In the Landen Meadows neighborhood in Charlotte NC the $200,000-$249,999 price range continues to be the most active for available and under contract Landen Meadows real estate activity.
As of August 2009, the real estate market in the Landen Meadows neighborhood in Charlotte NC remains at elevated real estate inventory levels with close to 12 months of real estate supply.
One interesting note about the current under contract real estate listings in the Landen Meadows neighborhood: 60% are distressed sales, either short sale situations or bank owned Landen Meadows homes.
The currently available Landen Meadows real estate listings range in price from $182,000-$252,000 and only 12.5% of the available Landen Meadows homes for sale are distressed sale situations.
Landen Meadows is a neighborhood of single family homes built primarily in the 1990’s. Charlotte NC’s Landen Meadows neighborhood is located in the Ballantyne area of South Charlotte NC between Ardrey Kell Rd and Rea Rd, minutes from the Blakeney shopping center. The Landen Meadows neighborhood features a community pool, playground and tennis courts.
Copyright©2009 by Diane McDermott, All Rights Reserved, “Landen Meadows Neighborhood Real Estate Market 8.19.09″