Charlotte Real Estate News and Market Report

Family outside of home - Charlotte infoKnown as the “Queen City,” Charlotte boasts a diverse business economy, great sporting and event facilities as well as several notable colleges and universities. With so much to offer, Charlotte is a great place to call home!

Are you thinking of buying or selling a home in this bustling North Carolina city? Take a look at some recent real estate data to get an idea of what you can expect from the Charlotte housing market.

Charlotte, NC Housing Statistics (calculated March 1, 2012)

Population: 681,589
Homes For Sale: 7326
Homes Recently Sold: 6565

Median Home Value: $125,800
1-Year Change: -5.4%

Median List Price: $157,000
Median Sale Price: $160,200
Homes Foreclosed: 12.87 (per 10,000)/month

(Source: Zillow.com)

For information on current Charlotte mortgage rates and home loan solutions, visit Gateway Bank Mortgage online at www.gwmortgage.com.

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