Charlotte Luxury Home Golf Communities Post Staggering Second Quarter Results!!!

August 1, 2011

So often I am asked “How’s the market?” I would venture to say that most people, real estate agents included, really don’t know. They instead tell you how busy they are or what they have heard on mainstream media.

Since I specialize in luxury homes and golf course communities, I make it my business to KNOW what is happening. I would like to share some pretty amazing numbers with you.

GET READY!!!


• Ballantyne Country Club Average Price is $696,103
• Longview Average Price is $954,515
• Piper Glen Average Price is $698,900
• Providence Country Club Average Price is $525,048
• River Run Average Price is $617,044
• The Peninsula Average Price is $1,082,275
• The Point Average Price is $1,162,892


The total number of homes closed during the first quarter was 37. The total number of closed homes during the second quarter was 83!

The total dollar volume of closed homes during the first quarter was $29,139,050. The total dollar volume of closed homes during the second quarter was $66,760,169!
This represents a staggering 224% increase in the number of homes closed in second quarter 2011 compared to the first quarter of 2011. The dollar volume increased by 229%!

All seven of the above mentioned Charlotte Golf Course Communities have had an average closed price of greater than $500,000 for 2011. The data reflects closed homes for first and second quarter of 2011.

So, the next time somone asks you “How’s the market?’, now you will know.  The  market is in Charlotte’s leading golf course communities is currently trending WAY UPWARD!  Real estate is like the weather, it is very local.  The local luxury home golf course community market is enjoying some tremendous rays of sunshine right now!!!  Look out for the rainbow!!!

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