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Residential Closings - Entire MLS

December 2011 - December 2012

ASP = Average Sold Price 

+23.4% +33.5% Change in  Closed Sales 

Pending  Sales 

-1.7%

+7.9%

-27.7%

Change in  New Lis ngs 

Average  Sales Price 

Total Ac ve  Lis ngs 

There were 2,339  total closings in December 2012, up 23.4% com‐ pared  to  December  2011.    62.1%  of  all  home  sales  were  in  the  $200,000  and  under  category.  The  average  closing  price  for  the 

Current Active Listings by Price Range

Data Courtesy Carolina MLS. 

156

5.3

Average Days   Months Supply of  List to Close  Homes for Sale 

Charlo e metro area in December 2012 was $205,537, up 7.9%  from  December 2011.  In Dec. 2012, new lis ngs decreased by 1.7%, pend‐ ing sales increased by 33.5%, total ac ve lis ngs decreased by 27.7%.  

December 2012 Sales by Price Range

Total Ac ve Lis ngs = 13,415 

Total Pending Sales = 30,343  Data Courtesy Carolina MLS—Based on a rolling 12‐month average. 

Percentages as reported by CRRA. 

www.helenadamsrealty.com 


Page 2

On the Move - Helen Adams Realty

Closed Units by Area December 2012 - By MLS Areas

Units 1 Year Closed Change

Average Sales Price

 Charlo e ‐ Gastonia ‐ Rock Hill 

1831 

+21.9 

$210,873 

 All of Mecklenburg County 

1101 

+25.5 

$180,778 

 01 ‐ Mecklenburg County (N)   

200 

+19 

$178,540 

 02 ‐ Mecklenburg County (E)   

135 

+31.1 

$113,302 

 03 ‐ Mecklenburg County (SE)   

102 

+82.1 

$175,078 

 04 ‐ Mecklenburg County (SSE)   

90 

+7.1 

$303,343 

 05 ‐ Mecklenburg County (S)   

199 

+33.6 

$379,968 

 06 ‐ Mecklenburg County (SSW)   

75 

‐8.5 

$216,514 

 07 ‐ Mecklenburg County (SW)   

90 

+32.4 

$160,119 

 08 ‐ Mecklenburg County (W)   

50 

+22.0 

$72,063 

 09 ‐ Mecklenburg County (NW)   

81 

+20.9 

$165,189 

 10 ‐ Union County   

229 

+19.3 

$223,421 

 11 ‐ Cabarrus County   

179 

+27.9 

$169,966 

 12 ‐ Iredell County   

164 

+31.2 

$225,969 

 13 ‐ Lake Norman   

106 

+26.2 

$410,882 

 14 ‐ Lincoln County   

78 

+59.2 

$195,761 

 15 ‐ Lake Wylie   

33 

+43.5 

$391,521 

 16 ‐ Gaston County   

148 

+12.1 

$137,183 

 17 ‐ York County, SC  

169 

+8.3 

$210,706 

 99 ‐ Uptown Charlo e   

16 

‐11.1 

$214,386 

2339

+23.4 

$205,537

TOTAL (for All CMLS Area)

December Home Sales Snapshot

+38.5%

Residential Single Family, Townhomes & Condos MLS Area

Volume 6, Issue 1

Price Range with  Strongest Sales:  $200,001 -$300K

+32.2% # Bedrooms  Strongest Sales:  4 BR or More

+35.8% Property Type   Strongest Sales:  Condos

Data Courtesy Carolina MLS & 10K Research and Marke ng. 


On the Move - Helen Adams Realty

Volume 6, Issue 1

Pending Contracts

Page 3

Average Residential Sales Price

  Data provided by MLS—Based on accepted contracts for the given month. 

New Listings

30 Year Fixed Mortgage Rates

Source:  Freddie Mac, NAR, Dec. 2012  Data Courtesy Carolina MLS. 

www.helenadamsrealty.com 


Page 4

On the Move - Helen Adams Realty

Volume 6, Issue 1

December 2012 Home Market Overview 2013 Could be Another Posi ve Year for the Housing Market   Most markets are on better footing now than a year ago. We saw many signs of market recovery throughout 2012. Assuming interest rates and job growth cooperate 2013 should be another positive year for housing. For the 12-month period spanning January 2012 through December 2012, Pending Sales in the Charlotte region were up 31.1 percent overall. The price range with the largest gain

    

  Reprinted from CRRA Housing Supply Overview, December 2012 

in sales was the $200,001 to $300,000 range, where they increased 38.5 percent.

to sell the slowest was the $300,001 and Above range at 122 days.

The overall Median Sales Price was up 4.9 percent to $160,000. The property type with the largest price gain was the Single-Family segment, where prices increased 5.8 percent to $165,000. The price range that tended to sell the quickest was the $100,000 and Below range at 94 days; the price range that tended

Market-wide, inventory levels were down 27.7 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 26.3 percent. That amounts to 5.4 months supply for Single -Family homes and 4.9 months supply for Condos.


Charlotte Real Estate Market Report - January 2013