Charlotte NC|Uptown Condo Prices Up in 2007
December 21st, 2007 Categories: Charlotte Real Estate Market Reports, Uptown Charlotte
Uptown Condo prices rose in 2007, 4.87% over the first 11 months of 2006,
according to the average sold cost per square foot, figured from the Carolina MLS. Amidst all the doom and gloom, the talk of over construction blah blah blah, prospects are good. Unit Sales are up too! Here are the numbers, through November 30:
In 2007, 409 Condos sold for an average price of $326,291, average square foot of 1081, or an Average SF Sold Price of $301/sf.
In 2006, 348 Condos sold for an average price of $298,030, average square feet of 1038, or an Average SF Sold Price of $287/sf. Four floors, with an elevator 701 N Church above, 3 br from $649,000, with a roof top deck.
This is virtually the exact average price increase of the entire Charlotte area as reported by Standard and Poors 3rd Quarter Report…
Search for Charlotte Real Estate?
Uptown Charlotte Condo Prices are up, 4.8%, interestingly, the unit sales are up as well, 17%. Wow! Like to see more Charlotte Condos? Here are the new Uptown Charlotte Condo galleries.
Like to see more Charlotte Homes and Communities?
I have more than 1500 great pictures at my Charlotte photo galleries, I’ve taken about 95% of these, have a look at: Uptown Dilworth, SouthPark, Ballantyne Country Club, High GateThere are more than 40 Charlotte galleries of homes,condos and communities in total, I try and add new ones every week.
Here are couple of recent articles about the strong Charlotte real estate market by Forbes.com and ABC News
To learn more about me, or my team, visit TerryMcDonaldRealEsate.com, my easy to use home, condo, land or multifamily~ ALL CHARLOTTE SEARCH. tm
This is why it is so important to talk to a local real estate expert such as you Terry. The media is all doom and gloom when clearly the numbers show that the Charlotte condo market is doing well. – Ashley
[…] sales are booming in Uptown Charlotte, NC. Prices are up. Below are introductions to 4 new photo galleries, in no particular order - here are some options […]
Terry - Great news for Uptown Charlotte! I love your picture gallery; it really gives a feel of the communities and area.
Wow! A nearly 5% rise in condo prices in Charlotte! Good to hear the whole real estate world isn’t falling apart like everybody else says. Great news- thanks for sharing!