Charlotte NC STONECROFT Market Report MAY 2018
Location, location, luxury! The area’s most elite custom builders created an exclusive South Charlotte neighborhood, preserving age-old trees and boasting beautiful streetscapes. A complimentary mixture of architecture is seen in the 120 elegant estate homes in Stonecroft, overlooking Carmel Country Club.
Located in SouthPark, just minutes from Uptown and Charlotte Douglas International Airport, Stonecroft homeowners have fingertip access to everything that Charlotte has to offer. From the finest dining to cultural arts, professional sporting arenas to upscale shopping and schools to churches of all denominations, Stonecroft residents have ready-access!
Property in Stonecroft continues to ‘move,’ with days on the market keeping well below the city’s average and showing appreciation, year-over-year.
Average Sales Prices are at $1,327,143, a 32.3% increase, year-over-year
Months Supply of Inventory – 1.6 months, down 46.7%, year-over-year
Days on the Market in Stonecroft are 74, a 196.0% increase, year-over-year
Average Price Per Square Foot is down 3.7% to $208
List-to-Sales Price Ratio is down 1.5% to 95.9%
There have been 7 sales this year in Stonecroft, an increase of 133.3%
5 homes are currently on the market in Stonecroft – Average list price is $1,623,000, 37 days on the market with an average heated square footage of 6,429 ($246.92/SF).
TODAY’S TIP: If you’re thinking of selling in today’s market, speak to your neighborhood expert to see how pricing your home to sell and taking the time to prepare your home for the market will produce the best results for you!
If you’d like further information on sales in Stonecroft, contact your neighborhood specialist, Debe Maxwell at Debe@DebeMaxwell.com or 704.491.3310 or email CharlotteBroker@icloud.com.
© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Charlotte NC STONECROFT Market Report MAY 2018