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SouthPark Market Report JULY 2019

SouthPark Market Report JULY 2019

SouthPark Market Report


With the major overhaul of Phillips Place in Southpark 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.

 

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.

Phillips Place SouthPark JULY 2019

*SouthPark's revamping of Phillips Place is well underway.


The latest numbers here are for July; 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  3.5 month supply, a strong sellers market.


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

 

There are currently 404 homes on the market.

 

Average sales price during the month of July surpassed the $500K mark at $506,341. 

 

Average price per square foot during the month of July was $188.

 

List-to-sales price is at 96.1% in the SouthPark area.

 

There were 1,389 12-month sales in SouthPark.

 

Average days on the market have increased slightly to 49 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 JUL 2019

 

The Maxwell House Group Charlotte NC

 

  Charlotte NC Homes for Sale

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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 • August 11 2019 01:56AM

Comments

Good afternoon Debe Maxwell, CRS - Southpark certainly speaks luxury and you still have a strong sellers market.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 7 days ago

Very professional market report on Southpark-market-report for -July-2019  Debe Maxwell, CRS  anyone looking in this area should contact you as you are the local expert for sure with these facts and information 

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 7 days ago

That's valuable real estate market date for home buyers and sellers in Southpark, Debe.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 7 days ago

Participate