For data entered between October 1 and October 31 2006...

  • 228 single family properties sold. 
  • Average list price of $183,294 
  • Average sale price of $180,173
  • Average of 37 days on market. 

For the same period last year...

  • 241 single family properties sold
  • Average list price of $187,405 (decrease of 3%)
  • Average sale price of $184,163 (decrease of 3%)
  • Average days on market of 88 (decrease of 42%)

So houses are selling faster but for a little less money.  However, if you consider that there are carrying costs in those 88 days from last year, it's pretty close to being a wash. Still a very strong market and lots of great opportunities!

 

For additional information on Concord, Harrisburg, Kannapolis, or Mount Pleasant NC, call your local expert, Leigh Brown!