Southeast Charlotte NC Single Family Real Estate Update February 2014

The 325 Available homes for sale in Southeast Charlotte NC (LOWER than last month) are priced from $25,000 to $6.9 million, with an average list price of $481,940

To search and view available homes for sale (No registration required)Search Charlotte NC Homes and Real Estate Listings

195 area real estate listings are currently Under Contract (HIGHER than last month) and those homes have an average list price of $341,753

Over the past six months, 586 listings have successfully closed, with an average SALES price of $311,796

Recently Sold activity remains the biggest piece of area real estate activity

Available real estate listings (choices for Buyers) were DOWN for the 5th straight month.

Under Contract activity INcreased since last month.

area 4 snapshot feb 2014

The Pending Sales and Recently Sold activity combined make up 71% of all area real estate activity as of February 2014.

The real estate inventory level in Southeast Charlotte was just about equal into February 2014 with a 3.3 month supply of homes for sale (that’s BELOW Balanced conditions which would be around a 6 month supply)

The current supply of homes for sale is LOWER than this time last year.

This is now the 20th straight month with inventory below balanced supply! Even into the spring there was NOT been a big jump in the supply of homes for sale in Southeast Charlotte.

Overall real estate market conditions are Under Balanced conditions – out of Buyer favored territory – there is not an oversupply of homes on the market right now.

area 4 inventory feb 2014

There ARE still available options for home buyers considering the Southeast Charlotte and Matthews NC area at a wide variety of price points from Under $100k to more than $6 million.

Whether any of those homes meet your needs as a buyer….only you can decide. But for Buyers considering Southeast Charlotte – YOU are not the only buyer in the market right now!

We hope this real estate update for Southeast Charlotte NC has been helpful. Questions? Email me at dmcdermottcharlotte@gmail.com and I’ll be happy to assist!

To enter your own home search criteria and view available homes for sale, NO registration required: Search Charlotte NC Area Homes for Sale

Southeast Charlotte NC includes neighborhoods such as Elizabeth, Lansdowne, Stonehaven, Beverly Crest, Providence Plantation, Cotswold, Chantilly, Eastover, Providence Commons, Bishops Ridge and many more. In addition to Charlotte, the town of Matthews is also included in this area of Mecklenburg County NC.

To view the current homes for sale in some of Southeast Charlotte NC’s neighborhoods:

Homes for Sale in Providence Plantation Charlotte NC

Homes for Sale in Cotswold Charlotte NC

Homes for Sale in Chantilly Charlotte NC

Homes for Sale in Eastover Charlotte NC

Homes for Sale in Beverly Crest Charlotte NC

Homes for Sale in Providence Commons Charlotte NC

Homes for Sale in Bishops Ridge Charlotte NC

Homes for Sale in Lansdowne Charlotte NC

OR to enter your own search criteria, NO registration requiredSearch Charlotte NC Area Homes for Sale

Copyright©2014 by Diane McDermott, All Rights Reserved, “Southeast Charlotte NC Single Family Real Estate Update February 2014″

*Data and statistics based on Area 4 single family information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.

The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in Charlotte NC’s real estate market serving neighborhoods in Charlotte NC

Search Charlotte NC Area Homes for Sale

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About dianemcdermott

Diane is deeply passionate about serving single and divorced women home buyers, first time home buyers and new to the area buyers navigate the Charlotte area home buying process. Having recently navigated separation and divorce she has deep respect for the stress of transition and need for a home living situation that supports and nurtures. She connects and guides clients as they navigate the home buying process, transitioning to a space they'll love calling home. Landis E2 Real Estate LLC
This entry was posted in Charlotte NC Real Estate Market Reports, Real Estate and tagged , . Bookmark the permalink.

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