Ivester Jackson Distinctive Properties is the leading luxury brokerage in the Charlotte region. An exclusive affiliate of Christie’s International Real Estate, the firm serves the Charlotte, Lake Norman, and Asheville areas of North Carolina, managing over 250 million dollars in listed inventory annually.
Check out our latest significant sales for June 2018 including a stunning Mediterranean home in Seven Eagles, a gorgeous SouthPark home in Morrocroft Estates and several Lake Norman waterfront listings.
* Pending Sales Report (Over $500k) for May 2018 – Lake Norman/Davidson, Charlotte, Union County & Buncombe County:
While Lake Norman, Union County & Buncombe County pending sales showed upward movement as the month of May progressed, Charlotte’s pending sales ended the month down by 5%. Union County had a slightly higher pending sales increase at 15% over Lake Norman’s 12% increase but Buncombe County lead all areas with almost a 19% increase in pending sales by month end.
* Showing Trends Report (Over $500k) for May 2018 – Lake Norman/Davidson, Charlotte, Union County & Buncombe County:
Following suit, Showing Trends for May 2018 compared to this same time in 2017 were also up across all areas except Charlotte, which was down albeit by only 1%. This indicates a pretty tight inventory with showings about flat and pending sales down for the area as buyers struggle to find homes they like enough to go see much less buy. Lake Norman showings were up by 20% as were both Union and Buncombe Counties by 26%-27%, right in line with their upward pending sales trends.
Clean air to breathe and water to drink, excellent medical & dental care, a good education, these are just a few of the things we take for granted living in America, but in countries like Guatemala, one of the poorest countries in the Western Hemisphere life isn’t easy for most of the population.
For 6 years Ivester Jackson agent Melinda Meade-White has answered the call to help the people of Guatemala gain access to these items and more by traveling to their country with Davidson United Methodist Church.
Melinda says “It’s such a wonderful week we get to spend with the people of Guatemala, building special relationships while offering much-needed assistance.” Many times Melinda’s group travels into very remote villages in the highlands where they build stoves that vent to the outside. Traditional stoves in the homes are non-vented trapping smoke inside leading to respiratory problems.
The team works on many other projects as well, including building churches, teaching children Vacation Bible School, medical exams, and seeds and nutrition training. Education is important for economic development and in this area, missionaries offer scholarships, basic computer training, and Micro-finance loans. They also help provide clean water by supplying water filters to families which help clean the dirty water that they get from community wells.
Melinda says “we work with locals as our interpreters since we have to translate from English to Spanish to local dialect Chi-Chi.”
The group’s mission is to work with the people, not for them so the community will be involved and benefit while working together for greater goals.
To learn more about DUMC Guatemala visit their website.
Many homebuyers in Charlotte are interested in popular gated communities for several reasons including exclusivity, sense of security, privacy and an overall quiet atmosphere.
Ivester Jackson Christie’s Int’l Real Estate has some wonderful homes for sale in many of these Charlotte gated communities, including Skyecroft, Maple Grove, Pellyn Wood, Greenwood, Morrocroft Estates, Norman Estates and Heydon Hall.
Click on the images below for more details, pictures, and virtual tours.
A Parade of Homes award winner, this meticulously maintained Skyecroft custom build features an owner’s suite on main with the second master located in the exquisitely finished walk-out basement.
Skyecroft is a lovely neighborhood with a serene peaceful landscape. It’s a resort style neighborhood with multiple walking trails, ponds, tennis courts and pool. It’s located minutes from Waverly & Rea Farms shopping & restaurants and excellent Weddington Schools.
Patrick Joseph custom built estate on over 3 acres in the gated community of Maple Grove.
Maple Grove has many large estate style lots and grand luxury homes, it’s located in a unique and peaceful area close to Lake Norman and just minutes from Highway 16 which makes for a quick commute to Uptown Charlotte.
One of Charlotte’s premier settings highlights this flagship home in gated Morrocroft Estates.
Located in the SouthPark area, Morrocroft Estates is one of Charlotte’s most prestigious and private addresses, complete with 24-hour security and convenient access to Charlotte’s center city and dynamic SouthPark area.
Built by Kingswood Builders, words cannot truly describe what an unbelievable house this is, in a gated community, in a cul de sac with Quail Hollow Country Club in view.
Heydon Hall is full of spectacular homes located in a quiet neighborhood with tree-lined streets. It’s located minutes from Uptown Charlotte and right next to the distinguished Quail Hollow Country Club.
Take award-winning luxury design features & superior finishes. Add best-in-class high-tech entertainment, automation & security.
Governors Island is a gated community located on the West Side of Lake Norman and offers spectacular waterfront views. Nearly 40 families call this island home enjoying the privacy and park-like setting.
Charlotte’s luxury market saw a comparable start to that of 2017 this spring, while sold results in the mid-luxury segment below $1 M in value were fairly flat up to about $1.5 M in value. The ultra-luxury segment saw a surge in pending contracts near the end of March in both SouthPark and near town areas of Myers Park and Eastover.
Total showings and average showings per home increased about 3% in the $500 – $999 K range this spring over last spring. The range just above $1 M also saw an increase in showing activity over last spring of roughly 5%.
CHARLOTTE, N.C. – The Charlotte Regional Realtor® Association provides monthly reports on residential real estate market activity for the Charlotte Metro region based on data from Carolina Multiple Listing Services, Inc. (CarolinaMLS). The Charlotte Metro region, which this report is based on, includes 12 counties in North Carolina and four counties in South Carolina.
The Charlotte Metro region year-over-year home sales in April increased 1.6 percent, with 4,028 properties sold compared to 3,963 properties sold in April 2017. Compared to the previous month (March 2018), sales rose 4.2 percent.
The average sales price in April 2018 ($292,158) increased 8.1 percent compared to April 2017 ($270,241), while the median sales price ($240,000) increased 7.4 percent compared to April 2017 ($223,498). Compared to the March 2018, the average and the median sales price increased 4.4 percent and 2.1 percent respectively.
The average list price in April 2018 ($342,606) increased 6.6 percent compared to April 2017 ($321,505), bringing the percent of original list price received measure to 97.4 percent, a slight increase of 0.2 percent compared to the same period last year. Pending sales in April 2018 (5,245) rose 10.7 percent compared to April 2017. Compared to the previous month (March 2018), pending sales increased 1.2 percent.
“It’s good to see year-over-year sales this past April increased slightly over last year’s sales; however, sales activity remains slow this spring and lagging behind previous years with tight inventory impacting home prices,” said 2018 Charlotte Regional Realtor® Association/CarolinaMLS president Jason Gentry. “The good news is that pending contract activity continues to show strong interest from buyers.”
New residential listings (5,773) increased 0.7 percent in April 2018 compared to the same period last year. Compared to the previous month (March 2018), new listing counts decreased 3 percent. Inventory continued to fall, with the number of homes for sale down 22.6 percent compared to April 2017, which left the CarolinaMLS region with 8,515 properties for sale at report time, or 2.1 months of supply of inventory. A year ago in April 2017, the region had 11,008 properties for sale or 2.8 months of supply.
The average number of days a property was on the market from the time it was listed until it closed (list to close) was 94 days, which is five days fewer than it was in April 2017. Days on Market, the metric that accrues for “Active” and “Under Contract-Show” statuses, totaled 44 days, which is five days fewer than April 2017.
Next month local community members will tee up at The Peninsula Club along the shores of Lake Norman to help homeless children around Charlotte.
A Child’s Place is helping spread the word about the need for helping homeless children in our local schools, according to their website “in Charlotte Mecklenburg Schools, more than 4,000 children are homeless. Imagine trying to complete homework in a noisy and crowded shelter, or sleeping in your car the night before a big test. For more than 4,000 children in our community, that is a reality. A Child’s Place intervenes at the family’s point of crisis, helping stabilize the family and addressing needs to help the children succeed in the classroom.”
Ivester Jackson agent Julie Lopez supports the cause and says “every day in our work we see the importance of homes in children’s lives and I think it is important to help those who are not so lucky to have a home. ”
This year the tournament will be at 1 p.m. on Monday, April 16, at The Peninsula Club in Cornelius, NC, so you still have time to sign up.
All funds raised from this year’s Swing Fore A Child’s Place Golf Tournament will go directly to A Child’s Place to support their crucial work with homeless children in Charlotte area schools.
Staff from the organization work in the highest-need CMS schools every day, they help ease the impact of being homeless on a child’s education.
They hope to meet the goal reached last year of $200,000 raised by the generous support of players and sponsors.
To sign up as a team, individual or to donate click the link below.