The real estate inventory in Charlotte NC’s Cameron Wood neighborhood has declined once again to a 7.1 month supply of homes for sale as of late May 2010.
Despite another decline in Cameron Wood real estate inventory (to just above balanced real estate market conditions), under contract activity has dropped to just one listing right now, and that indicates a slowdown in the pace of home sales coming in the short term.
The 19 available Cameron Wood homes for sale in Charlotte NC are priced from $225,000 to $440,000. To view the available neighborhood real estate listings – Cameron Wood Neighborhood Homes for Sale in Charlotte NC
The busiest price point for available Cameron Wood homes is at the low $200’s but the sold activity hasn’t been as high, and the low $200’s actually have a 16 month supply of homes for sale right now – more than double the Cameron Wood neighborhood real estate inventory.
The 16 recently SOLD Cameron Wood real estate listings…..
– had an average sales price of $295,959 (range was $170,000 to $391,000)
– spent an average of 98 days on the market before going under contract (range was 7 days to 303 days)
– sold for an average of 94% of the Original List Price (range was 86.7% to 98.2%)
– seller paid closing costs from $4,000 to $7,100 were included in 9 of the 16 recent Cameron Wood real estate sale
Cameron Wood is a South Charlotte neighborhood of single family homes, located between Park Rd and Carmel Rd. Home were built from the 1980’s to early 2000’s and include Ranch, 1.5 story as well as 2 story homes. Cameron Wood also has a swim and racquet club membership option (membership fees apply) with pool, clubhouse and tennis courts.
Copyright©2010 by Diane McDermott, All Rights Reserved, “Cameron Wood Neighborhood Real Estate Market May 2010″
*Data based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.