March 2011 Uptown Charlotte Condo Report!

March 2011 Uptown Charlotte Condo Report!

There were 109 total listings on the market with an average list price of $281,688 and average price per square foot of $210.36

2 properties were conditional.
0 properties were contingent.
3 active due diligence.
12 expired listings.
8 properties were pending.
21 properties were withdrawn.

The 25 sold units had an average listing price of $297,948 and sold for of $281,688 with the average price per square foot of $210.36 and averaging 99 days on the market.

The 25 units that were sold for the month were located at,  1 The Vue Condos, 1 230 South Tyron Condos, 2 The Madison Condos, 2 400 North Church Condos, 2 Jefferson Square Condos, 3 Courtside Condos, 5 The Avenue Condos, 1 Gateway Plaza Condos, 1 The Poplar Condos, 1 The Ratcliffe Condos, 1 Alexanders on Ninth Condos, 2 Fifth and Poplar Condos, 1 Gateway Lofts, 1 Tivoli Condos, 1 First Row Warehouse Condos,

Category: Statistics

The Skye Condos in Uptown Charlotte Announced!

The Park Condo development has been renamed to Skye Condos.   The Park filed for bankruptcy several years ago and was auctioned off and eventually was sold off to the highest bidder.    The new owners obviously don’t want the bad vibe associated with “The Park” so they are changing the name to Skye Condos.

The Skye Condos will be a 22-story high rise development with a rooftop restaurant.  Some of the amenities the Skye condos will have include, valet service, pool, and a gym.  You can also expect some hotel types of amenities that include shuttle and cleaning service.  Those have yet to be confirmed, but I would bet those will be included.

Skye Condos will have 67 condos and 172 Hyatt Place Hotel rooms.  The condos will range from 800 to 3,800 square feet.  Parking will be on floors 2-6 and Hyatt brand hotel on floors 7 – 9 and 11-13, the 10th floor will feature a fabulous lobby and separate amenity areas for the hotel and guests and condos owners.

The rooftop will feature an 8,000 sq ft restaurant with an indoor and outdoor dining. The ground floor will also include 2,600 square feet of retail. Residents will also enjoy living in a great location as they will be within walking distance to Bobcats Arena and the EpiCentre.

Category: Second Ward