Charlotte NC Real Estate Market Report - December 2009

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Real Estate Broker with www.AtHomesCharlotte.com | Savvy + Company Real Estate 228209

Charlotte NC Real Estate Market Report - December 2009

Charlotte NC MLS Area Map

The Charlotte NC housing market continues to show a slow but, steady improvement.  December sales continue to be primarily in the $250K and under market, allowing our second-time home buyers to move up as well.

Charlotte's  local economy also appears to continue the recovery trend that began in Q2, 2009.  Mecklenburg County Charlotte NC expanded 11,500 jobs which was a 15% year-over-year increase from 2008.  This, during the worst recession in many years, is nothing short of commendable!  FORTUNE Small Business Magazine named Charlotte NC the 7th best place to launch a business due to our stabalizing local economy incuding improvement in jobless rate.   This is demonstrated by several companies in recent months making the decision to headquarter or expand their businesses in Charlotte NC including Electrolux, Premier Global Healthcare, Tolt Service Group, NACA, Zenta and Albert's Organics among others.

 

The  $8,000 Federal Tax Credit for First Time Home Buyers has been extended, with an added incentive for current homeowners.  The increase in sales of the average-priced homes in Charlotte NC ,  is indicative of the surge in first-time home buyers, affording first- and second-time home sellers the ability to move up (as per the Charlotte NC MLS data here).  

 

Homes Closed in Charlotte NC Nov 2009


Average Days from Contract to Close
Charlotte NC Home Sales

Contract to Close Charlotte NC

**Data provided by CMLS is deemed reliable but, not guaranteed.


Should you be searching for or selling a home in the Charlotte NC area, we would love to assist you.  Our team has many years of experience in the area to share with you and would be happy to assist you with your Charlotte NC real estate needs.

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Topic:
Real Estate Market Trends
Location:
North Carolina Mecklenburg County Charlotte
Groups:
Charlotte North Carolina Area
Local Expert
Market Reports
North Carolina Real Estate
Posts to Localism
Tags:
charlotte nc real estate market report
charlotte nc real estate
charlotte nc economic status

Comments 13 New Comment

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Rainmaker
556,060
Cherise Selley
Colorado Springs Realtor
Selley Group Real Estate, LLC

Debe...thanks for the reports...slow, but steady seems to be gaining momentum throughout pocket areas of the US...

December 29, 2009 10:40 AM
Ambassador
650,152
Sheldon Neal
That British Agent Bergen County NJ
Bergen County, NJ - RE/MAX Real Estate Limited

Wow increases in jobs by that amount is extremely positive for Charlotte - great job keeping the positive news going to your local audience Debe !

Happy New Year and best wishes to you and your family :o)

December 29, 2009 11:08 AM
Rainmaker
441,917
Joseph D. Federico
Eastern Massachusetts Real Estate
Donahue Real Estate Co.

Debe-As always a informative post about the Charlotte market. Have a Happy & Healthy New Year.

December 29, 2009 12:29 PM
Ambassador
717,457
THE TRAILBLAZER TEAM Asheville 1031
Knowledge,Insight, Industry Know-How. Happiness
Asheville 1031 Realty

Debe~ 

Your post gave me a Big Smile today. First because of the graphic design...just really wonderful...but even more so because you wrote, " The Charlotte NC housing market continues to show a slow but, steady improvement.."

December 29, 2009 02:16 PM
Rainmaker
971,166
Sharon Alters
Your Fleming Island Relocation Agents.
Coldwell Banker Vanguard Realty

Debe, this is an outstanding interpretation of the Charlotte NC economic climate as well as the overall real estate market. The visuals really cement the copy.

December 30, 2009 09:12 PM
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Debe Maxwell

Charlotte Homes for Sale - Charlotte Neighborhoods
Have questions about Charlotte? How may we help?
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Additional Information

Author Bio: Debe Maxwell is a Certified Residential Specialist in the Charlotte Metro region with a focus on the Charlotte luxury home market. My team of agents each have their own specialty areas, a benefit to anyone buying a home in Charlotte NC.

 

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