SouthPark Market Report DEC 2018

SouthPark Market Report DEC 2018

SouthPark, one of the most prestigious addresses in Charlotte, offers, wonderful proximity to everything Charlotte and a lifestyle that is highly desirable. We are 12 minutes from Uptown and 12 minutes from Ballantyne (to the north and south of SouthPark) and a even a little closer to Cotswold on the east and Dilworth on the west side. You really can't find a more ‘central’ location than SouthPark.  Because of the superior location, SouthPark continues to thrive as one of the southeast’s largest live/work communities as well.

SouthPark's housing styles range from 1950’s ranch homes in Beverly Woods and Barclay Downs to newer million- & multi-million-dollar homes in neighborhoods like Quail Hollow, Carmel Park, Foxcroft, Sharon Hills, Royden and the exclusive gated communities of Morrocroft and nearby Seven Eagles. 

The Harris YMCA, located at the corner of Sharon and Quail Hollow Roads, is also a legacy from the Morrison/Harris family. Read more about SouthPark neighborhoods here.

*SouthPark Mall is a bustling hot spot right now - beautifully decorated for the season.

The latest numbers are in for November and the real estate market remains fairly strong in the SouthPark area.

SouthPark continues in a strong sellers market, demonstrating that our community remains a top choice for relocation clients who are moving to the area. Inventory has increased but, sales continue at a strong, steady pace.

Here is the latest SouthPark real estate market report:

Average Sales Prices in the Zip Codes that make up the SouthPark community:

 
The inventory remains low with a  3.2 month supply, a strong sellers market.

New listings during the month of November were 81, up 55.8% year-over-year.

There are currently 347 homes on the market.

Average sales price during the month of November surpassed the $500K mark at $500,117. *April 2004 and April 2018 are the only two months that have ever exceeded $500,000.

Average price per square foot during the month of November was $184.

List-to-sales price is at 96.2% in the SouthPark area.

There were 99 Closed homes in SouthPark during the month of November.

Average days on the market have increased slightly to 47 in SouthPark.

SEARCH ALL SOUTHPARK HOMES FOR SALE 

BUYERS

Visit www.TheMaxwellHouseGroup.com for more information and to search for homes in SouthPark. Your first step should be enlisting an experienced, local real estate broker. Selecting a great broker is not as easy as it may seem. Enlist a seasoned real estate professional for your real estate needs. We would love to share our knowledge of the SouthPark/South Charlotte area with you...and give you the grand tour of our communnity too!

Hiring the RIGHT Charlotte Realtor® is critical to your home buying success!

SELLERS  

If you're thinking of selling your Charlotte home, let's talk! As with everything in life, preparation is key and I will equip you with what you'll need to get you, as seamlessly as possible, through the home-selling process. 
Call or text (704) 491-3310

*References from any of our sellers are available upon request.  Read our reviews at www.CharlotteRealEstateAgentReviews.com. 

Hiring the RIGHT Charlotte Realtor® is critical to your home selling success too!

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | SouthPark Market Report DEC 2018

Originally posted at: https://www.icharlotterealestate.com/southpark-market-report-oct-2018