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CHARLES G. GRAHAM, AIA,
LAI, MIRM
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Charlotte Real Estate
Market Report
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| STRATEGIC
SPACE MAP - Subdivisions |
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| Charlotte
Market |
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| Cabarrus,
Iredell, Mecklenburg, York, Union, Gaston, Lincoln, and Lancaster
Counties |
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| New
Single Family Detached |
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| Twelve
Months Ending 1Q08 |
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| Quintile
Shares |
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$
164,500 |
$
209,000 |
$
268,000 |
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| PRICE |
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<$
164,500 |
209,000 |
268,000 |
375,000 |
>$
375,000 |
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| Closings |
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3,185 |
3,185 |
3,185 |
3,185 |
3,185 |
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Total |
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Median |
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Share |
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Price |
| Quintile |
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I |
II |
III |
IV |
V |
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| QUINTILE
V |
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| MARVIN
CREEK(35) |
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0.45 |
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2.21 |
$
699,000 |
| BROOKHAVEN(10) |
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0.64 |
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2.74 |
$
593,000 |
| BAXTER(17) |
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0.59 |
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2.31 |
$
419,750 |
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| QUINTILE
IV |
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| STONE
CREEK RANCH(2) |
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1.74 |
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4.10 |
2.90 |
$
337,000 |
| CURETON(6) |
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0.80 |
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2.05 |
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$
315,500 |
| SKYBROOK(5) |
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0.91 |
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2.02 |
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$
309,000 |
| CAROLINA
LAKES /SC(1) |
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4.05 |
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3.19 |
4.52 |
7.57 |
4.87 |
$
294,940 |
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| QUINTILE
III |
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| BEREWICK(3) |
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1.53 |
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2.99 |
2.78 |
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$
254,000 |
| MOSS
CREEK(4) |
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1.26 |
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2.09 |
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$
245,000 |
| REGENT
PARK(8) |
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0.67 |
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1.87 |
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$
237,350 |
| BELAIR/CAROLINA
LK(9) |
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0.65 |
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2.12 |
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$
233,900 |
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| QUINTILE
II |
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| LEGACY
PARK(15) |
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0.60 |
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1.68 |
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$
203,210 |
| HAMILTON
LAKES(6) |
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0.80 |
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2.47 |
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$
191,000 |
| KINGSTREE(12) |
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0.63 |
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1.71 |
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$
181,000 |
| CEDAR
MILL(25) |
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0.48 |
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1.64 |
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$
180,500 |
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| QUINTILE
I |
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| BRANDON
RIDGE(43) |
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0.41 |
1.79 |
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$
148,000 |
| HUNTER
PARK(48) |
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0.38 |
1.79 |
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$
138,440 |
| MEADOW
HILL(37) |
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0.44 |
2.20 |
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$
136,000 |
| REID
MEADOWS(41) |
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0.43 |
2.14 |
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$
131,000 |
| CITISIDE
PLAZA(43) |
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0.41 |
2.08 |
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$
120,000 |
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| TOTALS |
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17.87 |
10.00 |
10.69 |
13.59 |
18.52 |
15.03 |
$
235,000 |
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| RELATIVE |
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| Leader |
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55.33 |
34.31 |
43.35 |
46.93 |
52.40 |
46.29 |
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