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Housing MarketCharlotte has been ranked as one of the hottest and most affordable housing markets by U.S. News & World Report. According to ACCRA, a national organization of applied community researchers, the average price of a new home for a middle management, four person family in the 3rd quarter of 2000 was $187,974. The Carolina Multiple Listing Service reports the average sales price for an existing home in 2000 was $176,958. Charlotte ranks 4th on the Housing Affordability Index. Also as of February 2001, the Carolina Multiple Listing Service listed 11,807 homes. During 2000 an average of 1,778 homes were closed each month with a sufficient number of new homes being listed to maintain a diverse market. During 2000, 21,340 homes were sold through the multiple listing service for more than $3.8 billion. The average new home sale price was $162,000. This affordable market boasts a monthly mortgage payment equaling only 16% of the average household income. Click here to order our Newcomer Package with even more information on Charlotte's Housing Market. Related LinksLooking for a New Home Builder?Housing Market Lake Living Looking for a Realtor? Looking for an Apartment? Order Newcomer Information Real Estate Statistics Retirement Services
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