Plaza Midwood Closed Sales – Q4

17 Homes -- High: $490K Low: $33.9K

The Averages:

• $277K
• $147 Per Foot
• 93% List to Sale
• 123 DOM

Plaza Midwood 2011, the Year in Review

78 Homes -- High: $575K Low: $33.9K

The Averages:

• $276K
• $150 per foot
• 94% List to Sale
• 138 DOM

Plaza Midwood Market Today:

43 Homes 

• Price Range: $92.5K - $574.9K
• Average Price: $267K
• HLA Range: 700 – 4100

Don’t let the price per foot scare you or get you too excited. Plaza Midwood has a fairly dynamic range, when you consider the elastic waistband of its sections. Historic Plaza Midwood and the Midwood Proper Interior has many sustainable values close to $200 a foot, and of course many opportunities for considerably less than.

To Begin Soon. Very Soon. January 2012 Soon.

A plan has been on deck for some time for improvements in the Plaza-Central Business District of Plaza Midwood and call for street and landscape improvements from Pecan Avenue along Commonwealth Avenue to The Plaza and back to Central Avenue.

The benefit to pedestrians and cyclists is huge as the plan calls for more bike racks, cycle lanes and sidewalks through this area. The aesthetic is a real shot in the arm for this section through Commonwealth with more on-street parking, crosswalks, sidewalks and smart landscaping to bring it all together.

Thank you Charlotte. Thank you for the money. Bring the messy and the noise and let's get this project knocked out.

Completion scheduled Summer 2012 with landscaping to follow shortly thereafter.