Providence Plantation Real Estate Market Report for 2012

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!

Search for Homes for Sale in Providence Plantation here!  (Or scroll to bottom of page!)

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

View Providence Plantation, South Charlotte, NC 28270 in a larger map

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Providence Plantatation Real Estate Market Report – Active Listings

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3020 Poplar Hill Road Charlotte, NC 28270

$1,799,000

5 Beds

4.5 Baths

-- SqFt

Status Active

MLS # 4165596

Property Type Single Family Residence

Price Type --

Spacious, beautiful, & well cared for ranch home nestled in the mature landscape of Providence Plantation includes a fully finished walkout basement with lofty ceilings. Cul-de-sac greets the home's driveway & 1.62 acre lot. Special features include: Monogram kitchen appliances; hardwood floors; solar panels; primary bedroom on main floor w/en suite bathroom & 2 custom walk-in closets; main floor Jack & Jill bedrooms; basement guest bedroom w/en suite bathroom; wood burning fireplace on each level; main level balcony & basement deck overlook the massive & peaceful backyard porch & wooded landscape; media room w/surround sound; sunroom overlooks the backyard porch; plantation shutters; installed surge protector; built in speakers in primary bathroom, dining room, living room, & family room; spacious storage room; smart toilets in all bathrooms; laundry room w/retractable drying rack; & built-in cabinetry in garage & 1 bedroom. Come see this impressive home and make it yours today!

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6100 Bittersweet Lane Charlotte, NC 28270

$979,000

6 Beds

4 Baths

-- SqFt

Status Active

MLS # 4190505

Property Type Single Family Residence

Price Type --

This home has it all - curb appeal, location, charm and space!! Welcome to coveted Providence Plantation and this impressive Town and Country home! 6100 Bittersweet sits back on large property at the end of the cul-de-sac and boasts 5 BR + additional BR/Bonus, 4 full baths, expansive wrap-around porch, in-ground pool, built-in bar, master on main (with second master up), extensive back deck and 2-story detached garage equaling an additional 800+ sq. ft. Open kitchen with white cabinetry and white hard service countertops. Updates in the last two years include refinished hardwoods, new pool liner/heater/pump, 3 bathroom remodels, fire pit, exterior up-lighting and more. Property backs up to 10-acres of city conservation land for optimum seclusion. Located near the front Providence Road entrance allows for quick and easy access in-and-out of the neighborhood.

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3425 Rhett Butler Place Charlotte, NC 28270

$950,000

5 Beds

4 Baths

-- SqFt

Status Active

MLS # 4165688

Property Type Single Family Residence

Price Type --

Welcome to Providence Plantation. No HOA FEES! No HOA HASSEL! WOW This freshly painted home sits on a spacious lot and features 5 BRs, 4 full BAs, & an additional bonus room. The house has a lrg. screened porch approx. 315 sqft. & a 304 sqft. open BBQ deck for both entertaining & enjoying the outdoors. The main level has an open concept floor plan, newly polished hardwood flrs, kitchen w/ granite tops & new stainless appliances & an adjoining bedroom w/ a full guest bathroom. The dual staircases lead to the newly carpeted upper level. The spacious primary retreat on the upper level is accented by a tray ceiling, an ensuite bath w/ a jetted jacuzzi tub, dual sink vanity & a large walk-in closet. This level has an additional 3 BRs/2 BAs, and a bonus rm. Award winning schools, shopping within 3-4 miles distance including quick access to reach the new exit on I-485, all while enjoying the lush tree canopy of this neighborhood. Visit this beautiful home today! You will not be disappointed.

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2805 Peverell Lane Charlotte, NC 28270

$888,888

5 Beds

2.5 Baths

-- SqFt

Status Active

MLS # 4165867

Property Type Single Family Residence

Price Type --

Exquisite, elegant, classy, comfortable...This home has it all. Swarovski crystal chandeliers, Carrara marble floors, custom built ins are a few of the upgrades of note. The curb appeal is traditional & modest. Once inside- wow. At first entry note the beautiful floors in the main living areas. The dining room has regal molding & leads to a one of a kind 1.2 bath on main. Flanking right of the front door is a living room office combo that lends itself to many uses. One of the most eye catching places is vaulted family room with wood burning (gas starting) fireplace and the glorious kitchen. Your eye will catch sight of the vaulted screen porch with attached deck, both overlooking the fenced yard. Upstairs are 3 spacious bedrooms, a very special bonus/bedroom and the primary suite. This suite is regal w/ vaulted ceiling & custom molding. The recently renovated primary bath is made for relaxing, getting ready & room for your needs. The primary closet is lovely as well. See you soon!

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Property listings 1 - 4 of 4

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Providence Plantation Real Estate Expert

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!