SouthPark Charlotte Market Report FEB 2019
The temperatures may be cool in SouthPark (Charlotte NC) but, the real estate climate is not! While number of units sold may be down a tad bit, prices continue to show appreciation in the SouthPark community.
SouthPark remains one of the most prestigious addresses in Charlotte. One of the main draws to our community is the wonderful proximity to everything Charlotte as well a lifestyle that is highly desirable. We are 12 minutes from Uptown and 12 minutes from Ballantyne (to the north and south of SouthPark) and a even a little closer to Cotswold on the east and Dilworth on the west side. You really can't find a more ‘central’ location than SouthPark - we joke that SouthPark should have been nicknamed 'Center City' instead of Uptown! Because of the superior location, SouthPark continues to thrive as one of the southeast’s largest live/work communities as well.
SouthPark's housing styles range from 1950’s ranch homes to newer, custom million- & multi-million dollar homes. Some of our most well-known neighborhoods in SouthPark are:
Seven Eagles (gated)
*SouthPark Mall | Charlotte NC
The latest numbers are in for January and the real estate market remains fairly strong in the SouthPark area.
SouthPark continues in a strong sellers market, demonstrating that our community remains a top choice for relocation clients who are moving to the area. Inventory has increased but, sales continue at a strong, steady pace.
Here is the latest SouthPark real estate market report:
Average Sales Prices in the Zip Codes that make up the SouthPark community are up 6.3% to 14.7% -
The inventory remains low with a 3.2 month supply, a strong sellers market. New listings during the month of January were 81, up 55.8% year-over-year.
There are currently 382 homes on the market. (+25 homes since the previous month).
Average sales price during the month of January surpassed the $500K mark at $506,385.
Average price per square foot during the month of January was $187.
List-to-sales price is at 96.3% in the SouthPark area.
Average days on the market have increased slightly to 48 in SouthPark.
Visit www.TheMaxwellHouseGroup.com for more information and to search for homes in SouthPark. Your first step should be enlisting an experienced, local real estate broker. Selecting a great broker is not as easy as it may seem. Enlist a seasoned real estate professional for your real estate needs. We would love to share our knowledge of the SouthPark/South Charlotte area with you...and give you the grand tour of our community too!
If you're thinking of selling your Charlotte home, let's talk! As with everything in life, preparation is key and I will equip you with what you'll need to get you, as seamlessly as possible, through the home-selling process.
Call or text (704) 491-3310
*References from any of our sellers are available upon request. Read our reviews at www.CharlotteRealEstateAgentReviews.com.
© Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com | SouthPark Charlotte Market Report FEB 2019
(THE best Charlotte home search available - no kidding!)
Direct: (704) 491-3310
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