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Charlotte University, Ballantyne and Lake Norman Homes | 704.608.2794Charlotte University, Ballantyne and Lake Norman Homes | 704.608.2794

Specializing in homes in University City, Ballantyne and Lake Norman areas of Charlotte

Charlotte University, Ballantyne and Lake Norman Homes

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Charlotte Real Estate May 2019

Charlotte Market Data Overall for May 2019


Charlotte Market Data Overall MAY 2019

Overall data for the Charlotte real estate market from the Charlotte Monthly Indicators Report
NEW LISTINGSPENDING SALESCLOSED SALESSTRONGEST PROPERTY TYPE
6,5875,6274,864Single Family
AVERAGE LIST PRICEAVERAGE SALES PRICEMEDIAN SALES PRICE% SELLING PRICE RECEIVEDAVG DAYS ON MARKET
$343,468$309,859$259,90097.3%41

May 2019 Overview


In the Charlotte market, there continues to be a shortage of home inventory for sale at the lower end of the price spectrum typically defined as homes priced below $200,000. Meanwhile, inventories and sales are rising in the upper price points. The price range with the largest gain in sales was in the $300,000+ range which increased 9.6 percent.

The Median Sales Price is up 5.2% and is currently at $242,000. The property class with the largest price gain was the Condo/Townhome segment with a 10% annual increase to $198,000. The fastest selling price range was the $150,000 to $200,000 range at 25 days and the slowest selling price range was the $300,000+ range at 63 days.

Overall, inventory levels were down 10.1% from this time last year with 2.4 months supply for Single-Family homes and 1.8 months supply for Condos-Townhomes. Note that a balanced market of inventory between buyers and sellers is 6 months. Therefore, current inventory is significantly below this balanced market threshold. This bodes very well for sellers who are considering putting their homes on the market which would be very much in demand from the larger pool of buyers. Sellers of homes with values of $250,000 and below can routinely expect high demand and multiple offers. Sellers of higher-end homes in the best-selling range of $300,000+ can expect brisk activity as well, but the entry-level price range ($250,000 and below) for first-time buyers is most in demand.


Recent Single Family Home Sales in Charlotte NC


View the most recent single family homes sold in Charlotte, NC in the last 3 days.

This wonderful home boasts 3 BR, 2.5 BA & tons of garage storage in the highly desirable Beverly Crest neighborhood. This recently renovated home features newly sanded and stained hardwood floors throughout the home, with tile in the full bathrooms upstairs. The interior & exterior of the home, as well as the fence, have been painted within the last 12 months. The garage has shelving and cabinets throughout, as well as SafeRacks that hang from the ceiling for maximum storage. The home has a custom surround for the gas fireplace as well as new stainless steel appliances (gas range, microwave & dishwasher) in the kitchen. The bedrooms have remote control ceiling fans, which are new, along with all of the light fixtures and blinds in the home. The fully fenced backyard has 12+ foot privacy hedges on the side and back property line, along with a brick paver patio and newly replaced wooden steps that lead down to it. This home is one of a kind! $425,000 Closed

814 Mallow Place Charlotte, North Carolina

3 Beds 3 Baths 2,050 SqFt 0.200 Acres

Newly renovated and move-in ready! This 3 bedroom/2 bath home with attached 2-car garage is tucked back in a neighborhood while still conveniently close to shopping, dining, and the Carmel 42X CATS stop. The floor plan is very open in the living spaces. The neutral yet trendy paint colors and finishes will work well with almost any décor style. The spacious master suite includes a nicely tiled shower in the master bath and a closet system keeps your master closet beautifully organized. Enjoy the back deck for relaxing and outdoor entertaining. No HOA dues! $289,000 Closed

11539 Five Cedars Road Charlotte, North Carolina

3 Beds 2 Baths 1,423 SqFt 0.260 Acres

Beautiful Home in Berewick with 4 bedrooms, 3.5 baths plus a bonus room!  This open floor plan features hardwood flooring throughout the living area. A spacious kitchen with lots of counter top space, granite countertops and stainless steel appliances. Spacious master bedroom with walk in closet and a master bathroom with standup shower and soaking tub.  Fully fenced backyard with electric awning to shade the paver patio and a built in grill.  The amenities in this neighborhood include 2 pools, basketball court, walking trail, club house with gym, volleyball court and playground. This home is near the Premier Outlets, grocery stores, restaurants and I-485.  Make your appointment today it won't last long!! $379,900 Closed

7311 Scone Palace Court Charlotte, North Carolina

4 Beds 4 Baths 3,032 SqFt 0.210 Acres

Updated all brick ranch home in desirable Northeast Charlotte location! You will love this charming open concept home with beautiful white cabinets, granite, and stainless steel appliances. This move-in ready home features 3 generously sized bedrooms and two updated baths. Hardwoods throughout. New Ring doorbell. Enjoy the outdoors on your large deck overlooking the fenced in lot. Walk-in crawlspace. Quiet neighborhood. Located just off Hwy 16, it is just a 15 minute drive to uptown or the US National Whitewater Center. Close to Mountain Island Lake and Riverbend Village. Back load garage has a large storage area in the back, perfect for a small workshop or potting area. $270,000 Closed

1527 Plumcrest Drive Charlotte, North Carolina

3 Beds 2 Baths 1,507 SqFt 0.470 Acres


Learn the TRUE Market value of your Home Now!

Charlotte May 2019 Market Overview MAY 2019

Key metrics from the Monthly Indicators for the Charlotte Region
KEY METRICSMAY 2019MAY 2018CHANGE
New Listings6,5876,408+ 2.8%
Pending Sales5,6274,797+ 17.3%
Closed Sales4,8644,841+ 0.5%
Days on Market Until Sale4139+5.1%
Average List Price$343,468$334,640+2.6%
Average Sales Price$309,859$299,723+3.4%
Median Sales Price$259,900$245,900+5.7%

Strongest Properties by TYPE in the Charlotte Region MAY 2019

Which property types sold the quickest key metrics from the Charlotte Housing Supply Overview
KEY METRICSMAY 2019CHANGE
Price Range with the Strongest Sales$300,000 and above+9.6%
Bedroom Count with Strongest Sales2 Bedrooms or Less+ 1.4%
Property Types With Strongest SalesSingle Family+ 1.6%


Strongest Home Sales in Charlotte NC


View the most recent single family homes over $300,000 sold in Charlotte, NC in the last 10 days.

This wonderful home boasts 3 BR, 2.5 BA & tons of garage storage in the highly desirable Beverly Crest neighborhood. This recently renovated home features newly sanded and stained hardwood floors throughout the home, with tile in the full bathrooms upstairs. The interior & exterior of the home, as well as the fence, have been painted within the last 12 months. The garage has shelving and cabinets throughout, as well as SafeRacks that hang from the ceiling for maximum storage. The home has a custom surround for the gas fireplace as well as new stainless steel appliances (gas range, microwave & dishwasher) in the kitchen. The bedrooms have remote control ceiling fans, which are new, along with all of the light fixtures and blinds in the home. The fully fenced backyard has 12+ foot privacy hedges on the side and back property line, along with a brick paver patio and newly replaced wooden steps that lead down to it. This home is one of a kind! $425,000 Closed

814 Mallow Place Charlotte, North Carolina

3 Beds 3 Baths 2,050 SqFt 0.200 Acres

Truly a rare find in the Ballantyne area! Updated all brick ranch on over 3/4 acres in the natural oasis of Providence West. Flat lot, gorgeous setting with oversized driveway, and wonderfully expansive/private rear yard. New HVAC heat pump(2018), New water heater(2015), Newer roof, Recent landscaping($5000), plus a long list of seller upgrades to the home that includes: Windows/Doors/Gutter Guards/Driveway and Sidewalk/Kitchen/Master Bath/Hall Bath/Engineered Hickory Hardwood Floors/Replumbed all water lines(2016)/Lighting/Electric Fireplace/Crown Molding/Kitchen Solatube Skylight/Interior Paint/Garage Epoxy Floors/Garage Shelving/and much more. Seller has meticulously updated and maintained the ranch home since purchasing in 2006. The home sits in custom home community with access to Rea and Johnston Roads. Two large living areas, three comfortably sized bedrooms, both formal and informal dining area, lovely kitchen, and rear porch. Oversized garage for your new workshop. Don't miss $397,500 Closed

8912 Rally Drive Charlotte, North Carolina

3 Beds 2 Baths 1,953 SqFt 0.760 Acres

Beautiful Home in Berewick with 4 bedrooms, 3.5 baths plus a bonus room!  This open floor plan features hardwood flooring throughout the living area. A spacious kitchen with lots of counter top space, granite countertops and stainless steel appliances. Spacious master bedroom with walk in closet and a master bathroom with standup shower and soaking tub.  Fully fenced backyard with electric awning to shade the paver patio and a built in grill.  The amenities in this neighborhood include 2 pools, basketball court, walking trail, club house with gym, volleyball court and playground. This home is near the Premier Outlets, grocery stores, restaurants and I-485.  Make your appointment today it won't last long!! $379,900 Closed

7311 Scone Palace Court Charlotte, North Carolina

4 Beds 4 Baths 3,032 SqFt 0.210 Acres

Spectacular 5 bedroom home with tons of space! This home has an open floorplan perfect for
entertaining. On the main level this home has an office with beautiful French doors and the great room
is open to the kitchen. There is also a guest bedroom on the main floor. Upstairs you will find 4 large
bedrooms including the master and a huge bonus room area that provides so many options. The HVAC is
energy efficient and has an air filtering system. There is also a water filtering system in this home.
Outside you can relax under the covered front porch or enjoy the patio in your fenced in backyard. Not
many homes this size available! This was the largest floorplan MI homes had available. Check it out
today! $350,000 Closed

1914 Shorthorn Street Charlotte, North Carolina

5 Beds 3 Baths 3,306 SqFt 0.184 Acres


Charlotte Region 1st Quarter Market Data


The Charlotte Region Marketwatch report data includes information from the Charlotte Region (Alexander, Anson, Cabarrus, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Rowan, Stanly and Union counties) and South Carolina Region (Chester, Chesterfield, Lancaster and York counties) for both single family & condos and townhomes combined. Figures are calculated using rounded figures and are refreshed regularly. 


Charlotte Real Estate Market Report


Recent Condo & Townhome Sales in Charlotte NC


View the most recent condos & townhomes that have sold in Charlotte, NC over the last 10 days.

No properties found


Days on Market Until Sale


Average number of days between when a property is first listed and when an offer is accepted from the Charlotte Region Housing Supply Overview

Days on Market Until Sale by Price Range MAY 2019

BY PRICE RANGEMAY 2018MAY 2019CHANGE
$100,000 and Below5845- 22.4%
$100,001 to $150,0003228- 12.5%
$150,001 to $200,00025250.0%
$200,001 to $300,0003837- 2.6%
$300,001 and Above6663- 4.5%
ALL PRICE RANGES4543- 4.4%

Days on Market Until Sale by Bedroom Count MAY 2019

BY BEDROOM COUNTMAY 2018MAY 2019CHANGE
2 Bedrooms or Less4135- 14.6%
3 Bedrooms3635- 2.8%
4 Bedrooms or More5756- 1.8%
ALL BEDROOM COUNTS4543- 4.4%

Days on Market Until Sale by Property Type MAY 2019

BY PROPERTY TYPEMAY 2018MAY 2019CHANGE
Single Family4745- 4.3%
Condos & Townhomes3133+ 6.5%


New Homes for Sale in Charlotte NC


View the newest homes for sale in Charlotte, NC listed in the last 1 Day.

Beautifully Updated Home in the South Charlotte Ballantyne Area! NEW Hardwood Floors, NEW Carpet, NEW Kitchen Cabinets, NEW Backsplash and Countertops, All Bathrooms Remodeled. 
Huge Back Patio with Detailed Texture Finishing.

Showing begin on Saturday morning February 27th starting at 10:30 am $365,000 Active

12415 Olde Mill Stream Court Charlotte, North Carolina

4 Beds 3 Baths 2,382 SqFt 0.370 Acres

Newest Pulte townhome community in highly desirable Steele!  Grand opening!  Don't miss this amazing new opportunity! $371,130 Active

23109 Clarabelle Drive 44 Charlotte, North Carolina

3 Beds 3 Baths 1,855 SqFt 0.060 Acres

Historic Wesley Heights stunner!  1/2 block from planned CityLynx Gold Line streetcar - Duet style townhome that completes a building with one other luxury unit - End unit for extra windows and natural light - Skyline views to die for... watch the city from bed at night - 3 Bedroom | 3.5 bathrooms - 2 car rear load garage with extra kickout for ample storage - Open main floor gives views from every angle - Gourmet kitchen with SS Kitchenaid appliances & microwave drawer -  8 foot island with Quartz waterfall countertops - 5" hardwoods throughout home - Moldings / Casing throughout - Owner's suite with custom, walk in closet - Owner's bath with HUGE soaking tub, dual headed walk in, spa shower and shiplap accents  - Generous secondary bedrooms/closets - Affordable luxury that's walkable to everything Uptown Charlotte has to offer - Perfect location with amazing neighbors - Call anytime for your private showing $625,000 Active

128 Summit Avenue Charlotte, North Carolina

3 Beds 3 Baths 2,310 SqFt 0.050 Acres

Newest Pulte townhome community in highly desirable Steele!  Grand opening!  Don't miss this amazing new opportunity! $327,515 Active

23117 Clarabelle Drive 42 Charlotte, North Carolina

3 Beds 3 Baths 1,790 SqFt 0.060 Acres


View ALL New Listings in Charlotte, NC

Percent of Original List Price Received MAY 2019

Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold, not accounting for seller concessions from the Charlotte Region Housing Supply Overview
BY PRICE RANGEMAY 2018MAY 2019CHANGE
$100,000 and Below91.7%90.9%- 0.9%
$100,001 to $150,00097.9%97.2%- 0.7%
$150,001 to $200,00098.3%97.7%- 0.6%
$200,000 to $300,00097.6%97.4%- 0.2%
$300,000 and Above96.6%96.5%- 0.1%
ALL PRICE RANGES97.0%96.7%- 0.3%
BY BEDROOM COUNT
2 Bedrooms or Less95.9%95.7%-0.2%
3 Bedrooms97.5%97.2%- 0.3%
4 Bedrooms or More96.7%96.4%- 0.3%
ALL BEDROOM COUNTS97.0%96.7%- 0.3%
BY PROPERTY TYPE
Single Family96.8%96.5%- 0.3%
Condos & Townhomes98.2%98.0%- 0.2%

*ALL DATA on this page is current as of June 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional Realtor® Association. Report © 2019 ShowingTime.


Upcoming Open Houses in Charlotte NC


View the upcoming open houses in Charlotte, NC in the next week.

Welcome to this gorgeous full brick home! This inviting home features a den, living room and family room with a cozy wood burning fireplace and gleaming hardwood flooring. The updated kitchen with stainless steel appliances,  granite countertops, tile and pantry, opens up to the dining area for easy entertaining. Upstairs you will find spacious bedrooms and a large master suite with an ensuite updated bathroom. Wander outside to your large deck over looking your private backyard! The garage is fully finished with epoxy coated floors. Home has newer windows and recessed lighting, The location couldn't be any better, close to highway 51 and 485. Tons of shopping and restaurants close by. Don't miss out on this amazing home! $439,900 Active

6217 Emsworth Lane Charlotte, North Carolina

4 Beds 3 Baths 2,712 SqFt 0.500 Acres

You won't want to miss out on this home!! Well maintained and ready to go! This home has the one level living floor plan that you have been waiting for!!This home features a spacious family room with a vaulted ceiling  and a fireplace with granite that leads to the large inviting eat in kitchen! Owners bedroom with walk in closet and Owners bath includes dual sinks, soaking tub and large walk in shower. Two spacious secondary room with another full bath.  Extra long driveway will fit all your cars- Garage has been converted to a partially finished heated/cooled rec room area. Beautiful backyard with storage shed. Great location- close to 485, grocery stores, dining and just a short drive to Concord Mills! This one will not last! $235,000 Active

8620 Galena View Drive Charlotte, North Carolina

3 Beds 2 Baths 1,416 SqFt 0.222 Acres

Beautiful low country style house in McAlpine Forest. Renovated throughout with great kitchen, coffee bar and exercise room, just to name a few. Wonderful porch and yard with a fireplace and a Koi pond. 2 huge walk in attics that can be finished off. This house is a must see! $1,100,000 Active

4700 Morrowick Road Charlotte, North Carolina

4 Beds 4 Baths 4,866 SqFt 0.680 Acres

Welcome Home!  This beautifully maintained 4 bedroom, 2.5 bathroom home in the highly sought after Steele Creek area in the Hamilton Green Subdivision has been updated and upgraded throughout and is move-in ready!   First floor master suite with private bath and walk-in closet.  Entertain upstairs in the bonus room, in the open concept family room, or simply step onto the oversized deck off of the kitchen and relax while overlooking a beautifully maintained level, fenced yard.  This home features quartzite countertops, stainless steel appliances, and luxury vinyl plank floors in the kitchen and family room.  Community includes walking trails, sidewalks and swimming pool as well as a play area!  This home will not last long! $330,000 Active

15924 Circlegreen Drive Charlotte, North Carolina

4 Beds 3 Baths 2,432 SqFt 0.220 Acres

Quick Home Value

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Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Quick Property Search

Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Charlotte NORTH Communities

  • University City
  • Concord – (Cabarrus county)
  • Harrisburg – (Cabarrus county)
  • Huntersville – (Lake Norman)
  • Cornelius – (Lake Norman)
  • Davidson – (Lake Norman)
  • Denver – (Lake Norman)
  • Mooresville – (Lake Norman)
  • Sherrills Ford – (Lake Norman)
  • Troutman – (Lake Norman)

Homes for sale in Charlotte NC

Pruitt Miller Realty Group - Huntersville
Homes for sale in Charlotte NC
13420 Reese Boulevard West
Huntersville, NC 28078
Direct Phone: 704-608-2794

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