Charlotte Condo Market Update For February 2012

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In February 2012 123 condos sold in the Charlotte area, a 0% decrease from the 123 condos sold in January. February 2012 sales figures increased 10.8% from February 2011 when 111 Charlotte condos sold.

The average sales price decreased 5.2% from $147,496 in January to $139,791 in February. The February 2012 average sales price increased .04% from the February 2011 average sales price which was $137,729.

Average days on the market decreased 24.5% from 196 in January to 148 in February. February 2011 average days on the market were 164.

Currently there are 859 Charlotte condo/townhomes listed for sale in the Charlotte MLS. The average unit is a 2 bed/2 bath unit with 1,561 square feet and an average list price of $235,109, up 4.2% from January‘s average list price of $225,575. The average days on the market are 202. Currently 148, or about 17.2%, Charlotte condos are under contract, down from 152 under contract in January.

Uptown Condos For Sale
NODA/Plaza Midwood Condos For Sale
South Park Condos For Sale
Lake Norman Condos For Sale

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