How's the Real Estate Market in Providence Springs? 7/2015

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Real Estate Agent with www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 228209

How's the Real Estate Market in Providence Springs?  7/2015

Providence Springs InfoProvidence 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).  

Best Selling Real Estate Stats in Charlotte

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/

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Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Debe -- we also have some areas where turnover is rare and/or almost non-existent for years.   This is a very well-written overview of the Providence Springs community that underscores your value with its local insight.  

Nicely done.

 

Jul 26, 2015 04:19 AM #1
Ambassador
3,352,157
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Thank you, Michael Jacobs!  I am very familiar with this neighborhood as I lived there for years and served on the Board for nearly 6 years.  It's a fabulous community - I even tried to buy our old house back a couple of years ago!  (Hubby decided on another area!) 

Jul 26, 2015 06:58 AM #2
Rainmaker
3,209,278
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe, I love when these type of questions are being asked and you sure provide some great information...There are parts of Beverly Hills I wish there was turnover...but there is not because people love the location, Endre

Jul 29, 2015 04:33 PM #3
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