South Park Real Estate Market Report - Mecklenburg County, North Carolina
South Park, North Carolina - Mecklenburg County

Market Commentary Provided by Donna Forrest Johnston

  Report Date   Fall 2009  
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Donna Forrest Johnston
Donna Forrest Johnston
RE/MAX Executive Realty
Charlotte, North Carolina
704-517-3925
christine@talkcharlotte.com
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RE/MAX  Executive Realty
  Nearest Metro Area  
  Buyers’ or Sellers’ Market   More sellers than buyers
  Average Time on Market   60-90 days
  Market Trend   Increasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $300,000 - View Graph Trend
  Best Selling Price Range  
  Worst Selling Price Range  
  Compared to Last Year   Down 0-5%
  Prices As % of Asking Price   95-100%
  Multiple Offers?   No
  Greatest Activity   Repeat Buyers
  Buyer Activity for the past 90 days in South Park is  
  Seller Activity for the past 90 days in South Park is  
  Is Financing Available For Qualified Buyers in South Park?  
  Existing Home Prices for the past 90 days are  
  What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?  
  Housing Hot Spots   Downtown Charlotte, Uptown Charlotte, Near the Panthers Stadium ,First Ward, Second Ward, Third Ward, Forth Ward, New Condo’s Uptown, NoDa, Plaza Midwood, Chantilly, Elizabeth, Eastover, Dilworth, Myers Park, Cherry, Foxcroft, South Park, Near the South Park Mall, Montibello, Kings Wood, Pellyn Wood, Pellyn Grove, Near Myers Park High School, Near Alexander Graham Middle School, Stonecrest, Stonecroft, Giverny, Piper Glen, Near the Big Pink Church, Near the Arboretum, Cotswald, Lansdowne,I nside Providence and 51, Matthews, Mint Hill, Pineville, Beverly Wood, Near Beverly woods elementary, Near ,Providence High School, Providence Plantation, Providence Downs, Near Weddington Schools, Hunter Oaks, Lake Wylie, Steel Creek, Palisades, The Sanctuary, The Vineyards, Berwyck, Candlewyck, Providence Springs, Carmel Country Club, Near Quail Hollow where Tiger Woods plays, Providence Country Club, Ballantyne Country Club, Quellin, Cameron Woods, Birkdale, Berkley, Ardrey, Carmel Road area, Inside 485, Outside 485 loop, Morrocroft, Phillips Place
  Reason to Buy/Sell   Good economic news
  Average Sold Price   $300,000 - View Graph Trend
 
       
       
  National Real Estate Market    
  National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...
     
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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