Real Estate Professional Network

Real Estate happenings in The Palisades

The Palisades is an upscale community located near Lake Wylie in South Charlotte. Homes in this neighborhood range from the mid $200,000's to well over 1 million dollars for custom homes. Some of the wonderful amenities in this upscale neighborhood are the Equestrian Center, Nicklaus Golf Course, Sports Complex and Country Club just to name a few. Currently there are 30 homes for sale in The Palisades. The average list price of the current homes for sale is $660,546 and averages about 157 days on the market.

Since the beginning of 2011 there have been 9 homes sold in The Palisades. Of the 9 homes sold the average sale price was $391,222. With the highest and lowest being $599,000 and $225,000 respectively.

In the last 30 days there has been 1 home sold. This home has 6350 square feet, 6 bedrooms, 5 full bathrooms, 3 half bathrooms and a 3 car garage. The home sold for $599,000 and was on the market for 141 days. With so much competition in this neighborhood, pricing your home aggressively and making sure your home is in top notch shape when placing it on the market is going to be the key to getting your home sold quickly.

Over the past year the average homes sold per month has dropped from almost 4 homes per month to 3 homes per month. The average price of the homes sold has dropped about $3,000 in the past 3 months from 1 year ago. That number is up almost $6,000 from months ago. In addition the average “discount” off list price given by sellers to buyers has increased 3 1/2% from a year ago. This is a great time to find a home in The Palisades.

Charlotte, NC First Time Home Buyer Specialist- Heather Strowd Broker/REALTOR- NC/SC

Focusing on first time home buyers through out Charlotte and the major surrounding areas including South Carolina. I will make the process of buying or selling your home smooth and seamless, giving you peace of mind. (704)-779-9481.