Charlotte Real Estate Updates-August 25- Reporting From Lake Wylie
August 25th, 2008 Categories: Real Estate News
Lake Wylie-Southwest Charlotte- the Fastest Growing Region in Charlotte
Charlotte NCÂ Â It’s Lake Wylie week, all week long. Check out my new map of Lake Wylie on the left, try the larger view and visit some of the places and you’ll find links to all things in the Lake Wylie area. Is being updated all the time so check back often. Am I missing something? Please let me know!
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Home Sales in Lake Wylie
Last 7 days home sales- 11 went Pending (New Contracts) and 12 Homes Sold and closed,
Last 30 days home sales -46 went Pending, and 50 Sold, median price of $366,457, Cost per SF of $145
In The Palisades, 7 homes went Pending, 3 Sold and Closed in the last 30 days.
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Charlotte Home Sales
The last 7 Days of Charlotte Home Sales- 672 went Pending, 657 Sold and Closed
The Last 30 Days of Charlotte Home Sales- 1930 went Pending, 2795 Sold, median sales price of 231,488 or 115/sf
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Other Charlotte Real Estate News
Foreclosure filings increased dramatically in June, according to Realty Trac. North Carolina ranks 25th amon the states with one foreclosure for every 936 North Carolina households. Filings more than doubled year to year (June ‘07 to June ‘08) in Mecklenburg County.
A Tale of Two markets – Or Three
92% of the last month’s home sale were for under $500,000. This is an improvement, from the 94% we saw earlier in the summer. Clearly the more “affordable” under $500K market is considerably stronger than the $500K and up.
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Matthews Alive, a family favorite, is coming to Matthews this Labor Day weekend, and more than 100 vendors, and 200,000 visitors are expected.
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Moving to Charlotte? Like more information about Charlotte?
It is a strong buyers market here in the greater Charlotte area. Thinking about moving to Lake Wylie? Lake Norman? Or Charlotte? You can quickly compare area prices with the links below, or just give me, Terry, a call at 704-351-1519. I am a Buyer’s Agent specializing in relocations and 2nd homes–and will represent only you.
Related Links
Charlotte Home Search -By Area
June 2008 Home Sales Report
A Waterfront Beauty at Reflection Pointe
Moving To Charlotte? Like a Good Introduction to the Area?
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