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

The 4 successfully closed home SALES in Charlotte NC's Providence Commons neighborhood over the past six months....

- had an Average Sales Price of $212,662 (range was $185,650 to $240,000)

- spent an Average of 101 Days on the Market (range was 44 days to 162 days)

- sold for an Average of 96.8% of the Original List Price, average of 97% of the Final List Price

- Seller Paid Closing Cost Contributions of $3,916 were included in 1 of the 4 recently closed Providence Commons home sales

The Low $200s have had the majority (75%) of recently Sold activity and that's also where most of the Available homes for sale are priced.

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

The level of real estate inventory was UP as of January 2012 to a 9 month supply of homes for sale (above Balanced and into Buyer favored market conditions) - due to a drop in the amount of recently Sold activity level.

Compared to this time last year, the current supply of homes for sale in the neighborhood is slightly HIGHER.

The available homes for sale in Providence Commons are currently priced from just Under $200k to the Mid $200s, all are 1.5 and 2 story homes with 3 to 4 bedrooms and 2.5 baths, 2 car garages and living space ranging from around 1800 square feet to more than 2400 square feet.

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

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

Beverly Crest Neighborhood Homes for Sale in Charlotte NC

Bishops Ridge Neighborhood Homes for Sale in Charlotte NC

Kellers Glen Neighborhood Homes for Sale in Charlotte NC

Lansdowne Neighborhood Homes for Sale in Charlotte NC

Providence Plantation 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

Charlotte NC's Providence Commons Neighborhood is located Southeast of Uptown Charlotte NC with homes built in the mid 1990's. The neighborhood includes Ranch, 1.5 story and 2 story home styles, many with a transitional layout (though 2 story homes are the most common). Easy commute to Uptown Charlotte, minutes to the Arboretum shopping center, convenience to South Park, Cotswold and Ballantyne from Charlotte NC's Providence Commons neighborhood.

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

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