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I appreciate the wealth of information on your website about the Charlotte area. As a real estate analyst with projects nationwide, it is nice to see information for the area "as is", without spins and sugar-coating. Thanks again for all of your help, research, and knowledge. D.S. Denver, Colorado

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Chuck Graham Newton Graham Consultants

 
 

CHARLES G. GRAHAM, AIA, LAI, MIRM

Charlotte Real Estate Market Report

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

 

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