estate listings (choices for home Buyers) are the biggest piece of all Beverly Woods real estate activity as of March 2012.

The supply of homes for sale in Beverly Woods is now at 11.4 months of inventory - ABOVE balanced conditions (which would be a 6 month supply) and in favor of Buyers

The Upper $200s have the majority of options for Buyers but there are also quite a few options at the Low $200s right now - to view the current listings (link updated daily) - Homes for sale in Beverly Woods

Recently Sold activity has been spread from Under $200k to the Low $300s

For the home sales report - Beverly Woods Neighborhood Recent Home Sales Activity March 2012

Under Contract activity is highest at the Upper $200s and the Low $300s

To view available homes for sale in nearby neighborhoods in the South Park area of Charlotte NC:

Barclay Downs Neighborhood Homes for Sale in Charlotte NC

Beverly Woods East Neighborhood Homes for Sale in Charlotte NC (located across Sharon Rd from Beverly Woods)

Cameron Wood Neighborhood Homes for Sale in Charlotte NC

Fairmeadows Neighborhood Homes for Sale in Charlotte NC

Governors Square Neighborhood Homes for Sale in Charlotte NC

Mountainbrook Neighborhood Homes for Sale in Charlotte NC

Montibello Neighborhood Homes for Sale in Charlotte NC

Or to enter your own home search criteria (NO registration required): Search Charlotte NC Area Homes for Sale

beverly woodsBeverly Woods is an established Charlotte NC neighborhood of single family homes in the heart of South Charlotte, minutes from South Park and convenient to Ballantyne, the South Blvd light rail line and Uptown Charlotte NC.


Originally posted at: Charlotte NC Neighborhoods, Real Estate Market and Local Charlotte NC Information


Copyright©2012 by Diane McDermott, All Rights Reserved, "Beverly Woods Neighborhood in Charlotte NC, Real Estate Activity March 2012"

*Data based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.

------------------------------------------------------------------------------------------------------------------------------------

The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in Charlotte NC's real estate market serving neighborhoods in Charlotte NC

Search Charlotte NC Area Homes for Sale

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