charlotte nc real estate market report oct 2010
DESCRIPTION
Charlotte NC Real Estate market report for October, 2010.TRANSCRIPT
ON MOve Market Activity and Trends for Charlotte & Surrounding Counties
O C T O B E R 2 0 1 0
The average closing price for the Charlotte area in September
2010 was $203,799, up approximately 3.5% compared to 2009.
Average days on market was 146.9 for the month of Sept., 2010.
There were 1658 total closings in Sept. 2010, down 14.8% com-
pared to 2009. The bulk of home sales continues to be in the lower
price ranges, with 73% of sales in the $250,000 and under category.
Residential Closings - Entire MLS 2009 - 2010
Sept. 2010 Closed Sales by Price Range
www.SoldByDebe.com
the
Current Active Listings by Price Range
Under $120,000
$120 - $150,000
$150 - $250,000
$250 - $350,000
$350 - $500,000
Total Active Listings = 24,302
Data Courtesy Carolina MLS.
25%
13%
13%
10%
3%
ASP = Average Sold Price
Data Courtesy Carolina MLS.
Total Sold Sept. 2010 = 1658
Data Courtesy Carolina MLS.
12%
12%
8% 5%
.07%
$500K - $1 Million Over $1 Million 28%
8% Under $120,000
$120 - $150,000
$150 - $250,000
$250 - $350,000
$350 - $500,000
$500K - $1 Million
Over $1 Million
35%
26%
Compliments of Debe Maxwell, Realtor®/Broker Mobile: 704.491.3310
www.SearchCharlotteHomesForSale.com
Page 2 On the Move - Helen Adams Realty Volume 3, Issue 9
Total Closed Units Residential Single Family, Townhomes & Condos
www.SearchCharlotteHomesForSale.com
Year to Date Charlotte Stats
MLS Area Units Closed
Total Closed Volume
Average Closing Price
01 - Mecklenburg County (N) 118 $ 21,983,760 $ 186,303
02 - Mecklenburg County (E) 80 $ 9,280,931 $ 116,012
03 - Mecklenburg County (SE) 41 $ 6,240,590 $ 152,210
04 - Mecklenburg County (SSE) 77 $ 23,434,776 $ 304,348
05 - Mecklenburg County (S) 137 $ 49,382,947 $ 360,459
06 - Mecklenburg County (SSW) 44 $ 7,690,831 $ 174,792
07 - Mecklenburg County (SW) 43 $ 5,764,168 $ 134,050
08 - Mecklenburg County (W) 46 $ 3,017,924 $ 65,607
09 - Mecklenburg County (NW) 58 $ 9,769,874 $ 168,446
10 - Union County 174 $ 43,950,209 $ 252,587
11 - Cabarrus County 142 $ 24,791,646 $ 174,589
12 - Iredell County 79 $ 11,278,661 $ 142,768
13 - Lake Norman 96 $ 36,104,795 $ 376,092
14 - Lincoln County 40 $ 6,016,163 $ 150,404
15 - Lake Wylie 29 $ 9,246,363 $ 318,840
16 - Gaston County 121 $ 14,129,321 $ 116,771
17 - York County 98 $ 21,046,097 $ 214,756
20 - Alexander County 4 $ 366,400 $ 91,600
21 - Rowan County 59 $ 5,359,978 $ 90,847
22 - Cleveland County 20 $ 2,870,150 $ 143,508
23 - Stanly County 28 $ 3,256,815 $ 116,315
24 - Lancaster County 37 $ 8,881,771 $ 240,048
25 - Anson County 5 $ 331,200 $ 66,240
29 - Catawba County 39 $ 4,995,281 $ 128,084
35 - Chester County 4 $ 206,300 $ 51,575
42 - Mtn. Island Lake 12 $ 3,015,359 $ 251,280
99 - Uptown Charlotte 7 $ 1,463,401 $ 209,057
TOTAL (for All MLS) 1658 $384,122,100 $203,799 Source: Carolina MLS.
Charlotte Residential Home Sales:
33% of homes sold year to date were priced under
$120,000.
31% of homes sold year to date were priced
$120,000 to $190,000.
25% of homes sold year to date were priced
$190,000 to $350,000.
11% of homes sold year to date were priced over
$350,000.
Page 3 On the Move - Helen Adams Realty Volume 3, I ssue 9
Source: Freddie Mac, NAR, Sept. 2010
Data Courtesy Carolina MLS.
www.SearchCharlotteHomesForSale.com
Volume 3, I ssue 9
OCTOBER: Breast Cancer Awareness Month Page 4 On the Move - Helen Adams Realty
www.SearchCharlotteNeighborhoods.com
The month of October is BREAST CANCER AWARENESS MONTH. Susan G. Komen for the Cure® is challenging the world, "What will you promise?" to help breast cancer research. Susan G. Komen for the Cure has been committed to immediate patient assistance and is in its 26th year in the race for a cure. The Foundation has committed over $550 million to research scientists alone, to establish a cure! This is the largest commitment to breast cancer research funding by a single nonprofit
organization, targeting 81 universities and hospitals in 27 states and five countries, EVER! These grants represent research with the highest likelihood of producing positive results for breast cancer patients.
Even the NFL is pitching in this month to help with the race for the cure. Games throughout Octo-ber have been designated Breast Cancer Awareness games. Coaches, players, referrees and game staff are wearing apparel and pins with the pink ribbon/NFL shield during October games. Wear your THINK PINK ribbon to the October 24, Carolina Panthers game against the San Francisco 49'ers. (GO PANTHERS!) Thanks to the NFL and the Panthers organization, for participating in SUCH a worthwhile cause! We can help by donating a mammogram for the women who cannot afford one.
Go ahead--Click the link below--it won't cost you a PENNY!
www.SearchCharlotteHomesForSale.com
Debe Maxwell, Realtor®/ Broker
Platinum Level Quality Service Certified ®
Helen adams realty
2301 Randolph Road
Charlotte, NC 28207
704.491.3310 / www.SoldByDebe.com
email me: [email protected]
Searching for Charlotte Neighborhoods?