Providence Plantation Neighborhood in Charlotte NC - 10 Year Sales Overview
Providence Plantation is one of Charlotte's most desirable neighborhoods. This 10 Year Sales Overview illustrates that even though this South Charlotte neighborhood has lost some value during the housing meltdown, the losses are not nearly as significant as in other areas of Charlotte and across the country. With gorgeous homes, large, mature lots, a swim and tennis club, and top-rated Providence High School and Providence Spring Elementary School, Providence Plantation is a great choice for your next home!
The average sales price in Providence Plantation in 2010 was $431,700, which was less than one percent (.98%) than in 2009, and a 10.37% drop from it's peak average sales price in 2007.
This chart provides lots of market data for buyers and sellers who are interested in Providence Plantation neighborhood. Notice how consistently the list price and sales price paralleled at a 97% ratio until 1996, just before the housing/mortgage crisis began in late 2007. We see prices and price/square foot steadily increasing as well.
Providence Plantation neighborhood outperformed the Charlotte NC region in value, with prices reverting to midway between 2005 and 2006 values. In the Charlotte region as a whole, prices reverted to 2004 levels.
Check out Providence Plantation homes for sale and see the great values for yourself. Call me, text me, or email me to discuss listing your Providence Plantation home for sale, or buying a home in Providence Plantation. I live in the neighborhood, and have successfully sold many homes there.
Here is one of my current listings at 5521 Flowering Dogwood Lane in Providence Plantation - beautiful, updated home at a GREAT PRICE! Whether it's Providence Plantation or any other Charlotte neighborhood, I'm happy to help you with all your real estate needs!