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Davidson Real Estate Market Update For April 2011

By
Real Estate Agent with Southern Homes of the Carolinas License# 219364

Davidson Homes
In April 2011 25 homes sold in Davidson, a 39% increase from the 18 homes sold in March 2011. April 2011 sales figures increased 9% from April 2010 when 23 homes sold in Davidson.

The average sales price increased 1% from $329,882 in March 2011 to $332,861 in April 2011. The April 2011 average sales price decreased 29% from the April 2010 average sales price which was $467,358.

Average days on the market decreased 22% from 151 days in March 2011 to 118 days on the market in April 2011. April 2010 average days on the market were 238, a 50% decrease in market time.

Currently there are 200 homes for sale in Davidson. The average home is a 3 bed/3 bath home with 2,906 square feeet and an average list price of $427,133, down 2% from March's average list price of $434,932. The average days on the market are 148. 32 homes in Davidson are currently under contract, down 20% from March.

See all Davidson NC homes For Sale

Davidson Condos & Townhomes
In April 2011 6 condos sold in Davidson, a 0% increase from the 6 condos sold in March 2011. April 2011 sales figures decreased 14% from April 2010 when 7 Davidson condos sold.

The average sales price increased 25% from $221,866 in March 2011 to $276,483 in April 2011. April 2011 average sales price increased 7.7% from the April 2010 average sales price which was $256,714.

Average days on the market increased 77% from 148 in March to 262 in April 2011. April 2010 average days on the market were 133.

Currently there are 78 condo/townhomes listed for sale in Davidson. The average unit is a 2 bed/2 bath home with 1,534 square feeet and an average list price of $229,114, down .7% from March's average list price of $230,825. The average days on the market are 261. 4 Davidson condos/townhomes are currently under contract, down 43% from March.

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Davidson Foreclosures
In April 2011 2 foreclosure properties sold in Davidson, a 0% decrease from the 2 foreclosure properties sold in March 2011. April 2011 sales figures increased 100% from April 2010 when 1 foreclosure sold.

The average sales price increased 112% from $234,950 in March 2011 to $498,000 in April 2011. April 2011 average sales price increased 132% from the April 2010 average sales price which was $215,000.

Average days on the market decreased from 115 in March 2011 to 64 in April 2011. April 2010 average days on the market were 319, an 80% decrease in market time vesus the same time period last year.

Currently there are 12 foreclosure or preforeclosure properties for sale in Davidson. The average list price is $200,925, down 25% from the March average list price of $269,369. The average days on the market are 231. 4 Davidson foreclosure properties are currently under contract, up 33% from March.

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If you would like to search for Davidson NC properties for sale please use the search on this page: Search Davidson NC Properties For Sale

Contact us at 866-525-3667 for all of your Davidson real estate needs!