Posted On: February 22, 2010 By: admin
Uptown Charlotte’s First Ward Calendar Year Activity for 2009.
During the calendar year 2009 First Ward in Uptown Charlotte enjoyed steady selling activity! By the last day of the year, 20 townhouses/condos had sold. These 20 townhouses were on the market an average of 92 days. The average heated square footage of these 20 units was 957 square feet. The average list price was $208,369, and the average sold price was $198,275. These properties sold for an average 95% of the list price.
Eleven of the 20 units had more than one bedroom. Nine units had one bedroom, one unit had three bedrooms, and ten had two bedrooms. The third quarter of the year was the busiest in sales. Ten units sold during the third quarter, while the second quarter came in second with six closed sales. The first quarter of 2009 saw three closed sales, and the fourth quarter had only one closed sale in First Ward.
Courtside Condos at the corner of East Sixth and Caldwell Streets enjoyed the majority of the sales. Of the 20 units sold, six were at Courtside Condos, or 30% of the units sold in First Ward during 2009. Court 6 Condos located on 6th Street, between N. Davidson and Caldwell followed Courtside Condos with 3 sales, or half the sales of Courtside, during 2009.
Looking at 2010 year to date, First Ward currently has 18 townhouses or condos on the market, and one unit pending the closing of the sale. There have been no closed sales in First Ward year to date.
Category: First Ward