Olde Sycamore in Mint Hill NC Real Estate Market Report—2011 Year-to-Date Review
Olde Sycamore is a golf course community located in both Mecklenburg County and Union County NC. The Town of Mint Hill NChas annexed all of the neighborhood homes in both counties. A large community, Olde Sycamore wraps around Olde Sycamore Golf Plantation, a highly regarded golf course built in 1997 and renovated in 2007.
The neighborhood contains a variety of homes and price points. Construction in Olde Sycamore is nearly complete.
Olde Sycamore Real Estate Market Comparison
A detailed comparison of the 2011 year-to-date real estate market in Olde Sycamore can be found in the tables below. What can Olde Sycamore buyers and sellers learn from these statistics?
- Sellers have less competition from new construction as it is nearly complete. The median price dropped in 2011 but the size of the homes sold also dropped substantially reflecting the fact that less new construction sold.
- Buyers who want to live in a golf course community will find that Olde Sycamore is a very affordable choice.
Olde Sycamore Real Estate Market Comparison
Single Family Homes
| Olde Sycamore Single Family Market Update |
Median Closed Price | Median Home Square Footage | Median Days on Market | Median List to Sale Ratio |
| Year 2009 | $282,000 | 3043 | 35 | 95% |
| Year 2010 | $294,900 | 3485 | 134 | 96% |
| YTD 2011 | $253,500 | 2802 | 102 | 96% |
Source: Carolina Multiple Listing Service
Olde Sycamore Types of Closed Sales
Seventy five percent of the 2011 sales were resales. The neighborhood had no foreclosures and only one short sale.
| Olde Sycamore Sales Types | Number of Closed Sales | Percentage of Closed Sales |
| Resale | 9 | 75% |
| New Construction | 2 | 16.6% |
| Foreclosure | n/a | n/a |
| Short Sale | 1 | 8.4% |
Source: Carolina Multiple Listing Service
Read more about Olde Sycamore, its community amenities, builders and public schools: Olde Sycamore in Mint Hill NC: Homes for Sale and Neighborhood Profile
Olde Sycamore Homes for Sale
Click here to see Olde Sycamore homes for sale.
Ever wonder what your Olde Sycamore home is worth?
Click here to receive a free market evaluation.
Copyright 2011. Carol Fox. Allen Tate Realtors. *Olde Sycamore in Mint Hill NC Real Estate Market Report—2011 Year-to-Date Review*
Discover Charlotte North Carolina's Best Small Towns
Carol Fox of Allen Tate Realtors has helped people find the right homes and neighborhoods in Charlotte North Carolina's best small towns for twenty five years.
Call Carol Fox at 704-814-6242
to list your property for sale or to purchase a home in
Matthews NC, Mint Hill NC and the small towns of Union County NC, including Stallings NC, Indian Trail NC, Weddington NC, Waxhaw NC, Lake Park NC, Marvin NC, Wesley Chapel NC and Monroe NC.
Search for homes and learn more about these communities
at www.CarolinaSmallTownLiving.com.
HI Carol,
Great post...thanks for sharing. Good luck and best wishes for continued success.
Happy holidays!