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Charlotte Metrolina Market Satistics
These statistics are drawn from the Carolina MLS and reflect only what has been listed and sold thru the MLS board. The appreciation shows the ratio between the Average sale price at the end of the previous year and the average sale price of the next year.
Totals of the Areas of Mecklenburg County seen below 2005 2006 2007 2008 2009
# of New Listings 22,986 23,781 25,733 23,189 18,971
# of Sold Listings 15,344 16,327 14,360 9592 7788
Avg. List Price $241,497 $274,802 $293,859 $293,227 $274,141
Avg. Sale Price $221,602 $232,239 $247,693 $239,867 $211,726
1 year Apprciation 3.23% 4.80% 6.65% -3.02% -11.73%
% of Listings Sold 66.75% 68.66% 55.80% 40.32% 41.05%
Avg. Days on Market 77 74 68 76 90
Most of the areas of Mecklenburg County, as you can see on the map above, are rather pie-shaped and extend from the I-277 beltway to the county line. On each area I will give you the approximate sides of the area.
Area 1 (between I-77 on the west to N. Tryon St(onto Hwy 29) on the Southeast)
2005 2006 2007 2008 2009
# of New Listings 4448 4563 5124 4309 3595
# of Sold Listings 3223 3261 2779 1979 1580
Avg. List Price $202,025 $218,211 $234,745 $236,382 $229,853
Avg. Sale Price $197,759 $207,857 $213,770 $210,962 $188,403
1 year Apprciation 0.98% 5.11% 2.85% -1.31% -10.69%
% of Listings Sold 72.46% 71.47% 54.23% 45.92% 43.95%
Avg. Days on Market 84 74 72 94 103
Area 2 (between N. Tryon (Hwy 29) on the northwest and Albemarle Rd on the south)
2005 2006 2007 2008 2009
# of New Listings 3614 3632 4023 3341 2648
# of Sold Listings 2239 2387 2044 1399 1133
Avg. List Price $146,002 $162,727 $184,434 $182,516 $167,527
Avg. Sale Price $141,804 $150,368 $160,545 $155,023 $133,246
1 year Apprciation 7.40% 6.04% 6.77% -3.44% -14.05%
% of Listings Sold 61.95% 65.72% 50.80% 41.87% 42.79%
Avg. Days on Market 85 83 72 86 96
Area 3 (between Albemarle Rd. on the north and Independence Blvd on the southwest) 2005 2006 2007 2008 2009
# of New Listings 2121 2071 2254 1995 1588
# of Sold Listings 1313 1417 1352 814 660
Avg. List Price $161,007 $186,601 $213,765 $232,835 $193,752
Avg. Sale Price $155,019 $165,168 $183,652 $190,270 $161,085
1 year Apprciation 6,89% 6.55% 10.06% +3.60% -15.34%
% of Listings Sold 61.90% 68.42% 59.98% 40.80% 41.56%
Avg. Days on Market 92 81 69 90 106
Area 3 showed a possitive appreciation for the 2008 year and shows the highest percentage drop in 2009.
Area 4 (between Independence Blvd on the north east and Providence Rd on the west)
2005 2006 2007 2008 2009
# of New Listings 2276 2220 2416 2426 2154
# of Sold Listings 1643 1611 1385 863 751
Avg. List Price $315,848 $378,934 $410,155 $437,242 $401,438
Avg. Sale Price $293,334 $320,361 $353,610 $348,569 $315,681
1 year Apprciation 5.21% 9.21% 10.38% -1.43% -9.44%
% of Listings Sold 72.19% 72.57% 57.33% 35.57% 34.86%
Avg. Days on Market 68 61 54 77 106
Area 5 (between Providence Rd on the East and Park Rd and Lancaster Hwy on the west)
2005 2006 2007 2008 2009
# of New Listings 3568 4563 3793 3788 3210
# of Sold Listings 2581 3261 2207 1413 1084
Avg. List Price $478,361 $557,879 $568,957 $599,534 $581,321
Avg. Sale Price $410,105 $449,062 $490,082 $481,856 $423,176
1 year Apprciation 9.36% 9.50% 9.13% -1.68% -12.18%
% of Listings Sold 72.34% 71.47% 58.19% 37.30% 33.77%
Avg. Days on Market 68 56 57 74 112
Area 6 (between Park Rd and Lancaster Hwy on the east and I-77 on the west) 2005 2006 2007 2008 2009
# of New Listings 1240 1242 1266 1372 1178
# of Sold Listings 935 928 733 498 472
Avg. List Price $210,057 $259,247 $314,667 $324,384 $284,583
Avg. Sale Price $196,159 $231,396 $269,313 $263,697 $246,293
1 year Apprciation -2.36% 17.96% 16.39% -2.09% -6.60%
% of Listings Sold 75.40% 74.72% 57.90% 36.30% 40.32%
Avg. Days on Market 62 51 53 74 91
Area 6 showed the smallest depreciation of all of the main area of Mecklenburg County.
Area 7 (I-77 and York Co on the southwest and Wilkinson Blvd on the north) 2005 2006 2007 2008 2009
# of New Listings 1504 1827 1902 1720 1368
# of Sold Listings 988 1226 1215 822 639
Avg. List Price $148,551 $166,589 $182,243 $179,107 $165,109
Avg. Sale Price $143,240 $160,148 $167,102 $161,201 $149,058
1 year Apprciation 6.64% 11.80% 4.34% -3.53% -7.53%
% of Listings Sold 65.69% 67.10% 63.88% 47.79% 46.71%
Avg. Days on Market 77 68 65 83 88
Area 8(between Wilkinson Blvd. on the south and Brookshire Blvd on the north east)
2005 2006 2007 2008 2009
# of New Listings 1819 2058 2118 1807 1308
# of Sold Listings 862 1209 1138 775 600
Avg. List Price $109,174 $114,768 $120,778 $128,138 $115,335
Avg. Sale Price $102,416 $109,624 $111,744 $103,056 $88,260
1 year Apprciation 2.74% 7.04% 1.93% -7.77% -14.36%
% of Listings Sold 47.39% 58.75% 53.73% 42.89% 45.87%
Avg. Days on Market 99 84 81 88 97
Area 9 (between Brookshire Blvd on the southwest and I-77 on the east but taking our an area around Mountain Lake)
2005 2006 2007 2008 2009
# of New Listings 2379 2618 2817 2410 1908
# of Sold Listings 1554 1764 1489 1024 866
Avg. List Price $182,578 $191,774 $200,342 $205,095 $205.449
Avg. Sale Price $183,729 $185,501 $187,410 $179,660 $152,958
1 year Apprciation 9.04% 0.96% 1.03% -4.14% -14.86%
% of Listings Sold 65.0% 67.38% 52.86% 42.49% 45.39%
Avg. Days on Market 86 72 68 86 97
Area 99 (the area inside the I-77 and I-277 beltway. This area have very few houses and is becoming more of a condo/townhome area)
2005 2006 2007 2008 2009
# of New Listings 17 37 20 21 14
# of Sold Listings 6 12 18 5 3
Avg. List Price $461,347 $511,294 $508,504 $407,038 $408,156
Avg. Sale Price $447,416 $463,229 $463,982 $441,700 $414,966
1 year Apprciation 8.64% 3.53% 0.16% * *
% of Listings Sold 35.39% 32.43% 90.00% 23.81% 21.42%
Avg. Days on Market 50 110 96 221 172
*The statistics in the center city as far as houses go are really to few to get any real picture. There are more condos/townhouses in the Uptown area than single family homes.
Area 10 - Union County
2005 2006 2007 2008 2009
# of New Listings 5500 6215 7208 6728 5439
# of Sold Listings 3831 4106 3541 2356 2060
Avg. List Price $300,107 $333,073 $374,822 $386,101 $350,709
Avg. Sale Price $262,001 $281,334 $296,770 $290,155 $263,226
1 year Apprciation 8.66% 7.38% 5.49% -2.23% -9.28%
% of Listings Sold 69.65% 66.07% 49.13% 35.02% 37.87%
Avg. Days on Market 92 83 86 104 115
Area 15 - Lake Wylie The area around Lake Wylie in both NC and SC. 2005 2006 2007 2008 2009
# of New Listings 705 868 1133 1178 1116
# of Sold Listings 483 529 516 383 287
Avg. List Price $473,685 $484,482 $552,213 $533,379 $486,302
Avg. Sale Price $369,604 $446,276 $469,797 $438,304 $364,231
1 year Apprciation 18.21% 20.74% 5.27% -6.70% -16.90%
% of Listings Sold 68.51% 60.94% 45.54% 32.51% 25.72%
Avg. Days on Market 107 96 109 121 139
Area 17 - York County
2005 2006 2007 2008 2009
# of New Listings 2821 3097 3535 3540 2959
# of Sold Listings 1826 2054 2071 1594 1376
Avg. List Price $207,303 $241,100 $267,203 $255,892 $241,919
Avg. Sale Price $196,263 $207,738 $235,229 $231,052 $207,020
1 year Apprciation 5.63% 5.85% 13.23% -1.78% -10.40%
% of Listings Sold 64.73% 66.32% 58.59% 45.03% 46.50%
Avg. Days on Market 101 89 90 97 115
York County is covered by both the Carolinas MLS (these statistics) and the Piedmont MLS based in Rock Hill. Most properties are listed on both boards, but not all. This could affect some of these statistics slightly.
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