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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