SouthPark Real Estate Market Report OCT 2018

SouthPark, one of the most prestigious addresses in Charlotte, offers, wonderful proximity to everything Charlotte and a lifestyle that is highly desirable. We are 12 minutes from Uptown and 12 minutes from Ballantyne (to the north and south of SouthPark) and a little less distance from Cotswold on the east side and Dilworth on the west side. It really doesn’t get more ‘central’ than that, does it?! The central location in the city may just be the reason that SouthPark is one of the southeast’s largest live/work communities as well.

SouthPark’s housing styles range from 1950’s ranch properties in Beverly Woods and Barclay Downs to newer multi-million-dollar homes in neighborhoods like Quail Hollow, Carmel Park, Foxcroft, Sharon Hills, Royden and the exclusive gated communities of Morrocroft and nearby Seven Eagles. The Harris YMCA, located at the corner of Sharon and Quail Hollow Roads, is also a legacy from the Morrison/Harris family. Read more about SouthPark neighborhoods here.

The latest numbers are in for September and the real estate market remains fairly strong in the SouthPark area.

SouthPark home sales continue in a strong sellers market, demonstrating that our community remains a hot spot to land when moving to the area. Inventory is just slightly increased but, sales continue at a strong, steady pace. Here is the latest market report:

Average Sales Prices in the Zip Codes that make up the SouthPark community:

The inventory remains low with a 3.2 month supply, a strong sellers market.

New listings during the month of September were 154, fairly low inventory and very similar to the previous month.

There are currently 379 homes on the market.

Average sales price during the month of September was $493,047.

Average price per square foot during the month of September was $182.

List-to-sales price is at 96.3% in the SouthPark area.

There were 861 Closed single family homes and condos/townhomes in SouthPark during the month of September.

Average days on the market have increased slightly to 45 in SouthPark.

SEARCH ALL SOUTHPARK HOMES FOR SALE

BUYERS

Visit www.TheMaxwellHouseGroup.com for more information and to search for homes in SouthPark. Your first step should be enlisting an experienced, local real estate broker. Selecting a great broker is not as easy as it may seem. There are real estate agents and brokers who will sell you anything but, you want to enlist a seasoned real estate professional for your real estate needs. We would love to share our knowledge of the SouthPark/South Charlotte area with you…and give you the grand tour too!

Hiring the RIGHT Charlotte Realtor® is critical to your home buying success!

SELLERS

If you’re thinking of selling your Charlotte home, let’s talk! As with everything in life, preparation is key and I will equip you with what you’ll need to get you, as seamlessly as possible, through the home-selling process. Call or text (704) 491-3310

*References from any of our sellers are available upon request. Read our reviews www.CharlotteRealEstateAgentReviews.com.

Hiring the RIGHT Charlotte Realtor® is critical to your home selling success too!