The 4 successfully closed home SALES in Charlotte NC's Providence Commons neighborhood over the past six months....
- had an Average Sales Price of $217,662 (range was $185,650 to $240,000)
- spent an Average of 108 Days on the Market (range was 70 days to 162 days)
- sold for an Average of 96.4% of the Original List Price, average of 96.4% of the Final List Price - NO Price Drops!
- Seller Paid Closing Cost Contributions of $3,916 to $5,000 were included in 2 of the 4 recently closed Providence Commons home sales
The Low $200s continue to have the majority (75%) of recently Sold activity and that's also where most of the Under Contract homes are priced.
Available homes for sale are priced from just Under $200k to the Upper $200s
To view the neighborhood real estate listings (link updated daily) - Homes for Sale in Providence Commons
The level of real estate inventory was DOWN as of February 2012 to a 4.5 month supply of homes for sale (below Balanced market conditions) - due to a drop in the amount of Available homes for Sale.
Compared to this time last year, the current supply of homes for sale in the neighborhood is much LOWER as of February 2012.
The available homes for sale in Providence Commons are currently priced from just Under $200k to the Mid $200s, all are 2 story homes with 3 to 4 bedrooms and 2.5 baths, 2 car garages and living space ranging from around 2300 square feet to more than 2500 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 February 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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