Charlotte Real Estate Market Activity

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Posted By Holly on January 17th, 2010

The Charlotte real estate market saw 1527 total closings in December 2009, up 12% compared to 2008.  The average closing price for the Charlotte metro area in December 2009 was $211,705, up approximately 5.4% compared to 2008.  The bulk of home sales continues to be in the lower price ranges, with 87% of sales in the $350,000 and under category.  Average days on market from listing date to closing date was 143.8 for the month of December.

See the full monthly Charlotte Real Estate Market activity report here:

Eagle Park continues to move forward despite financial problems

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Posted By Helen Adams Realty on October 14th, 2009

anne-bradeA recent Gaston Gazette article talks about the financial struggle for the developers of Eagle Park, in Gaston County, NC. The article comments on how the developer came in at the top of the market and had to walk away due to the market shift.  But not all lots, homes and townhomes were included in the financial woes.  eagle-park

Anne Brade of Helen Adams Realty is heading up sales in Eagle Park for those properties not involved.  Anne states that

“Approximately 34 single family homes and 16 townhomes at Eagle Park were not included in the foreclosure. Those lots have been completed, sold and are now occupied”  Sales continue to happen in Eagle Park and the Belmont area is as hot as ever.  Eagle Park was designed for people who work in Charlotte but want to live in an area with a  small town feel.

For more information about Eagle Park or other Belmont Real Estate information please contact Anne Brade at 704-650-4951 or visit her website.