March 2011 Uptown Charlotte Condo Market Update

In March 2011 25 condos/townhomes sold in the Uptown Charlotte area, an 317% increase from the 6 condos/townhomes sold in February 2011. March 2011 sales figures increased 127% from March 2010 when 11 Uptown Charlotte condos sold.

The average sales price increased 28% from $219,583 in February 2011 to $281,688 in March 2011. March 2011 average sales price decreased 6% from the March 2010 average sales price which was $300,581. 

Average days on the market decreased 37% from 158 in February to 99 in March. March 2010 average days on the market were 110.

Currently there are 173 Uptown condos/townhomes listed for sale in the Charlotte MLS area. The average unit is a 1 bed/1 bath condo with 1,286 square feeet and an average list price of $339,946, down 6% from Februarys average list price of $362,648. The average days on the market are 148. Currently 32, or 18%, Uptown Charlotte condos/townhomes are under contract. An decrease of 3% from February.

Uptown Charlotte Condos For Sale

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