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

The 15 successfully closed home SALES in Charlotte NC's Olde Providence neighborhood over the past six months...

- had an Average Sales Price of $213,366 (range was $129,000 to $312,500)

- spent an Average of 130 Days on the Market (range was 26 days to 251 days)

- sold for an Average of 85.6% of the Original List Price, average of 94% of the Final List Price

- Seller Paid Closing Cost Contributions of $1,000 to $6,500 were included in 8 of the 15 recently closed Olde Providence neighborhood home sales

Sold activity has been highest Under $250k

Available homes for sale are priced from Under $200k to the Low $300s but the majority (60%) are at the Low $200s

The supply of homes for sale in Olde Providence is DOWN again as of January 2012 to 4 months of real estate inventory - as the amount of Available homes for sale stayed the same and the Sales pace went UP.

This month's real estate inventory level is a new LOW for the past year (also the lowest level in nearly 2 years) and well below the supply of homes for sale at this time last year.

The currently available homes for sale are ranch and tri-level home styles (some with basements)with 3 to 5 bedrooms, 1.5 to 3 baths and living space from around 1600 square feet to more than 2500 square feet.

To view the neighborhood real estate listings (link updated daily) - Olde Providence Homes for Sale

To view available homes in nearby South Charlotte NC neighborhoods:

Beverly Woods Neighborhood Homes for Sale in Charlotte NC

Beverly Woods East Neighborhood Homes for Sale in Charlotte NC

Cameron Wood Neighborhood Homes for Sale in Charlotte NC

Candlewyck Neighborhood Homes for Sale in Charlotte NC

Fairmeadows Neighborhood Homes for Sale in Charlotte NC

Governors Square Neighborhood Homes for Sale in Charlotte NC

Rea Forest Neighborhood Homes for Sale in Charlotte NC

Sturnbridge Neighborhood Homes for Sale in Charlotte NC

Wessex Square 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

Olde Providence is a Charlotte NC neighborhood of single family homes built primarily in the 1960's and 1970's in the heart of South Charlotte between Rea Rd and Colony Rd. The Olde Providence neighborhood is conveniently located between South Park and Ballantyne in South Charlotte NC.

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

Copyright©2012 by Diane McDermott, All Rights Reserved, “Olde Providence 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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