South Charlotte Real Estate Market Report, October|28277,28270,28226
November 6th, 2007 Categories: Buy A Charlotte Home, South Charlotte
Home prices rose in South Charlotte NC communities- popular Charlotte suburban market remains strong!
This Market Report addresses the outer zip codes, 28270, 28277, and 28226. Close- In South Charlotte- MyersPark, Dilworth and Southpark- will be posted later this week. See some of these great South Charlotte neighborhoods in the zip codes reported that include Providence Plantation, Beverly Crest, Providence Country Club, Ballantyne.
Prices Rose 5.35 % on homes sold in October
in these three zip codes, as measured by the Average Cost per Square Foot of homes sold in October 2007 vs Average cpsf of sold homes in October 2006- well above the city wide growth of under .5%.
The units sold, declined 18% just below the City wide average.
South Charlotte remains the “gold standard” in Charlotte real estate.
* I use a larger area to describe South Charlotte on my photo sites and elsewhere. This market report only works accurately describing specific zip codes. All figures are calculated by me, derived from Carolina MLS data. I’ll cover all 6 of the areas my blog covers in the coming days.
See pictures here at my smugmug galleries: The Palisades, Ballantyne Country Club, Myers Park, SouthPark, High Gate
Terry, it’s great to hear good news occasionally about real estate markets that are experiencing growth! The media loves to paint the real estate industry with a broad brush. What we know is that real estate is very local. I too live in a strong market with home values on the rise!