CHARLOTTE NORTH CAROLINA HOMES FOR SALE--Q3 2008 SALES REPORT CHARLOTTE NORTH CAROLINA HOMES FOR SALE:  Q3 2008 SALES REPORT

Charlotte NC Homes for Sale, UPTOWNProperty absorption rates in any local real estate market are considered the new benchmark indicators as to whether that particular market is a seller's market, a buyer's market or a neutral market.  Knowing the current real estate market cycle is essential for success as either a buyer or seller.  The process of calculating absorption rates for local markets is helpful to analyze the current real estate cycle and formulating a winning buying or selling strategy.  There are currently 6,538 Charlotte North Carolina homes for sale (single-family homes only).  The most up-to-date absorption rate analysis is below:

Charlotte North Carolina Real Estate

Property absorption rates are an accurate representation of where YOUR market stands.  Charlotte North Carolina Real Estate Sales for third quarter, 2008 are also featured below.  Statistics are broken down into sales price ranges for a better view of the current market sales.

Charlotte North Carolina Homes for Sale

Charlotte North Carolina Homes for SaleCharlotte, despite the national market trend, continues to show a relatively stable real estate market.  Charlotte North Carolina homes for sale, including ONLY single family homes (no condos/townhomes, farms or land), are currently at 6,538 properties available.  Of those 6538 homes currently on the market in Charlotte, 810 of them are new construction single family homes.  Days on the market are somewhat higher for new construction but, the data is  a bit skewed by homes that are listed when building begins rather than completion of building with CO (certificate of occupancy) obtained.  

So, if you're thinking of buying Charlotte North Carolina real estate, you couldn't be buying Charlotte real estate at a better time!  The supply is good, the prices better than before and the mortgage rates are certainly affordable!   

Debe in Charlotte

About the author:

Quality Service CertifiedDebe Maxwell is a Charlotte Residential Real Estate Broker, Certified Neighborhoor & Relocation Specialist, ABR & e-PRO who can assist you with the purchase and/or sale of real estate in the Charlotte NC Metro Area.  If you're relocating to or from any other area of the country, Debe connects you with any member of her team of relocation professionals in your destination or exit city of choice.  The destination service is of no cost to you!  The Maxwell House Group's quality service guarantee puts this team far ahead of the competition; providing unsurpassed customer service is their #1 priority!  Debe Maxwell -- Helen Adams Realty -- 704.491.3310

Copyright© 2008 By Debe Maxwell, All Rights Reserved...**Charlotte North Carolina Homes For Sale:  Q3 Sales Report**

Disclaimer:  All information provided by this author is strictly an opinion, is not guaranteed, may be based on information collected from several sources, which may or may not be deemed reliable at the time of researching this article and may be time sensitive.



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Author Bio: Debe Maxwell is a Certified Residential Specialist in the Charlotte Metro region with a focus on the Charlotte luxury home market. My team of agents each have their own specialty areas, a benefit to anyone buying a home in Charlotte NC.

 

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