The Newest Homes.org Real Estate Report Details June Home Sales in Charlotte, NC

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With five months of gains in both sales transactions and sales prices, our indicators appear to show us moving toward recovery in the Charlotte market.

(PRWEB) July 16, 2012

A new Homes.org real estate report details the latest activity and trends in the Charlotte real estate market. The report supplies information on the latest June 2012 statistics as well as comparisons to June 2011 sales figures in Charlotte. The breakdown of this data provides sellers and buyers a better understanding of the overall health of the Charlotte real estate market and how sales will likely trend in the coming months.

Below are some of the key findings for the Charlotte area:

•     Total closed home sales in June 2012 were 1,238, outpacing both the 1,108 sales in June 2011
•     Mecklenburg County Area 4 experience the biggest increase in closed sales, with a 43.7% more sales than June of last year
•     Mecklenburg County had 1,767 new listings in June 2012, 4% lower than the 1,841 new listings in June 2011
•     The number of Homes for Sale in June 2012 was 7,489, down from the 9,877 listings in June 2011
•     Sales to List Price in June 2012 was approximately 93.8%, higher than the 90% in June 2011

Jennifer Frontera, the 2012 Carolina Multiple Listing Services president said, “with five months of gains in both sales transactions and sales prices, our indicators appear to show us moving toward recovery in the Charlotte market," said. Charlotte is experiencing some of their biggest increases in home sales this year and it appears that the trend may continue. June 2012 pending sales were at 2,506, up 8.9% compared to the same time last year.

Charlotte Real Estate Market Latest Information and Statistics

Counties: Mecklenburg

Zip Codes in the City: 28201-28237, 28240-28247, 28250, 28253-28256, 28258, 28260-28262, 28265-28266, 28269-28275, 28277-28278, 28280-28290, 28296-28297, 28299

Population: 751,087

Population (Metro): 1,758,038

Total Households (2006-2010): 282,082

Median Value Owner Occupied Housing (2006-2010): $173,300

June 2012 Total Home Sales in the Charlotte area: 1,238

June 2012 Average Sales Price in the Charlotte area: $255,593

June 2012 Median Sale Price in the Charlotte area: $184,800

Renters vs. Owners (2006-2010): 40.7% vs. 59.3%

Type of Home:
79% Single Family
17% Condo
4% Other

To learn more about the North Carolina real estate or search for licensed real estate agents in Charlotte, NC, please visit: Homes.org

About Homes.org

Homes.org is a fast growing real estate search portal that offers users much more than MLS listings. Homes.org gives users access to a rich collection of resources, including but not limited to, real estate listings, home owner finance tools and home service tools. Homes.org brings buyers, sellers and renters important information about the current markets and intelligent tools by partnering with real estate professionals from around the country. Homes.org is a subsidiary of Star Nine Ventures, Inc. headquartered in Austin, TX.

About Star Nine Ventures®

Star Nine Ventures® is an Austin-based, marketing-driven venture creation company targeting a wide range of national business-to-consumer online marketplaces. Star Nine's core mission is to build businesses that provide exemplary consumer experiences and unparalleled customer service.

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