The 7 successfully closed home sales in Charlotte NC's Olde Providence neighborhood over the past six months...
- had an Average Sales Price of $218,928 (range was $160,000 to $312,000)
- spent an Average of 110 Days on the Market (range was 36 days to 198 days)
- sold for an Average of 88.2% of the Original List Price, average of 95% of the Final List Price
- Seller Paid Closing Cost Contributions of $2,500 to $8,000 were included in 5 of the 7 recently closed Olde Providence neighborhood home sales
Sold activity continues to be highest Under $200k
Available homes for sale are priced from Under $200k to the Low $300s but the majority are at the $200s.
The supply of homes for sale in Olde Providence is slightly lower as of July 2011 with 12.5 months of real estate inventory - still above balanced conditions and higher than this time last year but down from the peak in May of 2011.
To view available homes in nearby South Charlotte NC neighborhoods:
Beverly Woods Neighborhood Homes for Sale in Charlotte NC
Beverly Woods East Neighborhood Homes for Sale in Charlotte NC
Cameron Wood Neighborhood Homes for Sale in Charlotte NC
Candlewyck Neighborhood Homes for Sale in Charlotte NC
Fairmeadows Neighborhood Homes for Sale in Charlotte NC
Governors Square Neighborhood Homes for Sale in Charlotte NC
Rea Forest Neighborhood Homes for Sale in Charlotte NC
Sturnbridge Neighborhood Homes for Sale in Charlotte NC
Wessex Square Neighborhood Homes for Sale in Charlotte NC
Woodbridge Neighborhood Homes for Sale in Charlotte NC
OR to enter your own home search criteria, NO registration required - Search Charlotte NC Area Homes for Sale
Olde Providence is a Charlotte NC neighborhood of single family homes built primarily in the 1960's and 1970's in the heart of South Charlotte between Rea Rd and Colony Rd. The Olde Providence neighborhood is conveniently located between South Park and Ballantyne in South Charlotte NC.
Originally posted at: Charlotte NC Real Estate Market, Real Estate and Local Charlotte NC Information
Copyright©2011 by Diane McDermott, All Rights Reserved, “Olde Providence Neighborhood in Charlotte NC, Recent Home Sales Activity and Real Estate Inventory Trend July 2011"
*Data and statistics based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.
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The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in south Charlotte NC
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