As we close out 2012, I am pleased to share my Providence Plantation Real Estate Market Report for 2012. Providence Plantation, one of South Charlotte’s most sought-after neighborhoods has rebounded from the real estate market crisis that impacted neighborhoods nationwide. My own anecdotal data from listing and selling homes in Providence Plantation reinforces my belief that homebuyers continue to seek the convenient and popular lifestyle available in the neighborhood. I had two listings this summer that went under contract in less than two weeks, and I had the highest sale in Providence Plantation in 4 years!
Providence Plantation Real Estate Market Report – Facts for 2012
The average sales price in Providence Plantation for 2012 was roughly $422,000, down .8% from 2011. If not for the last 2 months of the year (the typical slow real estate months) I think 2012 would have recorded a gain from 2011.
68 homes were sold in Providence Plantation in 2012, an increase of 2 homes from 2011
The average price per square foot was $114, up from $113 in 2011.
Sellers got an average of 95% of their asking price
Sales prices ranged from a low of $191,200 to a high of $986,500
The top selling months were May (4 homes), June (12), August (12) and October (9)
Average sales price was the highest in the month of August, at $486,011
Providence Plantation home prices have fallen to near 2005 levels (a lot better than many neighborhoods in Charlotte!)
Providence Plantation Real Estate Market Report – Forecast for 2013
I’m very excited about the real estate market for Providence Plantation in 2013. As of this writing in January of 2013, our inventory of homes for sale in the neighborhood is at an all-time low, at just 26 homes for sale. Once more homes are listed for sale in Providence Plantation during the hot spring real estate market, I anticipate that both the number of sales AND sales prices will go up. With an improving economy, and historically low mortgage interest rates that greatly increase a buyer’s purchasing power, more buyers can afford to live in Providence Plantation. Since the neighborhood enjoys some of the best public schools in Charlotte, a convenient location, an active swim and tennis club, and a thriving social scene and lifestyle (activities and clubs that bring the community together), I predict a ROBUST real estate market in Providence Plantation in 2013!
Providence Plantation Real Estate Market Report – Location
This walk-out basement beauty is not just a house; it's a lifestyle upgrade waiting to happen. Perfect for secondary living, game nights, or transforming into your very own media haven, the possibilities are endless. Picture yourself hosting epic cookouts and entertaining friends on the expansive deck, all while soaking in the serene views of the surrounding trees. With a spacious lot plus the bonus of an adjacent city-owned lot for the kids to roam, your backyard feels like your own private oasis. Step inside to discover open kitchen, adorned with sleek quartz countertops and a myriad of upgrades. Need a quiet space to work from home? The tranquil office room, offering views of nature to inspire productivity. Tucked away in the historic subdivision, you'll enjoy peace and privacy, w/ the option to join the prestigious Providence Plantation Racquet and Swim Club. Plus, with shopping, activities, and top-notch schools just moments away, this home truly offers the best of both worlds.
Welcome to your new home in the highly sought-after Providence Plantation! This charming property boasts a perfect blend of comfort and style. Inside you'll find hardwood floors that flow seamlessly throughout the main floor. The downstairs features a conveniently located office space, a spacious family room, and formal living room. Venture upstairs where all four spacious bedrooms await. Each bedroom offers ample space and natural light, providing comfortable accommodations for the entire family. The primary bath was remodeled in 2015. Additionally, a dedicated playroom. Situated on a spacious lot, this property offers plenty of outdoor space. The exterior boasts beautiful, original brick. Meticulously maintained and in great condition, the exterior radiates curb appeal and charm. Don't miss out on this perfect blend of modern living and timeless elegance - schedule your showing today!
Meticulously maintained home - lofty two story ceilings greet you as you enter and continue through the living and dining areas bathed in light. Stunning kitchen open to breakfast and great room is perfect for entertaining or a quiet night in enjoying dinner overlooking the woods on the back deck. Bedroom and beautifully renovated full bath on the main level. Upstairs the primary suite features a tray ceiling, reading nook and two closets; lovely bathroom with rimless shower door and relaxing tub. The bonus room is huge with a bar counter and room for fun. Basement features include a large living area, a bedroom and full bath, plus 807 sq ft of unfinished space that is partially framed into rooms. The back yard has been terraced into two large flat spaces and is fenced with irrigation; the woods are so peaceful. Providence Plantation Racquet & Swim Club available for extra charge. Award winning schools, will change to Jay M Robinson middle school.
One of a kind renovations showcased in this Providence Plantation home. Enjoy open floorplan living and effortless entertaining both indoors and outdoors. Gourmet bakers kitchen 2020 features custom solid cherry cabinets with lighted display, 36 Bertazzoni 5 burner dual fuel gas range and large island for family gatherings. A breakfast room and fireside great room soak in the natural light and backyard view. Walk-in pantry, dining room, office, laundry room and spacious primary suite complete the main level. Custom primary bath renovation 2021 includes soaking tub, frameless shower, dual vanity, water closet and large walk-in closet with built-in shelving. Three additional bedrooms upstairs with white tile, dual sink Jack-n-Jill bath. Bonus Room/5th bedroom features built-ins and additional storage. Head outdoors on the expanded deck to socialize and dine. Built-in serving bar with cabinets opens onto the backyard of this private .626 acre lot complete with fire pit and irrigation.
Beautiful home with welcoming front porch, formal LR and DR, Family Rm open to Kitchen and Breakfast. All BRs are up, Kitchen has white cabinetry with black appliances; Family Rm, Kitchen and Breakast have plantation shutters, Breakfast Rm has charming built-in bench with storage, and Kitchen has two pantries. Hardwood floors throughout main level. Great Screened Porch overlooking large fenced back yard with garden area. Upstairs provides large Primary Suite and BA with separate shower and garden tub, private water closet and good sized walk-in closet. Three secondary BRs all good size with great closets. Laundry closet is up, and there is a large walk in attic for storage. This is a wonderful house and a great opportunity to get into Providence Plantation at a fantastic price point. Don't delay - this one will not last.
If you’re looking for an experienced Realtor who REALLY knows Providence Plantation real estate to help you with buying or selling in the neighborhood, please give me a call. I’ve lived in Providence Plantation since 1998, and I focus my business on this and other South Charlotte neighborhoods. My three kids all attended the great public schools zoned for Providence Plantation – Providence Spring Elementary School, Crestdale Middle School, and Providence High School. Our whole family has thoroughly enjoyed our membership in the Providence Plantation Racquet and Swim Club. I’d love to hear how I can help you with your real estate needs, and I look forward to hearing from you! Call or text me at 704-654-9700, email me, and/or visit my website for more information and South Charlotte home searches!
Based on information submitted to the MLS GRID as of May 2, 2024 18:04. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.