Charlotte, NC Real Estate News

By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
SouthPark Market Report - JAN 2023  SouthPark is a prestigious address that offers wonderful proximity to everything Charlotte. We have something for everyone here in this wonderful community. Read more about SouthPark neighborhoods here. Three zip codes make up the SouthPark area including 28210, 28211 and 28226. There is a small area of SouthPark (in which Barclay Downs is located) that is located in zip code 28209 (not included in this data due to skewing with the inclusion of Myers Park in the 28209 zip code). Here is the link to the Barclay Downs housing report for this month.  To pinpoint the SouthPark area by map, click the map below:   SouthPark home sales continue to reflect that our community remains a hot spot to land when moving to the Charlotte Metro area! Here are the late...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Royden (SouthPark) Market Report - JAN 2023 This popular luxury neighborhood, situated in the heart of SouthPark, is approximately 2 miles from Quail Hollow Country Club, nearby Carmel Country & Myers Park Country Clubs and Cedarwood Golf Club is within close proximity as well.  Of course, if you’re into shopping and dining at fine restaurants, you will love the location, near SouthPark Mall and the mall’s surrounding fabulous restaurants.   Royden residents also enjoy the convenience of the Arboretum and it’s central location to all of Charlotte’s premier private schools.  This neighborhood boasts top-ranked public school assignments as well. How’s the market faring in popular Royden neighborhood?   The average price per square foot in Royden is $345.    Average days on the market in R...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Market Report JAN 2023 - How's the Real Estate Market in Providence Springs?   Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market - low turnover year-after-year.  Some years, there are more relocation sellers than others and we are seeing a bit of a slow down in the relocation business this year. The economy continues to recover, as our Providence Springs market improvements continue to show.  If you're a buyer, interested in a fabulous, neighborly community on the NORTH side of Highway 51 in a great school zone, visit www.ProvidenceSpringsInfo.com for more information on this popular Charlotte luxury community.  We know that you won't be disappointed!Here are the current real estate market stats for Providence Sprin...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Myers Park Charlotte Real Estate Market Report JAN 2023Daily, we are asked, "So, how's the real estate market doing in Charlotte?"Quite often, we are asked specifically about our well-known, popular, historic communities, including Myers Park.   Myers Park is one of Charlotte's communities that continuously stands the test of time when it comes to housing appreciation. Even as the city endured the days, weeks, months, years of The Great Recession, Myers Park was one of the neighborhoods that didn't feel the depth of depreciation/devaluation that many of the Charlotte neighborhoods experienced.  In 2023, the Myers Park real estate market will, undoubtedly, continue to be in demand to both relocation buyers and to those moving within the area. Below is the current market snapshot of the M...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Ballantyne – Blakeney Neighborhood Market Update JAN 2023– MITCHELL GLEN Popular South Charlotte neighborhood in top-ranked school zone offers wonderful amenities with LOW HOA DUES. Amenities include recreation area, playground and pond. Sales in Mitchell Glen continue to show an incredibly strong market. Average sales prices remain some of the strongest in the area. Days on the market are just 5 days and there are currently no homes in Mitchell Glen that are actively being marketed - no active, coming soon listings or any currently in Escrow at the moment.Here is the Ballantyne – Blakeney Neighborhood Market Report from November, 2022 final data -  MITCHELL GLEN: Current Average Sales Price in Mitchell Glen ($539,889)  Mitchell Glen's Average Days on the Market - 5  Average List-to-Sal...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Latta Pavilion (DILWORTH) Market Report - JAN 2023 Latta Pavilion, located at 1320 Fillmore Avenue, right in the heart of Dilworth. Latta Pavilion is nestled just off of East Boulevard, between Scott Avenue & Kenilworth Avenue.  Wonderful luxury condos range in square feet from 700 to 2,200, boasting spacious bedrooms with large walk-in closets, great storage space and great space for entertainment.  The kitchens feature upgraded cabinetry and granite countertops, maple hardwoods and high-profile lighting. Latta Pavilion offers secure, underground parking with plenty of parking for guests. Relax in the center courtyard with patios and lush landscaping. Stay in for the evening and enjoy the rooftop lounge or step out of your private retreat and into everything Dilworth! Looking for a won...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Highgrove Market Report JANUARY  2023 (South Charlotte)  Charlotte, NC - Highgrove Neighborhood Developed in the late 90's and completed mid-2000 by Crescent Communities, the Highgrove neighborhood is situated in the core of South Charlotte's Ballantyne Community.  Homes in the Highgrove neighborhood sell from roughly $890,000 to $1,400,000+ with heated living space in the vicinity of 3,000 and 7,000+ square feet with 2-3-car garages (generally 3-car garages). The homes in Highgrove are situated on good sized parcels, many having their own swimming pools with plenty of room to spare (in the vicinity of 0.25 and 0.6 acre lots). Built by famed local home builders such as Cyras Homes, Simonini, John R. Poore, Regal Custom Homes, Dienst Custom Homes and Kingswood, the community is not your ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Foxcroft (SouthPark) Market Report JAN 2023 This one-of-a-kind neighborhood is considered one of Charlotte’s most desirable.  Homes for sale in Foxcroft are surrounded by mature trees and gorgeous landscaping.  Towering trees canopy the driveways and streets throughout the neighborhood as the old oaks just seem to envelope you as you drive through the lush, green community--and now, as fall is well underway, you will see lovely autumn colors with the foliage change - it's simply stunning!  If you're looking for homes for sale in Foxcroft Charlotte NC, we are here to help. Phone or text us @(704) 491-3310 for more information regarding this wonderful community (in a primo location in SouthPark) or if you'd like to tour one of the lovely homes for sale in Foxcroft. Foxcroft Charlotte NC m...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Historic Community Elizabeth Market Report | Charlotte NC – JAN 2023 About Elizabeth The Elizabeth neighborhood was home to department store magnate William Henry Belk, and the city’s first neighborhood movie theater, The Visulite, a popular night spot in Elizabeth which continues to feature live music nightly. New shops, up-scale restaurants and revitalization along Elizabeth Avenue has created a trendy Charlotte NC hot spot which attracts many visitors to the Elizabeth community. Needless to say, in most markets,homes do not stay on the market long in Elizabeth. Favorite local spots in Elizabeth Charlotte NC – All are just a stone’s throw away from homes in Elizabeth including:Hawthorne’s NY Pizza | 1701 E 7th ST | 704-358-9339 La-Tea-da’s | 3401 Commonwealth AVE | 704-338-6864The Fig...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Reavencrest Neighborhood in Charlotte's Ballantyne Real Estate Report & Community Spotlight Reavencrest single family home sales more than held their own in 2022. Both median and average home sales increased by 15% with a list to sale price ratio was almost 104%. Just 16 home sales in the entire year and none in the fourth quarter of 2022 show just how tight inventory was in this neighborhood. Although days on market increased in 2022, home still sold in an average of 8 days. Reavencrest townhome sales had an even stronger showing in 2022, with average and median home sales increasing by 17% with a list to sale price ration of 106% and an average days on market of just three days. REAVENCREST HOME SALES SNAPSHOT: 2022SINGLE FAMILY HOMES REAVENCREST HOME SALES SNAPSHOT: 2022TOWNHOMES  To...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Ardrey Crest Neighborhood in Charlotte's Ballantyne AreaReal Estate Report & Community Spotlight Ardrey Crest home sale priced increased throughout 2022 and in Quarter 4-2022. Although average days on market increased in the fourth quarter, they were still quite low at 12 days. With a list to sales price ratio of over 105% in 2022, the ratio of 97.7% in the fourth quarter provided home buyers their first opportunity to negotiate on price in a long time. ARDREY CREST HOME SALES SNAPSHOT: 2022  ARDREY CREST HOME SALES SNAPSHOT: QUARTER 4 - 2022  To track sales in Ardrey Crest "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Ardrey Crest sales activity.  Median Sale Price History For Ardrey Crest Homes  Community Spotlight: Ardre...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Thornhill Neighborhood in Charlotte's Ballantyne AreaReal Estate Report & Community Spotlight Thornhill's home sale prices continued to set record throughout 2022 and in Quarter 4-2022. Although the average days on market increased in the fourth quarter, they were still low at 11 days. Inventory remained tight throughout the year. THORHNILL HOME SALES SNAPSHOT:  2022 THORNHILL HOME SALES SNAPSHOT: QUARTER 4-2022  Detailed report for Thornhill neighborhood home sales: Quarter 4-2022  To track sales in Thornhill "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Thornhill home sales activity.  Median Sale Price History For Thornhill Homes  Community Spotlight: ThornhillOne of the most in-demand and sought-after neighborhoods in the...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Providence Pointe Neighborhood in Charlotte's Ballantyne AreaReal Estate Report & Community Spotlight 2022 was a strong year for home sales in Providence Pointe with home prices up, days on market low. Although the list to sale price ratio in Quarter 4-2022 was just below 100%, it was equal to what the same quarter saw one year ago. In 2022 the list to sale price ratio was over 106%, up 4% from the prior year. Average days on market were down year-over-year and quarter-over-quarter. PROVIDENCE POINTE HOME SALES SNAPSHOT:  2022  PROVIDENCE POINTE HOME SALES SNAPSHOT: QUARTER 4 - 2022  DETAILED REPORT FOR PROVIDENCE POINTE HOME SALES IN QUARTER 4 -  2022  To track sales in Providence Pointe "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive r...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Ardrey Neighborhood In Charlotte's Ballantyne AreaReal Estate Report & Neighborhood Spotlight During Quarter 4-2022 and throughout 2022, Ardrey home sales remained strong and home sellers continued to see a list to sale price ratio of over 100%. Homes continued to sell quickly and at higher prices. ARDREY HOME SALES SNAPSHOT: QUARTER 4 - 2022  ARDREY HOME SALES SNAPSHOT:  2022 Median Sale Price History For Ardrey Homes   To track sales in Ardrey "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports about Ardrey home sales activity.  What Makes Ardrey In Ballantyne A Unique & In-Demand Charlotte Neighborhood? Why Do People Want To Live In Ardrey?Located in the prestigious and upscale Ballantyne area of south Charlotte, Ardrey is a truly...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Bridgehampton Neighborhood in Charlotte's Ballantyne Real Estate Report & Neighborhood Spotlight As the charts below show, home prices continued to increase in Bridgehampton during Quarter 4 - 2022, as they did throughout 2022.   BRIDGEHAMPTON ROLLING 12 MONTH MEDIAN HOME PRICE TRENDS (CHARLOTTE, NC) BRIDGEHAMPTON ROLLING 12 MONTH MEDIAN HOME PRICE TRENDS (INDIAN LAND, SC) BRIDGEHAMPTON HOME SALES SNAPSHOT FOR 2022  To track sales in Bridgehampton "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Bridgehampton sales activity.  Bridgehampton Neighborhood In Charlotte's Ballantyne Area: Perennially In Demand Since 2000 Bridgehampton is a 544 home neighborhood built by John Wieland Homes, located on the border of North and South Ca...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 HONORING MARTIN LUTHER KING, JR.AN ENDURING LEGACY OF SERVICE "Everybody can be great because everybody can serve." – Dr. Martin Luther King Jr. Today, we honor the life and enduring legacy of Martin Luther King Jr. for the profound impact he made in overcoming racial discrimination during the Civil Rights movement. His spirit lives on as we celebrate his accomplishments, his life of service, and our freedoms. 2023 marks the 55th year since Dr. King was assassinated. As a young adult in college at the time of this assassination, I well remember the horror of that day which felt like it came on the heels of JFK's assassination for those of us who also lived through that day. I believe just some 30% of Americans alive today were alive when both these men died. What's interesting to me is...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Queen's Feast: Charlotte Winter 2023 Restaurant WeekDine Like Royalty At Peasant Prices! Queen's Feast, as Charlotte's much loved Restaurant Week is known, returns on January 20th and runs through January 29th.  Charlotteans are looking forward to the Queen City's much-loved bi-annual Restaurant Week. In less than a week, it will be time to once again enjoy a true Queen's Feast! You'll have 10 days to dine like royalty at some 87 participating Charlotte region restaurants located in nine surrounding counties at a reasonable fixed price of $30 to $45 for three courses.  The theme for Charlotte's Winter 2023 Queen's Feast is "Flirt with Flavors, Feast with Friends."  The first Charlotte Restaurant Week® took place in July 2008 and had 42 restaurants participating. In the past 14 years it...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 IF YOUR HOME NEEDS ORGANIZING, YOU'RE IN LUCK! IT'S ORGANIZE YOUR HOME DAY TODAY! "Keep what is worth keeping, and then with the breath of kindness, blow the rest away.... Dinah Craik BY THE WAY, IF YOU'RE THINKING ABOUT SELLING YOUR HOME... ORGANIZING YOUR HOME IS STEP #1 IN GETTING IT READY TO SELL... Did you know that we don't use 80% of what we "save" around our homes? Organizing an entire home clearly is not something that you can begin and finish in just one day, but getting a head-start on a day dedicated to this task can help you start and keep up the motivation to continue until you've reached your goal. "There is nothing more calming than an organized home"... Unknown "Have nothing in your house that you do not know to be useful or believe to be beautiful."... William Morris ...
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By Carolina Buyers Agent, We Specialize in Buyer Representation Only!
(Carolina Buyers Agent)
Sellers Paying Buyers To Buy Their Homes? That headline would’ve seemed impossible a year ago, but it’s true: the real estate market is finally tilting back toward buyers, and with a vengeance. With concerns about the economy mounting, plus the prospect of escalating rates for home mortgages, it would appear at first sight to be an unfavorable time to buy a home. However, the few qualified buyers who are determined to stay in the market are being courted by equally determined sellers.  In fact, home brokerage firm Redfin reports that sellers are making concessions barely conceivable during the long-lived seller’s market of the past few years. Not only are we seeing price reductions, but also more money being offered to buyers for home repairs. Some sellers are even agreeing to mortgage ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 It's Friday the 13th... Just Another Friday For You? Or Not? Today is Friday the 13th! Are you superstitious about Friday the 13th? Is this just another Friday for you? Or is it your lucky day? Or is a day when you'd rather hide under the covers in bed all day? Have you ever wondered about where these superstitions come from?"Don't be superstitious. Nothing will happen on Friday the 13th that cannot happen on Saturday the 14th."... Unknown Friday the 13th In HistoryDid you know that there were no negative (or positive) associations with Friday the 13th before the 19th Century? If you look back in history, you'll find instances of where people and cultures considered the number 13 unlucky, while others thought it lucky. The number 13 aside, it was not historically linked with a day of t...
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