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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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CHARLES G. GRAHAM, AIA, LAI, MIRM

Charlotte Real Estate Market Report

   
CHARLOTTE MARKET          
Cabarrus, Iredell, Mecklenburg, York, Union, Gaston, Lincoln, and Lancaster Counties  
Growth Corridors            
New Attached For Sale (Condominiums and Townhomes)      
Twelve Months Ending 4Q07          
             
Percentage Market Shares          
             
Corridor/Quintile I II III IV V TOTALS
             
    $133,870 $170,500 $215,000    
Price <$ 133,870 170,500 215,000 277,000 >$ 277,000  
             
NORTH 1.13 4.68 2.81 2.17 2.36 13.17
Mecklenburg 0.38 3.36 1.35 2.03 2.36 9.48
Iredell 0.69 1.02 1.47 0.14 0.00 3.31
Lincoln 0.07 0.31 0.00 0.00 0.00 0.38
             
NORTHEAST 2.81 2.48 1.32 0.85 0.92 8.39
Mecklenburg 2.13 1.44 0.61 0.59 0.31 5.08
Cabarrus 0.69 1.04 0.71 0.26 0.61 3.31
             
NORTHWEST 1.04 0.64 0.12 0.00 0.07 1.87
Mecklenburg 1.04 0.54 0.12 0.00 0.07 1.77
Gaston 0.00 0.09 0.00 0.00 0.00 0.09
             
SOUTH 2.91 2.60 4.52 4.30 3.76 18.09
Mecklenburg 0.50 0.69 3.85 3.88 3.69 12.60
Lancaster 2.41 1.68 0.19 0.43 0.07 4.78
Union 0.00 0.24 0.47 0.00 0.00 0.71
             
SOUTHEAST 3.66 1.18 0.99 0.57 0.19 6.60
Mecklenburg 3.33 0.09 0.52 0.54 0.19 4.68
Union 0.33 1.09 0.47 0.02 0.00 1.91
             
SOUTHWEST 4.28 4.42 6.05 4.04 2.98 21.77
Mecklenburg 0.57 1.32 2.86 0.50 0.47 5.72
Gaston 0.07 0.31 0.28 0.07 0.02 0.76
York 3.64 2.79 2.91 3.48 2.48 15.30
             
SUBTOTAL 15.84 16.00 15.82 11.94 10.28 69.88
Mecklenburg 7.94 7.45 9.31 7.54 7.09 39.34
Surrounding 7.90 8.56 6.50 4.40 3.19 30.54
             
REMAINDER 4.16 3.97 4.11 8.09 9.79 30.12
Mecklenburg 2.27 3.52 4.07 7.85 9.69 27.40
Cabarrus 0.00 0.00 0.00 0.00 0.00 0.00
Gaston 0.00 0.00 0.00 0.00 0.00 0.00
Iredell 0.43 0.19 0.00 0.24 0.02 0.87
Lancaster 0.00 0.00 0.00 0.00 0.00 0.00
Lincoln 0.00 0.00 0.00 0.00 0.00 0.00
Union 0.00 0.00 0.00 0.00 0.00 0.00
York 1.47 0.26 0.05 0.00 0.07 1.84
             
TOTAL 20.00 19.98 19.93 20.02 20.07 100.00
Mecklenburg 10.21 10.97 13.38 15.39 16.78 66.74
Cabarrus 0.69 1.04 0.71 0.26 0.61 3.31
Gaston 0.07 0.40 0.28 0.07 0.02 0.85
Iredell 1.11 1.21 1.47 0.38 0.02 4.18
Lancaster 2.41 1.68 0.19 0.43 0.07 4.78
Lincoln 0.07 0.31 0.00 0.00 0.00 0.38
Union 0.33 1.32 0.95 0.02 0.00 2.62
York 5.11 3.05 2.96 3.48 2.55 17.14
             
 

 

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