September 2010 Charlotte Condo Market Update

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In September 2010 102 condos sold in the Charlotte area, a 30% decrease from the 145 condos sold in August 2010. September 2010 sales figures decreased 35% from September 2009 when 157 Charlotte condos sold.

The average sales price decreased 2% from $177,888 in August 2010 to $174, 393 in September 2010. The September 2010 average sales price increased 6% from the September 2009 average sales price which was $164,445. 

Average days on the market decreased 8% from 118 in August to 108 in September. September 2009 average days on the market were 49.

Currently there are 2,365 condo/townhomes listed for sale in the Charlotte MLS. The average unit is a 2 bed/2 bath home with 1,447 square feet and an average list price of $218,535. The average days on the market are 139. Currently 368, or about 16%,  Charlotte condos are under contract.

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3 Responses to “September 2010 Charlotte Condo Market Update”

  1. There are many choices of condo in different places. If you are looking for one, make sure that you consider some criteria before jumping into that decision. Amenities, service and affordability are some of those.

  2. There are nice condo units that you can choose from. You only have to check first on customer feedback and accessibility before getting your condo.

  3. There are many choices these days. It is good that technology is here to make searching for condo units a mouse click away.