Wednesday, February 11, 2015

Minneapolis, MN (Champ) vs. Charlotte, NC (Challenger) - Who Wins in Housing?

                                (Click - ONCE - on the Image to Enlarge) 

Answer - Charlotte, NC (bottom table/graphic)

Statistically speaking, the median house in Charlotte costs $195,700 as compared to $206,553 in Minneapolis.  

Also, ASP/SF* for Charlotte is only $105, offering much better purchasing power than its counterpart at $145 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

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