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weddington nc real estate market: The First Quarter 2012 Weddington NC Real Estate Market--Three Facts - 04/15/12 05:16 AM
The First Quarter 2012 Weddington NC Real Estate Market—Three Facts
It's time to look at the real estate market in Weddington NC and to assess how home buyers and home sellers fared during the first quarter of 2012.
Here are three facts about the Weddington marketplace in January to March 2012.
The median closed price in the first quarter was $416,300, an amount slightly above the median price in 2011 but lower than previous years. Median days on market was 89, the same as 2011. New construction and market resales accounted for over 90% of all Weddington sales during the … (0 comments)

weddington nc real estate market: The 2011 Weddington NC Real Estate Market--Four Facts - 02/05/12 01:49 PM
The 2011 Weddington NC Real Estate Market—Four Facts
It's time to look at the real estate market in Weddington NC and to assess how home buyers and home sellers fared in 2011.
Here are four facts about the Weddington marketplace in 2011.
The number of homes sold was the same as the number sold in 2010 and more than units sold in 2008 or 2009. The median sales price of $412,500 continued declining in 2011, down 13.1% from 2010 and off 27.3% since 2008. New construction accounted for only 11% of all sales in 2011. Distressed sales made up a … (0 comments)

weddington nc real estate market: Highgate in Weddington NC Real Estate Market Report--2011 Year-to-Date Review - 11/03/11 05:42 PM
Highgate in Weddington NC Real Estate Market Report—2011 Year-to-Date Review
Beautiful stone gates announce your arrival in Highgate, a WeddingtonNC neighborhood just minutes from the interchange of I-485 and Providence Road.  A wooded and landscaped entry road winds through this luxury neighborhood of upscale homes of stone and brick.  Large heavily wooded lots ensure privacy for Highgate homeowners.
Highgate Real Estate Market Comparison
A detailed comparison of the 2011 year-to-date real estate market in Highgate can be found in the tables below.  What can Highgate buyers and sellers learn from these statistics?
Thirty percent of the sales year-to-date in Highgate have … (0 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--July-September 2011 - 10/10/11 02:49 PM
Weddington NC Real Estate Market Report—July-September 2011
The number of homes sold in Weddington NC during the third quarter of 2011 increased by 47.8% but the median sales price dropped 10.5% to $369,000.  Days on market improved to three months.
What do the third quarter 2011 numbers mean for Weddington NC buyers and sellers?
Sellers in Weddington are seeing a downward pressure on pricing in 2011. Housing remains more affordable for buyers in Weddington than recent years.  Single Family Homes
Source: Carolina Multiple Listing Service
Most Active Neighborhoods in Weddington Third Quarter 2011
The following neighborhoods had the most sales activity … (0 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--April-June 2011 - 07/04/11 10:24 AM
Weddington NC Real Estate Market Report—April-June 2011
Weddington NC is home to large lots and luxury neighborhoods.  The real estate market in Weddington during the second quarter of 2011 improved over the first quarter.  Twenty three homes sold during this time period compared with only 13 during the first quarter.  The median sales price improved slightly over the first quarter.  Median days on market declined 17.3% in the second quarter.
What do the second quarter 2011 numbers mean for Weddington buyers and sellers?
Sellers in Weddington may find the market improving as more buyers mean stabilizing prices and fewer days on … (0 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--January-March 2011 - 04/11/11 03:35 PM
Weddington NC Real Estate Market Report—January-March 2011
Thirteen homes sold in Weddington NC during the first quarter of 2011.  The median price of $410,000 represented a 15.7% drop from the median price in 2010.  The highest priced Weddington home in the first quarter sold for $975,000.  Median days on market increased almost 40% from 2010.
What do the first quarter 2011 numbers mean for Weddington buyers and sellers?
Pricing for Weddington NC sellers continues to decline and days on market continues to increase.    Buyers for properties in Weddington can find the best values in years. Single Family Homes
Source: Carolina Multiple … (0 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--Year 2010 - 01/17/11 10:48 AM
Weddington NC Real Estate Market Report—Year 2010
How did the Weddington NC real estate market fare during 2010 and how did 2010 market activity compare with 2009 and 2008?
The tables below compare the Weddington NC real estate market for years 2008 through 2010.  90 single family homes closed in Weddington in 2010.  The highest priced single family home sale was $2,275,000.   The median list to sale ratio in 2010 was 94%.
Single Family Homes in Weddington NC
The median sales price in Weddington declined each year from 2008.  This decline most likely reflects the large number of luxury homes in … (0 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--July-September 2010 - 11/02/10 02:28 PM
Weddington NC Real Estate Market Report—July-September 2010
How did the Weddington NC real estate market fare in the third quarter of 2010 and how does 2010 market activity compare with 2009?
The average sales price in Weddington NC rose in the third quarter of 2010 compared with the second quarter 2010 but dropped off from the average sales price in 2009.  The price changes were slight as prices rose 1% over the second quarter and fell 2% from 2009 prices.  The number of homes sold in the third quarter was off 13% from the second quarter of 2010.
Single Family Homes … (0 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--April-June 2010 - 07/25/10 03:40 PM
Weddington NC Real Estate Market Report—April-June 2010
How did the Weddington NC real estate market fare during the second quarter of 2010 and how did it compare with 2009? 
The average sales price in Weddington NC during the second quarter 2010 dropped 4% from the average sales price in the first quarter 2010 and 3% from 2009 average prices.  The number of homes sold doubled in the second quarter over the first quarter and average days on market dropped 43%.
Weddington NC Average Real Estate Prices, Homes Sold, and Average Days on Market
The chart below shows average sales prices in … (0 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--January-March 2010 - 04/20/10 10:32 AM
Weddington NC Real Estate Market Report—January-March 2010
How did the Weddington NC real estate market fare during the first quarter of 2010 and how did it compare with 2009? 
The average sales price in Weddington NC increased during the first quarter of 2010 over the 2009 average sales price.  The number of homes sold in the first quarter were up relative to 2009.  Days on market increased somewhat during the first quarter 2010.
Weddington NC Average Real Estate Prices, Homes Sold, and Average Days on Market
The chart below shows average sales prices in Weddington NC for single family homes in … (0 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--2009 - 01/20/10 09:12 AM
Weddington NC Real Estate Market Report—2009
How did the Weddington NC real estate market fare in 2009 and how did it compare with 2008? 
Weddington NC average real estate prices held up better in 2009 than most areas in Union County NC.  Average prices were down only 4% year-over-year.  Weddington saw 16% fewer sales in 2009 and sellers waited longer to sell their homes with average days on market up 35%.
Weddington NC Average Real Estate Prices, Homes Sold, and Average Days on Market
The chart below shows average sales prices in Weddington NC for single family homes in 2008 and … (1 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--July to September 2009 - 10/28/09 10:26 AM
How did Weddington NC real estate market activity in the third quarter of 2009 compare with the second quarter?
This post will summarize third quarter 2009 real estate sales in Weddington NC plus compare changes in sales data with second quarter 2009 results.  The chart shows average sales prices in Weddington NC for 2008 and each quarter of 2009.
Weddington NC Real Estate Market Report--July to September 2009
Single Family Homes in Weddington NC
Number of Sales:  17
Change from second quarter:  +41%
Average Price:  $597,429
Change from second quarter:  +8% 
Average Days on Market:  205
Change from second quarter:  … (0 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--April to June 2009 - 09/07/09 10:20 AM
How did Weddington NC real estate market activity in the second quarter of 2009 compare with the first quarter?
This post will summarize second quarter 2009 real estate sales in Weddington NC plus compare changes in sales data with first quarter 2009 results.
Weddington NC Real Estate Market Report--April to June 2009
Single Family Homes in Weddington NC
Number of Sales:  12
Change from first quarter:  no change
Average Price:  $549,814
Change from first quarter:  -17% 
Average Days on Market:  170
Change from first quarter:  no change
Most Active Neighborhood:  Highgate, Providence Place
Current Active Listings on Market:  136
Change … (3 comments)

weddington nc real estate market: Weddington NC Real Estate Market Report--January to March 2009 - 04/21/09 03:43 PM
What happened in the Weddington NC real estate market during the first three months of 2009?
This post will summarize first quarter real estate sales in Weddington NC plus compare average sold prices with 2008 closed prices.
Weddington NC Real Estate Market Report--January to March 2009
Single Family Homes in Weddington NC
Number of Sales:  12
Price Range:  $175,000 to $1,820,000
Average Heated Area:  4860 sq.ft.
Average Price:  $666,970
Average 2008 Price:  $619,683    Change: +7%
Average Days on Market:  173
Number of Contracts Pending:  7
Most Active Neighborhood:  Stratford on Providence
Current Active Listings on Market:  153
Source:  Carolina Multiple Listing … (0 comments)

 
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