SouthPark Market Report | December 2016

By
Real Estate Agent with www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 228209

SouthPark Market Report | December 2016

 Market Report SouthParkLiving in SouthPark is truly a dream!  When it comes to convenience, this live/work community is ever-so desirable and the things to do here are never-ending.  Buyers love our community’s location in the city – truly what one would call ‘center city!’ Although our Uptown is actually known as Center City, SouthPark offers an easy, 12-minute commute to Uptown as well as Ballantyne – smack dab in the middle!  When it comes to commute time, this is the premier South Charlotte address.

Recent sales have slowed a bit in our area but, that is primarily because of the low inventory and, of course the season.  Some feel that the election distraction had an impact on our market but, fall is typically a ‘slower’ season as children have returned to school and preparation for the upcoming holidays becomes a top priority.

Average sales prices are up in SouthPark 12% year-over-year and we have a 2.0 month supply of homes for sale in SouthPark - a STRONG seller's market.  Single family home price per square foot averages $162.

Homeowners thinking of selling are simply unable to find their next home in the current market so, they are patiently waiting until they find something and then, plan to list their homes.  As a reminder to buyers though, interest rates and sales prices are increasing so, now is a primo time to buy!

Here is the wrap-up for December in SouthPark.  

Thinking of buying or selling in SouthPark?  We live in this wonderful community and would love to chat with you about real estate in SouthPark! Call (704) 491-3310 or email DebeM@remax.net.

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | SouthPark Market Report | December 2016

Originally posted @ http://www.icharlotterealestate.com/?p=15533#ixzz4UQw8VzMB

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Rainmaker
2,420,972
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Debe Maxwell 

Stopping by to wish you and yours a safe and Happy New Year's Eve and a wonderful 2017!

Dec 31, 2016 04:21 PM #1
Rainmaker
862,642
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Thank you for sharing South Park market report. It is always nice to see how the market is doing in other parts of the country.

Wishing you a very prosperous New Year!

Dec 31, 2016 04:22 PM #2
Ambassador
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Thank you so much, Lisa Von Domek!  Happy New Year to you as well!  Here's to a fabulous 2017!!

Dec 31, 2016 04:40 PM #3
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Les & Sarah Oswald - Thank you!  Yes, I love reading others' market reports across the country too!  Happy New Year to you both!

Dec 31, 2016 04:41 PM #4
Rainmaker
377,197
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, GRI,SFR, Realtor

Debe,

Have a wonderful New Year:)

Jan 01, 2017 04:32 AM #5
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thanks for the post.Happy New Year . I hope you will achieve all your goals in 2017. Have a good year.

Jan 01, 2017 06:36 AM #6
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Thank you Katina Hargrove 352-551-0308 - Happy New Year to you too!

Jan 01, 2017 06:45 AM #7
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

And you as well, Gita Bantwal!  Here's to a wildly successful 2017 for you!

Jan 01, 2017 06:46 AM #8
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