Charlotte's Research Park Premier Community - Lexington's Market Report For March 2012

Charlotte’s Research Park Premier Community - Lexington's Market Report for 2012

Distinctive lifestyle is the description of this finely crafted John Wieland Community. Located in the North sector of Charlotte, better known  as the University Area.

The Lexington neighborhood is convenient to North Charlotte’s leading employers, (Wells Fargo, TIAA- Cref, Carolina Medical) UNCC, close to shopping, Northlake Mall, Concord Mills, fine dining and easy access to interstates 85, 77 & 485.


Lexington Subdivision   - 2012 Market Absorption Trend Market Report

Past 6 Months - 4 Properties SOLD
Average Sales Price - $316,725.00
Average List Price   - $332, 169.00
Average L/P to S/P -    95.8%
Average Days On Market   - 97
Average Square Footage   - 3,913
Average Price Per Sq. Ft.    - $84.89

Past 3 Months - 3 Properties Sold
Average Sales Price - $310,950.00
Average List Price -   $321,938.00
Average L/P to S/P -   96.8%
Average Days On Market  -  116
Average Square Footage    -  3,734
Average Price Per Sq. Ft.  -   $83.28

( 3 )Current Actives On the Market
Average List Price - $324,967.00
Average Sq. Ft.     3,767
Average Days On Market  - 160
Average Price Per Sq. Ft.  -  $86.27

(1 )Property Under Contract
Average List Price - $315,000.00
Average Sq. Ft.     - 4,000
Average Days On Market  -  106
Average Price Per Sq. Ft.    - $78.75

Listings are down throughout Charlotte and the surrounding counties. In the past 12 months a total of 9 properties sold in Lexington. There is currently a three month supply of houses.

  Market Trend Analysis

6 Months Supply = Balance Market
Less than 6 Months Supply is a Sellers Market
More than 6 Months Supply is Buyers Market

Now is an ideal time for the move up buyer or downsize seller!

                        Contact me today for your FREE right price analysis!

16 Photos Available 2421 Arden Gate Lane Charlotte NC 28262 Price: $390,000 Beds: 5 Bathrooms: 5 Status: Active MLS#: 2064571 Property Details Request Info Schedule a Showing Listing Courtesy of: Wanda Akers Realty

5 Photos Available 11117 Tavernay Parkway Charlotte NC 28262 Price: $324,900 Beds: 5 Full Baths: 3 Half Baths: 1 Status: Active MLS#: 2042156 Property Details Request Info Schedule a Showing Listing Courtesy of: Keller Williams University Cty

14 Photos Available 10903 Parkleigh Drive Charlotte NC 28262 Price: $315,000 Beds: 5 Bathrooms: 4 Status: Pending MLS#: 2052551 Property Details Request Info Schedule a Showing Listing Courtesy of: Keller Williams Lake Norman

16 Photos Available 10926 Loudoun Lane Charlotte NC 28262 Price: $285,000 Beds: 4 Full Baths: 2 Half Baths: 1 Status: Conditional Con MLS#: 2060315 Property Details Request Info Schedule a Showing Listing Courtesy of: Cottinghamchalkhayes, Realtors

16 Photos Available 2533 Radrick Lane Charlotte NC 28262 Price: $260,000 Beds: 5 Full Baths: 2 Half Baths: 1 Status: Active MLS#: 2022350 Property Details Request Info Schedule a Showing Listing Courtesy of: Allen Tate Company

 

The data relating to real estate on this site derive in part from the Carolina Multiple Listing Services, Inc. IDX program.

Contact me today for your FREE right price analysis!

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