Olde Providence Neighborhood Charlotte NC Home Sales Activity September 2012

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


The 17 successfully closed home SALES in Charlotte NC's Olde Providence neighborhood over the past six months...

- had an Average Sales Price of $246,852 (range was $170,000 to $323,000)

- spent an Average of 118 Days on the Market (range was 0 days to 395 days)

- sold for an Average of 92.9% of the Original List Price, average of 95% of the Final List Price

- Seller Paid Closing Cost Contributions of $2,500 to $5,000 were included in 6 of the 17 recently closed Olde Providence neighborhood home sales

Sold activity has been highest at the Low $200s

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

The supply of homes for sale in Olde Providence is UP slightly to 2.5 months of real estate inventory - that's due to a slight increase in Available homes for sale but still well BELOW Balanced conditions (balanced would be around a 6 month supply)

This is the 10th straight month that the neighborhood inventory has remained at or Below Balanced conditions

As of September 2012 there is still 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 5 bedrooms, 1.5 to 4.5 baths and living space from around 1600 square feet to more than 3000 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, South Charlotte Neighborhoods and Local Information


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