Real Estate Market Update for Charlotte, NC
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 7% from one year earlier, and down 6% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 220-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 22%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 190-thousand dollars. The number of units sold decreased 8% year-over-year, and decreased 2% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Charlotte, NC
Area Information for Charlotte, NC
  • Population: 767,679
  • Median Age: 33.04 yr
  • Median Commute Time: 22.1 mins
  • Educational Climate*: 4
  • Sales Tax: 7.25%
  • Population Density: 2,579/sq mi
  • Population Change Since 2000: 34.07%
  • Closest Airport: Charlotte/douglas International
  • Closest College: Queens University Of Charlotte
  • Closest Jr. College: Kings College
  • Median Household Income: $53,921
  • Annual Residential Turnover: 24.97%
  • Median Years in Residence: 2.88 yr
  • Median Home Sales Price: $143,000
  • Closest Major Sports Team: Panthers
  • Change Avg. Household Income Since 2000: 12%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Charlotte, NC
Median Age: 33.04 Married: 28% Number of Households: 302,982 Households with Children: 101,989
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Charlotte, NC

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      St. Patrick Elementary School 0.4 mi Catholic K-5 0 5
      Metro 0.7 mi Public PRESCHOOL-12 0 4
      Elizabeth Traditional/classical 1.3 mi Public K-5 4 5
      Trinity Episcopal School 1.3 mi Private K-8 0 5
      First Ward Arts Elementary School 1.5 mi Public K-5 2 4
      Piedmont Open Middle School 1.5 mi Public 6-8 5 5
      Myers Park Traditional Elementary School 1.6 mi Public K-5 4-5 5
      Eastover Elementary School 1.8 mi Public PRESCHOOL-5 5 5
      Park Road Montessori 2.2 mi Public PRESCHOOL-6 5 5
      St. Ann Catholic School 2.2 mi Catholic PRESCHOOL-6 0 5
      Collinswood Language Academy 2.3 mi Public K-8 5 5
      Barringer Academic Center 2.4 mi Public K-5 4 4
      Billingsville Elementary School 2.4 mi Public PRESCHOOL-5 1 4
      Chantilly Montessori 2.7 mi Public PRESCHOOL-6 4-5 5
      Oaklawn Language Academy 2.8 mi Public K-8 3 4
      Ashley Park Elementary School 2.8 mi Public PRESCHOOL-8 1 4
      Brookstone Schools 3.1 mi Private K-6 0 5
      Northwest School Of The Arts 3.1 mi Public 6-12 4 4
      Selwyn Elementary School 3.2 mi Public K-5 5 5
      Alexander Graham Middle School 3.3 mi Public 6-8 4-5 4
      Pinewood Elementary School 3.3 mi Public PRESCHOOL-5 1 4
      Highland Mill Montessori 3.3 mi Public PRESCHOOL-5 4 4
      Cotswold Elementary School 3.6 mi Public K-5 4 5
      Harding University High School 3.6 mi Public 9-12 1 4
      Shamrock Gardens Elementary School 3.6 mi Public PRESCHOOL-5 1 4
      Randolph Middle School 3.6 mi Public 6-8 4-5 4
      Metrolina Regional Scholars Academy 3.6 mi Public K-8 5 4
      Merry Oaks Elementary School 3.7 mi Public PRESCHOOL-5 1 4
      St. Gabriel Catholic School 3.8 mi Catholic K-5 0 4
      Philips Academy 3.8 mi Private 6-12 0 5
      Adventist Christian Academy 4.1 mi Private PRESCHOOL-8 0 5
      Montclaire Elementary School 4.2 mi Public PRESCHOOL-5 1 4
      Victory Christian Center School 4.2 mi Private PRESCHOOL-12 0 4
      Charlotte Secondary School 4.3 mi Public 6-10 3 4
      Paw Creek Christian Academy 4.4 mi Private PRESCHOOL-12 0 5
      Garinger - International Studies 4.4 mi Public 9-12 0 4
      Anami Montessori School 4.4 mi Private PRESCHOOL-6 0 5
      Sharon Elementary School 4.5 mi Public K-5 4-5 5
      Waddell Language Academy 4.8 mi Public K-8 4-5 5
      Windsor Park Elementary School 5.1 mi Public PRESCHOOL-5 2-5 5
      Providence Day School 5.1 mi Private PRESCHOOL-12 0 5
      Charlotte Country Day School 5.1 mi Private PRESCHOOL-12 0 5
      Berean Junior Academy 5.2 mi Private PRESCHOOL-9 0 5
      Providence Christian School 5.5 mi Private PRESCHOOL-PRESCHOOL 0 4
      Our Lady Of The Assumption School 5.5 mi Catholic PRESCHOOL-7 0 5
      Beverly Woods Elementary School 5.5 mi Public PRESCHOOL-5 5 5
      Charlotte Jewish Day School 5.6 mi Private K-5 0 5
      Evelyn Mack Academy 5.7 mi Private K-12 0 4
      Tuckaseegee Elementary School 5.8 mi Public K-5 1 4
      Rod Of God Christian Academy 5.9 mi Private PRESCHOOL-12 0 0
      Brisbane Academy Preparatory School 6.1 mi Private PRESCHOOL-12 0 5
      Carmel Middle School 6.1 mi Public 6-8 4-5 4
      Northside Christian Academy 6.2 mi Private PRESCHOOL-12 0 4
      Charlotte Preparatory School 6.2 mi Private PRESCHOOL-8 0 4
      Charlotte Christian School 6.6 mi Private PRESCHOOL-12 0 5
      Winding Springs Elementary School 6.7 mi Public PRESCHOOL-5 1 5
      Greenway Park Elementary School 6.8 mi Public PRESCHOOL-5 1 4
      Smithfield Elementary School 6.9 mi Public PRESCHOOL-5 3-5 4
      Hickory Grove Christian School 7.0 mi Private PRESCHOOL-12 0 4
      Plaza Road Academy 7.0 mi Private 2-10 0 4
      Piney Grove Elementary School 7.1 mi Public PRESCHOOL-5 2-5 4
      Trinity Christian Preparatory School 7.2 mi Private 8-12 0 5
      Olde Providence Elementary School 7.5 mi Public K-5 5 5
      Nathaniel Alexander Elementary School 7.6 mi Public PRESCHOOL-5 1 4
      The Fletcher School 7.6 mi Private K-12 0 4
      Cato Campus Middle College 7.7 mi Public 10-12 0 4
      Berryhill Elementary School 8.1 mi Public PRESCHOOL-8 2-5 4
      Joseph W Grier Academy 8.1 mi Public K-5 3 4
      Manus Academy 8.2 mi Private 4-12 0 5
      Charlotte Catholic High School 8.5 mi Catholic 9-12 0 4
      Mcalpine Elementary School 9.0 mi Public PRESCHOOL-5 4 4
      Countryside Montessori School 9.0 mi Private PRESCHOOL-12 0 5
      Lebanon Road Elementary School 9.1 mi Public PRESCHOOL-5 2 4
      J H Gunn Elementary School 9.1 mi Public K-5 1 4
      United Faith Christian Academy 9.4 mi Private K-12 0 5
      Belmeade Drive Elementary School 9.5 mi Public PRESCHOOL-5 1 4
      Hucks Road Elementary School 9.7 mi Public K-5 3 4
      Lake Wylie Elementary School 9.8 mi Public PRESCHOOL-5 3 4
      British American School Of Charlotte 9.9 mi Private PRESCHOOL-8 0 5
      Endhaven Elementary School 10.0 mi Public K-5 4 5
      Charlotte Latin School 10.0 mi Private PRESCHOOL-12 0 5
      Back Creek Christian Academy 10.3 mi Private PRESCHOOL-8 0 4
      Winget Park Elementary School 10.4 mi Public K-5 3-5 5
      Providence Spring Elementary School 10.5 mi Public K-5 5 5
      Queen's Grant Community 10.8 mi Public K-8 3-5 5
      Jay M Robinson Middle School 10.8 mi Public 6-8 5 4
      River Gate Elementary School 11.0 mi Public K-5 3 5
      St. Matthew Catholic School 11.0 mi Catholic K-5 0 5
      Mckee Road Elementary School 11.2 mi Public K-5 5 4
      Mallard Creek High School 11.5 mi Public 9-12 3 4
      Hawk Ridge Elementary School 11.5 mi Public K-5 5 5
      Bain Elementary School 11.6 mi Public K-5 5 5
      Stoney Creek Elementary School 11.8 mi Public K-5 2-5 4
      Chesterbrook Academy 11.8 mi Private PRESCHOOL-4 0 5
      Polo Ridge Elementary School 12.0 mi Public K-5 5 4
      Highland Creek Elementary School 12.5 mi Public K-5 4-5 5
      Clear Creek Elementary School 12.6 mi Public PRESCHOOL-5 3-5 4
      Ardrey Kell High School 12.7 mi Public 9-12 4-5 4
      Elon Park Elementary School 13.0 mi Public K-5 5 4
      Palisades Episcopal School 14.8 mi Private PRESCHOOL-8 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Charlotte, NC
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.