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Winter 2012 Market Update
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| Average Home Price | $350,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 90-120 days |
| Prices As % of Asking Price | 95-100% |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Multiple Offers? | No |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Housing Hot Spots | Downtown Charlotte, Uptown Charlotte, Near the Panthers Stadium ,First Ward, Second Ward, Third Ward, Forth Ward, New Condo’s Uptown, NoDa, Plaza Midwood, Chantilly, Elizabeth, Eastover, Dilworth, Myers Park, Cherry, Foxcroft, South Park, Near the South Park Mall, Montibello, Kings Wood, Pellyn Wood, Pellyn Grove, Near Myers Park High School, Near Alexander Graham Middle School, Stonecrest, Stonecroft, Giverny, Piper Glen, Near the Big Pink Church, Near the Arboretum, Cotswald, Lansdowne,I nside Providence and 51, Matthews, Mint Hill, Pineville, Beverly Wood, Near Beverly woods elementary, Near ,Providence High School, Providence Plantation, Providence Downs, Near Weddington Schools, Hunter Oaks, Lake Wylie, Steel Creek, Palisades, The Sanctuary, The Vineyards, Berwyck, Candlewyck, Providence Springs, Carmel Country Club, Near Quail Hollow where Tiger Woods plays, Providence Country Club, Ballantyne Country Club, Quellin, Cameron Woods, Birkdale, Berkley, Ardrey, Carmel Road area, Inside 485, Outside 485 loop, Morrocroft, Phillips Place |
| Average Sold Price | $350,000 - View Graph Trend |
Ballantyne Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
Donna Forrest Johnston
704-517-3925
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
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Request More Information Let me answer your questions! Ask Me!
Donna Forrest Johnston
RE/MAX Executive Realty
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 704-517-3925
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