Archive for January, 2007
Charlotte NC| Home Real Estate Market Report, No BUBBLE HERE!
January 28th, 2007 Categories: Buy A Charlotte Home
There is NO Bubble in Charlotte!� With all the talk of a nationwide real estate “Bubble” I thought I’d post our unofficial numbers for 2006. Look for your self, there is no Bubble here:
2005* there were 33,866 sales, with an average price of 217,681
2006* there were 37,337 sales, an average price of 229,085
So that’s a 10% increase in the number of sales, and a 5.23% appreciation in average sales price… And the average Days on Market improved too, from 94 in 2005, to 84 in 2006.
Altogether a very solid and healthy year.
*Straight from the MLS, single family homes only.
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