| Market Commentary Provided by Donna Forrest Johnston |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Donna Forrest Johnston
RE/MAX Executive Realty Charlotte, North Carolina 704-517-3925 christine@talkcharlotte.com Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $300,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in South Park is | |||||
| Seller Activity for the past 90 days in South Park is | |||||
| Is Financing Available For Qualified Buyers in South Park? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| 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 | ||||
| Reason to Buy/Sell | Good economic news | ||||
| Average Sold Price | $300,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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