What's Shakin' in Charlotte, NC?

head_left_image

Charlotte NC Real Estate Market - June 2010

Charlotte NC Real Estate Market - June 2010

Charlotte NC Real Estate Market - June 2010

Data from the Charlotte Regional Realtor Association reveals that the Charlotte NC Real Estate market in June 2010 has slowed a bit since the expiration of the home buyer tax credit.  Although mortgage rates remain at historic lows and inventory remains high, Charlotte NC Buyers are not rushing to purchase a home with the pace set in the spring when buyers were attempting to qualify for the tax credit.

It's still a great time to buy a Charlotte NC home!  Buyers waiting for the Charlotte Real Estate market to bottom out may miss out on some great deals and INCREDIBLE mortgage rates!  Sellers are anxiously awaiting offers, and are typically ready to negotiate when an offer comes in!

Here is a look at the Charlotte Real Estate Market in June 2010:

Charlotte NC Real Estate Market - June 2010

 

 

 

 

As you can see, the average sales price of Charlotte NC homes climbed to $215,559 in June, 2010, up 1.46% from May, 2010.  However, the average sales price in June 2010 was slightly down from the average price a year ago of $218,728.

The number of contracts reported in June, 2010 is down 8.69% to 1,880 contracts - a predictor of future sales.

The number of actual closings in June 2010 fell 8.4% from the May 2010 numbers, but the days on market average also fell by 1.29% in June.

 

 

 

To help give you a better perspective of the Charlotte NC Real Estate Market over time, I have prepared the chart below, which tracks Charlotte NC real estate market data back to February, 2009:

Charlotte NC Real Estate Market Activity since February 2009

 

 

 

 

 

 

 

 

 

 

 

Are you looking to buy or sell a Charlotte NC home?  Visit my website, or email, call or text me!  I would be happy to show you why I call Charlotte, NC home!

**********************************************************************************

Melissa Brown

REALTOR/Broker, NC & SC

704-654-9700

Search Charlotte Homes for Sale

Find South Charlotte Real Estate on Google+

 

  www.facebook.com/melissapaynebrown         www.twitter.com/melissapbrown        Melissa Brown on LinkedIn             Follow Me on Pinterest   

Melissa Brown, Realtor, Charlotte, NC

Come to Charlotte and enjoy the four seasons!

Comment balloon 2 commentsMelissa Brown • July 28 2010 11:19AM
Charlotte NC Real Estate Market - June 2010
share
Charlotte NC Real Estate Market - June 2010 Data from the Charlotte Regional Realtor Association reveals that the Charlotte NC Real Estate market in June 2010 has slowed a bit since the expiration of the home buyer tax credit. Although… more
Charlotte NC Housing Market - 3 Month Absorption Rate Shows us Supply…
share
Interested in learning more about the Charlotte housing market and the 3-month Absorption Rate? This is really just a fancy way of talking about supply and demand! The table below provides an overview of home sale statistics in Charlotte NC … more
Charlotte NC Real Estate Market Trends 2007 - 2010
share
Charlotte NC Real Estate Market Trends from 2007 to 2010 have just been released by the Charlotte Regional Realtor Association. Although the Charlotte NC Real Estate market has suffered under the national housing market crisis caused by the… more
Real Estate Market in Charlotte, NC - The 2009 Year-End Report and…
share
The Real Estate Market in Charlotte, NC - The 2009 Year-End Report and What it Means for YOU! At the end of 2009, the Real Estate Market in Charlotte, NC rebounded slightly to end the year with an average sales price of $206, 542… more
Providence Plantation in Charlotte, NC - 2009 Market Report - Looking…
share
The 2009 Market Report for Providence Plantation in Charlotte, N. C. shows that home values in this highly sought-after neighborhood have declined only slightly over the last year (-8. 56%), compared to other harder hit areas in the country. … more
Charlotte, NC Real Estate Market Statistics for November, 2009!
share
The real estate market in Charlotte, NC continues it's slow but steady emergence from the housing market decline. Remember, the impact of the national real estate market decline didn't really hit Charlotte, NC until the fall of 2008, so we were… more
US House Prices Increase in 3rd Quarter! Charlotte, NC Market Steady
share
Looking for snippets of good news in the real estate market, I has happy to see that the Federal Housing Finance Agency (FHFA) just announced that US House prices increased 2% from the 2nd quarter of 2009 (seasonally adjusted). Over the past year,… more
Charlotte, NC Home Sales are on the Rise!
share
Thursday's Charlotte Observer's headline story declared " Charlotte Home Sales Rebound " a boost of good news just when the Charlotte real estate market needed it most! The article provides statistics from the Charlotte Regional Realtor… more
Charlotte, NC Real Estate Market Statistics for October 6 - November…
share
Although the average sales pric e for homes in the Charlotte, NC real estate market declined by 9. 5% from October, 2008, the number of contracts reported has increased significantly by 33. 5%. That's great news for Charlotte real estate -… more
National Home Sales Gain in September - What About the Charlotte, NC…
share
The Nation al Association of Realtors today reported the biggest gain in home re-sales in TWO years, rising 9. 4% in September, 2009 to 4. 89 million single family units, from 4. 47 million units in August. This also represents a 7. 7% increase in… more