About Mint Hill's Olde Sycamore Golf Plantation

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*

Olde Sycamore in Mint Hill NC—2010 Real Estate Market Update

Olde Sycamore is built around Old Sycamore Golf Plantation, a well-regarded golf course built in 1997 and renovated in 2007. Homes on the golf course and homes with golf course views can be found in the neighborhood. Located in Mint Hill NC, Olde Sycamore lies in both Mecklenburg and Union Counties. Construction continues today in the Union County section of the neighborhood.

How did the 2010 real estate market in Olde Sycamore compare with the 2009 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. Eighteen single family homes sold in the neighborhood in 2010 compared with 10 in 2009.

Olde Sycamore Real Estate Market Comparison

Single Family Homes

Median home prices increased 4.3% from 2009 to 2010. Median home square footage also increased by 14.5% indicating that Olde Sycamore homes were selling for less on a square foot basis in 2010. Median days on market quadrupled in 2010.

Source: Carolina Multiple Listing Service

Olde Sycamore Types of Closed Sales

Foreclosures and short sales accounted for over 44% of Olde Sycamore sales in 2010. Resales were nearly 39% of sales with the remainder new construction.

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

Click here to see Olde Sycamore homes for sale.

Ever wonder what your Olde Sycamore home is worth?

Click here to receive a free market evaluation.

Copyright 2011. Carol Fox. Allen Tate Realtors. *Olde Sycamore in Mint Hill NC—2010 Real Estate Market Update*

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Olde Sycamore Homes for Sale-Mint Hill-Olde Sycamore Homes

Olde Sycamore homes for sale in Mint Hill. Get a birdseye view of the housing market in the neighborhood of Olde Sycamore. We include Charlotte realty links for nearby communities. Explore the area and give us a call when you need more detailed information! The following report numbers are market averages for Olde Sycamore homes that have “sold” as noted in the Carolina MLS.

Olde Sycamore Housing Market Report: January 1-July 1, 2010:

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Olde Sycamore in Mint Hill NC—Homes for Sale and Neighborhood Profile

Click here for an update to the 2010 real estate market in Olde Sycamore.

Olde Sycamore is a golf course community that straddles the Mecklenburg and Union County line. The centerpiece of the neighborhood is Olde Sycamore Golf Plantation, a well-regarded golf course built in 1997. The main entrance of the neighborhood is found off Highway 218 in Mint Hill NC. An interchange with I-485 is located just a mile and a half east of this entrance.

Construction of homes in Olde Sycamore began in 1996-97. Neighborhood homes were built by several production builders as well as custom builders in another section of Olde Sycamore. Construction continues today in The Links, located in the Union County section of the neighborhood. Homes on golf course lots are available in the neighborhood.

Mint Hill has annexed all homes in Olde Sycamore into its town limits. Children who live in the Mecklenburg County section of the neighborhood attend Charlotte-Mecklenburg schools and children in the Union County section attend Union County schools.

When built, Olde Sycamore’s golf course was voted “Best New Course” by Charlotte’s Best Magazine. The golf course was renovated in 2007. Some of the features of the course follow:

• Designed by famous course architect Tom Jackson
• Semi-private 18-hole championship course (par “72”)
• 6900 yard championship layout features Bermuda fairways lined with hardwoods and pines
• Golf shop and clubhouse with restaurant

Olde Sycamore Community Features

Community Amenities: Olde Sycamore Homeowners Association, clubhouse, swimming pool, tennis courts

Builders: Multiple custom home builders, Beazer, Fortis, Orleans

Schools: Fairview Elementary, Piedmont Middle, Piedmont High in Union County. Bain Elementary, Mint Hill Middle, Butler High in Mecklenburg County. School assignments are subject to change. Check with the Union County or Charlotte-Mecklenburg Public Schools for current school assignments.

Olde Sycamore Real Estate Market Update

January to December 2009

Single Family Homes

Homes Sold: 10 homes

Prices: $206,000 to $419,000 Average Sales Price: $295,500

Average Square Feet: 3100

Average Days on Market: 122

Source: Carolina Multiple Listing Service

Olde Sycamore Homes for Sale

Click here to see Olde Sycamore homes for sale.

Ever wonder what your Olde Sycamore home is worth?

Click here to receive a free market evaluation.

Copyright 2010. Carol Fox. Allen Tate Realtors. *Olde Sycamore in Mint Hill NC—Homes for Sale and Neighborhood Profile*