Olde Providence Neighborhood in Charlotte NC – Real Estate Inventory Trend September 2010

 

The supply of homes for sale in Charlotte NC’s Olde Providence neighborhood edged upward in September 2010 to just over an 8 month real estate inventory.

While that’s still below the springtime peak it’s a sign that the sales pace for the neighborhood has been slowing and indicates strengthening buyer favored real estate market conditions after several months of falling real estate inventory levels.

Right now there’s only 1 under contract Olde Providence real estate listing and 18 available Olde Providence Homes for Sale.  With the minimal under contract activity, the neighborhood real estate inventory level is likely to increase in the short-term.

As a guideline:
Less than 6 month supply: favors Sellers
6 Month Supply: Balanced
More than 6 month supply: favors Buyers

Available Olde Providence homes for sale are priced from the low $200’s through the low $300’s.  To view the latest neighborhood real estate market report, including recent sales activity visit: Olde Providence neighborhood in Charlotte NC- Real Estate Market September 2010.

To view available homes in nearby Charlotte NC neighborhoods:

Beverly Woods Neighborhood Homes for Sale in Charlotte NC

Beverly Woods East Neighborhood Homes for Sale in Charlotte NC

Cameron Wood Neighborhood Homes for Sale in Charlotte NC

Candlewyck Neighborhood Homes for Sale in Charlotte NC

Fairmeadows Neighborhood Homes for Sale in Charlotte NC

Governors Square Neighborhood Homes for Sale in Charlotte NC

Rea Forest Neighborhood Homes for Sale in Charlotte NC

Sturnbridge Neighborhood Homes for Sale in Charlotte NC

Wessex Square Neighborhood Homes for Sale in Charlotte NC

Woodbridge Neighborhood Homes for Sale in Charlotte NC

OR to enter your own home search criteria, visit Search Charlotte NC Area Homes for Sale

Olde Providence is a Charlotte NC neighborhood of single family homes built primarily in the 1960’s and 1970’s in the heart of South Charlotte between Rea Rd and Colony Rd. The Olde Providence neighborhood is conveniently located between South Park and Ballantyne in South Charlotte NC.

Copyright©2010 by Diane McDermott, All Rights Reserved, “Olde Providence Neighborhood in Charlotte NC – Real Estate Inventory Trend September 2010″

*Data and statistics based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.

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The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in south Charlotte NC

Search Charlotte NC Area Homes for Sale

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About dianemcdermott

Diane is deeply passionate about serving single and divorced women home buyers, first time home buyers and new to the area buyers navigate the Charlotte area home buying process. Having navigated separation and divorce she has deep respect for the stress of transition and need for a home living situation that supports and nurtures. She connects and guides clients as they navigate the home buying process, transitioning to a space they'll love calling home. McDermott Real Estate
This entry was posted in Charlotte NC Neighborhood Real Estate Market Reports, Charlotte NC Real Estate Market Reports, Olde Providence Neighborhood Real Estate, Real Estate and tagged , . Bookmark the permalink.

One Response to Olde Providence Neighborhood in Charlotte NC – Real Estate Inventory Trend September 2010

  1. Pingback: Olde Providence Neighborhood in Charlotte NC – Real Estate Sales January to August « Diane McDermott's Charlotte NC Blog

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