Dilworth, one of Charlotte’s favorite suburbs, is a walking friendly, bike friendly neighborhood with arts and crafts homes
one stop out on the Lynx, or a 5 minute bus or car ride into town. Known for its restaurants and wide boulevards, once just a sopt ofr young people, now has a large contingent of families who want to take advantage of the short commutes and all the city of Charlotte offer.
Homes for Sale are the current Active MLS listings today; Homes sold cover the most recent 90 day period.
Dilworth Homes For Sale
There are currently 80 Dilworth homes for sale, and over 17,000 homes for sale in the greater 9 county area of Charlotte. The average asking price of the Dilworth Home is $669,354 and the average Charlotte home asking price is $361,881
Dilworth- Charlotte Homes Sold
For the period 6/1/09-8/31/09
| Dilworth | Charlotte 9 County area | ||
| 2008 | Sales | 19 | 6393 |
| Avg $/sf | 236.99 | 113.85 | |
| 2009 | Sales | 25 | 5278 |
| Avg $/sf | 188.83 | 102.48 | |
| inc/dec 2008-2009 | Sales | 31.58 | -17.44 |
| Avg $/sf | -20.32 | -9.99 |
Reviewing the table, Dilworth Sales are up 31% by volume, but prices fell by 20% according to the Average cost per square foot reported in the MLS. Charlotte’s sales volume fell only 17% (compared to 35% through the first 6 months of the year) with average home prices down 10%. This is not surprising, the once red hot area of Dilworth is now only “hot” selling at an 80% premium over the broad area Charotte average price, compared to a 108% premium in 2008.
It is clear that a strong Buyer’s market prevails in Dilworth.
With 25 Dilworth Home Sales in a 90 day period, versus 80 homes for sale as of September 8, this sales rate suggests an absorption rate of 10 months, not very high when compared to many parts of the country, but only slightly lower than the 10+ months of the greater Charlotte area.
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The McDonald Team works for our Buyer Clients as Exclusive Buyer Agents- we won’t show you a house with our name on it, so we’ve got your back covered every step of the way, A -Z. We’ll keep the other players on track, and help get you into your first home or latest luxury home. Watching your back includes specific price research for homes and neighborhoods, negotiating strategies that fit your comfort level and listening to all you say you are looking for, and the unsaid too! From the first look, through closing, we are with you 100% of the way… and we love Dilworth. A smart buyer and a good Buyer agent and make GREAT deals happen! Call us today, 704-351-1519
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