August 2010 Uptown Condo Market Update

In August 2010 13 condos sold in the Uptown Charlotte area, an 0% increase from the 13 condos sold in July 2010. August 2010 sales figures increased 18% from August 2009 when 11 Uptown Charlotte condos sold.

The average sales price increased 28% from $205,300 in July 2010 to $263,469 in August 2010. August 2010 average sales price decreased 27% from the August 2009 average sales price which was $358,445. 

Average days on the market decreased 14% from 166 in July to 143 in August. August 2009 average days on the market were 169.

Currently there are 53 condo/townhomes listed for sale in the Uptown Charlotte MLS area. The average unit is a 2 bed/2 bath condo with 1,541 square feeet and an average list price of $413,292. The average days on the market are 189. Nine Uptown Charlotte condos/townhomes are currently under contract.

Both comments and pings are currently closed.

One Response to “August 2010 Uptown Condo Market Update”

  1. For the young professional, getting a condo is a common thing. Make sure that you will get the one that matches your personality.