Montibello (SouthPark) Market Report SEPT 2023
Montibello is one of SouthPark's crème de la crème subdivisions when it comes to residential communities! Home to 571 elegant, custom-crafted residences, this neighborhood boasts spacious lots, heavily peppered with mature trees and lush greenery, creating an incredibly inviting streetscape.
Let's talk location—you couldn't ask for better convenience. Living in Montibello puts you just a hop, skip and a jump away from shopping havens like SouthPark Mall and Phillips Place. Plus, you're a quick 15-minute drive to both Uptown Charlotte and Ballantyne. SouthPark is truly at the heart of everything Charlotte!
And here's the cherry on top: Montibello is zoned for some of Charlotte's highest-rated public schools and is a stone's throw away from the city's elite private institutions. As for home prices, they range from the $700,000’s to well over $2 million - one new build selling this year at $4.5M!
Despite the lower inventory, we’re seeing steady sales prices, averaging $331 per square foot, and homes are selling quickly with an average of only 18 days on the market. Currently, inventory is low (only 3 homes up for grabs), making it a solid seller's market with just a 0.6-month supply—a 14.3% YoY decrease.
So, if Montibello sounds like your kind of place, now's the time to make your move!
Here are Montebello’s quick market analytics:
AVERAGE SALES PRICE IN MONTIBELLO
AVERAGE DAYS ON THE MARKET
MONTHS SUPPLY OF INVENTORY IN MONTIBELLO
LIST-TO-SALES-PRICE RATIO IN MONTIBELLO
For a more in-depth analysis, specific to this or any community, call or text (704) 491-3310
Looking for a home in one of Charlotte’s most popular neighborhoods? You simply must tour Montibello! The location is primo and the neighbors – fantastic!
Visit www.TheMaxwellHouseGroup.com for more information and to search for homes in Montibello. Your first step should be enlisting an experienced, local real estate broker. Selecting a great broker is not as easy as it may seem.
If you're a Montibello homeowner, you will definitely want to enlist a seasoned real estate professional for your real estate needs. We would love to share our knowledge of the Montibello community in SouthPark with you…and give you the grand tour of the homes available in this gorgeous neighborhood!
If you’re thinking of selling your Montibello home, let’s talk! As with everything in life, preparation is key and I will equip you with what you’ll need to get you, as seamlessly as possible, through the home-selling process. Call or text (704) 491-3310 *References from any of our sellers are available upon request.
Read our reviews www.CharlotteRealEstateAgentReviews.com.
© Debe Maxwell | The Maxwell House Group | SavvyBroker@me.com | Montibello (SouthPark) Market Report SEPT 2023