About Charlotte's Montibello

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Office: (704) 516-3691

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There were 22 successfully closed home sales in Charlotte NC's Montibello neighborhood for 2011.

That's EQUAL to the amount of home sales from the previous year and above the low that happened in 2009 when just 10 neighborhood homes successfully closed.

The 2011 average sales price for Montibello homes was $450,892, lower than a year earlier and between the 2004 and 2005 average home sales prices.

The Short-Term view on Montibello average home sales prices:
DOWN 21.6% from 2008 to 2011

The Long-Term View on average neighborhood prices:
UP 18.9% from 2002 to 2011 (that % already includes the recent decline)

The available neighborhood homes for sale are priced from the Mid $300s to more than $1.5 million. To view the current real estate listings (link is updated daily) - Homes for Sale in Charlotte NC's Montibello Neighborhood

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

Carmel Country Club Neighborhood Homes for Sale

OR to enter your own home search criteria: Search Charlotte NC Area Homes for Sale

The Montibello neighborhood in Charlotte NC is located along Carmel Rd near the intersection of Carmel and Quail Hollow Rds in the heart of South Charlotte. Convenient to both South Park and Ballantyne, this established community features mature trees and landscaping, winding streets and homes ranging in size from just over 2200 square feet to around 5,000 square feet.

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

*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

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Montibello Neighborhood in Charlotte NC, Recent Home Sales Activity February 2012

02-23-12

view my blog
Office: (704) 516-3691

Mobile: (704) 516-3691

The 5 successfully closed home SALES in Charlotte NC's Montibello neighborhood over the past six months...

- had an Average Sales Price of $441,158 (range was $370,500 to $540,290)

- spent an Average of 137 Days on the Market (range was 63 days to 189 days)

- sold for an Average of 88.9% of the Original List Price, Average of 93% of the Final List Price

- Seller Paid Closing Cost Contributions of $3,000 to $9,495 were included in 3 of the 5 recent Montibello neighborhood home sales

The $300s have had the majority (3 out of 5) of all recent home Sales

Available Montibello Homes for Sale are priced from the $300s to Over $1 million right now

The currently available homes for sale have 3 to 6 bedrooms, 2.0 to 4.5 baths, around 2500 to more than 4,000 square feet of living space, 2 to 3 car garages and include Ranch, 1.5/2 story and tri-level home styles

To view the neighborhood real estate listings (link updated daily)- Montibello Neighborhood Homes for Sale

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

Carmel Country Club Neighborhood Homes for Sale

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

The Montibello neighborhood in Charlotte NC is located along Carmel Rd near the intersection of Carmel and Quail Hollow Rds in the heart of South Charlotte. Convenient to both South Park and Ballantyne, this established community features mature trees and landscaping, winding streets and homes ranging in size from just over 2200 square feet to around 5,000 square feet.

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

*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

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Montibello Neighborhood in Charlotte NC, Real Estate Activity February 2012

02-23-12

view my blog
Office: (704) 516-3691

Mobile: (704) 516-3691

The 7 available homes for sale in Charlotte NC's Montibello neighborhood are priced from $350,000 to $1.599 million.

To view the neighborhood real estate listings (link updated daily) -
Montibello Neighborhood Homes for Sale

Over the past Month:
Active listings are DOWN
Under Contract listings are UP
Recently Sold listings are DOWN (slightly)

Available neighborhood homes for sale are back BELOW 50% of all real estate activity as of February 2012 and the biggest change over the past month was the INcrease in Under Contract activity.

The neighborhood real estate inventory level is DOWN slightly to an 8.4 month supply of homes for sale - just above balanced conditions.

The $500s now have the highest amount of Available Montibello Homes for Sale right now.

The $300s have had the highest amount of recent home Sales activity

For the home sales report - Montibello Neighborhood Recent Home Sales Activity February 2012

Under Contract activity is spread from the $300s through the $600s

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

Carmel Country Club Neighborhood Homes for Sale

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

The Montibello neighborhood in Charlotte NC is located along Carmel Rd near the intersection of Carmel and Quail Hollow Rds in the heart of South Charlotte. Convenient to both South Park and Ballantyne, this established community features mature trees and landscaping, winding streets and homes ranging in size from just over 2200 square feet to around 5,000 square feet.

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

*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

0 Comments

Montibello Neighborhood in Charlotte NC, Recent Home Sales Activity January 2012

01-23-12

view my blog
Office: (704) 516-3691

Mobile: (704) 516-3691

The 6 successfully closed home SALES in Charlotte NC's Montibello neighborhood over the past six months...

- had an Average Sales Price of $429,465 (range was $370,500 to $540,290)

- spent an Average of 126 Days on the Market (range was 43 days to 189 days)

- sold for an Average of 88.1% of the Original List Price, Average of 93% of the Final List Price

- Seller Paid Closing Cost Contributions of $3,000 to $9,495 were included in 3 of the 6 recent Montibello neighborhood home sales

The $300s and $400s have had the majority (5 out of 6) of all recent home Sales

Available Montibello Homes for Sale are priced from the $300s to Over $1 million right now

The currently available homes for sale have 3 to 6 bedrooms, 2.0 to 4.5 baths, around 2500 to more than 4,000 square feet of living space, 2 to 3 car garages and include Ranch, 1.5/2 story and tri-level home styles

To view the neighborhood real estate listings (link updated daily)- Montibello Neighborhood Homes for Sale

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

Carmel Country Club Neighborhood Homes for Sale

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

The Montibello neighborhood in Charlotte NC is located along Carmel Rd near the intersection of Carmel and Quail Hollow Rds in the heart of South Charlotte. Convenient to both South Park and Ballantyne, this established community features mature trees and landscaping, winding streets and homes ranging in size from just over 2200 square feet to around 5,000 square feet.

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

*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

2 Comments

Montibello Neighborhood in Charlotte NC, Real Estate Activity January 2012

01-23-12

view my blog
Office: (704) 516-3691

Mobile: (704) 516-3691

The 9 available homes for sale in Charlotte NC's Montibello neighborhood are priced from $324,900 to $1.599 million.

To view the neighborhood real estate listings (link updated daily) -
Montibello Neighborhood Homes for Sale

The pace of recently SOLD activity dropped over the past month and Available homes for sale are now the largest piece of neighborhood real estate activity as of January 2012.

The neighborhood real estate inventory level is UP and Over balanced market conditions (favoring Buyers) at a 9 month supply of homes for sale - balanced conditions would be around a 6 month supply.

Over $600k has the highest amount of Available Montibello Homes for Sale right now and with 0 recent Sold activity at those price ranges, that's where the level of inventory is highest right now.

The majority of Recent home Sales activity has been at the $300s and $400s

For the home sales report - Montibello Neighborhood Recent Home Sales Activity January 2012

All of the Under Contract activity is at the $500s

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

Carmel Country Club Neighborhood Homes for Sale

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

The Montibello neighborhood in Charlotte NC is located along Carmel Rd near the intersection of Carmel and Quail Hollow Rds in the heart of South Charlotte. Convenient to both South Park and Ballantyne, this established community features mature trees and landscaping, winding streets and homes ranging in size from just over 2200 square feet to around 5,000 square feet.

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

*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