Charlotte Housing Shows Monthly Gains

Friday, May 8, 2009, 12:17pm EDT

The Charlotte Business Journal reports the number of residential real estate closings in the Charlotte region grew 6.1 percent in April from March, according to the Charlotte Regional Realtor Association.

The average sales price increased 5.2 percent.

There were 1,773 closings in April, up from 1,671 in March.

The average sales price rose to $201,352 from $191,433.

However, closings and sales prices are down significantly from a year ago.

Last month’s closings fell 26.1 percent from April 2008, when there were 2,400 closings. The average sales price dropped 9.1 percent from $221,497 a year ago.

The average listing price of houses sold last month ($228,550) was down 2.8 percent from April 2008’s average list price of $235,127. However, it increased 5.7 percent from March’s list price of $216,135.

                                                                            ###

Chrystal grew up in nearby Kannapolis and moved to Charlotte to attend college at the University of North Carolina at Charlotte.  There she met and married her college sweetheart and has made Charlotte her home ever since.  After several years as landlady, managing her own rental properties, Chrystal made real estate consulting her career and enjoys her area of special interest, excellent client care.  As MASTERS DESIGNATION holder from the Allen Tate Companies, she is a specialist in New Construction, Finance, Marketing, Objection Handling, Relocation, and Technology.  Licensed in North and South Carolina, she is ready to meet your real estate investing or liquidating needs.  Contact her for all your real estate needs at 704.562.1030.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s