SlideShare a Scribd company logo
On the MOVEThe Helen Adams Realty Monthly Market Update
December 2015
Residential real estate is experiencing its
best year since the recession. Housing
demand is healthy, and that is expected to
continue until the end of the year. Home
sales are actually set to have their best
national showing since 2006. More of the
same is anticipated in 2016, but inventory
and affordability challenges coupled with
mortgage rate increases will likely keep
any sort of monster growth in check.
This should be a good thing for keeping
home prices from increasing too rapidly
to maintain economic stability.
New Listings in the Charlotte region
decreased 4.7 percent to 3,042. Pending
Sales were up 18.1 percent to 3,000.
Inventory levels fell 22.5 percent to 11,666
units.
Prices Continue to Gain Traction
Reprinted from November 2015 CRRA Monthly Indicators
P2 Vital Signs
P3 In Memory of our 		
Founder, Helen Adams
P4 Residential Closings &
	 Beth’s Bits
In
this
Issue
Prices continued to gain traction. The
Median Sales Price increased 9.4 percent to
$197,000.ListtoClosewasdown7.3percent
to 115 days. Sellers were encouraged as
Months Supply of Homes for Sale was down
34.0 percent to 3.3 months.
Unemployment rates across the nation
changed little last month, which bodes
well for an increase in buying activity.
The national jobless rate was 5.0 percent
in October, which was 0.7 percent lower
than the year prior. Although housing and
employment data are quite positive at this
juncture, it is still certainly possible for
listings and sales to be down in year-over-
year comparisons. Bad weather and the mix
of housing available to buyers tend to have
a greater effect on trends at the end of the
year than during the midsummer months.
www.helenadamsrealty.com
Ballantyne Office
15235-J John J. Delaney Dr.
Charlotte, NC 28277
Beth Haemmerlein
BROKER/REALTOR®
Cell: 704.243.8773
beth@helenadamsrealty.com
The Vitals:
A look at Charlotte’s Overall Real Estate Market
•	 Inventory continues to shrink, with the
change in new listings in the Charlotte region
decreasing year over year 4.7% to 3,042 and
total inventory down 22.5% from last year.
•	 The price range with the strongest sales was
$200,001-$300,000.
•	 Months supply of homes for sale has shrunk
to 3.3 months. This means that inventory
remains low and it remains a very competitive
market for buyers.
•	 Condo sales seem to be more popular this
month and are ahead, up 26.2% since this
time last year.
•	 For the 12-month period spanning December 2014 through November 2015, Pending sales in the Charlotte
region were up 16.1 percent overall.
Change in
Closed Sales
Pending
Sales
Change in
New Listings
Average
Sales Price
Total
Active Listings
Average Days
List to Close
Months Supply of
Homes for Sale
-3.3%
2,439
-4.7%
3,042
-7.3%
115
+18.1%
3,000
-22.5%
11,666
+5.8%
$240,663
-34.0%
3.3
(1)
(1) Data Represents change in data since this time last year. (2) Data Represents the most recent month’s data for CMLS.
(2)
Monthly Market Snapshot
Charlotte, NC and the Surrounding Areas
Market Updates
Monthly Average 30-Year Fixed-Rate Mortgage Rates
as reported by www.freddiemac.com
4
3.86
3.67
3.71
3.77
3.67
3.84
3.98
4.05
3.91
3.89
3.8
3.94
3.5
3.6
3.7
3.8
3.9
4
4.1
Nov. 14 Dec. 14 Jan. 15 Feb. 15 Mar. 15 Apr. 15 May. 15 Jun. 15 Jul. 15 Aug. 15 Sep. 15 Oct. Nov. 15
In Memory of Our Founder, Helen Adams
Two thousand fifteen marked a monumental year for Helen Adams Realty. Perhaps most
noteworthy was the celebration of our 40th year in business. The company celebrated by
establishing the Helen Adams Realty scholarship fund at UNC Charlotte and has succeeded
in providing financial aid to its first candidate. Internally, the company continued to celebrate
its commitment to providing the highest level of customer service. This foundation of giving
and giving back was laid by the company’s founder, Helen Adams.
While the year provided many wonderful moments and accomplishments, it also brought sad
times for the Adams family and the company. On November 25th, 2015, Helen passed away.
At the service for Helen, held at Christ Church Charlotte on November 28th, 2015, her family
stood up and, fitting for Thanksgiving weekend, spoke about how thankful they had been to have her in their
lives. Jeff Adams, current President of Helen Adams Realty and Helen’s son, had this to say about his mother
at her service:
“She was a true real estate pioneer and entrepreneur and saleswoman extraordinaire. And in her heyday she sold
the lion’s share of some of the finest homes in town.
So a word about her real estate acumen: I can remember sitting outside of her office and listening to her negotiate
a deal. Her delivery was always eloquent and up-front. She had a great sense of timing and she could always figure
out how to put a deal together – no matter the circumstances. I
realize now that her intuition had a lot to do with her knowledge
of the market and the strong relationships she developed with her
clients, peers and colleagues.
She had a passionate belief that she would make the deal happen
in their best interests. Her clients knew this about her and they
trusted her advice… and this is her legacy.”
Helen will be missed, but her values live on, in her family, her
company, and in all of those that knew her.
2745
3050
2359 2263
3195
3408
3845
4434 4383
3905
3436
3073
2439
0
500
1000
1500
2000
2500
3000
3500
4000
4500
5000
Nov. 14 Dec. 14 Jan. 15 Feb. 15 Mar. 15 Apr. 15 May. 15 Jun. 15 Jul. 15 Aug. 15 Sep. 15 Oct. 15 Nov.15
$234,351
ASP
Residential Closings for the Entire CMLS Area
November 2014 - November 2015
$228,085
ASP
$228,080
ASP
$227,104
ASP
$229,437
ASP
$233,505
ASP $218,673
ASP
$241,176
ASP
$245,197
ASP
$255,125
ASP $240,169
ASP $237,646
ASP
$240,663
ASP
Beth's Bits:Christmas is one of my favorite times of the year and one of the best things about Christmas is Christmas
tree decorating! It’s truly an annual event that involves visiting a dozen or more tree vendors or tree farms
to find the perfect tree, then walking down memory lane as we put up ornaments gathered over the years.
Then, we sit back and enjoy it until after “Little Christmas,” which happens to be my birthday, January 6th
(12 days after Christmas). But then what? What do you do with your Christmas tree after Christmas? In-
stead of just throwing it out, here’s some ideas of other things to do with your tree this year:
Mulch With Needles: Pine
needles dry quickly and
decompose slowly, making
them an excellent moisture-
and mold-free mulch for
ground-covering crops, such
as strawberries, to rest on.
Make Coasters and Trivets:
Cut thin slabs off the trunk,
sand them smooth, and apply
a thin coat of polyurethane to
keep the sap off tables and 	
	glassware.
Chip It: Rent a chipper (get
a few neighbors together to
split the cost) and feed the
tree through it. Next spring,
spread the wood chips under
shrubs; they’ll suppress weeds
and, as they decompose, add
nutrients to the soil.
Feed a Fire Pit: It’s fine to use
a few of the quick-to-ignite
branches to start an outdoor
fire pit—but never in an in-
door fireplace, where creosote
build-up is a hazard.
Stake Your Plants: Strip small
branches and use the
remaining twigs to support
indoor potted plants or stake
leggy seedlings.
Create a Bird Sanctuary:
Place your tree in its stand
outdoors. Fill bird feeders
and hang them from the
boughs, or drape the tree with
a swag of pinecones coated
with peanut butter.
Insulate Perennials: Cut off
boughs and lay them over pe-
rennial beds to protect them
from snow and reduce frost
heaving.
Edge Your Borders: Cut the
trunk into 2-inch
discs and set them
into the soil to
edge flower
beds or
walkways.

More Related Content

What's hot

Annie Williams Real Estate Report - December 2020
Annie Williams Real Estate Report - December 2020Annie Williams Real Estate Report - December 2020
Annie Williams Real Estate Report - December 2020
Jon Weaver
 
July 2017 Redondo Beach Real Estate Market Trends Update
July 2017 Redondo Beach Real Estate Market Trends UpdateJuly 2017 Redondo Beach Real Estate Market Trends Update
July 2017 Redondo Beach Real Estate Market Trends Update
HHC South Bay Real Estate Agents
 
June 2017 Redondo Beach Real Estate Market Trends Update
June 2017 Redondo Beach Real Estate Market Trends UpdateJune 2017 Redondo Beach Real Estate Market Trends Update
June 2017 Redondo Beach Real Estate Market Trends Update
HHC South Bay Real Estate Agents
 
Home Prices & Sales Up in June - July Real Estate Report
Home Prices & Sales Up in June - July Real Estate ReportHome Prices & Sales Up in June - July Real Estate Report
Home Prices & Sales Up in June - July Real Estate Report
Robb Fleischer, GRI
 
December 2015 Redondo Beach Real Estate Market Trends Update
December 2015 Redondo Beach Real Estate Market Trends UpdateDecember 2015 Redondo Beach Real Estate Market Trends Update
December 2015 Redondo Beach Real Estate Market Trends Update
HHC South Bay Real Estate Agents
 
Annie Williams Real Estate Report Sept-Oct 2015
Annie Williams Real Estate Report Sept-Oct 2015Annie Williams Real Estate Report Sept-Oct 2015
Annie Williams Real Estate Report Sept-Oct 2015
Jon Weaver
 
Crested Butte Real Estate Market Report - Ski Season 2014-2015
Crested Butte Real Estate Market Report - Ski Season 2014-2015Crested Butte Real Estate Market Report - Ski Season 2014-2015
Crested Butte Real Estate Market Report - Ski Season 2014-2015
Chris Kopf
 
Southwest California Realtor Report for September 2019
Southwest California Realtor Report for September 2019Southwest California Realtor Report for September 2019
Southwest California Realtor Report for September 2019
Southwest Riverside County Association of Realtors
 
Robb fleischersf 2019feb
Robb fleischersf 2019febRobb fleischersf 2019feb
Robb fleischersf 2019feb
Robb Fleischer, GRI
 
July 2015 Home Sales Report
July 2015 Home Sales ReportJuly 2015 Home Sales Report
July 2015 Home Sales Report
Phil Sveum
 
Manhattan Townhouse Report 2015
Manhattan Townhouse Report 2015Manhattan Townhouse Report 2015
Manhattan Townhouse Report 2015
Charles Zivancev
 
June 2015 Redondo Beach Real Estate Market Trends Update
June 2015 Redondo Beach Real Estate Market Trends UpdateJune 2015 Redondo Beach Real Estate Market Trends Update
June 2015 Redondo Beach Real Estate Market Trends Update
HHC South Bay Real Estate Agents
 
December 2013 Hermosa Beach Real Estate Market Trends Update
December 2013 Hermosa Beach Real Estate Market Trends UpdateDecember 2013 Hermosa Beach Real Estate Market Trends Update
December 2013 Hermosa Beach Real Estate Market Trends Update
HHC South Bay Real Estate Agents
 

What's hot (13)

Annie Williams Real Estate Report - December 2020
Annie Williams Real Estate Report - December 2020Annie Williams Real Estate Report - December 2020
Annie Williams Real Estate Report - December 2020
 
July 2017 Redondo Beach Real Estate Market Trends Update
July 2017 Redondo Beach Real Estate Market Trends UpdateJuly 2017 Redondo Beach Real Estate Market Trends Update
July 2017 Redondo Beach Real Estate Market Trends Update
 
June 2017 Redondo Beach Real Estate Market Trends Update
June 2017 Redondo Beach Real Estate Market Trends UpdateJune 2017 Redondo Beach Real Estate Market Trends Update
June 2017 Redondo Beach Real Estate Market Trends Update
 
Home Prices & Sales Up in June - July Real Estate Report
Home Prices & Sales Up in June - July Real Estate ReportHome Prices & Sales Up in June - July Real Estate Report
Home Prices & Sales Up in June - July Real Estate Report
 
December 2015 Redondo Beach Real Estate Market Trends Update
December 2015 Redondo Beach Real Estate Market Trends UpdateDecember 2015 Redondo Beach Real Estate Market Trends Update
December 2015 Redondo Beach Real Estate Market Trends Update
 
Annie Williams Real Estate Report Sept-Oct 2015
Annie Williams Real Estate Report Sept-Oct 2015Annie Williams Real Estate Report Sept-Oct 2015
Annie Williams Real Estate Report Sept-Oct 2015
 
Crested Butte Real Estate Market Report - Ski Season 2014-2015
Crested Butte Real Estate Market Report - Ski Season 2014-2015Crested Butte Real Estate Market Report - Ski Season 2014-2015
Crested Butte Real Estate Market Report - Ski Season 2014-2015
 
Southwest California Realtor Report for September 2019
Southwest California Realtor Report for September 2019Southwest California Realtor Report for September 2019
Southwest California Realtor Report for September 2019
 
Robb fleischersf 2019feb
Robb fleischersf 2019febRobb fleischersf 2019feb
Robb fleischersf 2019feb
 
July 2015 Home Sales Report
July 2015 Home Sales ReportJuly 2015 Home Sales Report
July 2015 Home Sales Report
 
Manhattan Townhouse Report 2015
Manhattan Townhouse Report 2015Manhattan Townhouse Report 2015
Manhattan Townhouse Report 2015
 
June 2015 Redondo Beach Real Estate Market Trends Update
June 2015 Redondo Beach Real Estate Market Trends UpdateJune 2015 Redondo Beach Real Estate Market Trends Update
June 2015 Redondo Beach Real Estate Market Trends Update
 
December 2013 Hermosa Beach Real Estate Market Trends Update
December 2013 Hermosa Beach Real Estate Market Trends UpdateDecember 2013 Hermosa Beach Real Estate Market Trends Update
December 2013 Hermosa Beach Real Estate Market Trends Update
 

Viewers also liked

Final project barnard
Final project barnardFinal project barnard
Final project barnard
kerilynnbarnard
 
Tecnologia virtual
Tecnologia virtualTecnologia virtual
Tecnologia virtual
Misael Iscala
 
Live Magazine
Live MagazineLive Magazine
Live Magazine
LiveMagazine
 
Iaati 2016-conference-agenda
Iaati 2016-conference-agendaIaati 2016-conference-agenda
Iaati 2016-conference-agenda
Mike Briggs
 
#UKHUG 2016: Inbound Sales - Katapult
#UKHUG 2016: Inbound Sales - Katapult#UKHUG 2016: Inbound Sales - Katapult
#UKHUG 2016: Inbound Sales - Katapult
UK HubSpot User Group (HUG)
 
Scopus - Guía de uso vr. 2
Scopus - Guía de uso vr. 2Scopus - Guía de uso vr. 2
Scopus - Guía de uso vr. 2
Marta Domínguez-Senra
 
Recomendacion
RecomendacionRecomendacion
Recomendacion
carito12345love
 
Cmgt 410 ver.13 entire class
Cmgt 410 ver.13 entire classCmgt 410 ver.13 entire class
Cmgt 410 ver.13 entire class
Laynevine
 
Evaluation Question Two
Evaluation Question TwoEvaluation Question Two
Evaluation Question Two
dwintermedia
 
Medinteract guía de uso
Medinteract   guía de usoMedinteract   guía de uso
Medinteract guía de uso
Marta Domínguez-Senra
 
Detective Dot & The children's intelligence agency
Detective Dot & The children's intelligence agencyDetective Dot & The children's intelligence agency
Detective Dot & The children's intelligence agency
Centre for the Acceleration of Social Technology
 
Good morning student
Good morning studentGood morning student
Good morning student
Rosaura Callo Condori
 
Live Magazine
Live MagazineLive Magazine
Live Magazine
LiveMagazine
 

Viewers also liked (13)

Final project barnard
Final project barnardFinal project barnard
Final project barnard
 
Tecnologia virtual
Tecnologia virtualTecnologia virtual
Tecnologia virtual
 
Live Magazine
Live MagazineLive Magazine
Live Magazine
 
Iaati 2016-conference-agenda
Iaati 2016-conference-agendaIaati 2016-conference-agenda
Iaati 2016-conference-agenda
 
#UKHUG 2016: Inbound Sales - Katapult
#UKHUG 2016: Inbound Sales - Katapult#UKHUG 2016: Inbound Sales - Katapult
#UKHUG 2016: Inbound Sales - Katapult
 
Scopus - Guía de uso vr. 2
Scopus - Guía de uso vr. 2Scopus - Guía de uso vr. 2
Scopus - Guía de uso vr. 2
 
Recomendacion
RecomendacionRecomendacion
Recomendacion
 
Cmgt 410 ver.13 entire class
Cmgt 410 ver.13 entire classCmgt 410 ver.13 entire class
Cmgt 410 ver.13 entire class
 
Evaluation Question Two
Evaluation Question TwoEvaluation Question Two
Evaluation Question Two
 
Medinteract guía de uso
Medinteract   guía de usoMedinteract   guía de uso
Medinteract guía de uso
 
Detective Dot & The children's intelligence agency
Detective Dot & The children's intelligence agencyDetective Dot & The children's intelligence agency
Detective Dot & The children's intelligence agency
 
Good morning student
Good morning studentGood morning student
Good morning student
 
Live Magazine
Live MagazineLive Magazine
Live Magazine
 

Similar to OTM_December_2015 Beth

Annie Williams Real Estate Report - Dec 2015
Annie Williams Real Estate Report - Dec 2015Annie Williams Real Estate Report - Dec 2015
Annie Williams Real Estate Report - Dec 2015
Jon Weaver
 
Pat Bradley-Falke's Listing Presentation .pptx
Pat Bradley-Falke's Listing Presentation .pptxPat Bradley-Falke's Listing Presentation .pptx
Pat Bradley-Falke's Listing Presentation .pptx
Pat Bradley-Falke, CRS,ABR,CRB
 
What's So Special About Dallas Real Estate
What's So Special About Dallas Real EstateWhat's So Special About Dallas Real Estate
What's So Special About Dallas Real EstatePandaMC
 
Hrep Kmr Presentation
Hrep Kmr PresentationHrep Kmr Presentation
Hrep Kmr Presentation
Designdiva
 
Susan Heater 2009 Presentation
Susan Heater 2009 PresentationSusan Heater 2009 Presentation
Susan Heater 2009 Presentationguest55e0db
 
Lacey Sellers Guide
Lacey Sellers GuideLacey Sellers Guide
Lacey Sellers GuideAbby McClain
 
MyTownCryer June, 2010
MyTownCryer June, 2010MyTownCryer June, 2010
MyTownCryer June, 2010
Tom Cryer
 
March 2014 market update seminar public
March 2014 market update seminar publicMarch 2014 market update seminar public
March 2014 market update seminar public
Weichert Realtors
 
2020 guide to selling your home
2020 guide to selling your home2020 guide to selling your home
2020 guide to selling your home
Drew Carlyle
 
Annie Williams Real Estate Report Nov-Dec 2015
Annie Williams Real Estate Report Nov-Dec 2015Annie Williams Real Estate Report Nov-Dec 2015
Annie Williams Real Estate Report Nov-Dec 2015
Jon Weaver
 
Steve listingbook
Steve listingbookSteve listingbook
Steve listingbook
Steve Holstine
 
Greater Cleveland Real Estate Market Update - Summer2016
Greater Cleveland Real Estate Market Update - Summer2016Greater Cleveland Real Estate Market Update - Summer2016
Greater Cleveland Real Estate Market Update - Summer2016
Lisa Humenik
 
This Month in Real Estate - Jan 2011
This Month in Real Estate - Jan 2011This Month in Real Estate - Jan 2011
This Month in Real Estate - Jan 2011scearley
 
1 11 league of cities
1 11 league of cities1 11 league of cities
Monthly Market Report - December 2018 from Physicians Agent™ Network
Monthly Market Report - December 2018 from Physicians Agent™ NetworkMonthly Market Report - December 2018 from Physicians Agent™ Network
Monthly Market Report - December 2018 from Physicians Agent™ Network
Physician Loans USA
 

Similar to OTM_December_2015 Beth (20)

Annie Williams Real Estate Report - Dec 2015
Annie Williams Real Estate Report - Dec 2015Annie Williams Real Estate Report - Dec 2015
Annie Williams Real Estate Report - Dec 2015
 
Pat Bradley-Falke's Listing Presentation .pptx
Pat Bradley-Falke's Listing Presentation .pptxPat Bradley-Falke's Listing Presentation .pptx
Pat Bradley-Falke's Listing Presentation .pptx
 
Newsletter dec 2010t
Newsletter dec 2010tNewsletter dec 2010t
Newsletter dec 2010t
 
OTM_March_2016
OTM_March_2016OTM_March_2016
OTM_March_2016
 
What's So Special About Dallas Real Estate
What's So Special About Dallas Real EstateWhat's So Special About Dallas Real Estate
What's So Special About Dallas Real Estate
 
Hrep Kmr Presentation
Hrep Kmr PresentationHrep Kmr Presentation
Hrep Kmr Presentation
 
Susan Heater 2009 Presentation
Susan Heater 2009 PresentationSusan Heater 2009 Presentation
Susan Heater 2009 Presentation
 
Lacey Sellers Guide
Lacey Sellers GuideLacey Sellers Guide
Lacey Sellers Guide
 
MyTownCryer June, 2010
MyTownCryer June, 2010MyTownCryer June, 2010
MyTownCryer June, 2010
 
March 2014 market update seminar public
March 2014 market update seminar publicMarch 2014 market update seminar public
March 2014 market update seminar public
 
2020 guide to selling your home
2020 guide to selling your home2020 guide to selling your home
2020 guide to selling your home
 
Annie Williams Real Estate Report Nov-Dec 2015
Annie Williams Real Estate Report Nov-Dec 2015Annie Williams Real Estate Report Nov-Dec 2015
Annie Williams Real Estate Report Nov-Dec 2015
 
Steve listingbook
Steve listingbookSteve listingbook
Steve listingbook
 
Greater Cleveland Real Estate Market Update - Summer2016
Greater Cleveland Real Estate Market Update - Summer2016Greater Cleveland Real Estate Market Update - Summer2016
Greater Cleveland Real Estate Market Update - Summer2016
 
This Month in Real Estate - Jan 2011
This Month in Real Estate - Jan 2011This Month in Real Estate - Jan 2011
This Month in Real Estate - Jan 2011
 
05 tmire may_ca_2011
05 tmire may_ca_201105 tmire may_ca_2011
05 tmire may_ca_2011
 
Oct 2015 Monthly Market Update
Oct 2015 Monthly Market UpdateOct 2015 Monthly Market Update
Oct 2015 Monthly Market Update
 
1 11 league of cities
1 11 league of cities1 11 league of cities
1 11 league of cities
 
OTM_january_2016 Beth
OTM_january_2016 BethOTM_january_2016 Beth
OTM_january_2016 Beth
 
Monthly Market Report - December 2018 from Physicians Agent™ Network
Monthly Market Report - December 2018 from Physicians Agent™ NetworkMonthly Market Report - December 2018 from Physicians Agent™ Network
Monthly Market Report - December 2018 from Physicians Agent™ Network
 

OTM_December_2015 Beth

  • 1. On the MOVEThe Helen Adams Realty Monthly Market Update December 2015 Residential real estate is experiencing its best year since the recession. Housing demand is healthy, and that is expected to continue until the end of the year. Home sales are actually set to have their best national showing since 2006. More of the same is anticipated in 2016, but inventory and affordability challenges coupled with mortgage rate increases will likely keep any sort of monster growth in check. This should be a good thing for keeping home prices from increasing too rapidly to maintain economic stability. New Listings in the Charlotte region decreased 4.7 percent to 3,042. Pending Sales were up 18.1 percent to 3,000. Inventory levels fell 22.5 percent to 11,666 units. Prices Continue to Gain Traction Reprinted from November 2015 CRRA Monthly Indicators P2 Vital Signs P3 In Memory of our Founder, Helen Adams P4 Residential Closings & Beth’s Bits In this Issue Prices continued to gain traction. The Median Sales Price increased 9.4 percent to $197,000.ListtoClosewasdown7.3percent to 115 days. Sellers were encouraged as Months Supply of Homes for Sale was down 34.0 percent to 3.3 months. Unemployment rates across the nation changed little last month, which bodes well for an increase in buying activity. The national jobless rate was 5.0 percent in October, which was 0.7 percent lower than the year prior. Although housing and employment data are quite positive at this juncture, it is still certainly possible for listings and sales to be down in year-over- year comparisons. Bad weather and the mix of housing available to buyers tend to have a greater effect on trends at the end of the year than during the midsummer months. www.helenadamsrealty.com Ballantyne Office 15235-J John J. Delaney Dr. Charlotte, NC 28277 Beth Haemmerlein BROKER/REALTOR® Cell: 704.243.8773 beth@helenadamsrealty.com
  • 2. The Vitals: A look at Charlotte’s Overall Real Estate Market • Inventory continues to shrink, with the change in new listings in the Charlotte region decreasing year over year 4.7% to 3,042 and total inventory down 22.5% from last year. • The price range with the strongest sales was $200,001-$300,000. • Months supply of homes for sale has shrunk to 3.3 months. This means that inventory remains low and it remains a very competitive market for buyers. • Condo sales seem to be more popular this month and are ahead, up 26.2% since this time last year. • For the 12-month period spanning December 2014 through November 2015, Pending sales in the Charlotte region were up 16.1 percent overall. Change in Closed Sales Pending Sales Change in New Listings Average Sales Price Total Active Listings Average Days List to Close Months Supply of Homes for Sale -3.3% 2,439 -4.7% 3,042 -7.3% 115 +18.1% 3,000 -22.5% 11,666 +5.8% $240,663 -34.0% 3.3 (1) (1) Data Represents change in data since this time last year. (2) Data Represents the most recent month’s data for CMLS. (2) Monthly Market Snapshot Charlotte, NC and the Surrounding Areas Market Updates Monthly Average 30-Year Fixed-Rate Mortgage Rates as reported by www.freddiemac.com 4 3.86 3.67 3.71 3.77 3.67 3.84 3.98 4.05 3.91 3.89 3.8 3.94 3.5 3.6 3.7 3.8 3.9 4 4.1 Nov. 14 Dec. 14 Jan. 15 Feb. 15 Mar. 15 Apr. 15 May. 15 Jun. 15 Jul. 15 Aug. 15 Sep. 15 Oct. Nov. 15
  • 3. In Memory of Our Founder, Helen Adams Two thousand fifteen marked a monumental year for Helen Adams Realty. Perhaps most noteworthy was the celebration of our 40th year in business. The company celebrated by establishing the Helen Adams Realty scholarship fund at UNC Charlotte and has succeeded in providing financial aid to its first candidate. Internally, the company continued to celebrate its commitment to providing the highest level of customer service. This foundation of giving and giving back was laid by the company’s founder, Helen Adams. While the year provided many wonderful moments and accomplishments, it also brought sad times for the Adams family and the company. On November 25th, 2015, Helen passed away. At the service for Helen, held at Christ Church Charlotte on November 28th, 2015, her family stood up and, fitting for Thanksgiving weekend, spoke about how thankful they had been to have her in their lives. Jeff Adams, current President of Helen Adams Realty and Helen’s son, had this to say about his mother at her service: “She was a true real estate pioneer and entrepreneur and saleswoman extraordinaire. And in her heyday she sold the lion’s share of some of the finest homes in town. So a word about her real estate acumen: I can remember sitting outside of her office and listening to her negotiate a deal. Her delivery was always eloquent and up-front. She had a great sense of timing and she could always figure out how to put a deal together – no matter the circumstances. I realize now that her intuition had a lot to do with her knowledge of the market and the strong relationships she developed with her clients, peers and colleagues. She had a passionate belief that she would make the deal happen in their best interests. Her clients knew this about her and they trusted her advice… and this is her legacy.” Helen will be missed, but her values live on, in her family, her company, and in all of those that knew her.
  • 4. 2745 3050 2359 2263 3195 3408 3845 4434 4383 3905 3436 3073 2439 0 500 1000 1500 2000 2500 3000 3500 4000 4500 5000 Nov. 14 Dec. 14 Jan. 15 Feb. 15 Mar. 15 Apr. 15 May. 15 Jun. 15 Jul. 15 Aug. 15 Sep. 15 Oct. 15 Nov.15 $234,351 ASP Residential Closings for the Entire CMLS Area November 2014 - November 2015 $228,085 ASP $228,080 ASP $227,104 ASP $229,437 ASP $233,505 ASP $218,673 ASP $241,176 ASP $245,197 ASP $255,125 ASP $240,169 ASP $237,646 ASP $240,663 ASP Beth's Bits:Christmas is one of my favorite times of the year and one of the best things about Christmas is Christmas tree decorating! It’s truly an annual event that involves visiting a dozen or more tree vendors or tree farms to find the perfect tree, then walking down memory lane as we put up ornaments gathered over the years. Then, we sit back and enjoy it until after “Little Christmas,” which happens to be my birthday, January 6th (12 days after Christmas). But then what? What do you do with your Christmas tree after Christmas? In- stead of just throwing it out, here’s some ideas of other things to do with your tree this year: Mulch With Needles: Pine needles dry quickly and decompose slowly, making them an excellent moisture- and mold-free mulch for ground-covering crops, such as strawberries, to rest on. Make Coasters and Trivets: Cut thin slabs off the trunk, sand them smooth, and apply a thin coat of polyurethane to keep the sap off tables and glassware. Chip It: Rent a chipper (get a few neighbors together to split the cost) and feed the tree through it. Next spring, spread the wood chips under shrubs; they’ll suppress weeds and, as they decompose, add nutrients to the soil. Feed a Fire Pit: It’s fine to use a few of the quick-to-ignite branches to start an outdoor fire pit—but never in an in- door fireplace, where creosote build-up is a hazard. Stake Your Plants: Strip small branches and use the remaining twigs to support indoor potted plants or stake leggy seedlings. Create a Bird Sanctuary: Place your tree in its stand outdoors. Fill bird feeders and hang them from the boughs, or drape the tree with a swag of pinecones coated with peanut butter. Insulate Perennials: Cut off boughs and lay them over pe- rennial beds to protect them from snow and reduce frost heaving. Edge Your Borders: Cut the trunk into 2-inch discs and set them into the soil to edge flower beds or walkways.