Charlotte Luxury Condo Sales Up 56%

New Construction Charlotte Luxury Condo Sales skyrocketed 56%, from 95 sales to 148 sales in the last 12 months. 

  • The $500K-999K segment made up most of this growth: going from 88 to 139 sales, a 64% increase.
  • The $1M+ segment was relatively flat: 10 sales to 9 sales.
  • Supply of New Construction Luxury Condos is 8.5 months – so a slight advantage to “Buyers”

Condo - New - Sales

Resale Charlotte Luxury Condo Sales declined 17% from 138 to 114 sales.

  • The $500K-999K segment declined 21% going from 125 sales to 98.
  • The $1M+ segment grew 15%, from 13 to 15 sales.
  • Resale Supply of Resale Luxury Condos is 4.7 months, so a slight advantage to “Seller’s”

Condo Resale - Sales

For the 1st time ever, New Construction sales overtook Resale Luxury Condos.

  • New Construction accounted 56% of sales – up from 41% the prior year.
  • Resale accounted for 44% of sales – down from 59% the prior year.

Percentage Change

Interested in Condos For Sale in Charlotte? 

Just let me know and I’ll send all available properties, pictures, HOA cost, and other important details.   


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