There were 25 successfully closed home sales in Charlotte NC’s Beverly Woods neighborhood for 2010. That’s the first increase in home sales activity for the neighborhood since 2005.
Beverly Woods neighborhood home sales for 2010 were still slower than activity from 2002-2007 but were the highest amount of neighborhood sales since 2008 – after 4 straight years of declining activity that downward trend was broken in 2010.
The average sales price for Beverly Woods homes was $269,887 – and that also showed a stabilizing trend from the past few years. After two years of declining average sales prices, the 2010 average was nearly identical to 2009 (flat is still better than another decline!)
The short-term view on Beverly Woods average home sales prices – DOWN 19.9% from 2007 to 2010
The long-term view on average neighborhood home sales prices – UP 31.5% from 2002 to 2010 (that already includes the recent decline)
After a few years of a very challenging home sales landscape, the 2010 Beverly Woods neighborhood sales activity may not have been a “recovery” but it was a definite change from the trend of decline that’s been so prevalent for the past few years.
Available homes for sale in Beverly Woods are currently priced from the low $200’s to upper $300’s and there are a number of options for home buyers to consider.
For the most recent market update including activity by price range – Beverly Woods Neighborhood in Charlotte NC, Real Estate Market January 2011
To view available homes for sale in nearby neighborhoods in the South Park area of Charlotte NC:
Beverly Woods East Neighborhood Homes for Sale in Charlotte NC (located across Sharon Rd from Beverly Woods)
Or to enter your own home search criteria: Search Charlotte NC Area Homes for Sale
Beverly Woods is an established Charlotte NC neighborhood of single family homes in the heart of South Charlotte, minutes from South Park and convenient to Ballantyne, the South Blvd light rail line and Uptown Charlotte NC.
Copyright©2011 by Diane McDermott, All Rights Reserved, “Beverly Woods Neighborhood in Charlotte NC, 2010 Home Sales Activity”
*Data based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.
The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in Charlotte NC’s real estate market serving neighborhoods in Charlotte NC