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Dilworth Homes For Sale|Charlotte Update

May 16th, 2013 Listed Under: Dilworth


Charlote NC

Dilworth Real Estate is Red Hot

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. 

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Terry McDonald
I'm the owner/team leader of The McDonald Group at Wilkinson and Associates ERA Powered real estate brokers here in Charlotte NC. A transplanted Washinghtonian, my family and I came from the NYC area in 1993.
Terry McDonald
Terry McDonald

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The McDonald Group
Wilkinson and Associates ERA Powered
8604 Cliff Cameron Dr ST 110
Charlotte NC 28269
704-390-6221 Cell
704-393-0048 Office
Licensed in NC & SC
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ERA Luxury Home Certified
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