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Charlotte Multiple Listing Release Stats for April 2009 Plus My Stats for Denver/Lincoln County, NC

May 8, 2009

I am always curious to see how we are doing in comparison to last year.  I have attached some information, I think you will find helpful!

This data would include all of the Multiple Listing Services Area, such as Lincoln County, Catawba County, Mecklenburg County, Iredell County, Gaston County and a few more.

Pending Contracts:  April 2008 – 2,992    /    April 2009 – 2,269

New Listings:  April 2008 – 6,583    /    April 2009 – 5,050

Closed Homes Reported:  March 2008 - 2,659    /    March 2009 – 1,671

Mortgage Rates:  April 2008 – 6.03%    /    April 2009 – 4.78%

To See the Exact Information Provided by CMLS, Please CLICK HERE.

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Lincoln County Home Sales Statistics

Lincoln County Home Sales Statistics

I decided to take this a step further and look at the stats on our side of the Lake, so take a look at these.

Number of Homes Currently on the Market in Lincoln County:  821 Homes

Number of Homes Currently on the Market in Denver Only:  421 Homes

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7196 Catawba Springs Road - Listed at $135,000 - Available Immediately!

7196 Catawba Springs Road - Listed at $135,000 - Available Immediately!

Denver Only Homes $1 – $150,000 Currently on the Market – Total – 30

Number of Homes $1 – $150,000 Currently Under Contract – Total – 6

Number of Homes $1 – $150,000 Sold Since 4/1/2009 – Total – 4

There is 6 Months of Inventory at the Rate these Homes are Selling Currently.

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1978 Clarence Chase lane - Listed at $249,900 - Available Immediately!

1978 Clarence Chase lane - Listed at $249,900 - Available Immediately!

Denver Only Homes $150,000 – $250,000 Currently on the Market – Total – 54

Number of Homes $150,000 – $250,000 Currently Under Contract – Total – 13

Number of Homes $150,000 – $250,000 Sold Since 3/7/2009 – Total – 11

There is 4.5 Months of Inventory at the Rate these Homes are Selling Currently.

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7257 Drury Lane - Listed At $340,000 - Available Immediately!

7257 Drury Lane - Listed At $340,000 - Available Immediately!

Denver Only Homes $250,000 – $350,000 Currently on the Market – Total – 61

Number of Homes $250,000 – $350,000 Currently Under Contract – Total – 0

Number of Homes $250,000 – $350,000 Sold Since 3/7/2009 – Total – 5

There is 24.4 Months of Inventory at the Rate these Homes are Selling Currently.

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4050 Marydel Lane - Listed at $359,900 - Available Immediately!

4050 Marydel Lane - Listed at $359,900 - Available Immediately!

Denver Only Homes $350,000 – $450,000 Currently on the Market – Total – 35

Number of Homes $350,000 – $450,000 Currently Under Contract – Total – 7

Number of Homes $350,000 – $450,000 Sold Since 3/7/2009 – Total – 7

There is 5 Months of Inventory at the Rate these Homes are Selling Currently.

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4189 Bordeaux Drive - Listed at $439,900 - Available Immediately!

4189 Bordeaux Drive - Listed at $439,900 - Available Immediately!

Denver Only Homes $450,000 – $550,000 Currently on the Market – Total – 45

Number of Homes $450,000 – $550,000 Currently Under Contract – Total – 2

Number of Homes $450,000 – $550,000 Sold Since 3/7/2009 – Total – 2

There is 22.5 Months of Inventory at the Rate these Homes are Selling Currently.

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264 Thistle Glen Court - Listed at $649,900

264 Thistle Glen Court - Listed at $649,900

Denver Only Homes $550,000 – $650,000 Currently on the Market – Total – 48

Number of Homes $550,000 – $650,000 Currently Under Contract – Total – 3

Number of Homes $550,000 – $650,000 Sold Since 3/7/2009 – Total – 1

There is 24 Months of Inventory at the Rate these Homes are Selling Currently.

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3642 Lakeshore Road South - Listed at $699,900 - Available Immediately!

3642 Lakeshore Road South - Listed at $699,900 - Available Immediately!

Denver Only Homes $650,000 – $750,000 Currently on the Market – Total – 28

Number of Homes $650,000 – $750,000 Currently Under Contract – Total – 1

Number of Homes $650,000 – $750,000 Sold Since 3/7/2009 – Total – 1

There is 28 Months of Inventory at the Rate these Homes are Selling Currently.

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3746 George Court - Listed at $799,900

3746 George Court - Listed at $799,900

Denver Only Homes $750,000 – $850,000 Currently on the Market – Total – 23

Number of Homes $750,000 – $850,000 Currently Under Contract – Total – 0

Number of Homes $750,000 – $850,000 Sold Since 3/7/2009 – Total – 0

We are Unable to Calculate the Months of Inventory in this Price Range with No Solds.

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8011 Blue Water Court - Listed at $849,900

8011 Blue Water Court - Listed at $849,900

Denver Only Homes $850,000 – $950,000 Currently on the Market – Total – 12

Number of Homes $850,000 – $950,000 Currently Under Contract – Total – 2

Number of Homes $850,000 – $950,000 Sold Since 3/7/2009 – Total – 0

There is 12 Months of Inventory at the Rate these Homes are Selling Currently.

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Denver Only Homes $950,000 – $1,050,000 Currently on the Market – Total – 9

Number of Homes $950,000 – $1,050,000Currently Under Contract – Total – 0

Number of Homes $950,000 – $1,050,000Sold Since 3/7/2009 – Total – 1

There is 18 Months of Inventory at the Rate these Homes are Selling Currently.

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1070 Shoreline Drive - Listed at $1,750,000

1070 Shoreline Drive - Listed at $1,750,000

Denver Only Homes $1,050,000 and Above Currently on the Market – Total – 10

Number of Homes $1,050,000 and Above Currently Under Contract – Total – 0

Number of Homes $1,050,000 and Above Sold Since 3/7/2009 – Total – 0

We are Unable to Calculate the Months of Inventory in this Price Range with No Solds.

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Number of Lots Currently on the Market in Lincon County:  1,110 Lots

Number of Lots Currently  Under Contract – Total – 7

Number of Lots Sold Since 3/7/2009 – Total – 11

There is 123.3 Months of Inventory at the Rate these Homes are Selling Currently.

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Lot 15 Halyard in Norman Pointe - Listed at $109,900 - Available Immediately!

Lot 15 Halyard in Norman Pointe - Listed at $109,900 - Available Immediately!

Number of Lots Currently on the Market in Denver Only:  572 Lots

Number of Lots Currently  Under Contract in Denver Only – Total – 3

Number of Lots Sold in Denver Since 3/7/2009 – Total – 7

There is 114.4 Months of Inventory at the Rate these Lots are Selling Currently.

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7936 Mariners Pointe Lane - Listed at $159,900

7936 Mariners Pointe Lane - Listed at $159,900

Number of Townhomes/Condos on the Market in Lincoln County:  20

Number of Townhomes/Condos Currently  Under Contract – Total – 5

Number Townhomes/Condos Sold Since 3/7/2009 – Total – 2

There is 5.7 Months of Inventory at the Rate these Townhomes/Condos are Selling Currently.

Well That Wraps it Up…I would say that we are still in a Buyer’s Market!  Don’t Shoot the Messenger!  Great Time to Buy!  Spring and Summer will Bring Good Things!

Don’t Forecast the NAR Forecasts a 1% Increase Over Last Year’s Sales!

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