Southpark, Charlotte NC|A South Charlotte Real Estate Market Report|Homes Available and Prices Sold
November 29th, 2007 Categories: Buy A Charlotte Home, South Charlotte
Charlotte NC’s Southpark, the heart of South Charlotte
Southpark, just south of Myers Park, is the center of South Charlotte
and has long been considered Charlotte’s second downtown. It is now the 4th largest business district in the state, and home to the city’s best shopping, and some of the most magnificent homes in Charlotte. You will see from the Sold report below, this market is doing quite well!
Here is the Southpark Homes-for-Sale Market Report
There are, on the market today:
14 homes under $300,000
77 homes under $500,000, but more than $300,000
39 homes under $750,000, but more than $500,000
37 homes under $1,000,000, but more than $750,000
31 homes under $2,000,000, but more than $1,000,00
23 homes over $2,000,000– the highest? A $5.999M home, 11,279 sf on 4.7 acres
Now for sales information, SOLDS, based on the Sold Average Cost per Square Foot, 3month’s ending 10/30/07
Year Average Cost per SF SOLDS
2007 $197/sf
2006 $171/sf
2005 $158/sf
That yields a 3 year 25% appreciation rate. Very strong, and 2007 is running 16% ahead of 2006. Wow.
A couple of other recent articles about the terrific Charlotte real estate market by Forbes.com and ABC News 
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You can learn more about me at Terry McDonald Real Estate.com or visit my Online Relocation Guide with Terry’s video Intro to Charlotte
People interested in moving to Charlotte, investing in Charlotte, or buying in Charlotte, you deserve expert representation. Give me a call and a try out, and I’ll work every day to make you a raving fan. Terry McDonald
Call me direct at 704-351-1519, and I’ll see you in Charlotte!











[…] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptA couple of other recent articles about the terrific Charlotte real estate market by Forbes.com and ABC News Search MLS E MailTerry I have more great pictures at my Charlotte photo galleries: Uptown Dilworth, SouthPark, … […]
Encouraging market report for Southpark, Charlotte NC real estate! Looks like the market there is doing well with an appreciation rate climbing higher than last year. Another good post from a well informed Charlotte NC Realtor!
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Warmest regards,
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President, MCCCGC
Cell: 919-272-4461
www.carolinamarines.org