Charlotte Commercial Condo Market Report — Mecklenburg County — Week Ending October 28, 2026
Charlotte–Mecklenburg commercial-condo activity is running below the matched 2025 pace, but pricing is mixed by category. From January 1 through October 28, 2026, the market recorded 70 qualified sales totaling $51,783,500. That is −21 sales; −23.1% and −$20,271,415; −28.1% versus the same period in 2025. Overall median price per square foot edged +$1.14/SF; +0.4% higher to $285.14, while average price per square foot moved −$9.81/SF; −3.3% lower to $291.01.
Data status: County source refreshed October 28, 2026. The verified Sales History ledger independently reconciles all current sale candidates through that cutoff. No new candidates, exceptions or qualified sales were added; the latest qualified sale remains September 30, 2026.
What does the Charlotte commercial condo market show at a glance?
| Category | 2026 sales | 2026 volume | Median $/SF | Average $/SF | Matched 2025 comparison | Confidence |
|---|---|---|---|---|---|---|
| Office | 45 | $24,237,500 | $291.60 | $301.50 | Count −12; −21.1%; volume −$19,020,000; −44.0%; median −$9.25/SF; −3.1% | Moderate |
| Industrial / Warehouse | 14 | $10,147,000 | $177.52 | $173.66 | Count −8; −36.4%; volume −$4,146,415; −29.0%; median −$8.11/SF; −4.4% | Limited |
| Medical | 7 | $7,860,500 | $412.37 | $355.20 | Count 0; 0.0%; volume −$2,853,500; −26.6%; median −$38.14/SF; −8.5% | Small sample |
| Retail (includes Commercial) | 4 | $9,538,500 | $441.62 | $471.44 | Count −1; −20.0%; volume +$5,748,500; +151.7%; median +$160.01/SF; +56.8% | Small sample |
How is the Charlotte office-condo market performing?
Office remains the deepest category with 45 qualified sales totaling $24,237,500. The median was $291.60 per square foot and the average was $301.50. Compared with 57 sales in the matched 2025 period, activity decreased −12 sales; −21.1%; dollar volume decreased −$19,020,000; −44.0%; and the median decreased −$9.25/SF; −3.1%. With the largest sample, office provides the clearest countywide context, though complex-level evidence still matters.
What is happening with Charlotte industrial and warehouse condos?
Industrial/warehouse condos recorded 14 qualified sales totaling $10,147,000. The median was $177.52 per square foot and the average was $173.66. Sales count decreased −8; −36.4%, volume decreased −$4,146,415; −29.0%, and median price per square foot decreased −$8.11/SF; −4.4%. The 14-sale sample is useful but remains sensitive to property mix.
What is happening with Charlotte medical condos?
Medical condos recorded seven qualified sales totaling $7,860,500, the same sale count as the matched 2025 period. Dollar volume decreased −$2,853,500; −26.6%, and median price per square foot decreased −$38.14/SF; −8.5% to $412.37. A seven-sale sample is too small to apply directly to an individual suite.
How are Charlotte retail condos performing?
Public Retail reporting pools eligible Retail Condominium and Commercial Condominium transactions. The combined category recorded four qualified sales totaling $9,538,500. Versus the matched 2025 period, count decreased −1; −20.0%, while volume increased +$5,748,500; +151.7% and median price per square foot increased +$160.01/SF; +56.8% to $441.62. These large percentage moves reflect a four-sale sample and should not be read as a uniform change in retail property values.
Which Charlotte commercial condo complexes have been most active?
Carmel South Professional Park Condos, Fairway Office Condominiums, Fox Run Business Park Condos and Park Cedar Professional Park each recorded three qualified 2026 sales through October 28. Activity is dispersed, and the most relevant comparison for an owner is usually the same complex or a closely competing property.
Which transactions stand out?
- The Arlington Condominium recorded a $4,050,000 Retail-category transaction on August 19 at $637.09 per square foot.
- The Fountains Condos recorded a $3,000,000 Retail-category package transaction on September 15 at $391.64 per square foot.
- Carmel South Professional Park recorded a $2,623,000 Office-category package transaction on March 16 at $398.03 per square foot.
- 200 Queens Office Condominium recorded a $2,600,000 transaction on June 2 at $418.41 per square foot.
- Coltsgate Medical Office recorded a $2,484,000 transaction on March 26 at $499.30 per square foot.
- D’Evans Project Condominium recorded a $2,400,000 Industrial/Warehouse transaction on September 17 at $148.15 per square foot.
What do these results mean for Charlotte commercial-condo owners?
Owners should separate market direction from property-specific value. Office offers the broadest evidence, while Medical and Retail percentages come from small samples. Industrial/warehouse results also depend heavily on building size, loading, clear height, office finish and location. Before pricing a unit, compare its complex, association, condition, use rights, occupancy and truly comparable sales.
Explore permanent market intelligence for Charlotte office condos, Charlotte medical condos, Charlotte retail condos, and Charlotte small-bay industrial/flex condos.
Frequently asked questions
Were there any new qualified commercial-condo sales this week?
No. The October 28 refresh added no new candidates or qualified sales; the latest qualified transaction remains dated September 30, 2026.
Which category has the strongest current evidence?
Office condos have the deepest 2026 sample with 45 qualified sales, supporting Moderate confidence in countywide context.
Does Retail include Commercial Condominium transactions?
Yes. Retail combines eligible Retail Condominium and Commercial Condominium transactions. The underlying source classifications are preserved, and each qualified transaction is counted once.
Can countywide statistics determine my condo’s value?
No. A specific unit’s market position depends on its complex, location, condition, permitted use, parking, occupancy and the quality of relevant comparable sales.
How the reports are calculated
Data comes directly from Mecklenburg County public records and Jeff Taylor’s boots-on-the-ground—or, more accurately, loafers-on-the-ground—field research, including weekly visits to medical, office, retail, and small-bay industrial/flex condo properties and complexes throughout Charlotte–Mecklenburg County. The information is organized and analyzed through Jeffrey™, the Jeff Taylor Team’s Commercial Condo Intelligence Platform. Only qualified market transactions are included; excluded, unqualified, and unclassified transfers are omitted.
About Jeff Taylor
Jeff Taylor — The Commercial Condo Broker is a licensed North Carolina and South Carolina real estate broker with NorthGroup Real Estate and more than 35 years of local Charlotte market experience.
Thinking about selling a commercial condo? Contact Jeff Taylor for a property-specific discussion grounded in verified complex-level evidence.
This report is market information, not an appraisal or opinion of value for a specific property.