Real Estate Market in South Charlotte 28226 October 2016

 How many homes are for sale and what does the real estate activity look like for homes in the 28226 zip code in south Charlotte:

There are 110 Available single family homes for sale in this area of south Charlotte priced from $149,000 to $5.2 million with an average list price of $852,337.

83 homes are currently Under Contract and those homes have an average List Price of $519,650.

In the past THREE months, there have been 157 successfully Closed real estate listings  in the 28226 zip code with an average SALES price of $481,432.

28226-snapshot-oct-2016

Recently SOLD homes are still the biggest piece of all real estate activity in this area of south Charlotte. Conditions remain in a Seller Favored Market.

The amount of options for Buyers is still very LOW, with just 35% of Available homes are priced Under $500k.

 

The supply of homes for sale is at 2.1 months of real estate inventory this month, that’s well Below Balanced market conditions (balanced market conditions are around a 6 month supply)

For home buyers considering the 28226 area of south Charlotte, there ARE options at a variety of price points, there are also other buyers considering those homes and inventory remains very low! Being a Certified Pre-Approved Buyer is a must these days.

We hope this update on real estate activity in South Charlotte’s 28226 zip code has been helpful. Questions? Email Charlotte’s Best Buyers Agent at dmcdermottcharlotte@gmail.com and I’ll be happy to assist!

Create your own custom home search (updated daily from MLS): Search Charlotte NC Area Homes for Sale

Copyright©2016 by Diane McDermott, All Rights Reserved, “Real Estate Market in South Charlotte 28226 October 2016″

*Data and statistics based on zip code 28226 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

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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
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