Charlotte NC Neighborhoods - Madison Park Real Estate Market Report 11.10.08
November 10, 2008 · Print This Article
The Madison Park neighborhood currently has 39 available homes for sale and the real estate market in Charlotte NC’s Madison Park has shown a decrease in inventory over the past two weeks.
The most active price point continues to be below $299,999. Right now, there is a 6.5 month supply of homes for sale in the Madison Park neighborhood which is lower than just two weeks ago.
Madison Park Real Estate Market 11.10.08
|
Price Range |
Active Listings |
Pending Listings |
Conditional/Contingent Listings |
|
Less than $200,000 |
4 |
2 |
0 |
|
$200,000-$249,999 |
8 |
0 |
2 |
|
$250,000-$299,999 |
18 |
2 |
0 |
|
$300,000-$349,999 |
9 |
0 |
0 |
|
$350,000-$399,999 |
0 |
0 |
0 |
|
Total |
39 |
4 |
2 |
|
Avg Days on Market |
74 |
86 |
67 |
The inventory of homes for sale in Madison Park has decreased due to the rate of new listings being less than the number of homes going under contract as well as additional listings being withdrawn or expired.
Homes for sale in Charlotte NC as well as Charlotte NC real estate trends are specific and local down to the neighborhood level.
Madison Park is a Charlotte NC neighborhood of single family homes built primarily in the 1950’s and 1960’s, located within minutes of the light rail line and is convenient to both South Park and Uptown Charlotte NC.
Copyright©2008 by Diane McDermott, All Rights Reserved, “Charlotte NC Neighborhoods - Madison Park Real Estate Market Report 11.10.08”
*Data based on information from Carolina Multiple Listing Service Inc. Information deemed reliable but not guaranteed.
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