Charlotte Real Estate & More: Charlotte Real Estate Market Report | Uptown Third Ward | OCT 2011

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Charlotte Real Estate Market Report | Uptown Third Ward | OCT 2011

Charlotte Real Estate Market Report | Uptown Third Ward

 

Third Ward Uptown Charlotte NCCharlotte’s Third Ward Offers so much more to residents than you can possibly imagine;  Uptown Charlotte Third Ward simply has it all!  Third Ward includes a sports and entertainment area focused on Bank of America Stadium and a planned AAA baseball stadium with a 5-acre park.  If you’re into an unbelievable culinary experience, fabulous restaurants, all within walking distance, are plentiful, including Charlotte’s prized Johnson & Wales University.

Third Ward Uptown Charlotte‘s residential neighborhoods are a mix of single-family homes, apartments and condominiums, with dozens of new developments planned, under construction and nearing completion.  Anchoring the west side of Third Ward is Bank of America’s new 1.5 million square foot mixed use complex called Gateway Village.  This innovative complex combines technology-oriented office space, over 500 residential units, a public park and is surrounded by lots of nifty shops and a variety of restaurants.

Two bedroom, two bath condos are the most sought-after in the Uptown Charlotte Third Ward area.  Here is the most recent market absorption trend for the area.  The Third Ward real estate market absorption trend continues to reflect a flat market in the entire Uptown area.  Homes are moving but, slowly; the good news…despite slow sales in the area, the supply is decreasing with fewer added condos coming on the market, giving time for those currently on the market to move and interest rates remain at near-historic lows.

View condos for sale in Uptown Charlotte Third Ward.

Originally posted at www.iCharlotteRealEstate.com

Charlotte NC Real Estate Market Report Uptown Third Ward

 

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Debe Maxwell, CRS/Realtor®/Broker
Broker@TheCharlotteScoop.com
Phone (704) 491-3310

     

  
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23 comments • Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods • October 30 2011 11:54PM

Comments

I love your ultra professional market report, and I like the use of the QR codes. I've got to get moving on that. FYI: I did get a 404 error when I tried to view the condos from the link after the 4th paragraph,

Posted by Melissa Zavala Realtor® North San Diego County Homes (Broadpoint Properties) 7 months ago

Debe - nice market update.  I've always wanted to visit Charlotte, and your opening photo makes it very inviting. 

Posted by Laura Allen, Lake Tahoe Homes, Property for Sale. www.TahoeLauraLuxuryHomes.com (Coldwell Banker, Tahoe City, CA (530) 414-1260) 7 months ago

Very nice report. Selling prices coming down but price per sq.ft. going up with smaller units.

Posted by Gary L Waters PLLC- Broker Associate Realtor® Melbourne Viera Rockledge FL (Century 21 Baytree Realty, 1211 Admiralty Blvd, Rockledge) 7 months ago

Debe

Living in the third ward in Uptown Charlotte North Carolina in a great place to live.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO, (Ludwig & Associates) 7 months ago

Hi Debe - excellent market report and love the graphs and QR code. You cover every angle which is why you are the go to Realtor in Charlotte, NC.

Posted by Sharon Paxson Newport Beach Real Estate (Prudential California Realty, DRE License 01501912) 7 months ago

Wow Debe this is an excellent market report on the Third Ward. This is a one stop post for those seeking local and in depth real estate information.

Posted by Doug Anderson's Tri-Valley Real Estate Views (Executive Brokers Real Estate Group) 7 months ago

Good morning Debe,

As always an excellent presentation on market absorption trends in Charlotte Uptown Third Ward!

Posted by Dorie Dillard Realtor® Canyon Creek NW Austin TX homes for sale (Coldwell Banker United Realtors) 7 months ago

Nice report Debe, thanks for sharing.

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