Charlotte NC Real Estate Market Reports | Charlotte NC Homes for Sale By The Maxwell House Group, Realtor

Rich People are Splurging on Million-Dollar Homes Again. Here’s Why.

Yes, the wealthy are splurging once again on million-dollar homes in Charlotte NC. Here’s why according to the Washington Post. First, let's talk Charlotte! Our Charlotte luxury market has rebounded quite nicely and continues to move at a rate in which we are more accustomed. All things considered, 2007 was our 'top-of-the-market' year. As our data is somewhat limited from '07, here is what we will use to compare Charlotte sales in all $1,000,000+ sales in the area. Historical Data - Charlotte Million Dollar Home Sales - 2007 As you can see, 237 homes sold for $1M+ in an average of 60 … Continue reading...

How’s The Real Estate Market in Dilworth Charlotte NC? OCT 2014

Months Supply of inventory in Dilworth Charlotte NC

How's The Real Estate Market in Dilworth Charlotte NC? OCT 2014 (Q3 Report) Yes, in spring, the flowers are blooming in Dilworth and the allure of the warm weather to come brings home buyers out in droves! But, in the summer, the longer daylight hours also welcome Charlotte home buyers, as does the cooler fall weather. Winter has it's advantages to home sellers too, as those home buyers who are shopping this time of the year are truly motivated to buy. Typically you will find your corporate relocation clients in need of a home before the holidays so, now is a great time to get your home on … Continue reading...

Teardowns Stage Comeback in Charlotte

Dilworth Charlotte real estate market report snapshot

Tear-downs Stage Comeback in Charlotte "From SouthPark to Myers Park, Dilworth to Davidson, homes are being bulldozed and replaced with larger, much more expensive ones in the latest sign of Charlotte’s housing rebound." Dilworth is (and almost always has been) one of the hottest for demolition and re-builds. Homes appreciate quickly in this community and tend to hold their values well, even in downturn years. - Debe Maxwell, Dilworth Specialist Many of the lots that have sold in Dilworth during the past 2 years have had easement issues that the city has worked diligently with the builders … Continue reading...

Charlotte Home Prices Rise 6.6% in May

Charlotte Home Prices Rise 6.6% in May "Charlotte-area home prices rose 6.6 percent in May from the same month a year ago, as the pace of annual gains nationwide continues to slow, according to a report released Tuesday." Home prices in Charlotte have (hopefully) stabilized a bit with Charlotte remaining in a strong seller's market. Single family home inventory in Charlotte is at a 10-year low with a 3.9 month supply and condo/townhome inventory, also at a 10-year low with a 3.8 month supply. Single family inventory - click on the interactive graph below to compare the 10-year data. Today's … Continue reading...

Shannamara Market Report 29JUN14

Closed price and days on the market in Shannamara

Shannamara Market Report 29JUN14 How's the market in Shannamara doing? Here's a quick snap-shot view of the current market stats as of today, June 29, 2014. Located partly in Mecklenburg County, partly in Union County, Shannamara is a popular Charlotte area golfing community that features, aptly named, "The Divide" golf course. The neighborhood is filled with amenities and winding, tree-filled streets with traditional homes on larger lot sizes. The community currently boasts a low 2.9 month supply of inventory. Homes selling in Shannamara are selling with an average price per square foot of … Continue reading...

PROVIDENCE SPRINGS MARKET REPORT | 22JUN14

Providence Springs Real Estate Market Report

PROVIDENCE SPRINGS MARKET REPORT | 22JUN14 Providence Springs is in a strong SELLERS Market with only 3 homes currently (active) for sale in the community, now is the time to list your Providence Springs home! Currently list to sales price ratio is at 97.4%, one of the highest in the city! With just 101 days from the time you put your home on the market in Providence Springs until you Close on your home, this community fares far better than most popular Charlotte neighborhoods. The Providence Springs inventory remains low - the market absorption trend is currently less than … Continue reading...

Providence Springs – Charlotte Neighborhood Market Update – 26 APR 2014

Supply of Inventory Providence Springs Charlotte NC

Providence Springs - Charlotte Neighborhood Market Update - 26 APR 2014 Since it's development in 1999, Providence Springs remains one of Charlotte's most popular neighborhoods in its price range. Custom-built homes, primarily by renowned builders, Gene Harrington and Ken Dowd, Providence Springs has retained its elegance and 'traditional' neighborhood feel over the years. Conveniently located in the Arboretum area, Providence Springs is assigned to some of the top schools in not only the city but, the nation: Olde Providence Elementary, Carmel Middle School and Myers Park High … Continue reading...

Top 3 Luxury Neighborhoods in Sales During Last 3 Months (MAR 2014)

Top 3 Luxury Neighborhoods in Sales During Last 3 Months (MAR 2014) The last 3 months in luxury sales have demonstrated a true recovery in the Charlotte real estate market. Typically in a down market, the luxury home market is the last one to rebound and the recent years have been no exception to that rule. What constitutes a luxury home neighborhood? In Charlotte our luxury homes range anywhere from the mid-$400's to the millions but, for this report, we pulled data from MLS (deemed reliable but, not guaranteed) at a beginning price of $500,000. The average sales price in the top three … Continue reading...

Charlotte NC Real Estate Update + eNews for 2/23/2014

Charlotte NC Real Estate Update + eNews for 2/23/2014 How is the Charlotte NC real estate market faring? Here are the Charlotte real estate stats for the week... The Charlotte NC real estate market continues to be reflective of a strong recovery process! With atypical winter season warm weather, buyers were out in droves last week! Prices continue to rise as do our bidding wars! Our inventory remains quite low as we move into the spring selling season. BEST READ THIS WEEK: Choosing the Right Charlotte Realtor® for You! The following are the totals for the Charlotte real estate … Continue reading...

Ballantyne Country Club Real Estate Market Report 22FEB2014

Ballantyne Country Club Home Sales Statistics 2014

Ballantyne Country Club Real Estate Market Report 22FEB2014 - Market Snapshot Here's the snapshot report for today, February 22, 2014 for the Ballantyne Country Club real estate market. For more detailed information on sales and listings in the Ballantyne Country Club area, give us a call or text today at (704) 491-3310 or email SavvyBroker@me.com. Visit www.HomesInBCC.com for more information on this popular South Charlotte community. Live near everything Ballantyne, enjoy luxury living in this gorgeous Charlotte golfing community and the location is superb - minutes from I-485, I-77 and … Continue reading...