SouthPark Real Estate Market Report JULY 2019

SouthPark, that prestigious address that offers, not only wonderful proximity to everything Charlotte but, a lifestyle that is highly desirable. We are 12 minutes from Uptown and 12 minutes from Ballantyne (north and south) and the same 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.

A variety of housing styles fill the SouthPark community, ranging 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 theMorrison/Harris family. Read more about SouthPark neighborhoods here.

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

SouthPark home sales continue to trend upwards, demonstrating that our community remains a hot spot to land when moving to the area! 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  3.5 month supply, a strong sellers market.

New listings during the month of June were 1,935, fairly low inventory and very similar to the previous month.

There are currently 401 homes on the market.

Average sales price during the month of June was $502,103.

Average price per square foot during the month of June was $188.

List-to-sales price is at 96.2% in the SouthPark area.

There were 1,378 Closed homes in SouthPark during the month of June.

Average days on the market have increased slightly to 48 in SouthPark.

SEARCH ALL SOUTHPARK HOMES FOR SALE

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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!

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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!

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | SouthPark Market Report JULY 2019