Charlotte NC |Uptown Condos and Intown Condos Market Report
April 28th, 2009 Categories: Buy A Charlotte Home, Uptown Charlotte
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Condos Sold and Condos For Sale in Uptown Charlotte, South End and Dilworth
Uptown Condos Sold
Since March 1st there have been 17 closings, the average cost per sf was $247.sf and the median, at Fifth and Poplar was $261/sold square foot. Trademark and 5th and Poplar led the way with 3 sales each, and the rest were single sales all over Uptown, from Courtside to M Street, The Avenue to North Church. Prices ranged on the low end from $149/sf at Cedar Mill to $374/sf at a Trademark unit- surpassing the Ratcliffe on cost per sf. Two of the top 3 on a cost per square foot basis were at Trademark, their prices above 350/sf far surpssing the Avenue’s only sale at $272/sf
If you add Southend and Dilworth into the mix there were 46 sales in the same time period, love the Lynx, averaging $210/sf with a median of $205.00 per sf. Clearly the lower prices in South end are making buying easier!
Uptown Condos for Sale                                          or       Search for Uptown Condos
Lets just say it is a Buyers Market for Uptown Condos. No really, here are the details:
There are 92 Uptown condos for sale for under $250,000
There are 128 condos for sale for under $400,000, but more than 250K
There are 73 condos for sale for under $1,000,000, but more than $400K
Over 1M, there are 17 condos for sale, the highest are the last 2 of the Encore at $4.5M and $5M, and there are 5 at the Ratcliffe (senior Wachovia people perhap?)
South End and Dilworth Condos for Sale
There are even more here to choose from, I won’t bore you with details, anyone needing specific information just call or write.
So What’s an intown-uptown Condo Buyer to Do?
In my humble opinion, I think the only wise course looks like this: Select 3-5 condos you could be happy with- don’t , please don’t, just fall in love with one, fall “in like” with 4 or 5.
Then, in order of priority, lets search for the bottom prices with offers 25% off Asking. We’ll receive the 3-5 counter offers, look at the best units again, and make our counter offers accordingly. Yes there is a bit more to it than that, but that’s what you’ve hired me for, to save you time, negotiate the best deal, and in most every case save you money. And if you can keep yourself a bit detached, we’ll do just that.
If we are able to walk away from the deal because we are working enough offers that we are confident that one or more will present itself as an excellent and wise choice, then we’ll hit the home run… a great condo at an even better price.
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Skilled Buyer Agents with Smart Buyers make great deals happen! We provide detailed analysis prior to all offers, and take a lot of the guess work out. Plus, we know where the steals and deals are! The McDonald Team 704-351-1519
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Charlotte, NC| Market Report for Uptown Charlotte Condos
January 8th, 2008 Categories: Buy A Charlotte Home, Uptown Charlotte
2006-2007 Market Report for Uptown Condos
Uptown Charlotte living remains affordable as the numbers for 2007 come in. The average cost of purchasing a condominium in Uptown Charlotte in 2007 was $331,146, they averaged 1,083 square feet, making the average cost per square foot $306. The cost/square feet was down from the 2006 average of $311. This small decline may be due to the number of new condominium complexes currently under construction in Uptown (14 at last count), the real estate situation across the country or some mix of the two. The five and ten year outlook for Uptown property? I still consider it very promising as Charlotte continues to grow, incomes are going up and Uptown remains a very viable place to call home. Don’t take my word for it, see what Forbes has to say about Charlotte’s real estate market here: Forbes/charlotte
Specific advanced market information is available to clients.
Are you considering a move to Charlotte? Like to see more Charlotte Homes and Communities?
Want more Charlotte information? If you’ve never visited Charlotte, try my video on the right hand column, it is fact-filled and has been well received. Search for Charlotte Real Estate? .Then if you like try the categories on the left… Fun Things to do, questions about North Carolina Real Estate, Ask-the-Broker FAQ’s , and A related post- South Charlotte Homes For Sale and Appreciation Report.
Most folks like pictures, and I like taking them, so I’ve published more than 1500 pictures
divided into 45 galleries, divided by community, area and fun things to do, see them at: Uptown Dilworth, SouthPark, Ballantyne Country Club, High Gate and more. (Pictures are of the Imaginon children’s library on the left, and the light rail Lynx on right)
Concerned about the market? Here are couple of recent articles about the strong Charlotte real estate market by Forbes.com and ABC News
To learn more about me, and my business in Charlotte, visit TerryMcDonaldRealEsate.com, my easy to use search for houses, condos, land or multifamily~
Please don’t hesitate to call me direct with your Charlotte real estate needs and questions, 704-351-1519
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Charlotte, NC| Condos for Sale in Uptown Charlotte
January 7th, 2008 Categories: Buy A Charlotte Home, Uptown Charlotte
Options for Condos in Uptown Charlotte are growing.
At last count there were 14 new condominium complexes being built in Uptown Charlotte, and with the Avenue and Trademark now having residents, there is a better selection of condos NOW and in the future. All of these new choices and the over
all affordable real estate market in the Charlotte area has led to very fair prices for Uptown condos. Compare these prices to any major city price… Below is a breakdown of Uptown condos currently available:
There are 18 condos for sale for less than $200,000
There are 96 condos for sale for less than $300,000, but more than 200k
There are 64 condos for sale for less than $400,000, but more than 300k
There are 54 condos for sale for less than $500,000, but more than 400k
There are 49 condos for sale for less than $750,000, but more than 500k
There are 24 condos for sale for more than $750,000. The most expensive condo on the market is priced at $2,189,900. The unit will offer (not built yet) 3 bedrooms and 3|1 baths along with 3,218 square feet. 10 years ago very few people lived in the Uptown area. This is changing as many professionals prefer to avoid traffic and the daily commute. Living Uptown also puts you right in the middle of Charlotte’s night life. As more people are choosing to live in Uptown more condominium complexes are being built. In another 10 years it will be much more expensive to live in Uptown Charlotte.
Want more Charlotte information? Search for Charlotte Real Estate…
If you’ve never visited Charlotte, try my video on the right hand column, it is fact-filled and has been well received. Then if you like try the categories on the left… Fun Things to do, questions about North Carolina Real Estate, Ask-the-Broker FAQ’s , A related post- South Charlotte Homes For Sale and Appreciation Report.
Most folks like pictures, and I like taking them, so I’ve published more than 1500 pictures divided into 45 galleries, divided by community, area and fun things to do, see them at: Uptown Dilworth, SouthPark, Ballantyne Country Club, High Gate and more. (Pictures are of the Imaginon children’s library on the left, and the light rail Lynx on right)
Concerned about the market? Here are couple of recent articles about the strong Charlotte real estate market by Forbes.com and ABC News
To learn more about me, and my business in Charlotte, visit TerryMcDonaldRealEsate.com, my easy to use search for houses, condos, land or multifamily~
Please don’t hesitate to call me direct with your Charlotte real estate needs and questions, 704-351-1519
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Charlotte, NC| Trademark Condos in Uptown Charlotte Lookin’ Good
January 4th, 2008 Categories: Uptown Charlotte
Trademark Condos in Uptown Charlotte,
a new high-rise condominium complex, offers a great mix of amenities and convenient Uptown living. Half a block away from the intersection of Trade
and Tryon it is hard to argue with Trademarks location. Trademark offers several different floor plans at different price points. Condos range from the 180’s to the 750’s; the main differences in the price points are bedrooms, bathrooms, square feet, floor level and parking spaces. Trademark has an impressive pool on the 7th floor with an outdoor grill area, a workout area, and a lounge area, overlooking Panther stadium and the future baseball park.. Although Trademark is classified as a high-rise at 28 floors it feels more like a mid-rise as it only has 202 units and a friendly, open design.
Lobby art on the right.
For more information on Uptown living click here:
CharlotteCommunitiesOnline.com/Uptown
Like to see more Uptown pictures? Here you go.
Are you considering a move to Charlotte? Like to see more Charlotte Homes and Communities?
Want more Charlotte information? If you’ve never visited Charlotte, try my video on the right hand column, it is fact-filled and has been well received. Search for Charlotte Real Estate? Then if you like try the categories on the left… Fun Things to do, questions about North Carolina Real Estate, Ask-the-Broker FAQ’s … or a related post- South Charlotte Homes For Sale and Appreciation Report
Most folks like pictures, and I like taking them, so I’ve published more than 1500 pictures divided into 45 galleries, divided by community, area and fun things to do, see them at: Uptown Dilworth, SouthPark, Ballantyne Country Club, High Gate and more. (Pictures are of the Imaginon children’s library on the left, and the light rail Lynx on right)
Concerned about the market? Here are couple of recent articles about the strong Charlotte real estate market by Forbes.com and ABC News
To learn more about me, and my business in Charlotte, visit TerryMcDonaldRealEsate.com, my easy to use search for houses, condos, land or multifamily~
Please don’t hesitate to call me direct with your Charlotte real estate needs and questions, 704-351-1519
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ImaginOn, A Charlotte Treasure
December 28th, 2007 Categories: Things To Do Charlotte, Uptown Charlotte
ImaginOn in Charlotte NC is a joint venture of two award winning children’s programs in Charlotte, the City of Charlotte 
Public Children’s Library and the Children’s Theater of Charlotte. This innovative children’s library and theater are located in their own building on 6tth street, a 100′ from a Lynx station, across the street from Bobcat stadium. There is also free parking beneath.
ImaginOn December Newsletter
Programs and Events for Children and Teens
This is a hands on learning zone for children of all ages.
*Exterior picture courtesy of Holzman and Moss
And if you live in South Carolina, Ballantyne, Pineville or South Charlotte, why not take the Lynx in? It’s easy and will add to the adventure of the day.
Are you considering a move to Charlotte? Like to see more Charlotte Homes and Communities? Search for Charlotte Real Estate? 
Then I hope you will visit my Charlotte photo galleries, more than 1500 pictures divided into more than 45 galleries, divided by area and fun things to do, have a look at: Uptown Dilworth, SouthPark, Ballantyne Country Club, High Gate.
Here are couple of recent articles about the strong Charlotte real estate market by Forbes.com and ABC News To learn more about me, and my business in Charlotte, visit TerryMcDonaldRealEsate.com, my easy to use home, condo, land or multifamily~
Please don’t hesitate to call me direct with your Charlotte real estate needs and questions, 704-351-1519
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Charlotte NC|4 New Uptown Charlotte Condo Photo Galleries
December 23rd, 2007 Categories: Uptown Charlotte
Uptown Charlotte| Condo Sales are Booming in 2007!
Condominium 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 for those interested in Uptown Charlotte living:
The Avenue,
a block from “Main and Main” (Trade and Tryon), approx 400 condos, 1 br from 235K, 2 br from $383,700, HOA-condo fee about 30cents a sf, great amenities, 90% sold out,(on right) The Avenue
Another hi-rise, the
Trademark,
on Trade, a block from Tryon, 1 br from 255,900, 1br w/den from 315,900, and 2br2ba from $479K, with 2 parking spaces- one side overlooks Panther Stadium (left) Trademark
Another option is the
Court 6 Complex. 
Court 6 (right) is a 4 story mid-rise complex located in the 1st Ward next to Courtside Condos. A block from Bobcats Arena these condos are aptly named. Granite counter tops, hardwood floors and ceramic tile in the master bedroom come standard. 2bd2ba units begin around 300k with HOA fees of $258. At 525 6th St the Court 6 complex is also only a few blocks from the city center.
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Charlotte NC|Uptown Condo Prices Up in 2007
December 21st, 2007 Categories: Buy A Charlotte Home, 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…Â
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
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