South Park Condo Market Update For May 2011

By
Real Estate Agent with Southern Homes of the Carolinas License# 219364

In May 2011 5 condos/townhomes sold in the South Park area, a 66% increase from the 3 condos or townhomes sold in April 2011. May 2011 sales figures decreased 37.5% from May 2010 when 8 condos sold.

The average sales price decreased 25.6% from $187,400 in April 2011 to $139,500 in May 2011. May 2011 average sales price decreased 26% from the May 2010 average sales price which was $188,250. 

Average days on the market increased 31% from 64 in April to 84 in May. May 2010 average days on the market were 151.

Currently there are 61 condo/townhomes listed for sale in the South Park area. The average unit is a 2 bed/2 bath home with 1,450 square feeet and an average list price of $220,126. The average days on the market are 216. Five South Park condos/townhomes are currently under contract.

South Park condos for sale

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
North Carolina Mecklenburg County Charlotte South Park
Groups:
North Carolina Real Estate
Charlotte NC Real Estate
Charlotte North Carolina Area
Charlotte Condos
Tags:
charlotte real estate
charlotte condos
charlotte condos for sale
south park charlotte
south park condos

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
38,750

Mike Spruell

"For A Smooth Sale"
Ask me a question
*
*
*
*
Spam prevention

Additional Information