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Providence Springs Charlotte NC Market Report - July 29, 2010

Welcome to Providence Springs Charlotte NCProvidence Springs Charlotte NC Market Report - July 29, 2010

As a former member of the Providence Springs Board of Directors (Past-President), I watched this neighborhood grow and develop,  finally being built-out and selling the last home in the neighborhood.   Providence Springs Charlotte NC is just one of those few neighborhoods that still has that 'neighborhood' feel to it.  The winding streets are tree-lined and the landscaping in the neighborhood is simply gorgeous.  

Frequent block parties and cookouts are sure to quickly acquaint you with your wonderful new neighbors!  We developed a relationship with an adjoining neighborhood who provides limited association memberships to the residents of Providence Springs so that our residents can enjoy the swim club, tennis courts, pond, walking trails and have use of the clubhouse for a nominal fee each year.  So, Providence Springs residents have the best of both worlds--low HOA dues and low-fee access to a wonderful neighboring community 'club.'

Call today for a tour of this great little community of Providence Springs--we'll be sure to point out our fantastic new listing to you!  In the meantime, here is the latest market absorption trend.  Providence Springs is holding its own in this market--mainly because this community is such a fabulous one in which to live!

Market Report Providence Springs July 2010

 

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3 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • July 29 2010 06:28PM

Charlotte NC Luxury Market Report - Area 5 - Zip Code 28226

Charlotte NC Luxury Market Report - Area 5 - Zip Code 28226

Real Estate Market Absorption Trend - Luxury Homes 28226
 
*  Living in Charlotte NC  
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*  Single Family Homes for Sale in Charlotte NC
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Hourly link updates make our searches more accurate than other sites!  If you are a buyer or seller, interested in luxury homes for sale in the 28226, give us a call or send us an email--we've got the information that you need at hand!  

Learn about the Myers Park Community or view homes for sale in Charlotte NC lake communities or  Charlotte homes for sale in golf course communities


We’d love the chance to earn your business - give us call us today! 
Debe Maxwell, Realtor®/Broker, CRS     (704) 491-3310
Charlotte NC Real Estate
Visit our site to find homes for sale in many luxury communities as well as all homes for sale in Charlotte NC.

Proudly serving the Charlotte Metro area - Charlotte NC Real Estate - Charlotte NC Luxury Homes for Sale and Charlotte NC Relocation

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3 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • July 23 2010 12:34AM

Residential Real Estate Market Report - Final Statistics June 2010

Charlotte NC Real Estate Market ReportResidential Real Estate Market Report - Final Statistics June 2010


Residential real estate market in this region for June, 2010 - based upon Carolina Multiple Listing Services, Inc. (CMLS) data.

Closings:  
June 2010 - Increased 14.8 percent over June 2009 and decreased 8.4 percent over previous month (May)

Charlotte NC June 2010 Residential Real Estate Closings



Average sales price:June 2010 - $215,559 - Down slightly (1.4 percent) over June 2009 and was up 1.5 percent over previous month (May)

Charlotte NC June 2010 Residential Sales Price for Closed Listings



Average list price of sold properties:
June 2010 - Up 1 percent over previous month’s average list price and was down 1.3 percent from June 2009

Charlotte NC June 2010 Residential Real Estate Average List Price


Residential pending contracts:
June 2010 - Down 13.2 percent compared to June, 2009.   Also, down 8.7 percent over previous month

Charlotte NC June 2010 Residential Real Estate Pending Contracts



New residential listings :  June 2010 - 4,692

Average number of days a property was on the market from the time it was listed until it closed (list to close) was in June 2010 was 144.2, May, 2010 - 142.2

Average number of days a property was on the market (days on market), excluding the days the property was off the market or pending, was 114.5,  May, 2010 - 115.9.

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7 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • July 18 2010 12:45PM

Charlotte NC Facts and Figures - May 2010

Charlotte NC Facts and Figures - May 2010

Charlotte NC Facts...

  • Cost of living below the national average
  • City, County and State AAA bond ratings
  • Average of 587 airline flights daily
  • $16 billion in annual retail sales
  • 1st most popular move destination
  • 1st America's most livable communities
  • 1st economic strength ranking
  • 2nd largest banking center (controls over $2 trillion in assets)
  • 2nd best city for entrepreneurs
  • 3rd best city for corporate headquarters
  • 3rd best city for business 
  • 4th best city for relocating singles
  • 6th in number of Fortune 500 headquarters
  • 12th most active airport in the country
  • 21st largest city in America

Charlotte NC Figures...

Charlotte NC residential market report for May, 2010 can be viewed below--click for full-screen view.





For More Charlotte Economic Information, click here.  Contact us for neighborhood specific market report - remember real estate is not only local...it's hyper-local!

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40 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • May 20 2010 09:58AM

Charlotte NC PROVIDENCE SPRINGS Market Report: 04/12/2010

Charlotte NC PROVIDENCE SPRINGS Market Report:  04/12/2010


Providence Springs Market Analysis Charlotte NCJust minutes from the Arboretum, only 9 miles from Uptown and minutes from I-485, Providence Springs sits in a prime South Charlotte location where shopping, recreation, and schools abound. Centrally located to the major private schools and in one of the city’s best school districts - your choice of Providence Springs schools Charlotte NC !

This South Charlotte property is tucked away on the city side of the Providence Road/Pineville-Matthews junction, a commute to anything Charlotte is just a short drive. Completed in 2002, renowned custom homebuilders, Harrington & Dowd took great pride in developing a quaint neighborly community with wide streets and gorgeous mature trees.  As you tour this highly sought-after community, you will notice the immaculate attention to detail in architecture, style, landscaping, sidewalks & neighbor-friendly cul-de-sacs.  Multiple honors and awards have been bestowed on the developer/builders, including Builder of the Year on several occasions.

Providence Springs Homes for Sale Charlotte NC

Gene Harrington & Ken Dowd (developers of other upscale neighborhoods as Berkley & Highgate), developed the sanctuary-style neighborhood, building custom homes on winding streets with flat lots, surrounded by mature trees.   As you enter Providence Springs, you will continue past a relatively new pre-fab development into the original neighborhood (which begins at Megington Drive) with 128 gorgeous custom and semi-custom homes. 

Block parties and cookouts, TGIF's and neighborhood dinner and Bunko clubs are sure to quickly acquaint you with your wonderful new neighbors!  

Call today for a tour of available homes for sale in Providence Springs.  






Year-to-date market activity in Providence Springs:
Providence Springs Market Absorption Trend Charlotte NC
Providence Springs Market Absorption Trend Charlotte NC

 

Copyright © 2010 By Debe Maxwell, All Rights Reserved...*Charlotte NC PROVIDENCE SPRINGS Market Report:  04/12/2010*

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1 comment • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • April 11 2010 12:34PM

Longview Country Club Charlotte NC - Market Report 04/01/2010

Longview Country Club Charlotte NC - Market Report 04/01/2010

The Club at Longview, one of Charlotte's premier golfing communities, is luxury at its finest.  Located mere minutes from I-485, this 500-acre farm-turned-country club community offers: 

  • The Charlotte region's only Jack Nicklaus Signature Market ReportCourse community
  • The only fully manned private gated golf course community in South Charlotte
  • Simply gorgeous manor-style, custom estate homes with distinctive architectural designs, built by Charlotte's most elite builders.

Imagine all the conveniences of South Charlotte , while enjoying low Union County taxes and top-ranked Union County schools.  Amenities are numerous and living in Longview is simply luxurious! 

Below is the most recent market absorption trend for the Longview community in Charlotte NC.  You'll find breathtaking homes for sale in Longview Charlotte NC.   If you're shopping for golf course homes for sale in Charlotte NC - you've found Charlotte's premier golfing community right here in Longview.

 

Longview Country Club Charlotte NC

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11 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • April 03 2010 02:54AM

Dilworth Charlotte NC Market Analysis 03/28/2010

Dilworth Charlotte NC Market Analysis 03/28/2010


Dilworth Charlotte NC Homes for SaleDilworth envelopes those visiting or residing there with its tree-lined streets which front beautiful, architecturally designed homes, many with wrap-around porches.  As well, quaint little shops and restaurants are all within walking distance to homes in Dilworth Charlotte NC.  Local merchants offer personal attention as well as an ambiance that is simply Dilworth’s trademark.  It is difficult to believe that anyone ever considered Dilworth a 'suburb' as they did in the late 1800's.  Take a tour and see why Dilworth is the choice among many Uptown young professionals, retirees and families who simply adore the 'neighborhood' feel of Dilworth.   Architecture, including many craftsman style homes and older bungalows with streetscapes that tell the story of Historic Dilworth.  Recent revival with renovation of old and new construction have given yet, another, reason to call Dilworth Charlotte NC home.

Sales prices are up but, Sellers in the area, keeping with the trend not to price their homes so far above market value that they won't sell, are only seeing sales prices at 91% of list price.  Days on the market have increased a bit in Dilworth in recent months as well.  Dilworth Charlotte NC market absorption stats are below.

Dilworth Charlotte NC Market Report

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5 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • March 28 2010 11:44AM

Foxcroft Charlotte NC - Market Absorption Trend - JAN 2010

Foxcroft Charlotte NC - Market Absorption Trend - JAN 2010

Foxcroft Charlotte NCFoxcroft, one of the most beautiful communities in Charlotte NC,  is a one-of-a-kind neighborhood located just minutes from Center City.  As it has been for years, Foxcroft is one of Charlotte’s most desirable neighborhoods - the homes are surrounded by mature trees and gorgeous landscaping.  Old oaks canopy the driveways and streets throughout the neighborhood, seeiming to envelope you as you drive through this stately community.  Homes for sale in Foxcroft neighborhood range from $500,000 to over $2.5 million.  From classic traditional to French Provencial, Foxcroft's regal homes remain some of the most sought-after homes in all of Charlotte.

Charlotte NC home sales in the $1M + price range have been hit the hardest during this recession.  Fortunately for Foxcroft sellers, if the home is priced right, this neighborhood is faring much better than the others in Charlotte.  Savvy Foxcroft Charlotte NC sellers are pricing to sell and realizing their return is going to be gained on the purchase of their new home in their destination cities rather than 'holding out' for months and months for 'top dollar here.'  Below is the most recent market absorption trend -

Here are the pending and conditional stats on Foxcroft Charlotte NC -

Foxcroft Charlotte NCFoxcroft Charlotte NC Homes for Sale

View the homes for sale in Foxcroft - you may just find your Foxcroft Charlotte NC dream home today!

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10 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • January 18 2010 01:07AM

Charlotte NC Market Report Q4 2009 (NOV)

Charlotte NC Market Report Q4 2009 (NOV)

The average sales price for the Charlotte NC area in November, 2009 was $195,244, up approximately 1.2% compared to 2008.  The average days on the market were 116.7 for the month of Nov. 2009.

Charlotte NC Market Report


2,000 closings occurred in November, 2009 in Charlotte NC, up 24% compared to same month last year (2008).  The bulk of the homes that are selling continues to be in the lower price ranges--90% of sales were in the $350,000 and under range.

 

Charlotte NC Market Report

The best site to search for real estae in Charlotte NC - www.SoldByDebe.com - Search by zip code, neighborhood, school zone and much more !

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2 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • January 02 2010 11:09PM

Charlotte NC Market Report 11/03/2009

Charlotte NC SkylineCharlotte NC Market Statistics for 11/03/2009

 

The median single family home price in Charlotte NC this week is $208,000.  The 6,167 homes listed have been on the market for an average of 221 days.


Inventory has been declining in recent weeks.  It's still a buyer's market in Charlotte NC!


 

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10 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • November 03 2009 01:35AM