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Market Activity For Charlotte, NC and the Surrounding Counties

By
Real Estate Agent with Helen Adams Realty

Market Activity for Charlotte, NC and the Surrounding Counties for the month of December 2011. Charlotte Market Update

There were 1896 total closings in December 2011, up 0.6% compared to December 2010.

66% of all home sales in November 2011 were in the $200,000.00 and under category.

The average closing price for the Charlotte Metro area in December 2011 was $190,654.00 down 1.8% from December 2010.

New listings decreased by 21.4%, pending sales increased by 10.4% total active listings decreased by 24.6%

Buyers are doing just what their name implies, which has driven down inventory levels in many of the local areas. Rates are still at historical lows, allowing incredible opportunities for the new home buyer.

Sellers are seeing more multiple offer situation; sellers if you think you want to put your home on the market. Let me show you the odds of your house selling, through absorption rate positioning.

Charlotte, NC we are on the move!!
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If you have any questions about any of my blog posts, please feel free to contact Evelyn McCorkle at  emccorkle@helenadamsrealty.com. or (704) 957-3558, visit my website at  www.evelynmccorkle.com  Your Charlotte, NC Trusted Real Estate Advisor!

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