University City Townhomes – Whats Hot, 1st Quarter 2009 Results
April 11th, 2009 Categories: Buy A Charlotte Home, Charlotte First Time Home Buyers, University City
A Charlotte Homes Market Report- University City Townhouses For Sale, Townhomes Sold
The University area, roughly the area in a 3-4 mile radius of the intersection of Rt 485 and Harris Boulevard, is one of Charlotte’s most important business areas-and one of Charlotte real estate’s most active areas. The first quarter was no different, townhouse sales here down 50% from last year, but prices are relatively firm, retreating to 2006 levels for median pricing. This speaks to the solid underlying values here, perfect for the first time home buyer.
University Townhouses For Sale, There are 236 Townhouse for sale, the median price is $110,500.
Lowest quarter prices:
59 Townhomes for sale form $35K-88K
59 Townhomes for sale from $89-$110K
59 Townhomes for sale from $111-$134
59 Townhomes for sale from $135K-$248K
University Townhomes Sold, there were 44 University City townhomes sold in the first quarter of 2009, the median price was $90,0000, the median cost per square foot was $67/sf-
with a ranged this way:
Lowest quarter Sold: $35-$59
2nd Quarter $60-$67
3rd Quarter $68-$80
4th quarter $80-$136
Hot University City Communities
None are “blazing”, but there are some trends,
3 Sales each
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