Charlotte NC STONECROFT Market Report MAY 2023
The area's most elite custom builders came together and created an exclusive, luxury South Charlotte neighborhood, preserving age-old trees and developing stunning streetscapes. A complimentary mixture of architecture within the 120 elegant estate homes in Stonecroft, overlooking Carmel Country Club, draws one into this wonderful community.
Located in SouthPark, just minutes from Uptown and Charlotte Douglas International Airport, Stonecroft homeowners have fingertip access to everything that Charlotte has to offer. From the finest dining to cultural arts, professional sporting arenas to upscale shopping and schools to churches of all denominations, Stonecroft residents have ready-access!
Property in Stonecroft will always be desirable and as with other luxury communities in the area, days on the market are going to be slightly longer than other price ranges, regardless of the overall Charlotte market.
Average Sales Prices are at $1,841,000
Months Supply of Inventory - 0.1 months
Days on the Market in Stonecroft have fallen to 25.
Average Price Per Square Foot is down to $315
List-to-Sales Price Ratio is down to 98.6%
There have been 5 sales in the last 365 days.
TODAY'S TIP: If you're thinking of selling in today's market, speak to your neighborhood expert to see how pricing your home to sell and taking the time to prepare your home for the market will produce the best results for you.
Curious about the low list-to-sales price ratio? I wrote an article last year sharing the perils of INITIALLY overpricing your home. Many agents 'buy' listings, selling sellers on their ability to get FAR more for their home than they truly can, simply to convince the seller to list with them. The article shares actual examples of how this negatively impacts sellers in one of Charlotte's premier neighborhoods.
Read More: Charlotte real estate market analysis - let's talk pricing.
If you'd like further information on sales in Stonecroft, contact your neighborhood specialist, Debe Maxwell at SavvyBroker@me.com or call or text (704) 491-3310.
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© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Charlotte NC STONECROFT Market Report MAY 2023
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