Charlotte Homes For Sale Under $350000 University City Area
April 20th, 2009 Categories: Buy A Charlotte Home, Charlotte First Time Home Buyers, South Charlotte, University City
One of Charlotte’s most popular areas to live and work is the area known as University City- First time home buyers, move up buyers like the convenience in this area north and east of Uptown Charlotte around the beautiful and growing campus at University of North Carolina at Charlotte. This is another of our Charlotte Homes for sale, homes sold reports.
University City Homes for Sale
There are 76 homes for sale for under $175,000, but more than $100K- median price is 140K on aabout 1650 sf, or median prices $85/sf- ranging to over $100
There are 50 homes for sale for under $250,000, but more than $175K- median prices of $215kon about 2500 sf, or 86/sf, raning agian to slightly over $100 for new and best
There are 23 homes for sale under $350,000, but more than 250, with median prices of $296K on about 3200 sf, or 93/sf, as most of these are luxury homes in communities with more amenities.
University City Homes Sold
There were 41 homes sold in the University City area since January 1, with a median cost per sf just under $70.
Obviously, It remains a strong buyers market for single family homes here. Sales to date- from a seasonally very slow time of year, don’t translate well for those interested in absorption rates, but this months- April- results will be telling. It is till possible to see some winners and losers so far, I’ll start with the winners.
Ranch homes for one- the are all among the highest cost per sf, they are keeping their value better, selling between 86 and $160/sf.
Subdivisions?
Mallard Woods had 3 sales, ranging from $86/sf and up
Huntington Ridge 3 sales $131-$162/sf (ranches)
Leslie Farms $98-102
Subdivisions that lost ground include Withrow Downs with 5 visible foreclosures, Mallard Lakes a couple of foreclosures–in both cases foreclosures brought the median prices down in the $40’s
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Skilled Buyer Agents with Smart Buyers make great deals happen! We provide detailed analysis prior to all offers, and take a lot of the guess work out. Plus, we know where the steals and deals are! The McDonald Team 704-351-1519
Related posts
Fort Mill Homes Under $250,000
University City Townhomes-1st Quarter Results, Market Report
First Time Buyers- A Charlotte Stimulus worth $9000Â from the McDonald Team-
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South Charlotte| Beverly Crest, Homes For Sale, Homes Sold 1st Qtr
April 5th, 2009 Categories: Buy A Charlotte Home, Sell a Home in Charlotte, South Charlotte
Popular Beverly Crest sits just inside Pineville-Matthews Road, in zip code 28270, diagonally to the Arboretum, just off Providence Road. Blue Chip Charlotte real estate!
This Saussy Burbank community is rich in amenities with a terrific swimming pool and clubhouse, tennis, basketball courts, a very large pond with paved path around- and ducks!, fishing, walking paths, bike lanes and more. Arts and crafts homes, Charleston style homes and one a bit more traditional styled neighborhoods combine for a terrific community, just 20-30 minutes to Uptown Charlotte, 10 minutes from Southpark. First a few pictures, then the real estate market report.
Schools are: Elizabeth Lane Elementary, South Charlotte Middle and Providence High School (walking distance)
Our last 2 Listings here sold in 32 days and 95 days respectively! Call us if you want the most read source on the net advertising your listing. 704-351-1519 We love BC!
Beverly Crest: Homes Sold and Homes for Sale- April 2009
Beverly Crest Homes Sold in the First Quarter 2009
| Type | Total Bedrooms | Total Baths | Street Name | HLA | Listing Date | List Price | Sales Price | Cost/sf | %Sales/List |
| 2 Story | 4 | 3 | Chameroy | 2960 | 01/10/2008 | 299900 | 278000 | 93.92 | 92.7 |
| 2 Story | 4 | 3 | Mirow | 3051 | 02/09/2008 | 349999 | 335000 | 109.8 | 95.71 |
| 2 Story | 4 | 3 | Stargard | 2090 | 09/08/2008 | 265000 | 245000 | 117.22 | 92.45 |
| 2 Story | 4 | 3 | Saintfield | 2761 | 12/18/2008 | 374500 | 369000 | 133.65 | 98.53 |
| 2 Story | 4 | 3 | Treyford | 2480 | 08/20/2008 | 384900 | 378000 | 152.42 | 98.21 |
A few notes- the median cost per square foot was $117, with a range from $94/sf on a lot challenged home, to $152 per sf, on a very nice home indeed. These prices are above 2005 levels, not quite 2006 averages, so there are good bargains on this blue chip neighborhood. The number of units sold is 1/3 below 2008, but in the “normal range” from the last 5 years which lowest 1st quarter was 4 sales and highest was 9. There were 7 Homes Under contract at the beginning of April- not bad versus the 21 available below
The McDonald Team offers a $1500 Lowe’s gift card to any unrepresented buyer (no signed buyer agency agreement) interested in a Beverly Crest home who closes by May 31, 2009… think of it as our own personal stimulus plan, only with the McDonald Team.
Beverly Crest: Homes For Sale, April 5, 21 Homes for Sale in total
There are 5 homes for sale under $300,000
There are 6 homes for sale under $350,000, but more than $300K
There are 5 homes for sale under $400,000, but more than $350K
There are 4 homes for sale for More than $450,000.
Like to see the homes in detail, here is that link to Beverly Crest Homes For Sale. I’m expecting a big year in Beverly Crest as the community retains its high quality features, and prices are the most attractive in years.
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Skilled Buyer Agents make great deals happen… we will save you time, and in almost every case, money!
New to Charlotte? See the #1 Video on You Tube for Charlotte NC
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Providence Plantation South Charlotte-First Quarter Results
March 30th, 2009 Categories: Buy A Charlotte Home, Community Reports, South Charlotte
Homes Sold, Homes for Sale in Popular Providence Plantation
Providence Plantation is a large popular subdivision off Providence Road, near the Arboretum. Old trees, rolling hills, and well regarded schools make the Plantation a popular address for those working from Ballantyne to Southpark to Uptown Charlotte. Those of you who follow me, know I like Providence Plantation. It isn’t as structured as some, but flows easily and with the comfort of a good pair of jeans. 
Though inventories remain high, they had a strong first quarter. Sales are arranged by date, and there will be a few more for March that aren’t yet posted. Still you can see the wide range of sales prices, in the right hand column–the average is $115, but the range is from 89 to 185/sf.
| Type | BR | BA | HB | Street # | Street Name | HLA | Sold Date | List Price | Sales Price | %Sales /List | $/SF | |
| 2 Story | 5 | 3 | 1 | 2709 | Providence Spring | 2828 | 01/28/2009 | 350000 | 328500 | 93.86 | 116.16 | |
| 2 Story | 5 | 3 | 1 | 3501 | Brushy | 3211 | 02/12/2009 | 322900 | 285500 | 88.42 | 88.91 | |
| 2 Story | 4 | 4 | 1 | 3973 | High Ridge | 4155 | 02/23/2009 | 799000 | 759900 | 95.11 | 182.89 | |
| 2 Story / Basement | 5 | 4 | 1 | 3246 | Planters Ridge | 4134 | 02/24/2009 | 399900 | 392000 | 98.02 | 94.82 | |
| 2 Story | 5 | 4 | 1 | 2321 | Corrine | 3425 | 03/02/2009 | 379900 | 379900 | 100 | 110.92 | |
| 2 Story | 4 | 5 | 1 | 5533 | Meadow Haven | 4435 | 03/06/2009 | 850000 | 822500 | 96.76 | 185.46 | |
| 2 Story | 4 | 3 | 1 | 2943 | Providence Trail | 3172 | 03/24/2009 | 390000 | 365000 | 93.59 | 115.07 | |
| Average | 115.61 |
This is because there are many new or newer homes- and a number of homes built in the 70’s. Most likely, the 84 /sf is a home that needs remodelling. There are also luxury homes that wold account of the homes priced in the 180’s/sf.
Here are the homes for sale, a total of 62.
| Avg | 3500 – 4200 | 4 | 3 | 0 | $530,786.00 | $0.00 | 121 | Avg $/sf
$136.98 |
The key to pricing the homes here is discovering which class and condition of the home- something we are good at.
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Learn more about Charlotte and my team at the #1 video on You Tube for Charlotte NC, our fact-filled Introduction to Charlotte and Charlotte Real Estate. Or you may want to search for Charlotte Real Estate, the link takes you to my personal easy to use Charlotte website.
Search for Providence Plantation homes for Sale in 28270 Now. Nearby homes included.
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Charlotte NC: The Healthiest Housing Markets for 2009 Charlotte 13th
February 19th, 2009 Categories: About Charlotte, Buy A Charlotte Home, Charlotte Homes for Sale, Lake Norman Real Estate, South Charlotte, Union County, University City, mortgages
from Builder Magazine, about Charlotte NC. Things are tough here too, but we are buying and selling homes! It is of course a strong buyers market.
Builder, in conjunction with Hanley Wood Market Intelligence, debuts its metric for determining markets with the best and least potential.
by
Boyce Thompson
With most economists and builders expecting a national market decline this year, this may not seem like the best time to be selecting the “healthiest” markets in the country. Virtually every market was down last year. But a close look at the numbers reveals that some markets have way outperformed others during the last four years and are likely to continue to do so this year.
13. Charlotte, N.C.
2008 total building permits: 12,231
People and businesses must love Charlotte, because they are moving there at a high rate. The metro area of 1.74 million has grown its residents by 4 percent annually over the last five years, one of the highest rates in the country. They are drawn by relatively affordable housing for the east coast—median home prices are only $210,900, and they’ve only “corrected” downward by only 4.2 percent in the last year. A strong fourth quarter helped Charlotte record 12,231 permits last year, only a 44 percent decline since 2005. Charlotte’s strength relative to other markets led the investment banking firm UBS to predict last year that it would be one of the first markets to recover from the housing downturn. Charlotte is still a single-family market, with 62 percent of the residential activity in stand-alone homes. The job market in this banking hub contracted last year, after growing 3 to 5 percent annually the previous three years
When the housing market stages its official recovery, the markets listed on the following pages are likely to lead the parade. …The healthiest markets have many things in common. Most of them are great places to live… Most of them didn’t have a huge run-up in prices during the boom and aren’t experiencing rampant deflation during the bust.
To compile these lists, we analyzed the top 75 housing markets in the country. We ranked them based on population trends and job growth, perennial drivers of housing demand. We also examined what’s happened with home prices; many of the healthiest markets have managed to hold the line on home values. And finally, we considered the rate building permits, which may be the single best ongoing indicator of builder confidence in a market.
Builder Magazine,the full story
Most of the cities in the top ten are in Texas, and other similar markets that didn’t have th high run up in pricres found in Flordia, California, Nevada and Arizona. My 2009 Charlotte Real Estate Market forecast
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Moving to the Charlotte Area? South Charlotte, Waxhaw, Lake Norman, Fort Mill Perhaps? Your first Charlotte home?
I am a Charlotte real estate broker specializing in relocations, 2nd homes and first time home buyers–buying and selling
real estate of all kinds- and will represent only you. My team works with Buyers and Sellers every day from Ballantyne to Lake Norman -and Fort Mill SC too. We work with all relocation companies. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not, and where the deals are. I represented Buyers in the largest foreclosure sale in Charlotte in 2008. And I helped a handful of first time home buyers. I was the Top Agent in 2008 in our 800 + Agent firm, and won an award for customer satisfaction in 2008. We are flexible and at your service.
We are working to help you “buy smart” in Charlotte, and to make your relocation easier and less stressful.
If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry
Charlotte NC Charlotte Relocation Guide Charlotte Real Estate Charlotte Luxury Homes
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Charlotte Homes For Sale 28277 Ballantyne Arboretum Country Clubs and More
December 23rd, 2008 Categories: Buy A Charlotte Home, South Charlotte
South Charlotte, About Zip Code 28277
 A Deep- Market Homes for Sale Report
Charlotte NC  Zip Code 28277 is one of Charlotte’s wealthiest zip codes, with more families earning over $75,000 than any Charlotte zipcode. Home to 4 country clubs, Ballantyne the popular new town at Rt521 and Rt 485, to the Arboretum area found at the corner of Pineville-Mathhews Road and Providence Road, 28277 is quintessential south Charlotte. TPC Piper Glen is here, Providence Country Club, Raintree, Ballantyne Country Club and also well-regarded Providence High Schol and Ardrey Kell High and the many fine middle and elementaries that feed these two prominent high schools.
28277 is a full of growing businesses, everything from the regional Liberty Mutual office to LendingTree.com, and the local and growing ESPN regional office.
If you check the details- the most detailed Charlotte home for sale analysis available anywhere-
You’ll get a good understanding of the demographics, how people live, and see the relative “affordability” of homes here too… making 28777 one of the most dynamic zip codes in all of Charlotte, NC.
 Charlotte Homes For Sale Report 28277
There are 2 homes for sale in 28277 for under $175,000
There are 78 homes for sale for under $250,000, but more than 175K- Median $218,000 on about 1900 sf
of these,
55 have two car garages,
30 have community pools,
31 built before 1990, and 4 since 2005
There are 126 home s for sale for under $350,000, but more than 250K- Median $303K on about 2600 sf
Of these, 61 homes have community pools, 41 with pool AND clubhouse,
no “over 55″ community,
32 are new or newer, built since 2005,
35 with master bedrooms on the main
There are 38 homes for sale for under $500,000, but more than 350K Median $430K on about 3200 sf
Of these 19 have community pools,
20 are built since 2005,
6 are in golf course communities
There are 85 homes for sale for under $700,000, but more tha 500K Median is $596K on aout 3900 sf
of these,
38 homes are in golf course communities,
14 homes new or newer, built since 2005,
46 homes with master bedroom on the main,
26 homes with greater than .5 acres
41 homes over 4000 sf.
There are 36 homes for sale for under $1M, but over 700K- Median $836K on about 4500 sf
Of these,
24 homes have the master bedroom on the main floor,
24 homes in golf course communities,
11 homes on the golf course,
only 4 built since 2005
There are 36 homes for Sale for Over $1MÂ Median $1,986K, on about 7000 Sf
Of these,
27 are in golf course communities,
15 on golf course,
4 built since 2005
Year to year, the homes sold numbers for 28277? Not too bad at all. Comparing Septemer through December 20, in 2008, there were 176 homes sold, versus 325 homes sold in the same period in 2007. Sales down by half, or almost half. Home Prices? The median cost per sf fell just 2.2% to $129.00- testament to the strength of the underlying values of south Charlotte in general, zip code 28277 in particular in the face of a very slow market indeed…
All data is derived from the Carolina MLS. No reporting is done for Days On Market because this stat is unreliable in the aggregate. Approximate sq foot numbers are based on local MLS reporting standards. For Sold home analysis, square foot is exact. Photos are thumbnails, click to enlarge.
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Moving to the Charlotte Area? South Charlotte, Waxhaw, Fort Mill Perhaps? Your first Charlotte home?
I am a Charlotte real estate broker specializing in relocations, 2nd homes and first time home buyers–buying and selling real estate of all kinds- and will represent only you. My team works with Buyers and Sellers every day from Ballantyne to Lake Norman -and Fort Mill SC too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not, and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser. We are working to make your relocation to the Charlotte area easier, less stressful and help you “buy smart.”
If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry
Related Links
Charlotte Homes For Sale- Map & Community Based, over 20,000 properties for sale!
Fort Mill- First Time Home Buyer Report (maps included!)Fort Mill Homes For Sale- Deep Market Report
Charlotte NC Homes Best Value Under 500K
Fix Housing First-a Housing Stimulus plan of the NAHB
Housing Stimulus by The NAR Proposal for the 2009 housing stimulus by the National Association of Realtors
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Myers Park Homes Over $1M- A Custom Home Market Report Charlotte NC
October 31st, 2008 Categories: Charlotte Homes for Sale, South Charlotte
| Quick Search Charlotte Homes | Charlotte Condos and Townhomes |
| Quick Search Luxury Homes | Luxury Condos and Townhomes |
| Quick Search Fort Mill Homes | Fort Mill Townhouses Condos |
The $1M Luxury Home Market in Myers Park-
Sales Down, But Prices UP Though 3 Quarters
If you are looking for a luxury custom home, very near Uptown Charlotte NC, the main hospitals, Southpark, then Myers Park will be on your short list. The photos on the left are of Queens Blvd. West, probably Charlotte’s most beautiful street, certainly its most prestigious address. Myers Park was laid out early in the 20th century, and was Charlotte’s first “suburb” past the commuter village of Dilworth. 80-100 year old trees are the norm here, as are wide and windy streets, over a contoured landscape. Charlotte is in the foothills of the mountains with gentle rolling hills throughout most of the area, and in Myers Park the gentle hills add to the landscape . See my well received video on the right for a quick tour.
a very cool Sanctuary update
See a luxury Home in the Sanctuary
Myers Park has been being renovated, for the “n” th time, in the last decade. There are quite a few new homes- they are either teardowns or infill- but Myers Park is and has been the most popular address for Charlotte elites for many years. It is clearly the #1 community in Charlotte for over $1M home sales. Last Week, The Sanctuary “won” the first 3 quarters – for New Homes sales for Over $1M Sales in a New Home community in Charlotte, but Myers Park still had 50% more sales over 1M through the first 3 quarters of 2008.
Charlotte Homes For Sale Report- Myers Park
In 2008, through 9/30/08, the Myers Park area had 21 homes sell, down 38% from 2007, for more than $1Million. The median Sold price of $1,714,547 was virtually unchanged from 2007, however the average Cost per Square Foot of the Sold price 
was UP 3.7% over 2007.
Now that is a steady market! Sales off by nearly 40%, averages Sold Cost Per Square Foot is Up 3.7%! Blue Chip all the way.
So how do the sales work in Myers Park? How are the Days on Market (DOM) affected by the slow market? Let me give you a few examples that I think show the range and tell the story.
A home at 1830 Queens Rd W, 4342 sf, was Listed at $1,395,000 and Sold at $1,350,000 in 43 days in this summer- about $310/sf– a great address, great lot, but in need of upfitting, because the first floor had only 8′ ceilings.
A block or so down the street, 1756 Queens Road W, 6,559 square feet was Listed at $3,095,000 and sold at $2,600,000 or $396/sf in 136 days.
The median Cost per Square foot of all Myers Park area Solds, through 3 quarters is $334.00, reflecting a range based on street location, level of updates and general appeal. Exact range details and other research is available to our clients.
So if you are a luxury custom home buyer, and want space, a retreat like area at or on the lake, you might choose the Sanctuary, where $300/sf buys both land and a great house. If you want a convenient intown address, it is probably Myers Park, or its equally beautiful smaller neighbor Eastover, but top of the line will run closer to $400.sf.
Myers Park and Eastover Pictures (Over 50)
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Moving to Charlotte? Your first Charlotte home?
Have a home buying or home selling questions? I am a Charlotte real estate broker specializing in relocations, 2nd homes–buying and selling real estate of all kinds- and will represent only you. We work with Buyers and Sellers every day in Myers Park, Southpark, Matthews and Huntersville, Lake Norman, Waxhaw and Lake Wylie too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser.
If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry
Related Links (check the categories on left for more)
Charlotte Homes For Sale- Map & Community Based, over 20,000 properties for sale!
Charlotte NC Homes Best Value Under 500K
New Luxury Homes Over $1M- The Sanctuary Leads after 3 quarters
Charlotte North Carolina Real Estate- More Good Years Ahead
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Townhomes in South Charlotte- A Market Report
October 29th, 2008 Categories: Buy A Charlotte Home, Community Reports, South Charlotte
A TownHome Homes For Sale Report, South Charlotte, Zip Codes 28270, 28277, 28226
Charlotte NCÂ Â Townhomes fill an important niche market in Charlotte, singles, couples and couples with children often start in a townhouse with the idea of moving up, or a retiree or family close to retirement may regard the the idea as a perfect fit between lifestyle (no maintenance) and having their own place. A few years ago, townhomes were fairly rare in the Queen City, you will see that has changed, particulalary in the under $350,000 price range. Have a look at report results below:
South Charlotte Town House and Condo Report
| Price Range | # For | Avg List | # Sold | Avg Sold | inventory | Sale |
| Sale | Price | Last90 Days | Price | to List % | ||
| Townhomes Under $200,000 | 96 | 180250 | 25 | 167192 | 12 mo | 92.76 |
| Townhomes for Sale 200-350K | 88 | 247638 | 23 | 229555 | 12 mo | 92.7 |
| Townhomes for Sale 350-500K | 14 | 399071 | 3 | 425966 | 13mo | 106.74 |
| Townhomes for Sale over 500k | 10 | 754360 | 0 | na | na | na |
So, inventory is running high in the under 350K category, I think there are great buys in there. Then the relatively small number of townhomes for sale under $500,000, are slow selling but at obviously very good prices. Have a look at what $384,900 buys in this south Charlotte townhome, the best in south Charlotte.
These pictures are from a townhome for sale at 7908 Greenview Terrace, in zip code 28277, want to see more?
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Moving to Charlotte? Your first Charlotte home?
Have a home buying or home selling questions? I am a Charlotte real estate broker specializing in relocations, 2nd homes–buying and selling real estate of all kinds- and will represent only you. We work with Buyers and Sellers every day in Myers Park, Southpark, Matthews and Huntersville, Lake Norman, Waxhaw and Lake Wylie too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser.
If you still haven’t figured out where you might want to live in Charlotte, you may compare area Charlotte home prices and communities, from our MLS based home search below. If you haven’t already, try my my fact-filled and well received Introduction to Charlotte NC Video (over 9000 You Tube views) and don’t miss the FAQ videos-answering the Big Question- Where to live in Charlote, or where to look for a luxury home in Charlotte? (in the right column just under the Introduction to Charlotte Video Screen)
If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry
Related Links (check the categories on left for more)
Charlotte Homes For Sale- Map & Community Based, over 20,000 properties for sale!
Charlotte NC Homes Best Value Under 500K
New Luxury Homes Over $1M- The Sanctuary Leads after 3 quarters
Charlotte North Carolina Real Estate- More Good Years Ahead
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