Identified Schools for This Property: These are the schools that have been identified by the listing agent and/or the seller as the schools that appear to serve these properties.

Nearby Regular Public Schools: These are schools that are near this property, based on the property’s location.

Nearby Charter Schools: These are charter schools that are near the subject property, based on the property’s location. Charter school enrollment is typically based on a lottery, rather than on the neighborhood where the student’s home is located.

Nearby Magnet Schools: These are magnet schools that are near the subject property, based on the property’s location. Magnet schools differ from regular public schools in that they offer specialized academic themes, such as math & science, the arts, foreign languages and so on.

Please note: school assignments are not always reliable, and should be verified prior to purchasing a property. Enrollment in any of the schools described above is not guaranteed with the purchase of this property. In addition, school assignments are subject to change.

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Listing Status Explained

On our site, you will see the following types of listing status:
  • Active: The property is still actively for sale and a contract has not been accepted yet.
  • Under Contract But Showings Still Accepted: The property is under contract with a buyer. However, the seller is still allowing buyers’ agents to show the property to other buyers. Buyers may be able to present back-up offers, just in case the existing contract falls through due to financing concerns or other reasons.
  • Under Contract / No Showings: The property is under contract with a buyer and the seller is no longer accepting showings.
  • Sold: The property has already been sold.
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Cumulative Days on Market Explained

Cumulative Days on Market is a representation of how long with the property has been actively marketed.

The main difference between Days on Market and Cumulative Days on Market is that Cumulative Days on Market represents active marketing through not only of the property’s current listing, but through other, recent listings of the property as well. Days on Market, on the other hand, only represents the time the property has been marketed under its current listing.

Prior to the local Realtor Association using the term Cumulative Days of Market, Realtors and homebuyers in the Charlotte region would sometimes focus solely on a property’s Days on Market. The problem with Days on Market displays was that sellers could allow their property listing to expire and then re-list, and their Days on Market would go back to zero. This could make a listing that had been on the market for a long time appear to be a completely new listing.

Since the change in terminology, when a new listing is entered, the Cumulative Days on Market only resets to zero if one of the following two actions occurs:

A) The previous listing closes (i.e., is sold).

B) The previous listing is off market (expired or withdrawn) for more than 90 days.

It should also be noted that Cumulative Days on Market typically do not accrue when a property is not being actively marketed – i.e., when the seller is not accepting showings on their property.

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Recent County Property Assessments

Each county tax assessor’s office periodically assesses properties for tax collection purposes. Counties assess properties at different frequencies. For example, some counties may assess values every four years, while others may assess properties every eight years. In addition, a given property’s assessed value can change at any time – i.e., when a vacant lot is built upon or when an addition is made to an existing structure.

Also, because of the highly imperfect nature of the assessment process, assessed values are often a poor indication of market values. In other words, if a property’s list price is under or over its assessed value, this does not necessarily indicate whether or not the property represents a good value or not.

In addition, in some cases current assessment or past sales of a given home may represent vacant land, which has since been built upon. In other situations, a given parcel of land may have been combined with other parcels of land in a past sale.

Finally, because assessed values may change at any time, property buyers are encouraged to confirm assessment values with their county tax assessor before purchasing a property. Terra Vista Realty cannot guarantee public-records information displayed on our website is accurate and up-to-date in every case.

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Homes with Price Reductions in Charlotte & Surrounding Areas

Of the 484 properties with price decreases since January 16, 2017, 349 were single family homes in the greater Charlotte, NC area. Below is a sample of those those price-reduced homes:


MLS 3090204 Built: 2001
Sq Ft: 7,670   

Bed: 5 Bath: 5/2   Subdivision: The Point

High Ground Investment Properties
Status: Active
Price drop on 01-19-17  
Courtesy of High Ground Investment Properties
CDS Data Share

MLS 3238319 Built: 2004
Sq Ft: 3,667   

Bed: 4 Bath: 4/2   Subdivision: Twin Rivers

Vincent Properties, Inc.
Status: Active
Price drop on 01-19-17  
Courtesy of Vincent Properties, Inc.
CDS Data Share

MLS 3201578 Built: 2016
Sq Ft: 5,255   

Bed: 5 Bath: 4/1   Subdivision: Myers Park

Wilkinson ERA Real Estate
Status: Active
Price drop on 01-18-17  
Courtesy of Wilkinson ERA Real Estate
 New Construction CDS Data Share

MLS 3237714 Built: 2000
Sq Ft: 7,354   

Bed: 4 Bath: 5/1   Subdivision: Templeton Estates

Lake Norman Realty, Inc.
Status: Active
Loan Default
Price drop on 01-18-17  
Courtesy of Lake Norman Realty, Inc.
CDS Data Share

MLS 3226423 Built: 1997
Sq Ft: 6,170   

Bed: 5 Bath: 4/1   Subdivision: The Peninsula

Keller Williams Lake Norman
Status: Active
Price drop on 01-19-17  
Courtesy of Keller Williams Lake Norman
CDS Data Share

Displaying 5 of 349 Listings
with price-reductions since 01/16/2017
 to show all 349 homes

Do you want to get automatic updates when homes in the greater Charlotte area have price reductions? On our site, you can set up personalized searches, and get email updates as soon as properties that meet your home-search criteria have price decreases. You can also create a list of followed listings, and get emails alerts as soon as one of these properties has a price change.

We allow you to create saved searches that are personalized according to your buying needs (by city, price, house size, etc.). Just click here to set up an account today.

You can click the links below to see specific lists of properties that had price reductions on our site since January 16, 2017.

Properties with Price Reductions by Type (Just Reduced - Since 01/16/2017)

Condo /
Under $100 k 45 homes 3 properties
$100 k - $200 k 80 homes 11 properties
$200 k - $300 k 76 homes 6 properties
$300 k - $400 k 64 homes 4 properties
$400 k - $600 k 51 homes 1 property
$600 k - $1 mil. 28 homes 1 property
Over $1 million 8 homes None
Total (all) 349 homes 26 properties
Land Commercial
Under $100 k 46 lots None
$100 k - $200 k 33 lots 2 properties
$200 k - $300 k 12 lots 2 properties
$300 k - $400 k 2 lots 1 property
$400 k - $600 k 3 lots 1 property
$600 k - $1 mil. 2 lots 2 properties
Over $1 million 1 lot 2 properties
Total (all) 99 lots 10 properties
Price Range Single Family Condo/Townhouse Land Commercial
Under $100 k 45 homes 3 properties 46 lots None
$100 k - $200 k 80 homes 11 properties 33 lots 2 properties
$200 k - $300 k 76 homes 6 properties 12 lots 2 properties
$300 k - $400 k 64 homes 4 properties 2 lots 1 property
$400 k - $600 k 51 homes 1 property 3 lots 1 property
$600 k - $1 mil. 28 homes 1 property 2 lots 2 properties
Over $1 million 8 homes None 1 lot 2 properties
Total (all) 349 homes 26 properties 99 lots 10 properties

If you'd like to see just-reduced homes in Charlotte, NC and its suburbs, then we invite you to bookmark our site. Better yet, consider signing up for a free account and you'll be able to get automated email updates for homes with price reductions in North Carolina and South Carolina.

Reduced fees definitely don't mean reduced service. Tom was fantastic to work with. We used his services as both a buyer's agent and a seller's agent.

-JoAnne H.

CDS Data Share The data relating to real estate on this website derive in part from the CMLS/Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terra Vista Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2017 CMLS and its constituent multiple listing services.

Data last updated on 01/21/2017

Terra Vista Realty was a pleasure to work with and exceeded our expectations. Put simply, we received twice the service for half the price.

-Jonathan K.

Tom Palmer
REALTOR / Buyer’s Agent
(may represent potential buyers)
Offering 1.5% Realtor rebates
Real estate broker

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