Charlotte’s Surging Real Estate Market to See Gains in the New Year!
According to the Charlotte Business Journal, home sales and closings will continue to climb (as the have been) in the New Year! According to the year-to-date numbers as of October for the Charlotte/Gastonia/Rock Hill metro area, residential real estate has maintained a healthy increase as compared with this same time frame in 2012. There has been a 27.7% increase in closings to 23,247 from 18,203. A 6.9% rise in the average sale price to $227,165 from $212,518 a year ago. An 8% rise in the median home sale price to 175,000 from $162,000. 107 is the cumulative number of days that it takes for a home to sell in the Charlotte MLS, down from 136 in in 2012. And last but not least, there has been a 12% increase in new listings to 34,765 from 31,033 last year. This data (AND GOOD NEWS) is courtesy of the Charlotte Regional Realtors Association.
Are you searching for a home for sale in SouthPark? Look at some of these great listings and give me a call if you see one you like!
Great SouthPark Location! Heavily wooded lot on cul-de-sac can be divided into two .433 acre lots, offered at $550,000 each. Purchase one or both! Subdivided site plan and house renderings of two proposed homes and floor plans are in listing photographs. City water and sewer available at the property. Seller financing offered at 5.75% APR simple interest with 10% down for 3 year term giving ample time to finalize your house plan. Subdivision is approved by Charlotte Unified Development Ordnance (UDO) contingent on the removal of the existing house. If purchaser desires one .433 acre lot, seller will retain ownership of the other lot reducing the listing price by $550,000 to $1,200,000 for house and lot. Call listing agent to discuss details on the subdivision process. Listing price of $1,750,000 for proposed home includes the entire property of .85+ acres. Home priced by Stratx Construction Company, Juan Plasencia ,President. Buyer is not restricted to building with any one builder.
| MLS#: | 4183410 |
| Price: | $1,750,000 |
| Square Footage: | 3480 |
| Bedrooms: | 4 |
| Bathrooms: | 4 |
| Acreage: | 0.85 |
| Year Built: | 2025 |
| Type: | Single Family Residence |
Based on information submitted to the MLS GRID as of 2024-11-23 06:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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