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SouthPark Market Report MAR 2019

SouthPark Market Report MAR 2019

SouthPark Market Report


With the news of the major overhaul of Phillips Place in Southpark, the area has been a-buzz with increased interest in finding a home here. Southpark, already one of the most prestigious addresses in Charlotte, offers, wonderful proximity to everything Charlotte and 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.  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 in Beverly Woods and Barclay Downs to newer million- & multi-million-dollar homes in neighborhoods like Quail HollowCarmel ParkFoxcroft, Sharon Hills, Royden and the exclusive gated communities of Morrocroft and nearby Seven Eagles

 

The Harris YMCA, located at the corner of Sharon and Quail Hollow Roads, is also a legacy from the Morrison/Harris family. Read more about SouthPark neighborhoods here.

Spring in SouthPark*SouthPark is beginning to look a lot like SPRING! We're seeing the first tulips blooming this week - adding to the excitement in the air about the announcement of the revamping of Phillips Place.


The latest numbers here are for February; 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:

 
The inventory remains low with a  3.3 month supply, a strong sellers market.


New listings during the month of February showing a bit of a much-needed increase.

 

There are currently 389 homes on the market.

 

Average sales price during the month of February surpassed the $500K mark at $508,059. 

 

Average price per square foot during the month of February was $187.

 

List-to-sales price is at 96.3% in the SouthPark area.

 

There were 1,364 Closed homes in SouthPark JAN - FEB, 2019.

 

Average days on the market have increased slightly to 47 in SouthPark.


SouthPark Charlotte Map  

SEARCH ALL SOUTHPARK HOMES FOR SALE 



BUYERS

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 communnity too!

Hiring the RIGHT Charlotte Realtor® is critical to your home buying success!

 



SELLERS  

If you're thinking of selling your Charlotte homelet'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

Hiring the RIGHT Charlotte Realtor® is critical to your home selling success too!

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | SouthPark Market Report MAR 2019

 

 

     

Charlotte Real Estate Team - The Maxwell House Group

 

  Charlotte NC Homes for Sale

 (THE best Charlotte home search available - no kidding!)

Charlotte NC Real Estate Agents 

 

Charlotte CRS Agent


Debe Maxwell, Realtor®/Broker/CRS

RE/MAX Executive

CharlotteBroker@icloud.com
Direct:  (704) 491-3310

 

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Comment balloon 3 commentsDebe Maxwell, CRS • March 25 2019 03:36AM

Comments

What a great post...appreciate it.  Thank you for making it rain!

Posted by Jeremy K. Frost, Associate Broker, CNE, CRS, ePro, PSA (Keller Williams Realty) 4 months ago

Good morning Debe. All I need to know about SouthPark is your phone number! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 4 months ago

Debe, SouthPark is an area that has always caught my eye from your reports. It sounds and looks like the perfect place to call home. I can see why the buzz has increased with the overhaul of Phillips Place coming.

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group Brokered By eXp Realty) 4 months ago

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