There were 6 successfully closed home sales in Charlotte NC's Wessex Square neighborhood in 2011.
That's UP from the low in 2010 when just 3 neighborhood homes sold but still one of the lower amounts of home sales over the past 10 years.
Still, the 2011 activity was the first increase in sales activity since 2007 and broke the trend of declining home sales.
The average sales price for Wessex Square homes that SOLD in 2011 was $235,666 - that's DOWN from a year earlier and just below the 2006 average sales price for the neighborhood.
From 2006 through 2010 average prices were actually very consistent and there wasn't much change in either direction.
2011's average sales price in Wessex Square was still well ABOVE all of the 2005 and earlier average home sales pricing in the neighborhood
The Short-Term view on Wessex Square average home sales prices:
DOWN 6.7% from 2010 to 2011
The Long-Term View on average neighborhood prices:
UP 27.5% from 2002 to 2011 (that % already includes the recent decline)
The Wessex Square Neighborhood homes (there's only 1 available right now) currently on the market are priced at the mid $200s
To view the neighborhood real estate listings (link is updated daily) - Wessex Square Neighborhood Homes for Sale
To view homes for sale in nearby south Charlotte NC area neighborhoods:
Candlewyck Neighborhood Homes for Sale
Carmel Station Neighborhood Homes for Sale
Old Salem Neighborhood Homes for Sale
Olde Providence Neighborhood Homes for Sale
Sturnbridge Neighborhood Homes for Sale
Woodbridge Neighborhood Homes for Sale
OR to enter your own home search criteria, NO registration required: Search Charlotte NC Area Homes for Sale
The Wessex Square neighborhood is centrally located in south Charlotte NC, inside Hwy 51 between South Park and the Arboretum. Built in the 1980s, the neighborhood has an established feel and convenient location. Homes include ranch, 1.5 story and 2 story floor plans.
Originally posted at: Charlotte NC Neighborhoods, Real Estate Market and Local Charlotte NC Information
Copyright©2012 by Diane McDermott, All Rights Reserved, “Wessex Square Neighborhood in Charlotte NC, 2011 Home Sales Activity"
*Data and statistics based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.
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The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in south Charlotte NC
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