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Most Current Local Market Activity in the Charlotte Area

Current Activity

CarolinaHome.com provides buyers and sellers the most current local market activity, based on a count of all active, under contract show, and under contract no-show properties available to CarolinaHome.com and the CarolinaMLS IDX program.                 To view current statistics, select area or county. Area        County Single Family Condo / Townhouse MultiFamily Land / Lots / Acres                 List Prices Area Count Low High Average 01 – Mecklenburg County (N) 1072 $18,000 $5,500,000 $263,572 02 – Mecklenburg County (E) 668 $16,900 $1,725,000 $163,128 03 – Mecklenburg County (SE) 494 $28,000 $1,077,300 $196,589 04 – Mecklenburg County (SSE) 672 $24,900 $3,500,000 $381,630 05 – Mecklenburg County (S) 1015 $80,000 $5,500,000 $671,139 06 – Mecklenburg County (SSW) 356 $19,000 $2,295,000 $299,305 07 – Mecklenburg County (SW) 407 $14,000 $679,448 $186,367 08 – Mecklenburg County (W) 338 $10,900 $1,799,999 $104,821 09 – Mecklenburg County (NW) 506 $18,500 $1,419,000 $192,754 10 – Union County 1896 $24,000 $4,495,000 $315,079 11 – Cabarrus County 1381 $17,000 $1,499,999 $215,972 12 – Iredell County 1002 $9,900 $1,800,000 $193,887 13 – Lake Norman 1204 $29,900 $9,500,000 $646,217 14 – Lincoln County 484 $15,300 $2,150,000 $187,335 15 – Lake Wylie 441 $38,950 $7,500,000 $517,777 16 – Gaston County 1519 $12,400 $999,000 $149,881 17 – York County 1225 $10,000 $1,495,000 $226,721 18 – Resort 3 $45,000 $239,900 $157,966 19 – Other 31 $28,800 $1,450,000 $237,009 20 – Alexander County 100 $24,900 $1,650,000 $211,091 21 – Rowan County 862 $9,900 $2,999,999 $173,733 22 – Cleveland County 343 $8,999 $998,000 $175,308 23 – Stanly County 447 $19,000 $899,000 $198,961 24 – Lancaster County 478 $12,900 $1,149,000 $241,730 25 – Anson County 131 $16,000 $489,000 $112,327 26 – Caldwell County 41 $18,900 $1,200,000 $285,032 27 – Burke County 29 $17,900 $2,950,000 $307,396 28 – Davidson County 26 $23,715 $729,000 $353,560 29 – Catawba County 346 $29,900 $4,900,000 $258,276 30 – Montgomery County 294 $8,000 $2,295,000 $322,761 31 – Davie County 10 $34,900 $1,150,000 $341,170 32 – Richmond County 1 $80,000 $80,000 $80,000 33 – Moore County 2 $99,900 $139,000 $119,450 34 – Randolph County 1 $279,000 $279,000 $279,000 35 – Chester County 51 $4,900 $1,100,000 $227,599 36 – Chesterfield County 47 $17,000 $750,000 $136,370 37 – Yadkin County 5 $44,900 $4,500,000 $1,008,740 38 – Avery County 2 $875,000 $1,600,000 $1,237,500 39 – Wilkes County 2 $325,000 $360,000 $342,500 40 – Ashe County 4 $155,500 $6,900,000 $2,063,625 41 – Surry County 1 $59,865 $59,865 $59,865 42 – Mtn. Island Lake 134 $63,900 $1,250,000 $299,404 43 – Watauga County 8 $149,900 $2,990,000 $1,053,475 44 – Alleghany County 3 $299,000 $1,499,000 $707,666 45 – Rutherford County 7 $58,000 $429,000 $143,400 46 – Rockingham County 1 $25,600 $25,600 $25,600 47 – Polk County 3 $98,500 $985,000 $466,466 48 – Yancey County 3 $65,900 $189,000 $146,600 49 – Mitchell County 1 $225,000 $225,000 $225,000 51 – Forsyth County 5 $173,900 $1,379,000 $565,360 52 – Cherokee County 1 $79,900 $79,900 $79,900 99 – Uptown Charlotte 7 $69,000 $675,000 $413,142

Entire Charlotte Region Multiple Listing Service Average Sales Price UP

Scott Browder

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Allen Tate Company

Office: (704) 361-1806 Cell:  704-361-1806 scott.browder@allentate.com

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Entire CMLS Area Average Sales Price Rolling 12 Months

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Somerset in Waxhaw, NC, Union County – Somerset Price per Square Foot

Scott Browder

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Allen Tate Company

Office: (704) 361-1806 Cell: 704-361-1806 scott.browder@allentate.com

Website – - www.buyahousecharlotte.com

Website – - www.scottbrowder.com

Somerset, Waxhaw, NC Average Price Per Square Foot Rolling 12 Months

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Cureton, Waxhaw NC, Median Sale Price up 37%

This information was prepared by:

Scott Browder

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Allen Tate Company

Office: (704) 361-1806 Cell: 704-361-1806 scott.browder@allentate.com

Cureton, Waxhaw, NC Median Sales Price Rolling 12 Months

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Average Price Per Square Foot for – Lake Wylie

Average Price Per Square Foot for 15 – Lake Wylie.

Strong and Steady Increases in sales, price are signs of market recovery Charlotte, NC

The Carolinas real estate market has seen steady year-over-year growth during the first half of 2012, and experts are confident that we’ve hit the “reset” button for moving forward. “We’ve seen double-digit increases in sales units this year in the Piedmont corridor,” said Pat Riley, Allen Tate president/COO. “While we expect a little more depreciation in a few pockets, prices are stabilizing. We’re going back to a modest appreciation of 1-3 percent per year.” Riley credits low interest rates, high apartment rents and declining inventories as reasons for the rising positive monthly levels and improving annual gains. Interest rates will remain steady through the Presidential election in November, but are likely to rise in early 2013 – possibly as much as 2 percent. “Nothing will happen until after the election, but it could happen very soon after,” said Riley. Rents have reached historic highs because of higher demand from consumers who cannot qualify for a mortgage or choose not to buy right now for various reasons. Inventories have dropped by as much as 30 percent as homeowners who are “upside down” on their mortgages have withdrawn from the marketplace. With less available inventory, new buyers that are migrating to the Carolinas are snatching up homes that are in good condition and priced to sell. “It’s a great time to list your home. We need listings from serious sellers who are ready to make a move,” said Riley. New construction will likely impact existing home sales in the coming year. Prices will reflect the increased competition but are still expected to trend upward. Short sales and foreclosures remain a factor, but they are being absorbed by the market at a gradual rate, with minimal impact. “We’re in for a nice, steady, slow, methodical recovery,” said Riley. “The dream of homeownership is still within reach.”

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Average Price Per Square Foot in Plaza Midwood, Charlotte NC

This information was prepared by:

Scott Browder

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Allen Tate Company

Office: (704) 361-1806 Cell: 704-361-1806 scott.browder@allentate.com

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Midwood, Charlotte, NC Average Price Per Square Foot Rolling 12 Months

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Myers Park Average Price Per Square Foot, Charlotte NC 2013

This information was prepared by:

Scott Browder (www.buyahousecharlotte.com)

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www.scottbrowder.com

Office: (704) 361-1806 Cell: 704-361-1806 scott.browder@allentate.com

Myers Park, Charlotte, NC Average Price Per Square Foot Rolling 12 Months

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Take A Quick Trip To Ballantyne

Allen Tate Blog…

The Ballantyne neighborhood located in South Charlotte is occupying a 2,000-acre area of land adjacent to the South Carolina border.  It got its name from land developer Howard C. “Smoky” Bissell’s aunt, Barbara Ballantyne. Because Mr. Bissell anticipated that Charlotte would expand toward the South Carolina border, he planned an office and commercial development accordingly. At present, Ballantyne includes a country club community and neighborhoods containing houses ranging from starter homes to estates selling for several million US dollars.

You will find a 525-acre Ballantyne Corporate Park, which has over 3 million square feet of office space, four hotels including a luxury hotel and a lodge, plus a golf course and golf school.

The Ballantyne Hotel & Lodge is a member of The Luxury Collection by Starwood Hotels & Resorts and is a Forbes Four-Star and AAA Four-Diamond recognized hotel. It offers 30,000 square feet of event space. Guests enjoy resort-style amenities such as a luxurious spa, salon, indoor pools, seasonal outdoor pool, tennis, fitness, championship PGA golf course, golf lessons on premises by Dana Rader Golf School and Four Star Dining at Gallery Restaurant.

Additionally, Ballantyne includes several restaurants, shopping facilities, and a movie theatre which is located in Ballantyne Village.

If you are looking for the latest to do in Ballantyne,certainly make http://go-ballantyne.com/ your first stop to get the latest happenings.