Charlotte, NC: Uptown Condos for Sale Market Report
Charlotte North Carolina has been growing rapidly for 25 years and in the last 10 years, our
downtown, known locally as Uptown, has joined in... and in a big way. In the last 12 months, two major condo high-rises have completed and closed- The Avenue (pic on left, pool on rt) and Trademark. 5th and Poplar completed its large conversion. Home Depot opened, Target and a bunch more retail has opened at the Metropolitan, and the Epicenter will add another 300,0000 sf of retail and entertainment to the city center. (the city's first theaters and bowling) That's the new retail- but there are also two 5 star hotels under construction- a Ritz-Carlton, and a block away, the top of the Marriot chain, the "W". And two large commercial high-rise projects as well, a 32 story Bank of America addition and the new Wachovia Center, the future Wachovia HQ on 2 city blocks, with 3 museums, is well under way- see the photo below.
In what will amount to a pause, due to new financing constraints, two condo projects have been put on hold, but another 10-12 move forward... and this is in the midst of a housing slump! The condo selection in Charlotte has also widened. If you prefer older, larger- more sf- condominiums try St Peter's in the 4th Ward; if you're looking for a high rise with an active community look into the Trademark Complex in the 3rd Ward. Mid- rise? Why not 5th and Poplar?
They are all here.
Below is a breakdown of the condos for sale in Uptown Charlotte:
There are 19 condos for sale for less than $200,000
There are 130 condos for sale for less than $300,000 but more than $200k
There are 87 condos for sale for less than $400,000 but more than $300k
There are 140 condos for sale for more than $400,000
If you'd like to look at more Uptown condo communities(over a dozen!) please visit my Uptown Charlotte Photo Gallery, and see other Charlotte photos at Charlotte Community Photos. If you'd like to look for the perfect condo, or a home you may Search the MLS on my easy to use search site or call me, Terry, direct at 704 -351-1519.
There are also s amll number of (mostly) historic single familes available from time to time. Call me if you'd just like to talk about these possiblities... Terry 704-351-1519
http://www.charlotterealestatehomesandcondos.com/002771
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