Charlotte Condo Market Update For March 2013

South Park Condo Market

Charlotte Condo Market Update

In March 2013 198 condos sold in the Charlotte area, a 22.2% increase from the 162 condos sold in February 2013. March 2013 sales figures increased 10% from March 2012 when 180 Charlotte condos sold.

The average sales price decreased 12.4% from $183,534 in February to $160,740 in March. The March 2013 average sales price increased 5.2% from the March 2012 average sales price which was $152,792.

Average days on the market decreased 2.6% from 115 in February to 112 in March. March 2012 average days on the market were 164.

Currently there are 863 Charlotte condo/townhomes listed for sale in the Charlotte MLS. The average unit is a 2 bed/2 bath unit with 1,567 square feet and an average list price of $232,904, up 4.2% from March 2012. The average days on the market are 128. Currently 366, or about 42.4%, Charlotte condos are under contract.

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

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