Providence Plantation NC Real Estate Market – September 2012

Providence Plantation NC real estate market,Providence Plantation absorption rate,real estate market absorption rate,Providence Plantation neighborhood in South Charlotte, NC

At the end of the 3rd quarter of 2012, the Providence Plantation NC real estate market has gone from a buyers market to a sellers market.  Just a year ago, Providence Plantation neighborhood in South Charlotte NC was a buyers market, with an absorption rate of 7.5 months.  Now, at the end of September 2012, the absorption rate is a robust 5.32 months, meaning this popular neighborhood is now in a sellers market.

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Providence Plantation NC Real Estate Market – Just What is “Absorption Rate?”

Absorption rate is an important real estate term that describes housing inventory.  The absorption rate tells us how many months it would take to sell off all of the existing inventory (homes currently for sale) at the current rate of sales, and assuming no new homes come on the market.  Providence Plantation’s current absorption rate of 5.32 months means that at the current rate of home sales in the neighborhood, it would take just over 5 months to sell all of the homes on the market.  A balanced real estate market between buyers and sellers is 6 months. An absorption rate over 6 months means it’s a buyers market, and an absorption rate under 6 months is considered a sellers market.

Providence Plantation NC Real Estate Market Absorption Rate

Providence Plantation real estate market,Providence Plantation absorption rate,real estate market absorption rate,Providence Plantation in South Charlotte, NC, homes for sale in Providence Plantation,sellers market in South Charlotte, buyers market,

Why is the Absorption Rate Important?

For buyers, it is important to know the market absorption rate of a given area (neighborhood, school zone, zip code, or city) because if it is a buyers market, the buyer has more negotiating power because there’s more inventory available.  Sellers are competing for buyers and offers, which drives housing prices lower.

For sellers, the absorption rate reveals how long, on average, it will take to sell their home.  In a sellers market, there is less inventory, so buyers have less to choose from.  Homes that are in great condition can expect to get LOTS of activity, and possibly even multiple offers and a bidding war.  I have seen lots of multiple offers in South Charlotte since the spring – the real estate market in South Charlotte is definitely on the upswing!

Providence Plantation NC Real Estate Market Expert

If you are looking to buy or sell a home in Providence Plantation, I would be happy to meet with you to discuss your plans.  I have lived in Providence Plantation since 1998, and I’m proud to call this great neighborhood home!  I’ve listed and sold lots of homes in Providence Plantation, and I have a very successful marketing plan to get homes SOLD!  If you’ve read this blog post this far, you’re interested in Providence Plantation!  Let me show you around!

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Providence Plantation is one of South Charlotte’s most popular neighborhoods because of its beautiful homes, large lots, top-ranked public schools, and fantastic and friendly lifestyle!    This neighborhood is zoned for Providence Spring Elementary School, Crestdale Middle School, and Providence High School.   Residents enjoy a great location close to shopping, restaurants and sports and recreation activities, especially our own Providence Plantation Racquet and Swim Club.  So call today and let’s see how I can help YOU!

South Charlotte Real Estate Expert

South Charlotte NC is definitely a popular destination for people moving into the area.  You’ll find beautiful neighborhoods like Providence Plantation, and a thriving shopping, dining and recreation scene.  Some of Charlotte’s best public schools are located in South Charlotte!

I’m a South Charlotte Realtor® – I have lived in Providence Plantation since 1998, and it would be my pleasure to show you around Providence Plantation or other South Charlotte neighborhoods..  If you are thinking about selling your South Charlotte homeI would love to share my 21-point marketing plan that combines new technology with good old hard work!  If you’re looking to buy a home in South Charlotteplease contact me so we can talk about finding the best home and neighborhood for YOU!

Come have a chat with me at our brand new Savvy + Co. Real Estate office in the heart of Ballantyne Village.  You’ll soon find out why Savvy just “gets it!”  We combine smart real estate with nice people, and what you get is an AWESOME real estate experience!  I look forward to hearing from you!

Melissa Brown, Broker/Realtor®
704-654-9700 (cell)
Melissa@MelissaBrownHomes.com
Savvy + Co. Real Estate
14825 Ballantyne Village Way, Suite 165
Charlotte, NC  28277

Providence Plantation NC Real Estate Location

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2932 High Ridge Road Charlotte, NC 28270

$685,000
4 Beds
3.5 Baths
4,279 SqFt
Status Active
MLS # 3532543
Property Type Single Family
Price Type --
Most luxurious yet livable two-story brick home in Providence Plantation. Recently updated kitchen with granite. 2 master bedrooms, one up one down. 3 custom built fireplaces: one in downstairs master bedroom, one in great room, one in family room. Exquisite details abound: dental molding, wainscoting & tray ceilings.15 foot ceilings in foyer and great room. 9 foot ceilings in other rooms. Backyard is a private paradise with formal gardens, fountain, 2 pergolas, a gazebo,deck and patio areas. Sprinkler system and manicured lawn. Great home for entertaining.

5504 Meadow Haven Lane Charlotte, NC 28270

$625,000 - 4Br/4Ba -  for Sale in Providence Plantation, Charlotte
Open House
$625,000
4 Beds
3.5 Baths
3,210 SqFt
Status Active
MLS # 3550994
Property Type Single Family
Price Type --
Lovely Harry Grimmer built home on one of the prettiest streets in Providence Plantation. On nearly an acre, this lot is beautifully treed and full of possibilities. Custom features throughout, 9 ft ceilings, heavy moldings, open plan, lovely built-ins. Hardwoods throughout main level except for master (new carpet). Fireplaces in great room and den/study with gas logs but can burn wood. Kitchen features stainless appliances, gas cooktop, double ovens, warming drawer, perfect for the gourmet cook! Master on main with sitting area and view of private backyard. Large master bath with dual vanities, frameless glass shower, jetted tub and laundry chute. Custom shutters, central vac, sound, irrigation and security systems. Main level laundry room w/built in cabinets - washer/dryer conveys. Upstairs 3 bedrooms and 2 baths loft plus with built-ins. Walk-in attic with abundant storage. Oversized, attached 2-car garage. Convenient to Arboretum, Waverly, Stonecrest and I-485. Home warranty!

2517 Rosegate Lane Charlotte, NC 28270

$579,000
4 Beds
3 Baths
3,562 SqFt
Status Active
MLS # 3511836
Property Type Single Family
Price Type --
Fantastic open floor plan with unbelievable space. One level living with spiral staircase that leads to a loft/library. Formal Dining Room and Great Room are open to each other and the Sunroom This home is flooded with natural light. Huge Kitchen with tremendous island, SS appliances, granite countertops, double oven, wine cooler. Hardwood floors through main level. Large Bonus Room with murphy bed and built-in bar area. Bedroom wing of the home has Master BR suite and three large secondary BRs. Beautiful, large back yard is fenced and level. Large storage building to match house to remain.

3501 Plantation Road Charlotte, NC 28270

$574,900
5 Beds
4 Baths
3,738 SqFt
Status Active
MLS # 3532260
Property Type Single Family
Price Type --
Beautiful SOUTH CHARLOTTE location!! Sought after Providence Plantation. This home looks like it's straight out of Southern Living Magazine. Don't miss this CUSTOM FULL BRICK HOME 2 story w/basement home loaded w extras. Large kitchen w/white painted cabinets w/granite countertops, black center island w/granite, eat in kitchen over looking amazing backyard. Beautiful upgraded lighting. Kitchen w/home management built-in desk, full walk-in pantry. Formal DR & LR opens to cozy Den. Den w/gas logs, coffered ceiling, windows overlooking covered deck. Large laundry room w laundry sink & folding area. Large spacious bedrooms & huge bonus room. Basement w wood-burning fireplace, wet bar kitchen area for entertaining. 1/2 bath in basement. Outside patio off basement & large covered deck. Fenced yard w/great play area for kids. NEW HVAC systems 2018. Exterior recently painted, New carpet in basement. Enjoy the beautiful drive to this house w/large established trees throughout neighborhood.

3510 Brushy Lane Charlotte, NC 28270

$550,000 - 4Br/3Ba -  for Sale in Providence Plantation, Charlotte
New
$550,000
4 Beds
2.5 Baths
2,984 SqFt
Status Active
MLS # 3559923
Property Type Single Family
Price Type --
Meticulously updated home located in the popular Providence Plantation Subdivision. Open kitchen leads to breakfast area overlooking large living room with additional wet bar area. Custom kitchen has been updated beautifully with quartz counter tops, gold hardware, pot filler...too many details to list! Home also features formal dining room, formal living/office and large bonus room on the main floor. Upstairs you'll find a gorgeous master suite with a large walk in shower and upgraded cabinetry. Real hardwoods throughout first floor!

2405 Cross Country Road Charlotte, NC 28270

$538,000
4 Beds
2.5 Baths
3,182 SqFt
Status Active
MLS # 3509927
Property Type Single Family
Price Type --
Absolutely stunning home, completely updated Kitchen, and Bathrooms. Wonderful, open floor plan with Formal Rooms and Office Down, fireplace in Dining Room, Gorgeous Kitchen with white cabinetry, quartz counters, tile back splash, white farm sink, built-in wine cooler, beautiful glass front cabinets for display. Master suite upstairs with sitting area and updated, gorgeous Master Bath. 4 BRs plus Bonus Room, plus Play Room. Large screened porch overlooking Deck, Hot Tub and huge, private back yard! Do NOT miss this house! It is spectacular!

5909 Providence Glen Road Charlotte, NC 28270

$529,900
4 Beds
3.5 Baths
3,192 SqFt
Status Active
MLS # 3540420
Property Type Single Family
Price Type --
Rare opportunity to own a full brick home that has been completely renovated with current style and finishes that just enhance the character of this beautiful established home. Warm and inviting entryway will welcome you and your guest into an open floor plan with master down. Gorgeous brand new hardwood floors throughout the main level. Open two story great room with two story brick fireplace, charming built ins and so many windows for natural light. View or access new deck that leads to the the huge private backyard from the great room or oversized sunroom that you can enjoy year round. Brand new gourmet kitchen has new appliances, new cabinets, and new counter tops. New windows and new trane HVAC. Large bedrooms with big closets. Plenty of storage space. A true laundry room with cabinets, counter and sink. If you like to entertain this home is for you!

2623 Rosegate Lane Charlotte, NC 28270

$475,000
4 Beds
2.5 Baths
3,410 SqFt
Status Active
MLS # 3538707
Property Type Single Family
Price Type --
Spacious low maintenance custom home on private acre lot in popular Providence Plantation. Best value in the neighborhood! New roof, updated HVAC, garage door replaced and tank-less water heater are just a few of the special features of this home. Hardwoods on the main and lovely mill work throughout. Cozy family room with coffered ceiling and wood burning fireplace. Updated kitchen with granite, tile backsplash, custom cabinets with soft close drawers, pantry & storage closet, double ovens and island. Spacious master with updated bath includes walk in shower. Third floor bonus room and flex room with storage. Low maintenance vinyl siding. Memberships to neighborhood pool and tennis available. Top rated schools. Convenient to Arboretum, Providence Promenade and the quaint town of Matthews.

630 Ashgrove Lane Charlotte, NC 28270

$474,900 - 4Br/3Ba -  for Sale in Providence Plantation, Charlotte
Open House
$474,900
4 Beds
2.5 Baths
3,517 SqFt
Status Active
MLS # 3541545
Property Type Single Family
Price Type --
Immaculately maintained full brick home located on a cul-de-sac. Beautiful Chef's kitchen opens into a large Great Room. Formal Living & Dining Room + Home Office on main level. Amazing screen porch overlooks a private, wooded backyard. Generous Master Suite with Luxury Bathroom & closets. Tremendous flexibility in upstairs configuration with a large Bonus Room off of 4th Bedroom. Minutes from Arboretum area, I-485, Matthews, and quick commute to Uptown & Southpark. This property qualifies for the ZeroPlus mortgage product, which has no lender fees, no origination fees, and potentially $1,000 in 3rd party lender credits.

2330 Tarleton Twins Terrace Charlotte, NC 28270

$449,000
4 Beds
2.5 Baths
2,652 SqFt
Status Active
MLS # 3548721
Property Type Single Family
Price Type --
Presented in stunning condition with a long list of features that are certain to impress. No detail has been overlooked from the crown molding & eight-foot arched doorways to the fresh paint, new carpet, recessed lighting & six-inch wood floors. There are four bedrooms, two full baths & one half bath along w/ a wood deck overlooking the fenced backyard w/dual side gates & a playground. Gourmet kitchen complete with a glass see-through dishwasher, stainless steel KitchenAid appliances, a Wolf gas cooktop w/ a recessed, motorized downdraft & a tile backsplash. The double-door master suite is a true retreat & offers a touchpad lighting system, a custom closet organizer & a double-door entrance to the luxurious master bath. Relax in style in the stone tile standing shower with a multi shower head fixture plus there2019;s a Jacuzzi tub. Must-have modern features include a dual NEST system, updated lighting fixtures, a keypad entry front door, auto-locking doors & the home is smart-home ready.

5517 Providence Glen Road Charlotte, NC 28270

$439,900
4 Beds
2.5 Baths
2,977 SqFt
Status Active
MLS # 3536225
Property Type Single Family
Price Type --
Wonderful floor plan, large formal areas, Kitchen open to huge Great Room, Laundry Room down, all BRs on upper level. Updated Master BA and secondary BA. Master is large with vaulted ceiling. Large Bonus Room could be additional BR. One BR is open to the Foyer and could serve as a office (could also easily be closed up for an additional BR). Tremendous Deck overlooking flat large back yard with tree perimeter. Full brick! Don't miss out; this home is a great opportunity to get in and make it your own.

5016 Celeste Court Charlotte, NC 28270

$375,000
4 Beds
2.5 Baths
2,948 SqFt
Status Active
MLS # 3558878
Property Type Single Family
Price Type --
Fully updated home nestled into a large private wooded cul-de-sac lot in wonderful Providence Plantation. Updated kitchen features white cabinets topped with granite countertops, tile backsplash, & New Stainless Steel appliances including Refrigerator & Microwave. Enjoy wood floors upstairs and down. Large Master bedroom boast large walk-in closet and updated en-suite with granite countertops & tiled shower and 2nd bedroom attached for many different uses. Some more of the many updates are: Sealed crawl space, Tankless water heater, new lighting throughout, updated secondary bathrooms, new driveway, New HVAC systems in 2019;10 & 2019;15 including programmable thermostats, whole house water filter, Architectural 30 year roof & gutters with screens in 2019;06, gas logs, huge two-tier deck and fresh paint throughout.

3534 Nancy Creek Road Charlotte, NC 28270

$365,000
4 Beds
2.5 Baths
1,944 SqFt
Status Active
MLS # 3553716
Property Type Single Family
Price Type --
Spacious, custom all brick 4 bedroom, 2 1/2 bath home on a 1.1 acre lot in popular Providence Plantation. Comfortable den with new carpet and wood burning fireplace w/gas logs. Kitchen has new dishwasher. Also gas range, solid counters & tile backsplash. Cozy breakfast area. Spacious master has updated bath with walk in shower. 3 secondary bedrooms. Updated hall bath with shower/tub combo. Floored attic with ceiling fan & pull down stair. Large covered screened porch overlooks the private, partially fenced back yard. Oversized 2 car side- load garage. Large covered screened porch overlooks the private, partially fenced back yard. Well maintained home with newer HVAC, some new paint, septic was cleaned and inspected 2019. Refrigerator conveys. Membership to neighborhood pool and tennis available. Providence Spring, one of the most sought after elementary schools, is nearby. Home is convenient to the shopping and the convenience of Waverly, Rea Farms, Arboretum, and the Brace Family YMCA
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