Dilworth Homes For Sale|Charlotte Update
May 16th, 2013 Categories: Dilworth
Charlote NC
Dilworth Real Estate is Red Hot
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- a Dilworth street Charlotte NC
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- Dilworth home Charlotte NC
We looked at the last 6 months of home sales, from November 1, 2012 to May 15,2013
Currently there are 29 homes on the market, they average 3105 sf with an average list price (LP) of $816,255, or $262/sf
Since November 1, 44 homes sold in Dilworth, and the average sold home was 2,584 sf, for an average sales price of $586,185, or $229/sf, with an average of 97 days on market. Note the spread between average Ask (LP) and and Sold. With just a 4 months supply of homes, this is categorized as an average Sellers Market. But is it?
Of the 44 sales, the range is from (pre-retro) $120/sf to an eye popping $338/sf- the top 20% -9 homes, begins at $262/sf on up to 338/sf, the bottom 5th from $120-$198/sf.
There is velocity here with 30% under contract in under 30 days, 7 homes, 16% Under Contract in 3 days or less, while 28% sold Over LP… this market is red hot and is a strong Sellers market.
Listing Agents now is the time to remember who you represent- don’t be shy! Buyer agents, let your Buyers see the value here.
See More Dilworth Homes for Sale
See More Dilworth Homes- Pictures
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Cornelius Real Estate Market Update May 2013
May 14th, 2013 Categories: Cornelius
Cornelius, NC
Market is up, even as waterfront lags behind.
Home prices edged up year over year 2%*, and the number of home sales was WAY WAY UP at 70%!
As we dig into the numbers, I found Cornelius at Lake Norman is like most lake communities- there are really two markets, the waterfront market , and all the rest.
Waterfront Homes at 2005 Prices
After rising in 2012 to sold prices of 255/sf, they have fallen in sales since 2013 to 233/sf
representing an 8.6% drop in price per square foot. A buyer would have to go way back to 2005 to find waterfront homes at Lake Norman for so little!
What it explains it? Supply and demand, the demand for Lake Norman Waterfront is still below peak levels in the 2000′s. The top quartile ranged from $266/sf to $366/sf… three homes sold over $300/sf
The least expensive waterfront? The bottom quarter ranged from$145 to $203/sf
Non- waterfront homes, everything else, were up over 2% year over year (2/1/13 to 5/11/13)
*Home price data is derived from the Carolina MLS for the period 2/1/13 through 5/11/2013
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Ballantyne Country Club Market Update
May 12th, 2013 Categories: Ballantyne Country Club, Community Reports
Ballantyne Country Club forms the core of what is becoming known as the “Ballantyne Area” which now includes most of 28277, really the south by southwest corner of the county, bordered by Providence Road almost to Pineville. Here is the map view
Here’s the 2013 Ballantyne Homes Sold* Data,
January 1st through May 10th, 2013 there were:
3 Homes sold over $185/sf and 2 Homes sold at $127/sf… What’s the difference? The home buyers are seeing things you may not be able to online, but they include:
- Lot size, location and street location
- Home features- in total and in detail
- Overall quality of finish, from a foreclosure that might need all new carpets and paint, to one tastefully decorated, and move in condition
- Special features- large outdoor grill areas and patios, swimming pools, etc
And there are more too, just too many to list. The average List price is $175/sf, while the average home sold price is $160/sf for the year.
Here are 10 new homes for sale in Ballantyne Country Club
Showing properties
1 - 10 of 26.
See more Real estate in the Ballantyne Country Club community.
(all data current as of
5/20/2013)
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$584,500 : 10820 Lederer Avenue, Charlotte4 beds, 3 full, 1 part bathsMLS #: 2152226Status: Active
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$2,125,000 : 14617 Rudolph Dadey Drive, Charlotte6 beds, 6 full, 4 part bathsMLS #: 2149493Status: Active
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$870,000 : 11296 Ballantyne Crossing Avenue, Charlotte5 beds, 4 full, 1 part bathsMLS #: 2148703Status: Active
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4 beds, 4 full, 1 part bathsMLS #: 2148086Status: Active
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$1,225,000 : 11705 Smart Lane, Charlotte6 beds, 5 full, 1 part bathsMLS #: 2148131Status: Active
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$1,150,000 : 14603 Villalonga Lane, Charlotte5 beds, 5 full bathsMLS #: 2144330Status: Active
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$649,000 : 11915 John K Hall Way, Charlotte5 beds, 3 full, 2 part bathsMLS #: 2136720Status: Active
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$600,000 : 10719 Old Wayside Road, Charlotte4 beds, 3 full, 1 part bathsMLS #: 2143100Status: Active
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$1,450,000 : 14280 Nolen Lane, Charlotte5 beds, 4 full, 2 part bathsMLS #: 2142956Status: Active
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5 beds, 4 full, 1 part bathsMLS #: 2142760Status: Active
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Terry is a luxury home agent with Wilkinson and Associates ERA Powered. All relocation companies are welcome, MetLife transferrees we are approved! Call today at 704-351-1519
* All data is derived from the Carolina MLS.
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Wells Fargo Golf Tournament
May 6th, 2013 Categories: About Charlotte, Things To Do Charlotte
Charlotte, NC
Derek Ernst Delivers!
Despite the rain, cold and poor condition of the greens, the Wells Fargo PGA Golf tournament, like Derek Ernst delivered. Approaching the 18th hole Friday
This area (the 18th) is a great place to park your chair early, and wait for the players to arrive.
Derek Ernst is a household name now, but no one, except possibly his Mom and girlfriend, knew much about him on Wednesday, the day before the tournament began. The 4th alternate had just heard the good news 6 days earlier that he was invited to play at Quail Hollow. On Thursday and Friday, he was the precocious young player, playing over his head, and the one sure to fall in the high pressure sweepstakes of weekend play in the PGA. Or so we were told. His rental car story was the big story.
But he didn’t fall, he didn’t waiver. He stayed in control of his emotions, and with that his game. Sunday, the most magical of days in the PGA, in a full day of cold and often drenching rain, Derek Ernst shot a 70- his 2nd best round of tournament play on Sunday, and capped it with a magnificent Birdie on 18 to send it to a sudden death playoff.
Asked afterwards, he seemed more excited about being able to play in every PGA Tournament for the next two years… but his $1.2M in winnings, even $600,000 after taxes, won’t be overlooked.
I love this most democratic and meritocratic sport.
Way to go Derek!
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Terry’s Top Ten Reasons for Moving to Charlotte
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Charlotte Things To Do| Bike Charlotte
May 3rd, 2013 Categories: Things To Do Charlotte
I’d like to Call it Bike Week, like Shark Week, but it is two weeks of biking Celebrations in 
Charlotte, NC that began April 26.
Bikes and Passengers Ride FREE on CATS Buses and Lynx Trains- May 5-11th
Any passenger with a bike rides free on any CATS Bus or Lynx rail line from May 5- 11th. What a great way to get Uptown or around town…rack and ride for free!
Here are just a few of the biking events taking place this weekend:
Saturday- 10 am Ultimate Bicycle Social Ride at McAlpine Creek Greenway. Contact Mike at UltimateBike dot com.
Saturday 12 noon – Kids learn to Mountain Bike at Colonel Francis Beatty Park- Intro and Ride, Contact Patrick, Sun and Ski, 704-246-1930
There are many more events and venues on Saturday and Sunday, from Davidson to Little Sugar Creek, The Whitewater Center and Madison Park. For a complete list of activities each day visit BikeCharlotte
Speed Week, a southeastern US racing tour makes its Charlotte debut in downtown Belmont Saturday May 4, 2-7. Saturday’s race is drawing professionals and olympic hopefuls from around the world, and is one race in an 8 race 10 day series taking place in NC, SC and Georgia. Part of the US Crits Speed Week, short tracks, with many laps and a $125,000 purse to the circuit winner, this race alone could draw several thousand spectators to downtown Belmont.
Don’t have your own bike? The you can take advantage of Charlottee’s Bike Share program, Charlotte B Cycle- free for up to 30 minutes of rental daily, $ 8/24 hours, and annually? It costs $65/year to rent quality bikes with baskets. You can rent the blue bikes from any of the 20 rental stations throughout the city located near Lynx stops, the bus station an as far as Johnson C Smith University, and return them to any station. Try them for up to 30 minutes for free!
For more on the two weeks of biking celebrations, visit Bike Charlotte at www.BikeCharlotte.org
For more on the City of Charlotte’s Biking Policy, visit here More bike lanes, more greenways!
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Congratulations Mayor Foxx!
April 29th, 2013 Categories: Charlotte News and Real Estate
Or maybe we should just call him Mr. Secretary. It seems Rising Star is already taken…
Mayor Foxx has made some important friends. Beginning with his early support of then candidate Barack Obama in 2007, Mayor Foxx became a regular visitor and friend of the White House. Instrumental in the winning 2008 North Carolina campaign for the President, he stayed in touch and was able to lure the Democratic National Convention to Charlotte in 2011.
This would not have happened without White House approval of the city, and that happened because of our Mayor’s persistent lobbying on behalf of Charlotte.
A flawless convention helped seal the deal.
His legacy is only partially complete here, but as the next leg of the Blue Line starts, it will be because of his efforts. That alone would be enough, but now as Secretary of Transportation, he may be able to do even more for the city of Charlotte, and all of America’s cities. As a Mayor, he appreciates infrastructure.
Congratulations Mayor! We will miss you.
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Myers Park Update
April 27th, 2013 Categories: Myers Park
The market is brisk in Myers park this spring. Prices moving up, inventory down, and Days on Market for the best? 1/3 of the 19 sales last month (3/25 to 4/25/2013) were on the market less than 30 days. The average home was listed for $765,000 and sold for $765,000 or $257/sf.
We have a bunch more on Myers Park!
More than 60 Myers Park area pictures on our Facebook page
Like to take a virtual visit? One of my first videos, before narration, still popular on YouTube
Call Terry for help at 704-390-6221
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