Providence Plantation I Search and view photos of all homes for sale in Providence Plantation Charlotte NC 28270
  • Home
  • About
  • Listology! - Sell
  • Private Listings
  • Social Proof
  • Let's Talk
  • Living Blog

Providence Plantation Living - the Blog.

Providence Plantation - May Market Stats

6/8/2017

0 Comments

 
The Charlotte housing market has been hot. Home sales have bounced back solidly and are now at their fourth highest pace over the past year. Demand has remained strong ­throughout spring as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?

Home sales in Providence Plantation have been moving swiftly and values are keeping pace with the Charlotte MSA as a whole. I just finished analyzing the last 30 days in the neighborhood and noticed that many homes are selling (quickly) and a number of homes sit on the market for well over the average DOM (days on market) As inventory bulks up for the summer selling season, competition is heating up among home sellers. Pricing your home correctly from the start is becoming more critical than ever. It's not a matter of just putting it on the market and crossing your fingers thinking buyers are going to flock to your new listing. 

If your house hasn’t sold, it could be the price.
If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below.
Picture
Bottom Line
The housing market is hot. If you are not seeing the results you want, It is MOST likely time to revisit the pricing conversation. LUCK WOULD HAVE IT - I have a pricing tool for neighbors to see their value with just three simple clicks. Check it out...... www.MyProvidencePlantationHomePrice.com 
0 Comments

    Author

    As a resident of Providence Plantation I look to provide fresh and relevant n'hood info.  -Scott Russo 

    Archives

    October 2019
    June 2019
    September 2018
    July 2018
    June 2018
    May 2018
    March 2018
    November 2017
    September 2017
    August 2017
    June 2017
    May 2017
    April 2017
    February 2017
    January 2017
    October 2016
    May 2016
    March 2016
    January 2016
    October 2015
    July 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014

    Categories

    All
    Dog Found
    Let's Sell It!
    Living
    Neighborhood Fun
    Other Hot Neighborhoods
    Providence Plantation
    Providence Plantation Market Stats
    Providence Plantation News
    Schools Around Providence Plantation
    Style
    Things To Do In Charlotte
    Waverly
    Waverly Living
    What's Shaking

    RSS Feed

A free and reliable service provided by your neighbor, SPS® Strategic Pricing Specialist - Scott Russo 
Local - Connected - Real Estate 
  • Home
  • About
  • Listology! - Sell
  • Private Listings
  • Social Proof
  • Let's Talk
  • Living Blog