How's the Real Estate Market in Providence Springs? 7/2015
Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market - low turnover year-after-year. Some years, there is more relocation than others and we are seeing a bit of a slow down in the relocation business this year.
The economy is beginning to stabilize and I believe that our Providence Springs market will see improvements in each of the below market stats during the upcoming quarters.
If you're a buyer, interested in a fabulous, neighborly community on the NORTH side of Highway 51 in a great school zone, visit www.ProvidenceSpringsInfo.com for more information on this popular Charlotte luxury community. We know that you won't be disappointed!
Here are the current real estate market stats for Providence Springs 7/2015:
Average Sales Price in Providence Springs - $572,171, a 6+% decline year-over-year.
Average Days on the Market in Providence Springs have decreased though, to 60.
Average Price Per Square Foot in Providence Springs is $149, also down over 6% year-over-year.
Average List-to-Sales Price Ratio (what percentage of your list price you actually get when you sell it) is 95.7%, down 1.2% year-over-year.
Thinking of selling your Providence Springs home? Check out our sales stats - we think you'll love that we continue to get our sellers a higher list-to-sales-price ratio (more money for their homes) and in a shorter amount of time (fewer days on the market).
Give us a call or text at (704) 491-3310 or email SavvyBroker@me.com for more information on listing your Providence Springs home or buying in this popular Charlotte luxury neighborhood.
© Debe Maxwell | The Maxwell House Group | SavvyBroker@me.com | How's the Real Estate Market in Providence Springs? 7/2015 | Previously posted at http://www.icharlotterealestate.com/providence-springs-market-update-q1-q2-2015/