Residential Real Estate Market Report - Final Statistics June 2010
Residential real estate market in this region for June, 2010 - based upon Carolina Multiple Listing Services, Inc. (CMLS) data.
Closings:
June 2010 - Increased 14.8 percent over June 2009 and decreased 8.4 percent over previous month (May)
Average sales price:June 2010 - $215,559 - Down slightly (1.4 percent) over June 2009 and was up 1.5 percent over previous month (May)
Average list price of sold properties:
June 2010 - Up 1 percent over previous month’s average list price and was down 1.3 percent from June 2009
Residential pending contracts:
June 2010 - Down 13.2 percent compared to June, 2009. Also, down 8.7 percent over previous month
New residential listings : June 2010 - 4,692
Average number of days a property was on the market from the time it was listed until it closed (list to close) was in June 2010 was 144.2, May, 2010 - 142.2
Average number of days a property was on the market (days on market), excluding the days the property was off the market or pending, was 114.5, May, 2010 - 115.9.
Search Charlotte Homes for Sale
(THE best Charlotte home search available - no kidding!)
Debe Maxwell, CRS/Realtor®/Broker
Broker@TheCharlotteScoop.com
Phone (704) 491-3310
How does the Days on Market in your area compare with last year? In Northern Virginia it is about half of what it was this time last year.
There are actually some encouraging signs with the numbers you've presented here Debe. Prices haven't taken too big a hit and days on the market have not made an appreciable difference.
Hi Debe, Charlotte is a great place to call home- so my Friends and family tell me. Your great visual stats just reaffirm that.
Debe
It looks like the market is headed in the right direction.
Good luck and success.
Lou Ludwig
Nice presentation of the market stats for your area Debe. Keep those reports coming!
Robert: Our DOM are almost identical to last year's DOM (144 vs. 142) so, not much change there as an overall statistic--some single family communities are seeing fewer DOM though--especially those close-in.
Craig: Yes, it's looking fairly stable but, our showings have decreased significantly this month which they typically do but, perhaps the consumer confidence level is still prohibiting some fence-sitters--I guess we'll see next month.
Ellie: I LOVE CHARLOTTE! It is most definitely a fabulous place to live, work AND play!
Lou: Thank you and I surely do hope so!
Bill: Thanks! I do these stats for someone on a daily basis but, have not had a chance to post them like I want to do to keep the consumer updated on our current market. I need to take a page from YOUR book!
Have a great week everyone!
Great reports and I really like the charts. Thanks for sharing.