The 5 successfully closed home sales in Charlotte NC’s Lansdowne neighborhood over the past six months…
– had an Average Sales Price of $222,605 (range was $180,025 to $275,000)
– spent an Average of 223 Days on the Market (range was 46 days to 433 days)
– sold for an Average of 85.8% of the Original List Price, average of 92% of the Final List Price
– Seller Paid Closing Cost Contributions of $1,000 to $5,000 were included in 3 of the 5 recent Lansdowne neighborhood home sales
ALL of the recently Sold activity has been Under $300k and the majority has been at the Low $200s
Available Lansdowne Homes for Sale are priced from just Under $200k to the Upper $300s – HALF of the active real estate listings are priced at the Upper $200s
The neighborhood real estate inventory level DEcreased over the past month to a 12 month supply of homes for sale as of December 2011 – but that’s still well above balanced conditions (balanced market conditions would be around a 6 month supply)
Compared to a year ago the December 2011 inventory level is Higher for the Lansdowne neighborhood.
The available Lansdowne homes for Buyers to consider range from just Under $200k to the Upper $300s – with 3 to 5 bedrooms, 2 to 3.5 baths, around 1,900 to more than 4,000 square feet of living space and home styles including ranch, 1.5 story and split level homes (some have basements).
For the neighborhood real estate listings (link updated daily) – Lansdowne Neighborhood Homes for Sale
To view available 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
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 December 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