Charlotte Homes For Sale Under $350000 University City Area

April 20th, 2009 Categories: Buy A Charlotte Home, Charlotte First Time Home Buyers, University City, south charlotte

One of Charlotte’s most popular areas to live and work is the area known as University City- First time home buyers, move up buyers like the convenience in this areaÂ north and east of Uptown Charlotte around the beautiful and growing campus at University of North Carolina at Charlotte.Â This is another of our Charlotte Homes for sale, homes sold reports.

University City Homes for Sale

There are 76 homes for sale for under $175,000, but more than $100K- median price is 140K on aabout 1650 sf, or median prices $85/sf- ranging to over $100

There are 50 homes for sale for under $250,000, but more than $175K- median prices of $215kon about 2500 sf, or 86/sf, raning agian to slightly over $100 for new and best

There are 23 homes for sale under $350,000, but more than 250, with median prices of $296K on about 3200 sf, or 93/sf, as most of these are luxury homes in communities with more amenities.

University City Homes Sold

There were 41 homes sold in the University City area since January 1, with a median cost per sf just under $70.

Obviously, It remains a strong buyers market for single family homes here.Â Sales to date- from a seasonally very slow time of year, don’t translate well for those interested in absorption rates, but this months- April-Â results will be telling.Â It is till possible to see some winners and losers so far, I’ll start with the winners.

Ranch homes for one- the are all among the highest cost per sf, they are keeping their value better, selling between 86 and $160/sf.

Subdivisions?

Mallard Woods had 3 sales, ranging from $86/sf and up

Huntington Ridge 3 sales $131-$162/sf (ranches)

Leslie Farms $98-102

Subdivisions that lost ground include Withrow DownsÂ with 5 visible foreclosures, Mallard Lakes a couple of foreclosures–in both casesÂ foreclosures brought the median prices down in the $40’s

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Skilled Buyer Agents with Smart Buyers make great deals happen! We provide detailed analysis prior to all offers, and take a lot of the guess work out.Â Plus, we know where the steals and deals are! The McDonald Team 704-351-1519

Fort Mill Homes Under $250,000

University City Townhomes-1st Quarter Results, Market Report

First Time Buyers- A Charlotte Stimulus worth $9000Â from the McDonald Team-

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