February 2011 Uptown Charlotte Condo Market Update

In February 2011 6 condos/townhomes sold in the Uptown Charlotte area, an 54% decrease from the 13 condos/townhomes sold in Janaury 2011. February 2011 sales figures decreased 50% from February 2010 when 12 Uptown Charlotte condos sold.

The average sales price decreased 9% from $241,838 in Janaury 2011 to $219,583 in February 2011. February 2011 average sales price decreased 32% from the February 2010 average sales price which was $321,732. 

Average days on the market increased 7% from 148 in Janaury to 158 in February. February 2010 average days on the market were 1,028 with one property on the market for 1,887 days!

Currently there are 178 condo/townhomes listed for sale in the Uptown Charlotte MLS area. The average unit is a 1 bed/1 bath condo with 1,326 square feeet and an average list price of $362,648, down 2% from January. The average days on the market are 146. Currently 38, or 21%, Uptown Charlotte condos/townhomes are under contract. An increase of 7% from January.

Uptown Charlotte Condos For Sale

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