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 in Weddington NC
2009 Average Sales Price: $599,265 First Quarter 2010 Average Sales Price: $602,450 Second Quarter 2010 Average Sales Price: $577,382 Third Quarter 2010 Average Sales Price: $584,821
2009 Number of Homes Sold: 61 First Quarter 2010 Number of Homes Sold: 14 Second Quarter 2010 Number of Homes Sold: 29 Third Quarter 2010 Number of Homes Sold: 25
2009 Average Days on Market: 173 First Quarter 2010 Average Days on Market: 196 Second Quarter 2010 Average Days on Market: 110 Third Quarter Average Days on Market: 225
Source: Carolina Multiple Listing Service
Most Active Neighborhoods in Weddington NC
The most active Weddington NC neighborhoods are listed below. Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.
Copyright 2010. Carol Fox. Allen Tate Realtors. *Weddington NC Real Estate Market Report—July-September 2010*
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