The 2009 Market Report for Providence Plantation in Charlotte, N.C. shows that home values in this highly sought-after neighborhood have declined only slightly over the last year (-8.56%), compared to other harder hit areas in the country. Providence Plantation is ideally located in South Charlotte - just a 30 minute commute to downtown and about 40 minutes to Charlotte Douglas International Airport. This beautiful subdivision is known for its beautiful homes, large lots, mature tree-lined streets, award-winning schools, and easy access to shopping, dining and recreation.
2009 Real Estate Market Report for Providence Plantation
Number of homes sold: 47
Average List Price: $454,244
Average Sale Price: $434,044 (-8.56% decline from 2008)
Average Square Feet: 3,739
Average Days on Market: 117 days
The chart below provides an overview of the real estate market in Providence Plantation over the last 5 years. The average sales price increased 4.56% in 2005, 10.27% in 2006, and 6.62% in 2007. Sales prices dipped 3.29% in 2008, and dropped 8.56% in 2009. Over the entire 5-year span, Charlotte home values are up 8.71% over 2004 values. Providence Plantation home values always outperform values in the entire Charlotte Region.
For more information on this Market Report for Providence Plantation, or any other neighborhoods in Charlotte, NC, please visit my website. It's easy to search for Providence Plantation Homes for Sale on my website. You may also call or text me at 704-654-9700, or send me an email. I'd be happy to help you find the perfect Charlotte home!