Longview in Weddington NC--2010 Real Estate Market Update
Longview in Weddington NC—2010 Real Estate Market Update
The Club at Longview, also called Longview, is a luxury gated community located in unincorporated Union County between Weddington NC and Marvin NC. A Jack Nicklaus Signature golf course, one on the top-rated courses in Charlotte and North Carolina, winds through the neighborhood. A 10,000 square foot activity center provides space for adult and children’s fitness and social activities. The neighborhood’s location near I-485 and shopping at Blakeney and Stonecrest make it a convenient place to live.
How did the 2010 real estate market in Longview compare with the 2009 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. Seventeen single family homes sold in the neighborhood in 2010 compared with 11 in 2009.
Longview Real Estate Market Comparison
Single Family Homes
The median sales price dropped over 28% in 2010 while the median square footage increased 5.8%. These changes reflect the continuing adjustment of the luxury home market in 2010 as several builder inventory homes were sold through the foreclosure process.
Longview
Single Family Market Update | Median Closed Price | Median Home Square Footage | Median Days on Market | Median List to Sale Ratio |
| Year 2009 | $1,573,236 | 5525 | 2 | 100% |
| Year 2010 | $1,121,585 | 5846 | 298 | 89% |
Source: Carolina Multiple Listing Service
Longview Types of Closed Sales
Foreclosures and short sales accounted for over 40% of the market in 2010. Thirty five percent of the 2010 market in Longview was new construction with the remaining sales market resales.
| Longview Sales Types | Number of Closed Sales | Percentage of Closed Sales |
| Resale | 4 | 23.5% |
| New Construction | 6 | 35.2% |
| Foreclosure | 6 | 35.2% |
| Short Sale | 1 | 6.1% |
Source: Carolina Multiple Listing Service
Read more about Longview, its community amenities, builders and public schools: Longview in Weddington NC: Homes for Sale and Neighborhood Profile
Longview Homes for Sale
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Copyright 2011. Carol Fox. Allen Tate Realtors. *Longview in Weddington NC—2010 Real Estate Market Update*