Lansdowne Neighborhood in Charlotte NC, Recent Home Sales Activity and Real Estate Inventory Trend January 2012

The 3 successfully closed home sales in Charlotte NC's Lansdowne neighborhood over the past six months...

- had an Average Sales Price of $219,333 (range was $203,000 to $245,000)

- spent an Average of 297 Days on the Market (range was 185 days to 433 days)

- sold for an Average of 80.2% of the Original List Price, average of 90% of the Final List Price

- Seller Paid Closing Cost Contributions of $4,000 were included in 1 of the 3 recent Lansdowne neighborhood home sales

ALL of the recently Sold activity has been at the Low $200s

Available Lansdowne Homes for Sale are priced from just Under $200k to the Low $300s - HALF of the active real estate listings are priced at the Upper $200s which is also where Under Contract activity is highest right now

The neighborhood real estate inventory level INcreased over the past month to a 16 month supply of homes for sale as of January 2012 - that's well ABOVE balanced conditions (balanced market conditions would be around a 6 month supply)

Compared to a year ago the January 2012 inventory level is HIGHER for the Lansdowne neighborhood and well into Buyer-favored territory.

The available Lansdowne homes for Buyers to consider range from just Under $200k to the Low $300s - with 3 to 5 bedrooms, 2 to 3.5 baths, around 1,900 to more than 4,000 square feet of living space and home styles including ranch, 1.5 story and tri-level homes (some have basements).

For the neighborhood real estate listings (link updated daily) - Lansdowne Neighborhood Homes for Sale

To view available homes for sale in nearby Southeast Charlotte NC neighborhoods:

Alexander Hall Neighborhood Homes for Sale in Charlotte NC

Bishops Ridge Neighborhood Homes for Sale in Charlotte NC

Beverly Crest Neighborhood Homes for Sale in Charlotte NC

Crown Colony Neighborhood Homes for Sale in Charlotte NC

Providence Commons Neighborhood Homes for Sale in Charlotte NC

Sardis Forest Neighborhood Homes for Sale in Charlotte NC

Stonehaven Neighborhood Homes for Sale in Charlotte NC

Woodbridge Neighborhood Homes for Sale in Charlotte NC

Or to enter your own home search criteria, NO registration required: Search Charlotte NC Area Homes for Sale

The Lansdowne Neighborhood in Charlotte NC is a neighborhood of single family homes in Southeast Charlotte NC, located between Providence Rd and Sardis Rd. Homes were built in the 1960's and home design styles include ranch, 1.5 story, tri-level and 2 story floor plans. The Lansdowne neighborhood has winding streets(many with sidewalks), mature tree canopy and is a well established neighborhood tucked in the heart of Southeast Charlotte, offering convenient access to Uptown Charlotte, Cotswold, South Park and the Arboretum.

Originally posted at: Charlotte NC Neighborhoods, Real Estate Market and Local Charlotte NC Information

Copyright©2012 by Diane McDermott, All Rights Reserved, “Lansdowne Neighborhood in Charlotte NC, Recent Home Sales Activity and Real Estate Inventory Trend January 2012"

*Data and statistics based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.

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The content of this blog is the original content of Diane McDermott, NC Residential Real Estate Broker in south Charlotte NC

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