Popular SouthPark Neighborhood Market Update MAR 2020
Barclay Downs - A SouthPark Community - Market Report MAR 2020
How's the Market in Barclay Downs?
BARCLAY DOWNS SOUTHPARK CHARLOTTE:
SouthPark, once part of a 3,000-acre farm owned by N.C. Gov. Cameron Morrison, that has since been transformed into one of North Carolina’s most esteemed and successful live/work communities.
It contains one of the most popular neighborhoods in Charlotte - Barclay Downs. Neighbors include SouthPark Mall, The Colony, Piedmont Row and more. Barclay Downs features several award winning public schools, a regional library, and plenty of general and specialty retail shopping.
Barclay Down’s livability score is 72 – ranked #57 in Charlotte and #71 in North Carolina. It currently has a 97% high school graduation rate and a 70% higher income than America’s average (the median household income is $95K). Median home prices are fairly reasonable in Barclay Downs at $531,900, with the cost of living is 43% higher than the average for Charlotte.
The neighborhood is composed of nearly 400 homes, mostly brick, developed in the 1950's. Most of them have been renovated or leveled and re-built with homes selling in the mid-$300's to over $1,300,000.
If you’re searching for lifestyle, discover popular Charlotte neighborhood of Barclay Downs. The popularity of this community is driven by it’s lifestyle, location and amenities. Living in SouthPark, I know you're going to love living here!
The real estate market in Barclay Downs is booming and when well-marketed and priced correctly, sellers enjoy a bountiful sale. Here is the latest data on the Barclay Downs community in SouthPark, Charlotte.
Market Absorption Rate - 1.8 months - one of the lowest in the Charlotte Metro region
Average Sales Price - $683,127 (*Down slightly from last month but, up year-over-year)
Average Days on the Market - 36 - A bit fewer than last month.
Number of homes on the market - 5
Showings Per Listing - 8.4
Thinking of selling your Barclay Downs home? Let's talk! Give me a call or shoot me a text at (704) 491-3310 or visit www.ListMyCharlotteHome.com and complete the information and I'll be in touch shortly.
© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Barclay Downs - A SouthPark Community - Market Report MAR 2020