About Charlotte's Lexington

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

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 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!

16 Photos Available 2421 Arden Gate Lane Charlotte NC 28262 Price: $390,000 Beds: 5 Bathrooms: 5 Status: Active MLS#: 2064571 Property Details Request Info Schedule a Showing Listing Courtesy of: Wanda Akers Realty

5 Photos Available 11117 Tavernay Parkway Charlotte NC 28262 Price: $324,900 Beds: 5 Full Baths: 3 Half Baths: 1 Status: Active MLS#: 2042156 Property Details Request Info Schedule a Showing Listing Courtesy of: Keller Williams University Cty

Contact me today for your FREE right price analysis!

More Nearby Neighborhoods

Claybrooke

Fountain Grove

Arbor Hills

Maplewood

Chatham

Colvard Park

Highland Creek

Radbourne

Lexington real estate and Lexington homes for sale and Charlotte NC listings analysis. Here is a quick review on Charlotte homes for sale in Lexington, spanning current activity since October of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Lexington real estate.

If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.

Lexington MLS Housing Activity from 10/03/2009 through 03/03/2010

Status	# of Homes	List Price	Sold Price	%SP/LP	Days on Market
Active	7	$377,828			66
Pending	1	$339,900			98
09/01 through 02/14
Status=SOLD	# of Homes	List Price	Sold Price	%SP/LP	Days on Market
2009-2010	2	$429,500	$415,500	97%	88
2008-2009	0	$0	$0	%	0
2007-2008	1	$435,000	$426,500	98%	145

If you are a buyer or seller, interested in homes for sale in Lexington, please give us a call. We live in the area, and know it well. Find more information on North Charlotte or view other neighborhoods within this area.

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* Lexington Homes For Sale
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Claude Cross 704-975-1733
Jane Cross 704-608-0228
Broker/Owners of Homes By Cross, Inc.

We're a small business that needs your business! We've been providing top notch professional Charlotte area real estate services since 1994, and would love the chance to earn your trust and your business!


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