Because of the top-ranked academic performance of Providence High School in South Charlotte NC, many home buyers and sellers are very interested in the Providence High School Charlotte NC real estate market! Providence High School is the top-ranked public high school in Charlotte NC in end-of-grade and end-of-course test scores, as well as SAT scores. These stellar test scores make the Providence High School zone in South Charlotte NC one of the most popular areas for families looking to buy a home for sale in South Charlotte NC. Not only does Providence High School do an outstanding job of preparing its students for college and beyond, but its consistent top ranking helps to maintain property values and to enhance the South Charlotte real estate market.
Providence High School Real Estate Market November 2011
The table below describes the Providence High School Charlotte NC Real Estate market in November 2011. The data shows that there is a current real estate market absorption rate of 6.78 months in the Providence High School zone. An absorption rate of 6 months is considered a balanced market between buyers and sellers. An absorption rate greater than 6 months is considered a buyers’ market; a rate less than 6 months is considered a sellers’ market.
The current real estate market absorption rate of 6.78 months in the Providence High School zone means that we now have an almost balanced market between buyers and sellers! This is great news for both buyers and sellers who want to buy or sell a home in the Providence High School zone in South Charlotte NC! The absorption rate for the last 3 months has changed only slightly from the rate over the last 6 months which covered the typical higher sales activity over the spring and summer months.
What Does Market Absorption Rate Mean for Buyers and Sellers?
If you are a home seller thinking about selling your home in the Providence High School zone in South Charlotte NC, your odds of selling your home are pretty good! Assuming that your home is priced competitively and in great condition, you have a better than average chance of selling your Providence High School zone home. If you are a home buyer looking to buy a home for sale in the Providence High School zone in South Charlotte NC, you still have a great opportunity to buy a home at a good value in one of South Charlotte’s most popular school zones. If you wait until the market absorption rate in the Providence High School zone falls below 6 months, you will be in a sellers’ market and sellers will have the upper hand!
A Great Time to Buy a Home Near Providence High School!
Now is the best time in 5 years to buy a home for sale in the Providence High School zone in South Charlotte NC! Not only have home prices fallen to 2006 levels, but mortgage interest rates remain at historic lows. Lower interest rates mean higher purchasing power; when mortgage interest rates go up, affordability will go down!
Providence High School Area Real Estate Specialist
Buying or selling real estate in the Providence High School area of South Charlotte NC is really about lifestyle choices – choosing the best school for your children, finding the best neighborhood, most suitable home, and best location to fit your family’s lifestyle. That’s why it’s important to partner with a Realtor® who really listens to your needs and goals and works tirelessly until you are completely satisfied. Whether you are thinking about selling your South Charlotte home, or would like to buy a home in the Providence High School area of South Charlotte, 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! All three of my children went to Providence High School! (Two are in college, and one is now in 10th grade). I can help you select the best South Charlotte public school for your children! 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