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Myers Park Market Update

April 13th, 2013 Listed Under: Myers Park

Myers Park by the Numbers- Homes Sold, Homes for Sale

What a difference a year makes, from strong Buyer to Strong Sellers market!Queens Road West-the heart of myers park charlotte

March 1 – April 5, 2013 There were 34 New listings, 26 homes went Under Contract, and 22 homes Sold/Closed in the Carolina MLS.

On the sold homes, the median list price was $750,000, with a median sales price of $745,000, and $233.69/sf on 3419 square feet.

On The Homes for Sale side, the average price is $1,101,150, Median is 844,500 with a top price at $3,495,000

The number of sales is up nearly a 100% over the same period in 2012, and home sizes sold are up as well, with this year’s  average of $867,795 vs last years $633,696- interestingly the cost per sf was a bit higher last year, reflecting the smaller houses for sale. (The smaller SF usually indicates a higher SP/SF~ typically)

charlotte nc|myers park luxury homeAgainst the 6 months average, March looks good, with SP/Sf up 5%- and at a 4 month supply of homes?  Don’t let that fool you, 15 homes, 29% of the market was under contract in under 15 days. 5 of the homes were under contract in 3 days or less.

Myers Park Homes and Condos Under $750,000

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Terry McDonald
I'm the owner/team leader of The McDonald Group at Wilkinson and Associates ERA Powered real estate brokers here in Charlotte NC. A transplanted Washinghtonian, my family and I came from the NYC area in 1993.
Terry McDonald
Terry McDonald

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The McDonald Group
Wilkinson and Associates ERA Powered
8604 Cliff Cameron Dr ST 110
Charlotte NC 28269
704-390-6221 Cell
704-393-0048 Office
Licensed in NC & SC
USAA Certified
ERA Luxury Home Certified

Charlotte Communities Online

Terry McDonald [email protected]   704-351-1519

Bobby McDonald [email protected] 704-351-1519