Market Reports
Quarterly readings of the SouthPark luxury residential market — supply, absorption, days on market, and the off-market segment that does not show up in the MLS.
Where the market sits.
SouthPark's $2M+ single-family segment has, for five consecutive years, run structurally undersupplied. The meaningful estate streets see fewer than 25 reported transactions per year in Foxcroft, fewer than 20 in Morrocroft Estates, and a similar count in the Quail Hollow course-lot inventory. Off-market activity is estimated to account for 25–40% of high-end transactions inside the SouthPark loop.
Headline numbers.
The three sub-markets.
| Segment | Median Price | DOM | Notes |
|---|---|---|---|
| Single-family $1M–$2M | $1.45M | 29 | Most liquid |
| Single-family $2M–$5M | $2.85M | 44 | Off-market common |
| Single-family $5M+ | $6.2M | 70+ | Largely off-market |
| Condominium $1M–$2M | $1.32M | 38 | Steady demand |
| Condominium $2M+ | $2.45M | 55 | Building-dependent |
| New construction | $2.4M | Pre-sold | Limited inventory |
The next four quarters.
Continued in-migration of executive talent, limited new construction inside the SouthPark loop, and a structurally tight resale market suggest that pricing pressure will remain to the upside in the $1.5M–$3M band. The $5M+ segment, by contrast, trades on idiosyncratic factors — a single high-quality estate listing can shift the comparable set materially.
Interest-rate sensitivity is real but muted at the upper end — a significant share of SouthPark transactions over $2M are cash or substantially-cash.
Sharper than a MLS pull.
Bespoke market analysis, including the off-market segment, on request.