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The Maxwell House Group Real Estate News (Week Ending 10/21/2011)

We’re still pink in honor of Breast Cancer Awareness month!  Do consider donating to research for this devastating disease affecting 1 in 8 women. 

As for  Savvy Charlotte home buyers and sellers this week, more good news on the ‘home front!’   166 Closings were logged this past week and 321 single family homes and condos have gone into Escrow, showing a significant positive movement towards the real estate recovery, even with the below data from just the past week!

CHARLOTTE SINGLE FAMILY HOMES

CLOSED SALES DATA:  134 single family homes in the Charlotte proper market were Closed this week:
List Price:  $209,061
Sales Price:  $192,166
Avg. List to Sales Price Ratio:  92%
Avg. Heated Square Feet: 2,243
Price Per SF:   $85.67
Average Days on the Market:  102

PENDING DATA: 253 single family homes in the Charlotte proper went into Escrow this week:
List price: $192,550
Avg. BR/BA:  3/2
111 Average days on the market

(*Above data includes Charlotte city only.) Contact us for more specific community sales and market statistics.

CHARLOTTE CITY CONDO MARKET

CLOSED SALES DATA:  32 total properties Closed this week
List Price:  $186,834
Sales Price:  $177,847
Avg. List to Sales Price Ratio:  95%
Avg. Heated Square Feet:  1,569
Price Per SF:   $113.35
Average Days on the Market:  123

PENDING DATA: 68 total properties went into Escrow
List price: $176,220
Avg. BR/BA:  2/2
135 Average days on the market

GO Carolina Panthers!

Congratulations to all Savvy buyers and sellers on their home purchases and sales this week!  Happy moving!

Posted in: Charlotte NC News, Charlotte NC Real Estate Market Reports, The Latest on All Things Real Estate - Charlotte NC Tagged: Charlotte Home Buyers, Charlotte NC Real Estate Agents, Charlotte NC Real Estate Market Reports, Relocate to Charlotte NC

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