SouthPark Market Report JULY 2019
As the major overhaul of Phillips Place in Southpark is well underway, 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.
What is so wonderful about living in SouthPark?
Being just 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, we have the best of everything Charlotte at our fingertips. 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 Hollow, Carmel Park, Foxcroft, Sharon Hills, Royden and the exclusive gated communities of Morrocroft and nearby Seven Eagles.
*SouthPark's Phillips Place is getting a major facelift in 2019! We're all looking forward to seeing the completed project.
The latest numbers here are for June; the real estate market remains 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, only ever so slightly; 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 3.5 month supply, a strong sellers market.
1,936 new listings during the month of June showing a bit of a much-needed increase.
There are currently 401 homes on the market.
Average sales price during the month of June surpassed the $500K mark at $502,103.
Average price per square foot during the month of June was $188.
List-to-sales price is at 96.2% in the SouthPark area.
There were 1,378 Closed homes in SouthPark JUNE, 2019.
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 communnity 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 | CharlotteBroker@icloud.com | SouthPark Market Report JULY 2019
(THE best Charlotte home search available - no kidding!)
Direct: (704) 491-3310
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