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.

 

 

3 Comments on Cabarrus County NC Market Update for November 2006

DEC
06
2006
837,150 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

Maybe all of the buyers in Maryland have moved to North Carolina. 

It takes about 30% more income in Maryland to match the standard of living in Charlotte.  Wouldn't blame them. 

Our new figures will be out in 2-3 days.  It will be interesting.  Our leads are still very slow. 

 

3:26pm • #1
186,479 Points 28 Featured Posts Outside Blog
We like your Maryland buyers except that they're all contingent right now and your listings aren't moving all that fast!   feel free to send buyers my way, i'll send you listing leads if i catch them first.  buyers are still amazed that they get so much more for the money here.
3:34pm • #2
321,345 Points 64 Featured Posts Localism Sponsor Outside Blog
We are lucky to be in NC...our market is strong...amd we have such a beautiful place to be strong in
10:42pm • #3

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

Leigh Brown Charlotte NC Broker/Owner

Charlotte, NC

More about me…

RE/MAX Signature Properties

Address: 7752 Gateway Lane, Suite 200, Concord, NC, 28027

Office Phone: (704) 688-5005

Cell Phone: (704) 507-5500

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find NC real estate agents and Charlotte real estate on ActiveRain.