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Chuck Graham Real Estate Consultant

          

Chuck Graham

CHARLOTTE Market
 Mecklenburg County-Growth Corridors
New Attached For Sale
 (Condominiums and Townhomes)

Twelve Months Ending 1Q7

Percentage Market Shares

     
CHARLOTTE MARKET              
Cabarrus, Iredell, Mecklenburg, York, Union, Gaston, Lincoln, and Lancaster Counties      
Growth Corridors                
New Attached For Sale (Condominiums and Townhomes)          
Twelve Months Ending 1Q07              
               
Percentage Market Shares              
               
Corridor/Quintile I II III IV V TOTALS    
               
  $123,000 $147,000 $183,000        
Price <$ 123,000 147,000 183,000 250,000 >$ 250,000      
               
NORTH 1.72 2.87 2.26 1.76 2.00 10.61    
Mecklenburg 1.44 1.76 0.78 0.91 1.83 6.72    
Iredell 0.22 0.87 1.37 0.85 0.17 3.48    
Lincoln 0.07 0.24 0.11 0.00 0.00 0.41    
               
NORTHEAST 2.31 3.65 2.46 1.76 0.28 10.46    
Mecklenburg 2.09 2.59 1.59 0.74 0.15 7.16    
Cabarrus 0.22 1.07 0.87 1.02 0.13 3.31    
               
NORTHWEST 1.87 0.85 0.57 0.00 0.00 3.28    
Mecklenburg 1.87 0.74 0.41 0.00 0.00 3.02    
Gaston 0.00 0.11 0.15 0.00 0.00 0.26    
               
SOUTH 2.44 2.61 5.44 6.94 7.02 24.45    
Mecklenburg 0.22 0.80 3.78 6.74 6.96 18.51    
Lancaster 2.22 1.81 1.65 0.20 0.07 5.94    
Union 0.00 0.00 0.00 0.00 0.00 0.00    
               
SOUTHEAST 2.96 1.54 1.35 0.63 0.50 6.98    
Mecklenburg 2.94 0.39 0.07 0.43 0.48 4.31    
Union 0.02 1.15 1.28 0.20 0.02 2.68    
               
SOUTHWEST 5.68 4.46 3.65 3.07 0.76 17.62    
Mecklenburg 1.46 0.67 1.54 1.30 0.07 5.05    
Gaston 0.11 0.09 0.04 0.09 0.07 0.39    
York 4.11 3.70 2.07 1.67 0.63 12.18    
               
SUBTOTAL 16.96 15.99 15.72 14.16 10.57 73.40    
Mecklenburg 10.00 6.96 8.18 10.13 9.48 44.76    
Surrounding 6.96 9.03 7.55 4.02 1.09 28.64    
               
REMAINDER 2.98 3.87 4.37 5.85 9.53 26.60    
Mecklenburg 1.17 3.13 4.05 5.79 9.42 23.55    
Cabarrus 0.00 0.00 0.00 0.00 0.00 0.00    
Gaston 0.00 0.00 0.00 0.00 0.00 0.00    
Iredell 0.15 0.00 0.00 0.07 0.09 0.30    
Lancaster 0.00 0.00 0.00 0.00 0.00 0.00    
Lincoln 0.00 0.00 0.00 0.00 0.00 0.00    
Union 0.02 0.00 0.02 0.00 0.00 0.04    
York 1.63 0.74 0.30 0.00 0.02 2.70    
               
TOTAL 19.94 19.86 20.10 20.01 20.10 100.00    
Mecklenburg 11.18 10.09 12.22 15.92 18.90 68.31    
Cabarrus 0.22 1.07 0.87 1.02 0.13 3.31    
Gaston 0.11 0.20 0.20 0.09 0.07 0.65    
Iredell 0.37 0.87 1.37 0.91 0.26 3.78    
Lancaster 2.22 1.81 1.65 0.20 0.07 5.94    
Lincoln 0.07 0.24 0.11 0.00 0.00 0.41    
Union 0.04 1.15 1.30 0.20 0.02 2.72    
York 5.74 4.44 2.37 1.67 0.65 14.88