South Park Condo Market Update For August 2011

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

In August 2011 4 condos/townhomes sold in the South Park area, a 100% increase from the 2 condos or townhomes sold in July 2011. August 2011 sales figures decreased 33% from August 2010 when 6 condos sold.

The average sales price increased 26.3% from $143,500 in July 2011 to $181,250 in August 2011. August 2011 average sales price decreased 5% from the August 2010 average sales price which was $190,750. 

Average days on the market increased 155% from 170 in July to 434 in August. August 2010 average days on the market were 166.

Currently there are 57 condo/townhomes listed for sale in the South Park area. The average unit is a 2 bed/2 bath home with 1,378 square feeet and an average list price of $221,862, down 1.5% from July’s average list price of $225,130. The average days on the market are 218. Five South Park condos/townhomes are currently under contract, down 28.6% from July.

South Park condos for sale

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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
south park charlotte
south park real estate
charlotte nc condos
south park condos

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Rainmaker
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Mike Spruell

"For A Smooth Sale"
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