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Berkeley Neighborhood in Charlotte NC, Recent Home Sales Activity and Real Estate Inventory Trend May 2012

By
Real Estate Agent with RealtorĀ®, GRI, Landis e2 Real Estate, LLC


The 6 successfully closed home SALES in Charlotte NC's Berkeley neighborhood over the past six months...

- had an Average Sales Price of $369,875 (range was $341,000 to $407,250)

- spent an Average of 126 Days on the Market (range was 42 days to 226 days)

- sold for an Average of 95% of the Original List Price, Average of 97% of the Final List Price

- Seller Paid Closing Cost Contributions of $1,000 to $5,725 were included in 4 of the 6 recent Berkeley neighborhood home sales

The Upper $300s had the highest amount of recent sales activity

Available Berkeley Neighborhood Homes for Sale are priced from the Upper $300s to Upper $400s

 

The neighborhood real estate inventory (supply of homes for sale) is DOWN as of May 2012 (back Below balanced conditions and a shrinking supply of neighborhood homes for sale)

After increasing briefly in April, the neighborhood real estate inventory dropped to a 3 month supply of homes for sale as of May 2012 - due to a steady sales pace and falling amount of Available homes for sale.

Buyers will still find options in the Berkeley neighborhood but there is NOT an oversupply of homes for sale right now.

The currently available homes for sale have 4 bedrooms, 2.5 to 3.5 baths, around 2,900 to more than 3,500 square feet of living space and are 2 story home styles with 2 car garages.

To view the neighborhood real estate listings (link updated daily)-
Berkeley Neighborhood Homes for Sale

 

To view homes for sale in nearby South Charlotte NC area neighborhoods:

Carrington Neighborhood Homes for Sale

Holly Hill Farms Neighborhood Homes for Sale

Hunters Valley Neighborhood Homes for Sale

Piper Glen Neighborhood Homes for Sale

Raintree Neighborhood Homes for Sale

Quail Acres Neighborhood Homes for Sale

Rosecliff Neighborhood Homes for Sale

OR to enter your own home search criteria: Search Charlotte NC Area Homes for Sale

 

berkeleyThe Berkeley Neighborhood in South Charlotte NC is located just off Providence Rd and Ballantyne Commons Parkway inside the 485 loop and includes homes ranging from around 2,500 square feet to more than 4,000 square feet. Built from the late 1980s through early 2000s the neighborhood offers an established community feel with convenience to Providence Rd area and Ballantyne amenities.


Originally posted at: Charlotte NC Neighborhoods, Real Estate Market and Local Charlotte NC Information


Copyright©2012 by Diane McDermott, All Rights Reserved, “Berkeley Neighborhood in Charlotte NC, Recent Home Sales Activity and Real Estate Inventory Trend May 2012"

*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

Search Charlotte NC Area Homes for Sale

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