South Park Condo Market Update For July 2011

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

In July 2011 2 condos/townhomes sold in the South Park area, a 60% decrease from the 5 condos or townhomes sold in June 2011. July 2011 sales figures decreased 77.8% from July 2010 when 9 condos sold.

The average sales price decreased 43% from $251,800 in June 2011 to $143,500 in July 2011. July 2011 average sales price decreased 48.6% from the July 2010 average sales price which was $278,944. 

Average days on the market decreased 22% from 218 in June to 170 in July. July 2010 average days on the market were 166.

Currently there are 68 condo/townhomes listed for sale in the South Park area. The average unit is a 2 bed/2 bath home with 1,380 square feeet and an average list price of $225,130, down .9% from June’s average list price of $227,127. The average days on the market are 208. Seven South Park condos/townhomes are currently under contract, up 75% from June.

South Park condos for sale


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Mike Spruell

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