As the chart above illustrates, market activity for closed listings has shown a spike in closings around May/June and then again in Sept/October but there was at least one closed listing in each month.
Looking at additional stats for the January 2007-January 2008 period:
Average Sales Price: $337,211
Average Days on Market: 29
Average Percent of Sales Price Compared to List Price: 98%
So, homes in Beverly Woods on average were under contract within 30 days and sold for very close to list price, based on the past 13 months of activity.
This information is simply a snapshot and general overview of the neighborhood market, it is not a market analysis, which requires much further depth, application of information and consideration of a given property.
As always, for any questions or additional information we're just an e-mail or call away!
Diane McDermott
Real Estate Broker, REALTOR®
www.e2realestateteam.com
Diane@e2realestateteam.com
e2 Real Estate Team, Banks Calkins Real Estate Inc.
"Exceeding Expectations"
*Statistic based on data from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.
Beverly Woods Current Market Activity as of 2.7.08
| Listings Status | # of Listings | Avg List Price | Avg Square Feet | Avg Days on Market |
| Current Active Listings | 12 | $350,058 | 2078 | 84 |
| Current Pending Listings | 3 | $320,766 | 1773 | 46 |
| Current Conditional/Contingent Listings | 0 | n/a | n/a | n/a |
The current List Prices in Beverly Woods range from $299,000 to $499,900.
The 3 Pending listings are ranch style homes, and two of those went under contract in less than 10 days....not bad for the fall/winter season!
Beverly Woods is a neighborhood of single family homes, situated between Sharon Rd and Park South Dr, just south of Fairview Rd and is located just about a mile from South Park mall and Phillips Place.
The majority of homes were built in the 1960's into the early 1970's and styles include ranch, split level, 1.5 story, and 2 story homes. Mature shade trees and landscaping, generous property sizes, and a prime South Park location central to South Park, the Harris YMCA, the new light rail line, as well as Uptown Charlotte all add to the appeal of Beverly Woods.
As always, we're just an e-mail or call away for any questions or additional information.
Diane McDermott
Real Estate Broker, REALTOR®
www.e2realestateteam.com
Diane@e2realestateteam.com
704-516-3691
e2 Real Estate Team, Banks Calkins Real Estate Inc.
"Exceeding Expectations"
*Statistics based on data from Carolina Multiple Listing Service Inc as of 2.7.08. Information deemed reliable but not guaranteed.
Looking at the Chart above, the busiest months for closed sales in Olde Providence for the past year have been in the spring and summer months but activity has not been stagnant even in other seasons.
The Average Sales Pricesince January 2007 in the Olde Providence neighborhood was $265,700
Average Days on Market was 47
Average Square footage was 2046
Looking at how sales prices compared to list prices, the Average Sales Price/List Price was 97% so the closed listings sold for quite close to their list prices.
Of course, all of this data is simply a general analysis and is just a snapshot of the market activity for Olde Providence since January of 2007. This is not a market analysis, which requires much more in depth analysis and application of the market data to a given property.
For any questions or additional information, we're just an e-mail or call away!
Diane McDermott
Real Estate Broker, REALTOR®
www.e2realestateteam.com
Diane@southcharlottespecialist.com
704-516-3691
e2 Real Estate Team, Banks Calkins Real Estate Inc.
"Exceeding Expectations"
*Statistics based on data from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.
OLDE PROVIDENCE MARKET ACTIVITY AS OF 2.6.08
| Listing Status | Number of Listings | Average List Price | Average Square Feet | Average Days on Market |
| Current Active Listings | 11 | $294,309 | 2172 | 68 |
| Current Pending Listings | 2 | $274,900 | 2230 | 66 |
| Current Conditional/Contingent Listings | 1 | $289,900 | 2150 | 20 |
Olde Providence is located in the heart of South Charlotte, convenient to South Park, the Arboretum, and I-485. Tree-lined streets that wind gracefully through the neighborhood, mature landscaping and houses with generous property sizes make this neighborhood a hidden gem. The majority of homes were built in the 1960's and into the 1970's and many have been beautifully renovated and updated.
Current active listings in Olde Providence range in price from $225,000 to $370,000. Home styles include ranches, split levels and two story homes.
For more information or detailed current listing information, we're only an e-mail or call away!
Diane McDermott
Real Estate Broker, REALTOR®
www.e2realestateteam.com
Diane@southcharlottespecialist.com
704-516-3691
e2 Real Estate Team, Banks Calkins Real Estate Inc.
"Exceeding Expectations"
*Statistics based on data from Carolina Multiple Listing Service Inc. as of 2.6.08. Information deemed reliable but not guaranteed.
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