Cabarrus County NC Market Update for November 2006
Friday, March 16, 2007
For the period of November 1-November 30, 2006 for Cabarrus County (including Kannapolis, Concord, Harrisburg, Mount Pleasant, and Midland). Data collected from Carolina Multiple Listing Service.
- 237 single family homes sold (a decrease of 2% vs same period 2005)
- Average 82 days on market (vs 95 same period 2005)
- Average sale price of $188,460 (an increase of 10.4%)
- Average list price of $191,188 (ratio of list price to sales price tighter at 98.5% (97.5% in Nov 2005))
This is a great time to buy in Cabarrus County-we're growing at a fast rate being so close to Charlotte-but just over the county line for lower property taxes and a strong public school system! The North Carolina Research Campus in Kannapolis is booming right along in its construction phase and is scheduled to be open for the first few companies in 2007. For more information on Cabarrus County, or more specific market information on any of these towns, contact Leigh Brown at leigh.brown@remax.net.



