Providence Arbours Neighborhood Charlotte NC, Home Sales Activity July 2012

The 5 successfully CLOSED home sales in Charlotte NC's Providence Arbours neighborhood in the past 6 months....

- had an Average Sales Price of $351,600 (range was $303,000 to $390,000)

- spent an Average of 53 Days on the Market (range was 14 days to 96 days)

- sold for an Average of 96.4% of the Original List Price, average of 96.4% of the Final List Price

- Seller Paid Closing Cost contributions of $1,725 were included in 1 of the 5 recent Providence Arbours neighborhood home sales

The Available Providence Arbours homes for sale are priced at the Upper $300s right now - only 1 available right now

Neighborhood real estate inventory is well BELOW balanced conditions at a 1.2 month supply of homes for sale and Active real estate listings are the Smallest piece of all real estate activity - Pending and Recently Closed Sales are 88% of activity as of July 2012.

There is just 1 choice for home Buyers in Providence Arbours and that's NOT an excessive supply.

Balanced market conditions would be around a 6 month supply and for the past five months the Providence Arbours neighborhood has had inventory consistently BELOW that level.

Since April 2012, the neighborhood real estate inventory level has been trending LOWER, and it was never all that high to begin with.

The currently available home for sale has 4 Bedrooms, 2.5 Baths, is a 2 story home style (with a basement) 2 car garage and around 3,700 square feet of living space

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

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

Canterbury Place Neighborhood Homes for Sale

Mallory Manor Neighborhood Homes for Sale

Providence Plantation Neighborhood Homes for Sale

Roxbury Neighborhood Homes for Sale

Sarah Hall Neighborhood Homes for Sale

St George Place Neighborhood Homes for Sale

OR to enter your own home search criteria, NO registration required: Search Charlotte NC Area Homes for Sale

The Providence Arbours neighborhood is an established community of single family homes in Southeast Charlotte NC located near the Promenade on Providence and inside the I-485 loop just off Providence Rd.

Originally posted at: Charlotte NC Real Estate Market, South Charlotte Neighborhoods and Local Charlotte NC Information

Copyright©2012 by Diane McDermott, All Rights Reserved, “Providence Arbours Neighborhood Charlotte NC, Home Sales Activity July 2012"

*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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