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Housing Market Update/Video For SW Charlotte/Steele Creek: April 2018
 
April 2018 home sales in southwest Charlotte, North Carolina (28273 and 28278 zip codes, often referred to simply as Steele Creek) saw home sale prices substantially increasing, pending and closed sales also increasing and inventory decreasing. No matter how you "slice it," it's obvious that real estate in this area of Charlotte is sizzling hot!
 
 
 
The average sale price of SW Charlotte homes increased in the 28273 zip code by 9.8% to just over $210,000 and in the 28278 zip code by 7.9% to just over $331,000 compared with the same time frame one year ago.
 
Average days on market for property listings were 18 days in the 28273 zip code and 54 days in the 28278 zip code, down a 28% in the 28273 zip code versus April 2017. Median days on market  were 5 days (down 44.4% year-over-year) in 28273 zip code and 17 days in the 28278 zip code in April 2018.
 
Average price per square foot increased by 9.1% to $108/square foot in April 2018 versus the same period in 2017 in the 28273 zip code. In the 28278 zip code average price per square foot increased 6.1% to $122/square foot versus one year ago.
 
Pending sales were up 10.1% in 28273 zip code and 4.0% in 28278 zip code in April versus the same month last ... more

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