Convergent Acquisitions Press Releases
October 30, 2007 Market Watch
Charlotte Home Prices are Still Rising
CHARLOTTE, N.C., -- Charlotte, North Carolina based developer and vendor of real estate, Convergent Acquisitions & Development, Inc, is pleased to announce that home prices in the Charlotte area are still rising.
According to the Carolina Multiple Listing Service the average selling price of homes in the Charlotte MSA rose 9.3 percent this September as compared to September of last year. The average selling home price for the seven county region including Mecklenburg, Iredell, Union, Gaston, Lincoln, Stanley and Cabarrus Counties was $236,061 in September 2007.
"Even as the majority of the country is experiencing a decrease in home prices, Charlotte home prices are increasing at significant rates," says Nick Sabardin President and CEO of Convergent Acquisitions & Development, Inc. "This data just continues to prove the strength of the Charlotte market and the accuracy of Convergent's research."
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