Weddington NC Real Estate Update - April 2010
By Jonathan Osman, Charlotte House Hunter Group
(Jonathan and Associates, Inc)
Weddington Real Estate Market Update Data acquired from the CMLS: 3/1/2010 - 3/31/2010 In the month of March, 24 new homes were added to to the total available single family real estate inventory in Weddington, with an average listed price of $694,578. Four of the listings were new construction homes in the Lake Forest Preserve neighborhood and subsequently were marked as pending sales. Of the inventory in Weddington, only 11 of the 120 (10.9%) available homes were marked as either being a Pre-foreclosure or Bank-Owned and there were not any new foreclosure filings between 3/1/10 - 3/29/10 (dates for which the filing data is available). Nine single family homes closed in Weddington, with only one labeled as either a short sale or a bank owned foreclosure. The average selling price for t...
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