The 7 successfully closed home sales in Charlotte NC’s Lansdowne neighborhood over the past six months…
– had an Average Sales Price of $279,714 (range was $212,500 to $364,000)
– spent an Average of 275 Days on the Market (range was 67 days to 510 days)
– sold for an Average of 84.9% of the Original List Price, average of 93% of the Final List Price
– Seller Paid Closing Cost Contributions of $3,000 to $5,000 were included in 4 of the 7 recent Lansdowne neighborhood home sales
Recent sales activity has been highest Under $300k and that’s also where ALL of the current Under Contract home are priced.
Available Lansdowne Homes for Sale are priced from the Low $200’s to the Upper $300’s.
As of March 2011 there’s an 8.3 month supply of neighborhood homes for sale and the trend since the beginning of the year has been gradually INcreasing levels of real estate inventory in Lansdowne.
After dropping below balanced real estate market conditions at the very end of 2010/beginning of 2011 the level of real estate inventory in Lansdowne has been on the rise as we approach Spring meaning additional options and choices for home Buyers to consider.
To view available homes for sale in nearby Southeast Charlotte NC neighborhoods:
Or to enter your own home search criteria: Search Charlotte NC Area Homes for Sale
The Lansdowne Neighborhood in Charlotte NC is a neighborhood of single family homes in Southeast Charlotte NC, located between Providence Rd and Sardis Rd. Homes were built in the 1960’s and home design styles include ranch, 1.5 story, tri-level and 2 story floor plans. The Lansdowne neighborhood has winding streets(many with sidewalks), mature tree canopy and is a well established neighborhood tucked in the heart of Southeast Charlotte, offering convenient access to Uptown Charlotte, Cotswold, South Park and the Arboretum.
Copyright©2011 by Diane McDermott, All Rights Reserved, “Lansdowne Neighborhood in Charlotte NC, Recent Home Sales Activity and Real Estate Inventory Trend March 2011″
*Data and statistics 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 south Charlotte NC