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Charlotte NC Real Estate April 2010 Sales Trends
Charlotte NC Real Estate April 2010 Sales Trends
SALES TRENDs
Realtor® Reflections revised the explanation for Days On Residential contracts reported
Market (DOM) and added a new chart and explanation
1,000 1,500 2,000 2,500 3,000
for List to Close in 2009. Reflections also added a new
feature to the Sales Trends pages, “County Spotlight,” F 1,712
which tracks average sales price and closing data for each
M 2,028
of the counties in the Carolina Multiple Listing Services,
Inc. (CMLS) 10-county service area. Prior to October A 2,269
2009, Reflections included a total Active Listings figure, M 2,350
which included “Contingent,” “Conditional,” “Active”
and “Pending” listings. Starting with November 2009, J 2,167
the On-Market Listing figure includes “Contingent,” J 2,341
“Conditional” and “Active” listings only. Reflections always
A 2,434
seeks reader comments and ideas. Please contact
Natalia Russo at natalia.russo@carolinahome.com if you S 2,199
would like different data charted in this section.
O 2,400
N 1,645
List to close D 1,466
2009
J 1,833
Of reported home sales that closed from 2010
F 1,954
April 6, 2010 through May 5, 2010, 44
percent closed in 121 days or more; 14 M 2,498
percent closed between 91 and 120 days; A 2,988
19 percent closed between 61 and 90 days;
and 23 percent closed in 60 days or fewer. Contracts reported from April 6, 2010 through May 5, 2010 increased 31.7 percent
Percentages are rounded to reflect 100 over the same period a year ago..
percent. Average list to close: 147.7
F 1,348
418
M 1,671
A 1,773
978 M 1,912
J 2,024
428
J 2,223
A 2,221
306 S 1,945
O 2,210
N 2,000
0-30 91-120
D 1,527
31-60 121+ J 1,363
2009
61-90 F 1,397
2010
M 1,900
Listing and Sales Prices (April 6, 2010
through May 5, 2010) The average listing A 2,220
price of solds was $225,108. The average Closings reported from April 2010 through Jan.
Dec. 6, 2008 May 5, 2010 decreased
increased 25.2
47.2 percent
percent
sales price was $201,410. when compared to the same period a year ago.
F $182,865 5.50
M $191,433
5.42
A $201,352
M $199,243 5.25
5.25
J $218,728
J $212,977
5.14
5.14
A $209,245
5.04
5.06
5.00
5.05
5.03
S $196,760
4.91
4.98
4.99
O $196,204
N $195,244
4.75
4.78
4.78
D $211,705
J $200,592
F $191,288
2009 4.50
M $197,564
A M J J A S O N D J F M A
A $201,410 2010
2009 2010
The average closing price from April 6, 2010 through May 5, 2010 increased
less than 1 percent when compared to the same period a year ago. Source: Freddie Mac, Primary Mortgage Market Survey, 30-Year Fixed Mortgage Rate, compilation of Weekly Surveys
CLOSED On Market
100 200 300 400 500 600 700 800 1,000 2,000 3,000 4,000 5,000 6,000
Days on market
Of reported home sales that closed from April 6, 2010 through May 5, 2010, 36 percent came under contract in 121 days or
more; 9 percent came under contract between 91 and 120 days; 15 percent came under contract between 61 and 90 days;
and 40 percent came under contract in 60 days or fewer. Percentages are rounded to reflect 100 percent.
Average days on market: 122
484
0-30
31-60
807
61-90 Data on these pages comes from Carolina Multiple
Listing Services, Inc. The information may be
91-120 395 subject to errors and should be verified by the
user. Additional market activity data is available
121+
for members at www.Carolinarealtors.com.
This information/data is for counties in the CMLS
209 325 service area, but the CMLS information/Data also
includes listings outside the service area, which
CE-RR-HalfPg4C.pdf 5/7/09 2:30:15 PM are included in the compilations.
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