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”
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”
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.
Interested in Condos For Sale in Charlotte?
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