The 3 successfully closed home sales in Charlotte NC’s Providence Commons neighborhood over the past six months….
– had an Average Sales Price of $215,917 (range was $198,750 to $230,000)
– spent an Average of 264 Days on the Market (range was 248 days to 285 days)
– sold for an Average of 90.1% of the Original List Price, average of 93% of the Final List Price
– Seller Paid Closing Cost Contributions of $2,500 to $5,962 were included in ALL of the 3 recently closed Providence Commons home sales
The Low $200’s have the majority of recent neighborhood sales activity and that’s also where the ALL of the current Under Contract homes are priced.
The level of real estate inventory in the Providence Commons neighborhood rose to a 14 month supply of homes for sale as of May 2011 due to an increase in Active real estate listings.
For most of 2011 so far the neighborhood inventory has been higher than at the middle of last year but still below the recent peaks in November/December of 2010.
Whether any of the available homes meet your needs as a buyer? Only you can make that decision.
To view the neighborhood real estate listings – Homes for Sale in Providence Commons
To view homes for sale in nearby Southeast Charlotte NC neighborhoods:
OR to enter your own home search criteria, NO registration required: Search Charlotte NC Area Homes for Sale
Charlotte NC’s Providence Commons Neighborhood is located Southeast of Uptown Charlotte NC with homes built in the mid 1990’s. The neighborhood includes Ranch, 1.5 story and 2 story home styles, many with a transitional layout (though 2 story homes are the most common). Easy commute to Uptown Charlotte, minutes to the Arboretum shopping center, convenience to South Park, Cotswold and Ballantyne from Charlotte NC’s Providence Commons neighborhood.
Copyright©2011 by Diane McDermott, All Rights Reserved, “Providence Commons Neighborhood in Charlotte NC Recent Home Sales Activity and Real Estate Inventory Trend May 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