U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-30-2006, 09:24 AM
 
105 posts, read 585,457 times
Reputation: 120

Advertisements

How are prices in Charlotte and other areas holding up? Has the market slowed? Is it a buyers market or a sellers market? I've been on a few real estate websites and see alot of houses for sale. Thanks!!
Reply With Quote Quick reply to this message

 
Old 05-30-2006, 09:24 AM
 
195 posts, read 168,134 times
Reputation: 7
In general, I would say it's a buyers market.
Reply With Quote Quick reply to this message
 
Old 05-30-2006, 09:26 AM
 
105 posts, read 585,457 times
Reputation: 120
Wow was that a quick answer!!! Thanks!!
Reply With Quote Quick reply to this message
 
Old 05-30-2006, 03:08 PM
 
Location: Midcoast Maine
4,958 posts, read 10,591,516 times
Reputation: 3340
We 're in the process of buying a house in the Raleigh area. Our realtor told us that while it's still a buyer's market, it is slowly changing to a seller's market. (In the Raleigh area anyway.)
Reply With Quote Quick reply to this message
 
Old 05-30-2006, 04:14 PM
 
2,356 posts, read 2,646,688 times
Reputation: 864
sounds like you need to get a new realtor.
Reply With Quote Quick reply to this message
 
Old 05-30-2006, 05:00 PM
 
2 posts, read 8,092 times
Reputation: 10
Default Charlotte Market

Prices in Charlotte have stayed calm amid the bubble. [moderator CUT]. Looking at the numbers in Realtor magazine the average list price was 222,000 in April and the average sale price was 216,000. From March 2005 to April 2006 the residential closing price average has gone from 197,000to 216,000. I would say its a Buyer's market. Appoximately 62% of the homes sell under 120 days and the rest over 120. Good luck.

Last edited by Marka; 05-31-2006 at 12:01 AM..
Reply With Quote Quick reply to this message
 
Old 05-30-2006, 06:45 PM
 
105 posts, read 585,457 times
Reputation: 120
Thanks SBRADY!

Does $200K get you a safe family type neighborhood? Thanks!
Reply With Quote Quick reply to this message
 
Old 05-30-2006, 07:58 PM
 
Location: Midcoast Maine
4,958 posts, read 10,591,516 times
Reputation: 3340
Quote:
Originally Posted by anonymous
sounds like you need to get a new realtor.
Thanks Anonymous! That's really helpful! (I can only assume that you're a realtor living in the Raleigh area?)
Reply With Quote Quick reply to this message
 
Old 05-30-2006, 08:04 PM
 
195 posts, read 168,134 times
Reputation: 7
Quote:
Originally Posted by holt4fam
We 're in the process of buying a house in the Raleigh area. Our realtor told us that while it's still a buyer's market, it is slowly changing to a seller's market. (In the Raleigh area anyway.)
For it to change, one item you must see is more buyers than houses for sale.
Reply With Quote Quick reply to this message
 
Old 05-30-2006, 08:05 PM
 
195 posts, read 168,134 times
Reputation: 7
Quote:
Originally Posted by SBrady
Prices in Charlotte have stayed calm amid the bubble. I am a Realtor in Charlotte. Looking at the numbers in Realtor magazine the average list price was 222,000 in April and the average sale price was 216,000. From March 2005 to April 2006 the residential closing price average has gone from 197,000to 216,000. I would say its a Buyer's market. Appoximately 62% of the homes sell under 120 days and the rest over 120. Good luck.
Where we live if it goes longer than 30 days you have priced your house to high. This summer that avg house sold in 7 days! But, again, the tide has changed and it's a buyers market.

Someone pull comps and see what the avg house sells for per sq ft? I assume $80?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top