Charlotte NC Neighborhoods - Cameron Wood Real Estate Market 1.8.09
January 8, 2009 · Print This Article
As of January 8, 2009 there are 13 available homes for sale in Charlotte NC’s Cameron Wood neighborhood and there is 1 listing currently under contract.
The currently available Cameron Wood real estate listings range in price from $192,823-$439,900.
Cameron Wood real estate between $200,000-$299,999 has less than a six month supply of real estate inventory and is therefore weighted in favor of home sellers. The majority of recent successful Cameron Wood real estate sales have been focused in these price ranges which indicates current buyers are finding value in these homes.
For Cameron Wood real estate price ranges over $350,000 current real estate inventory levels are “undefined” due to the lack of recent successful sales, and therefore real estate buyers are favored in these price ranges.
|
Price Range |
Active Listings |
Under Contract Listings |
# Sold Oct-Dec |
# Months of Inventory |
|
Less than $200,000 |
1 |
0 |
0 |
Undefined |
|
$200,000-$249,999 |
3 |
0 |
2 |
4.5 months |
|
$250,000-$299,999 |
6 |
1 |
5 |
3.6 months |
|
$300,000-$349,999 |
0 |
0 |
1 |
0 months |
|
$350,000-$399,999 |
1 |
0 |
0 |
Undefined |
|
$400,000-$449,000 |
2 |
0 |
0 |
Undefined |
|
Total |
13 |
1 |
8 |
- |
There is now a Cameron Wood real estate listing below the $200,000 mark. In the past year there have been no other Cameron Wood real estate listings at all below the $200,000 mark,so although that price range is technically “undefined” it doesn’t have the same meaning as the $350,000+ ranges. Normally an “undefined” supply of real estate inventory is the highest form of a buyer-favored market but in this case it’s not that other listings are failing to sell, but this is the lowest priced listing in Cameron Wood for the past year (it happens to be a bank owned house so it’s not a “normal” sale).
Cameron Wood is a South Charlotte neighborhood of single family homes, located between Park Rd and Carmel Rd. Home were built from the 1980’s to early 2000’s and include ranch, 1.5 story as well as 2 story homes. Cameron Wood also has a swim and racquet club with pool, clubhouse and tennis courts.
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Copyright©2009 by Diane McDermott, All Rights Reserved, “Charlotte NC Neighborhoods - Cameron Wood Real Estate Market 1.8.09″
*Statistics based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.
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