Charlotte Condo Market Update For November 2011

In November 2011 138 condos sold in the Charlotte area, an 3.5% decrease from the 143 condos sold in October 2011. November 2011 sales figures increased 20% from November 2010 when 115 Charlotte condos sold.

The average sales price decreased 22% from $188,891 in October 2011 to $147,348 in November 2011. The November 2011 average sales price decreased 14.7% from the November 2010 average sales price which was $172,726.

Average days on the market decreased 8.7% from 161 in October to 147 in November. November 2010 average days on the market were 159.

Currently there are 1,041 Charlotte condo/townhomes listed for sale in the Charlotte MLS. The average unit is a 2 bed/2 bath unit with 1,534 square feet and an average list price of $223,828, up 4.5% from October‘s average list price of $214,242. The average days on the market are 196. Currently 168, or about 16.1%, Charlotte condos are under contract, down from 214 under contract in October.

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

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