January 2009 Real Estate Market Activity

Single Family List Prices

Area Count Low High Average 01 – Mecklenburg County (N) 1408 $19,900 $2,544,633 $258,963 02 – Mecklenburg County (E) 1079 $19,900 $1,100,000 $185,918 03 – Mecklenburg County (SE) 630 $48,000 $1,397,450 $242,245 04 – Mecklenburg County (SSE) 797 $38,000 $5,100,000 $500,162 05 – Mecklenburg County (S) 1222 $89,900 $7,890,000 $736,340 06 – Mecklenburg County (SSW) 414 $38,900 $1,450,000 $322,586 07 – Mecklenburg County (SW) 502 $13,900 $1,799,340 $190,771 08 – Mecklenburg County 628 $14,900 $3,900,000 $131,686 09 – Mecklenburg County (NW) 800 $26,900 $2,950,000 $209,236 10 – Union County 2646 $27,000 $4,850,000 $432,308 11 – Cabarrus County 1751 $19,900 $2,800,000 $285,561 12 – Iredell County 1145 $14,000 $9,000,000 $239,674 13 – Lake Norman 1587 $32,900 $10,500,000 $727,061 14 – Lincoln County 519 $15,000 $1,575,000 $214,542 15 – Lake Wylie 529 $56,900 $3,200,000 $602,960 1  of 3

 

Condo/Townhouse List Prices

Area Count Low High Average 01 – Mecklenburg County (N) 367 $49,900 $559,000 $172,228 02 – Mecklenburg County (E) 298 $27,500 $699,000 $156,348 03 – Mecklenburg County (SE) 163 $29,900 $550,000 $160,303 04 – Mecklenburg County (SSE) 252 $50,400 $1,778,000 $310,505 05 – Mecklenburg County (S) 855 $59,900 $2,099,000 $362,636 06 – Mecklenburg County (SSW) 369 $20,000 $2,115,000 $235,806 07 – Mecklenburg County (SW) 139 $55,000 $449,900 $160,901 08 – Mecklenburg County 107 $25,500 $932,000 $199,623 09 – Mecklenburg County (NW) 70 $65,500 $359,900 $136,066 10 – Union County 110 $94,900 $285,000 $158,809 11 – Cabarrus County 111 $47,900 $895,000 $173,615 12 – Iredell County 140 $68,000 $475,000 $182,829 13 – Lake Norman 227 $42,500 $1,700,000 $340,215 14 – Lincoln County 22 $118,900 $269,900 $204,500 15 – Lake Wylie 77 $74,900 $387,000 $203,816 1 of 2

 

MultiFamily List Prices

Area Count Low High Average 01 – Mecklenburg County (N) 6 $65,875 $1,100,000 $273,429 02 – Mecklenburg County (E) 23 $42,500 $5,450,000 $381,678 03 – Mecklenburg County (SE) 8 $79,900 $1,625,000 $360,975 04 – Mecklenburg County (SSE) 21 $49,500 $1,200,000 $208,438 05 – Mecklenburg County (S) 6 $255,900 $1,180,000 $622,616 06 – Mecklenburg County (SSW) 10 $93,000 $625,000 $212,340 07 – Mecklenburg County (SW) 7 $47,500 $104,500 $84,385 08 – Mecklenburg County 20 $39,900 $3,876,000 $588,404 09 – Mecklenburg County (NW) 2 $105,900 $649,900 $377,900 10 – Union County 5 $124,900 $1,299,000 $387,720 11 – Cabarrus County 19 $57,460 $1,450,000 $338,866 12 – Iredell County 11 $59,500 $2,000,000 $346,836 13 – Lake Norman 2 $239,000 $899,900 $569,450 14 – Lincoln County 3 $114,900 $487,600 $345,733 16 – Gaston County 29 $39,900 $1,499,000 $295,969 1 of 2

 

Lots and Land List Prices

Area Count Low High Average 01 – Mecklenburg County (N) 177 $6,000 $7,990,875 $458,168 02 – Mecklenburg County (E) 110 $13,900 $3,870,000 $333,293 03 – Mecklenburg County (SE) 235 $12,500 $4,480,000 $263,010 04 – Mecklenburg County (SSE) 82 $23,500 $1,999,900 $304,653 05 – Mecklenburg County (S) 135 $24,900 $2,500,000 $418,414 06 – Mecklenburg County (SSW) 29 $22,500 $495,000 $248,741 07 – Mecklenburg County (SW) 57 $9,900 $2,000,000 $329,616 08 – Mecklenburg County 95 $6,700 $2,058,228 $177,598 09 – Mecklenburg County (NW) 110 $8,900 $7,140,000 $278,660 10 – Union County 842 $7,500 $20,000,000 $327,622 11 – Cabarrus County 556 $7,500 $20,800,000 $389,483 12 – Iredell County 907 $3,990 $10,081,500 $240,467 13 – Lake Norman 1364 $15,000 $8,167,110 $223,002 14 – Lincoln County 777 $7,000 $2,999,900 $77,581 15 – Lake Wylie 505 $10,000 $3,900,000 $270,444 1 of 3

                                                                *information current as of 01/25/2009

For more specific information, including information on your changing neighborhood values, or an expert evaluation of the current real estate snapshot of the Greater Charlotte Area, contact me: chrystal.safari@gmail.com   I am at your service.

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