Daylight Savings Time Is Here and Its Beginning To Look Like Spring all over the Charlotte Area!!
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
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
Listing Courtesy of: Wanda Akers Realty
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5 Photos Available
Listing Courtesy of: Keller Williams University Cty
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14 Photos Available
Listing Courtesy of: Keller Williams Lake Norman
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16 Photos Available
Listing Courtesy of: Cottinghamchalkhayes, Realtors
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16 Photos Available
Listing Courtesy of: Allen Tate Company
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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
Skybrook Located In Huntersville, NC - Market Report For March 2012
Skybrook located north of Charlotte in the busting town of Huntersville, NC, is tucked away amidst hilly terrain, tree lined streets with incredible absolutely breath taking scenic views. This beautiful neighborhood of 1300 homes is a golf, swim and tennis club community.
Single family homes are priced in the $200,000.00 to $700,000.00 price range, with townhomes prices starting in the $160,000.00 range.
Market Report For March 2012
Past 6 Months - 27 Properties SOLD
Average Sales Price - $305,922.00
Average List Price - $317,056.00
Average L/P to S/P - 0.965%
Average Days On Market - 154 days
Past 3 Months - 13 Properties SOLD
Average Sales Price - $294,118.00
Average List Price - $303,312.00
Average L/P to S/P - 0.968%
Average Days On Market - 183 days
21 Current Active Listings On The Market
Average List Price - $384,830.00
Average Days on market ( as of today) - 110 days
Homes are selling in Skybrook, there are a number of variables that you have to consider when you prepare to market your home. But looking at the trend for the past 6 months: Average Sales Price from 6 months to 3 months went down. Average List Price went down. Percentage of S/P to L/P went up and average days on market went up. There is currently a 4.6 month supply of inventory. Skybrook is in a Sellers Market.
Rule of Thumb:
A six month supply of houses signifies a balanced market.
Less than a six month supply reflects a sellers market.
More than a 6 month supply reflects a buyers market.
Although home prices and listings are down, now is an ideal time for the move up buyer or the downsize seller to consider entering the market.
Contact me today for your FREE market analysis!
| Skybrook, Huntersville, NC Median Sales Price Rolling 12 Months |
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Skybrook Video Tour For You!
Birkdale Village Area Market Trends For Single Family Homes
As of 03/07/11 Charlotte, NC 
We are experiencing a milder than normal Winter, the plants are confused because of the weather. In real estate we are experiencing a busier than normal season, buyers are excited and are buying.
Spring is definitely in the air!!
Birkdale Village - is 12 miles north of Uptown Charlotte NC, located in the bustling Community of Huntersville, NC. This pedestrian-friendly neighborhood promotes walking to all venues, it has numerous restaurants, Starbucks, upscale retail stores, cafes, apartments, townhomes/condos and single family homes. Birkdale Village is a 52 acre new urban mixed use community located only minutes from our Crown Jewel of Charlotte, Lake Norman.
Birkdale Village Market Trend Report
Past 6 Months - 6 Properties SOLD
Average Sales Price - $243,447.00
Average List Price - $255,831.00
Average L/P to S/P - 0.953%
Average Days on Market - 139 days
Past 3 Months - 6 Properties SOLD
Average Sales Price - $245,337.00
Average List Price - $254,763.00
Average L/P to S/P - 0.966
Average Days on Market - 111 days
11 Current Active Listings, 8 Properties are Under Contract ( See Properties)
When you compare the Average Sales price from 6 months to the past 3 months the trend is up. Average List price is down, Average List Price to Sales Price is up, and Average days on market is up. Birkdale Village is in a Sellers Market.
Rule of Thumb:
A six month supply of houses signifies a balanced market.
Less than a six month supply reflects a sellers market.
More than a six month supply reflects a buyers market.
| Birkdale Village, Huntersville, NC Median Sales Price Rolling 12 Months |
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Contact me today for your FREE market analysis!
Fabulous Homes Located In The Huntersville Community Of Stephens Grove
This Shea home neighborhood located in Huntersville,NC has the country/rural feel but yet it is ever so close to Center City Charlotte approximately 2 miles from Lake Norman, Birkdale Village, Northlake Mall, easy access to major interstates, restaurants,hospitals, and so much more.
Gracious Living Is Yours!
Welcome To Stephens Grove
In The Past 6 months - 2 properties sold
There are 6 homes for sale, and 4 currently under contract (check them out)
Avg. Current List Price - $326,650.00
| Stephens Grove, Huntersville, NC Median Sales Price Rolling 12 Months |
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Check out the Carolina Blue Sky
Contact me today for your FREE market analysis!
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University City has heart. Our neighborhoods are a splendid tapestry of cultures.Many transplants to Charlotte NC discover University City has just what you are looking for. Close to Lake Norman
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