Uptown Charlotte Condo Market Update For July 2011

In July 2011 15 condos/townhomes sold in the Uptown Charlotte area, an 6.25% decrease from the 16 condos/townhomes sold in June 2011. July 2011 sales figures increased 15% from July 2010 when 13 Uptown Charlotte condos sold.

The average sales price increased 19.7% from $238,888 in June 2011 to $285,933 in July 2011. July 2011 average sales price increased 39.3% from the July 2010 average sales price which was $205,300. 

Average days on the market increased 58.7% from 155 in June to 246 in July. July 2010 average days on the market were 188.

Currently there are 158 Uptown condos/townhomes listed for sale in the Uptown Charlotte MLS area. The average unit is a 1 bed/1 bath condo with 1,327 square feeet and an average list price of $366,177, up .7% from June’s average list price of $363,580. The average days on the market are 159. Currently 34, or 21.5%, Uptown Charlotte condos/townhomes are under contract. An increase of 54.5% from June.

Uptown condos for sale

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