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Providence Commons Neighborhood Charlotte NC, Home Sales Activity June 2012

By Diane McDermott

Real Estate Agent with Realtor®, GRI, Landis e2 Real Estate, LLC

June 17, 2012 06:42 AM

The 4 successfully closed home SALES in Charlotte NC's Providence Commons neighborhood over the past six months....

- had an Average Sales Price of $222,975 (range was $210,000 to $235,000)

- spent an Average of 141 Days on the Market (range was 38 days to 231 days)

- sold for an Average of 93.2% of the Original List Price, average of 95% of the Final List Price

- Seller Paid Closing Cost Contributions of $1,840 to $5,000 were included in 2 of the 4 recently closed Providence Commons home sales

The Low $200s have had ALL of the recently Sold activity

Available homes for sale are priced at the Low $200s - currently just 1 Available home for sale

To view the neighborhood real estate listings (link updated daily) -
Homes for Sale in Providence Commons

The level of real estate inventory was DOWN as of June 2012 to a 1.5 month supply of homes for sale (below Balanced market conditions which would be around a 6 month supply)

Neighborhood inventory is now at a 12 month AND 24 month LOW for this Southeast Charlotte area neighborhood.

Compared to this time last year, the current supply of homes for sale in the neighborhood is much LOWER as of June 2012.

The available home for sale in Providence Commons is currently priced at $235k, is a 2 story home with 4 bedrooms and 2.5 baths, 2 car garage and around 2400 square feet of living space.

To view the neighborhood real estate listings (link updated daily) -
Homes for Sale in Providence Commons

To view homes for sale in nearby Southeast Charlotte NC neighborhoods:

Beverly Crest Neighborhood Homes for Sale in Charlotte NC

Bishops Ridge Neighborhood Homes for Sale in Charlotte NC

Kellers Glen Neighborhood Homes for Sale in Charlotte NC

Lansdowne Neighborhood Homes for Sale in Charlotte NC

Providence Plantation Neighborhood Homes for Sale in Charlotte NC

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.