Have you heard that home ownership and values are on the rise in the Charlotte Metro area? Yes, it’s true and that’s great news for all Piedmont area home owners. The Charlotte Regional Realtor Association recently reported that data compiled by the Carolina Multiple Listing Services, Inc. (CMLS) showed that the number of closings for May 2012 in the residential real estate market increased by 19.0 percent from 2,191 closings in May 2011 to 2,607 this year. In addition, the average sales price showed a 4.0 percent increase since this time last year, up from $209,288 to $217,561 and the average median price was up 8.6 percent as well for the same time period, from $152,000 to $165,000. Four consecutive months of positive growth in our region continue to make the Charlotte Metro area one of the most popular places to live in the southeast.
Stats courtesy of CRRA and CMLS. For more stats on our market, visit http://www.bovenderteam.com
NEW TEAM APP!..You can stay up on all the latest market news and trends with the NEW Andy Bovender Team App on your smart phone, pad or tablet device. Currently available for the iPhone, iPad, or Droid, simply search Andy Bovender Team in your app search window, download and install. It’s fast and FREE! Developed by INSite Business Solutions (http://insitebiz.com) exclusively for our team, this all-in-one app provides a one stop shop for anyone with real estate needs plus a whole lot more. Get market updates, real estate news and articles, extensive local events, access to a comprehensive list of vendors and their specials, contact our team, get a referral in another area, search featured rentals, and much more. This app was designed to bring you value long after buying or selling a property. Download the Andy Bovender Team App today from your iPhone, Droid, or tablet and tell all your friends to do the same, you can’t afford not too!