Olde Sycamore in Mint Hill NC Real Estate Market Report--2011 Year-to-Date Review

Olde Sycamore in Mint Hill NC Real Estate Market Report—2011 Year-to-Date Review

Olde Sycamore is a golf course community located in both Mecklenburg County and Union County NC. The Town of Mint Hill NChas annexed all of the neighborhood homes in both counties. A large community, Olde Sycamore wraps around Olde Sycamore Golf Plantation, a highly regarded golf course built in 1997 and renovated in 2007. The neighborhood contains a variety of homes and price points. Construction in Olde Sycamore is nearly complete.

Olde Sycamore Real Estate Market Comparison

A detailed comparison of the 2011 year-to-date real estate market in Olde Sycamore can be found in the tables below. What can Olde Sycamore buyers and sellers learn from these statistics?

1. Sellers have less competition from new construction as it is nearly complete. The median price dropped in 2011 but the size of the homes sold also dropped substantially reflecting the fact that less new construction sold.
2. Buyers who want to live in a golf course community will find that Olde Sycamore is a very affordable choice.

Olde Sycamore Real Estate Market Comparison

Single Family Homes

Source: Carolina Multiple Listing Service

Olde Sycamore Types of Closed Sales

Seventy five percent of the 2011 sales were resales. The neighborhood had no foreclosures and only one short sale.

Source: Carolina Multiple Listing Service

Read more about Olde Sycamore, its community amenities, builders and public schools: Olde Sycamore in Mint Hill NC: Homes for Sale and Neighborhood Profile

Olde Sycamore Homes for Sale

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Copyright 2011. Carol Fox. Allen Tate Realtors. *Olde Sycamore in Mint Hill NC Real Estate Market Report—2011 Year-to-Date Review*