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Terry McDonald Real Estate.com LLC
8604 Cliff Cameron Dr ST 110
Charlotte NC 28269
704-393-0048 Office
704-351-1519 Cell
704-464-3955 Fax
Wilkinson and Associates, Broker
#1 Team, 2006

Charlotte NC Memorial Day Updates 5-26-08

Charlotte NC Real Estate Update

2 sold homes on Lake WylieFor the week ending 5/24/08, there were 499 closed sales, and 592 new contracts went pending. This is against over 22,000 homes on the market in the greater Charlotte area covered by the Carolina MLS . (Includes parts of upstate South Carolina) Congrats to these two waterfront sellers (brokers too!) on Lake Wylie, side by side For Sales, have now become side by side Solds.

The greatest momentum is not surprisingly in the under $1M market, accounting for more than 90% of the Closed and New Pending contracts. I don’t report Days on Market, because it is just not meaningful the way it is computed.

For townhomes and condominiums, 67 condos closed this week, and there were 96 new contracts, with 3805 on the market.

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What a fabulous Charlotte Weekend, sunny, high in the 70’s until today, and today it wil be in the mid-80’s… Weather nice enough to move to Charlotte for…Entry to tHands mill in South carolina

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Hands Mill A new waterfront community has been added to my SC smugmug- clik photo for link to more pics, more details coming
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Guest bloggers begin later this week, covering the Fun Things To Do In Charlotte. I look forward to posts on the Charlotte Greenways, Family Things to Do in Charlotte, and Speed Street.

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I’ll be continuing the Over 55 Active Adult series this week, with additional community coverage. I’m also paying a lot of attention to Lake Wylie and the land and communities coming there as well.

Some of my more popular posts from the past

Buyer Agency Illustrated- The “Why” Behind Buyer Agency

10 Essential Dos and Don’ts of New Home Buying

Safe to Buyer in Charlotte? You Bet… Case Shiller

Southpark- The Heart of South Charlotte

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