Charlotte Market Statistics
Charlotte Real Estate Statistics for June 2009
Posted by Lisa in Charlotte Market Statistics on July 9th, 2009
The average list price of homes sold was down year over year by 1.48%.
Average Closing Price was down 6.4% year over year.
Average days on the market was up by 2% from the previous month.
Number of new listings was down year over year by 22.5%.
Mortgage rates ended at 5.42% up for the 3rd time in the past 3 months.
Charlotte Real Estate Statistics April 2009
Posted by Lisa in Charlotte Market Statistics on May 31st, 2009
The number of new listings for April declined 3.3% from the previous month and 23% year over year.
Average list price of home sales was up 5.7% from the previous month but down year over year by 2.8%.
Average closing price of solds was up 5.2% in April from the previous month but year over year it was down 9.1%.
Average days on the market was up 2.6% in April as compared to March.
Mortgage rates for April were down to 4.78% from the previous month of 4.85%.
Charlotte’s Economic Indicators Look Anemic
Posted by Lisa in Charlotte Market Statistics on May 29th, 2009
Economic indicators are like test results after a check-up with your doctor. You may feel well but the results could tell you differently. The Charlotte Observer published today a list of leading economic indicators for Charlotte as of March and April of 2009.
Charlotte may say it feels well but the test results were not pretty. Here are some of the results:
- Foreclosure filings in April were up 100% year over year although foreclosures in general were down 49% in March year over year
- Unemployment Rate was up 110% in March year over year
- Building Permits were down 52% in April year over year
- Bankruptcy Filings were up 56% in March year over year
- Average home prices were down 14% in March year over year
I do agree with the various pundits and believe “the bottom” albeit for real estate, the stock market, or the economy is around the corner - maybe as soon as the end of the year. But…the 10 million dollar question still remains….how long will it take for Charlotte to show it really feels well again?
Let me know what you think…
Ciao Bella
Charlotte Real Estate Statistics March 2009
Posted by Lisa in Charlotte Market Statistics on May 4th, 2009
Average closing price for homes sold in Charlotte was up 4.4% in the month of March.
Average list price of homes sold in Charlotte was 5.4% higher for the month of March.
Average number of new listings for March was up 12.7%.
Average Days on Market for listed homes in Charlotte remained steady at 114 days.
Mortgage rates continue their decline ending the month at 4.85%.
Charlotte Marketing Stats – Feb 2009
Posted by Lisa in Charlotte Market Statistics on April 18th, 2009
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Lisa Wilkins
Lisa brings unique credentials and extraordinary skills and talents to the residential real estate market. She is a licensed real estate broker in North Carolina and South Carolina, and is a member of the National Association of REALTORS®. more>>>