South Charlotte Real Estate Market Report- April Results Are In!
May 10th, 2008 Categories: Charlotte Community Reports, Charlotte Real Estate Market Reports
South Charlotte is A Strong Buyers Market
More than 2060 homes sold and closed in April of 2008 compared to 2,715 in 2007, a 24% drop with average cost per square foot falling 5% in April for the 14 county area of the Carolina MLS, as sellers moved their prices to meet buyer demand in this strong Buyers market.
I think we’ll see inventories peak at the end of this month
| Neighborhood | New Listings | Pending | Closed | Change in Inventory |
| Heydon Hall | 1 | 1 | 0 | 0 |
| Beverly Woods | 6 | 1 | 4 | 1 |
| Myers Park | 30 | 4 | 10 | 16 |
| Dilworth | 32 | 4 | 8 | 20 |
| Beverly Crest | 5 | 2 | 3 | 0 |
| Providence Plantation | 15 | 6 | 2 | 7 |
| Berkeley | 0 | 0 | 2 | -2 |
| Providence Country Club | 14 | 2 | 0 | 12 |
| Ballantyne Country Club | 24 | 5 | 4 | 15 |
| Willowmere | 6 | 1 | 1 | r |
| Cady Lake | 1 | 0 | 0 | 1 |
| The Palisadess | 6 | 6 | 2 | -2 |
I expect inventories to peak later this month. Sellers, if you don’t have to sell, why not wait? Buyers, call me today! 
Buying a home in Charlotte? Considering a move? Search All Charlotte Homes here, or call me direct at 704-351-1519
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