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Summerlake (28226) Market Report October 2019
Summerlake (28226) Market Report October 2019   

One of SouthPark's premier communities, Summerlake features 135 custom-built, elegant, traditional style homes. The homes in Summerlake range from 2,500 to 6,000+ square feet.  
 
Some of Summerlake's lots overlook the community pond, some are situated on the walking trails and others have 'back door' access to Olde Providence Swim & Racquet Club*. This lovely neighborhood is situated in the heart of SouthPark, approximately 3 miles from Quail Hollow Country Club, nearby Carmel Country Club and Cedarwood Golf Club is within close proximity as well.  
 
Of course, if you're into shopping and dining at fine restaurants, you will love this location, near SouthPark Mall and the mall's surrounding fabulous restaurants.  Summerlake residents also enjoy the convenience of the Arboretum and it's central location to all of Charlotte's premier private schools.  This neighborhood boasts top-ranked public school assignments as well.  
 
How's the market faring in popular Summerlake neighborhood?  
 
The average price per square foot in Summerlake is $217/SF  
 
The average sales price in Summerlake is $1,032,778, a year-over-year increase
 
The average days on the market are 63.

The market absorption trend reflects a 2.9 month supply of homes for sale in the Summerlake neighborhood, a strong sellers market.     ... more

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