List To Sale Price Ratio: 103.56% | Average Home Prices Up 30%
Providence Pointe neighborhood in Charlotte's Ballantyne area had a strong showing in Quarter 3-2023. Average and median sale prices increased 30% and 29%, respectively, year-over-year. Prices also saw improvement quarter-over-quarter. The list to sale price ratio was 103.56%, up 2% from the same quarter in 2022. Days on market remained low at four days, albeit increasing year-over-year and quarter-over-quarter. No doubt lack of inventory in Providence Pointe contributed to this performance in Quarter 3-2023.
2022 was a strong year for home sales in Providence Pointe with home prices up, days on market low, list to sale price ratio over 100%, and inventory tight. Quarter 1-2023 continued the 2022 trends. Home prices remained steady, average days on market were low, inventory was tight, and the list to sale price ratio was over 100%. Quarter 2-2023 saw further improvement in home prices, list to sale price ratio, and days on market. Both average … (16 comments)
2022 was a strong year for home sales in Providence Pointe with home prices up, days on market low, list to sale price ratio over 100%, and inventory tight. Quarter 1 - 2023 continued the 2022 trends. Home prices remained steady, average days on market were low, inventory was tight, and the list to sale price ratio was over 100%.
PROVIDENCE POINTE HOME SALES SNAPSHOT: QUARTER 1 - 2023
To track sales in Providence Pointe "real time," click here for our Neighborhood Analyzer Report and sign up to automatically … (12 comments)
2022 was a strong year for home sales in Providence Pointe with home prices up, days on market low. Although the list to sale price ratio in Quarter 4-2022 was just below 100%, it was equal to what the same quarter saw one year ago. In 2022 the list to sale price ratio was over 106%, up 4% from the prior year. Average days on market were down year-over-year and quarter-over-quarter.
PROVIDENCE POINTE HOME SALES SNAPSHOT: 2022
PROVIDENCE POINTE HOME SALES SNAPSHOT: QUARTER 4 - 2022
DETAILED REPORT FOR PROVIDENCE POINTE HOME SALES … (24 comments)
One home sold in Providence Pointe during the Third Quarter 2022, two fewer than in the same quarter one year ago and eight fewer sales than in the Second Quarter 2022. Providence Pointe saw seven new listings during the third quarter, two fewer than in the same quarter in 2021. Third Quarter 2022 also had four fewer new listings than in the Second Quarter 2022.
The average sale price was $580,000, up 2.47% year-over-year. Median sale price was $580,00, up 10.48% year-over-year.
Average days on market in Providence Pointe … (12 comments)
Nine homes sold in Providence Pointe during the Second Quarter 2022, one less than in the same quarter one year ago, but nine more than in the First Quarter 2022, when no homes sold due to lack of listings. Providence Pointe saw four new listings during the second quarter, one less than in the same quarter in 2021.
The average sale price was $643,767, up 22.61% year-over-year. Median sale price was $630,00, up 25.37% year-over-year, setting a new record for medial sale price in Providence Pointe. Home sales … (20 comments)
NO homes sold in Providence Pointe during the 1st Quarter 2022 as no homes were listed for sale until late March. Three homes were listed during the first quarter in late March 2022.
The average list price for the three homes listed was $606,667; median sale price was $575,000. The highest list price was $695,000. Average days on market in Providence Pointe for the three homes listed in late March were two days.
At the end of the 1st Quarter 2021, NO homes were listed for sale in Providence … (20 comments)
Nine homes sold in Providence Pointe during the 4th Quarter 2021 one less than the 10 homes that sold in the same quarter of 2020. New listings were 50% lower with just three new listings versus six in the same quarter one year ago.
Both average ($570,878) and median ($545,000) sale prices were up significantly in Providence Pointe compared with one year ago. Average sale prices increased 28.78% year-over-year, while median sale prices increased 23.02%. (See chart below) Home prices in the Fourth Quarter 2021 ranged from $500,000 … (11 comments)
Providence Pointe Neighborhood in Charlotte's Ballantyne Area
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