Providence Pointe Real Estate Report: 2024 Recap

Providence Pointe Real Estate Report: 2024   

Providence Pointe Home Sales Snapshots For 2024 & Each Quarter In 2024

 

Providence Pointe home sales in 2024 remained steady with no change in both average and median sale prices year-over-year. Price per square foot  increased 10% to $257 compared with one year ago. The number of homes sold increased 20% year-over-year to 12. Nonetheless, for a neighborhood with some 420 homes, 12 sales in an entire year is still less than 3% of total inventory. The list to sale price ratio declined year-over-year by 2%, but was still 101.6% for the year.  Days on market increased 14% to 8 days compared with one year ago, but would be considered low by any measure. The months supply of inventory declined 16% in 2024 to less than one month at 0.67 months. All this speaks to a home seller’s market in Providence Pointe in 2024 and continued demand for this popular Ballantyne area neighborhood.

 

PROVIDENCE POINTE 2024 HOME SALES

 

Providence Pointe neighborhood in Charlotte's Ballantyne area 2024 home sales

 

 

Providence Pointe home sales Q4-2024 saw both average and median sale prices improve 3% compared with the same quarter one year ago. Price per square foot  increased 8% to $259 compared with the same quarter one year ago. The number of homes sold remained low and unchanged at two homes. The list to sale price ratio was unchanged at 98.3%.  Days on market increased 4% to 25 days compared with the same quarter one year ago.  For a neighborhood with some 420 homes, two sales in an entire quarter is still less than one half of one percent of total inventory. 

 

PROVIDENCE POINTE HOME SALES:  QUARTER 4 – 2024

 

Providence Pointe neighborhood in Charlotte's Ballantyne area in Quarter 4-2024

 

 

PROVIDENCE POINTE HOME SALES:  QUARTER 3 – 2024

 

Providence Pointe neighborhood in Charlotte's Ballantyne area housing market snapshot for Quarter 3-2024

 

PROVIDENCE POINTE HOME SALES:  QUARTER 2 – 2024

 

Providence Pointe neighborhood in Charlotte's Ballantyne area (28277 zip code) home sales report for quarter 2-2024

 

 

 

PROVIDENCE POINTE HOME SALES:  QUARTER 1 – 2024

Providence Pointe neighborhood in Charlotte's Ballantyn area home sales update for Quarter 1-2024

 

 

 

 To track sales in Providence Pointe “real time,” click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Providence Pointe home sales activity.

 

 Median Sale Price History For Providence Pointe Homes

 

Community Spotlight: Providence Pointe

 

Providence Pointe neighborhood in Charlotte's Ballantyne area community entranceOne of the most in-demand and sought-after neighborhoods in the Ballantyne area of south Charlotte, Providence Pointe is a beautiful neighborhood with some 420 homes developed and built by Shea Homes between 2001 and 2008. Demand for Providence Pointe homes stems from its convenient location in Ballantyne just off Lancaster Highway and Highway 521/Johnston Road, which runs through Ballantyne.

 

Homes in Providence Pointe are primarily transitional-style two-story homes with four bedrooms + a two-car garage. There are also single story and 1.5 story homes. Providence Pointe homes range in size from about 1,900 square feet to over 4,500 square feet. On average, homes are about 2,900 square feet. Homes are situated on lots ranging in size from just under two tenths of an acre to about a half acre. Most of the homes are situated on about .25 acres. Median age of Providence Pointe homes is 18 years.

 

Swim Club at Providence Pointe in Charlotte's Ballantyne areaProvidence Pointe Community Amenities

Providence Pointe offers residents wonderful amenities, which include a Club House, Jr Olympic swimming pool with water slide and splash area, two lighted tennis courts, basketball  and sports court, and children’s playground. 

 

Top Schools Serve Providence Pointe Residents

Providence Pointe is served by some of the top schools in Charlotte, widely acknowledged for their academic performance, including Ardrey Kell High School, Community House Middle School, and Ballantyne Elementary School. Ardrey Kell High School was ranked the #1 best public high school in Mecklenburg County by niche.com for 2024. It was also ranked the #3 best public high school in the Charlotte region and #10 of  618 public high schools in North Carolina. According to test scores, 91% of students were proficient in math and 86% were proficient in reading. Community House Middle School was ranked the #6 best public high school in Mecklenburg County and #28 our of 140 public middle schools in North Carolina. Ballantyne Elementary School has been ranked the #23 best public elementary school in Mecklenburg County for 2024 out of 139 elementary schools in the county.

 

A number of Charlotte area’s top private and parochial schools are also nearby, including Charlotte Catholic High School, ranked the #2 best Catholic High School in the Charlotte area. The British International School of Charlotte is located minutes away from Providence Pointe

 

Prime Ballantyne Location

Providence Pointe is located in the heart of Charlotte’s upscale, popular Ballantyne area. All the shopping you could want is within minutes of the neighborhood, including two large outdoor shopping centers (Blakeney and Stonecrest) which feature grocery shopping, high-end boutiques, spas, casual and fine dining restaurants, movie theatres. Carolina Place Mall and Atrium Health/Pineville are less than five miles away. Ballantyne Village is also accessible within minutes. All the major medical practices in Charlotte maintain offices in Ballantyne. Also nearby are Trader Joe’s, Ballantyne Country Club, Piper Glen Club, horseback riding facilities in nearby Waxhaw. and so much more.

 

Providence Pointe offers easy commuting/access to the Ballantyne Corporate Park, South Park, I-485, Matthews, Fort Mill, Charlotte-Douglas Airport.

 

All of life’s necessities are minutes from the Providence Pointe neighborhood. And if it’s golf you love, there are 24 golf courses within 10 miles of the community, as well as parks and hiking trails within five miles.

 

    Map of Providence Pointe neighborhood in Charlotte's Ballantyne area 

 

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This Charlotte, North Carolina real estate update for Providence Pointe home sales in Ballantyne is provided by  Nina Hollander, Coldwell Banker Realty, your Ballantyne neighbor/specialist and Greater Charlotte area residential real estate expert. I’ve been opening doors for Ballantyne area home buyers and sellers since 1999 and have been a Ballantyne resident since 2001.

 

If you’re considering selling or purchasing a home in the Greater Charlotte area, I’d love an opportunity to earn your business, exceed your expectations, and to show you why experience matters and how:

 “The Right Broker Makes All The Difference.”