If you’re looking for one of South Charlotte’s most exclusive neighborhoods, then look no farther than desirable Foxcroft neighborhood. With an incredibly close-in location near the posh Southpark Mall, luxury homes on large, well-manicured lawns, and the cache of having one of the highest price-per-square foot averages in Charlotte, Foxcroft has been the choice for discriminating South Charlotte buyers for decades.
Foxcroft Neighborhood Location
Located between Sharon Road, Providence Road, Fairview Road and Sharon Lane, the Foxcroft neighborhood is just 15 minutes from Uptown Charlotte, and just 5 minutes to Southpark Mall and Phillips Place, where you’ll find exclusive shopping and exquisite dining choices. Once you’re in the heart of the Foxcroft neighborhood, you’ll soon forget that you are near one of Charlotte’s largest office and retail areas – Southpark. There is no doubt that this prime location is driving the Foxcroft luxury home real estate market.
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History of Foxcroft in Charlotte NC
Foxcroft is part of an area that was a former dairy farm owned by the Harris family. The neighborhood was developed in the 1940′s, and it is common to see major renovations in these expansive, luxury homes. You will also find in-fill homes in Foxcroft, where owners have re-built homes on existing lots, or gone through tear downs and retrofits. The stunning architecture in Foxcroft is quite diverse – you’ll find traditional 2-story homes as well as large ranch style homes boasting over 5,000 SF! Foxcroft offers luxury homes for sale for discriminating Charlotte buyers!
Foxcroft Neighborhood Real Estate Market
As the chart below shows, home values in the Foxcroft neighborhood in South Charlotte NC have reverted back to 2005/2006 prices, which is far better than the Charlotte market as a whole, which has reverted back to 2002/2003 prices. After a significant 67% spike in 2007 to an average sales price of $1,714,408, the Foxcroft real estate market dropped 12.5% in 2008, 18.6% in 2009, and another 21% in 2011, before creeping up 2% in 2011. So… during the housing market decline of 2008 – 2010, the Foxcroft neighborhood lost a good portion of it’s 67% gain in 2007 – but not all of the gain!
Currently there are 14 homes for sale in Foxcroft in South Charlotte, NC, ranging from $450,000 to $2,750,000. The average list price is $1,401,714; the median list price is $1,197,500. Nine Foxcroft homes are currently under contract, ranging from $520,000 to $1,399,000.
Foxcroft Neighborhood Schools
The Foxcroft neighborhood is zoned for some of Charlotte’s best public schools. Here are links to these schools:
Foxcroft Neighborhood Real Estate Expert
Buying or selling real estate in South Charlotte NC is really about lifestyle choices – finding the best neighborhood, home, school, and location to fit your family’s lifestyle. That’s why it’s important to partner with a Realtor® who will really listen to your needs and goals and who will work tirelessly until your transaction is complete and beyond. Whether you are thinking about selling your Foxcroft home, or would like to buy a home in the prestigious Foxcroft neighborhood, I look forward to showing you why I’m not your ordinary Realtor! I use cutting-edge technology to market my listings and to attract home buyers who want that South Charlotte lifestyle!
Let me put my knowledge and experience to work for YOU! For more information on how I can best serve you, please fill out the online contact form or call, text, or email me.Melissa Brown, ABR, SFR Helen Adams Realty 704-654-9700 Melissa@MelissaBrownHomes.com