Olde Providence Neighborhood Charlotte NC Home Sales Activity June 2012

By
Real Estate Agent with RealtorĀ®, GRI, Landis e2 Real Estate, LLC


The 14 successfully closed home SALES in Charlotte NC's Olde Providence neighborhood over the past six months...

- had an Average Sales Price of $235,778 (range was $170,000 to $323,000)

- spent an Average of 101 Days on the Market (range was 31 days to 383 days)

- sold for an Average of 93.1% of the Original List Price, average of 96% of the Final List Price

- Seller Paid Closing Cost Contributions of $2,500 to $6,178 were included in 8 of the 14 recently closed Olde Providence neighborhood home sales

Sold activity has been highest Under $250k

Available homes for sale are priced from just Under $200k to the Low $300s

The supply of homes for sale in Olde Providence is DOWN for the second straight month to 3.5 months of real estate inventory - that's BELOW Balanced conditions (balanced would be around a 6 month supply).

The neighborhood inventory did increase in April (normal for Spring) but it never got all that high and for the past 2 months the trend has been a decreasing supply of homes for sale in the neighborhood.

As of June 2012 there is NOT an oversupply of homes for sale.

This month's real estate inventory level is well BELOW the supply of homes for sale at this time last year.

The currently available neighborhood homes for sale are ranch and tri-level home styles with 3 to 4 bedrooms, 2 to 3 baths and living space from around 1300 square feet to more than 2000 square feet.

To view the neighborhood real estate listings (link updated daily) -
Olde Providence Homes for Sale

To view available homes in nearby South Charlotte NC neighborhoods:

Beverly Woods Neighborhood Homes for Sale in Charlotte NC

Beverly Woods East Neighborhood Homes for Sale in Charlotte NC

Cameron Wood Neighborhood Homes for Sale in Charlotte NC

Candlewyck Neighborhood Homes for Sale in Charlotte NC

Fairmeadows Neighborhood Homes for Sale in Charlotte NC

Governors Square Neighborhood Homes for Sale in Charlotte NC

Rea Forest Neighborhood Homes for Sale in Charlotte NC

Sturnbridge Neighborhood Homes for Sale in Charlotte NC

Wessex Square Neighborhood Homes for Sale in Charlotte NC

Woodbridge Neighborhood Homes for Sale in Charlotte NC

OR to enter your own home search criteria, NO registration required - Search Charlotte NC Area Homes for Sale

olde providenceOlde Providence is a Charlotte NC neighborhood of single family homes built primarily in the 1960's and 1970's in the heart of South Charlotte between Rea Rd and Colony Rd. The Olde Providence neighborhood is conveniently located between South Park and Ballantyne in South Charlotte NC.


Originally posted at: Charlotte NC Real Estate Market, Neighborhoods and Local Charlotte NC Information


Copyright©2012 by Diane McDermott, All Rights Reserved, “Olde Providence Neighborhood Charlotte NC Home Sales Activity June 2012"

*Data and statistics based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.

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The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in south Charlotte NC

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Topic:
Real Estate Market Trends
Location:
North Carolina Mecklenburg County Charlotte Olde Providence
Groups:
Charlotte North Carolina Area
Charlotte NC Real Estate
North Carolina Real Estate
Tags:
real estate market reports
neighborhoods

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