Davidson Real Estate Market Update For October 2011

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

Davidson Homes
In October 2011 12 homes sold in Davidson, a 9.1% increase from the 11 homes sold in September 2011. October 2011 sales figures decreased 50% from October 2010 when 22 homes sold in Davidson.

The average sales price decreased 15.4% from $323,436 in September 2011 to $273,723 in October 2011. The October 2011 average sales price increased 5.4% from the October 2010 average sales price which was $259,779.

Average days on the market decreased 17.9% from 190 days in September 2011 to 156 days on the market in October 2011. October 2010 average days on the market were 166, a 6.1% decrease in market time.

Currently there are 172 homes for sale in Davidson. The average home is a 3 bed/3 bath home with 3,092 square feeet and an average list price of $474,290, up 5.6% from September‘s average list price of $449,289. The average days on the market are 168. 30 homes in Davidson are currently under contract, down 30% from September.

See all Davidson NC homes For Sale

Davidson Condos & Townhomes
In October 2011 7 condos sold in Davidson, a 133% increase from the 3 condos sold in September 2011. October 2011 sales figures increased 133% from October 2010 when 3 Davidson condos sold.

The average sales price increased 25.9% from $157,333 in September 2011 to $198,143 in October 2011. October 2011 average sales price decreased 30.8% from the October 2010 average sales price which was $286,333.

Average days on the market increased 39.4% from 99 in September to 138 in October 2011. October 2010 average days on the market were 178.

Currently there are 65 condo/townhomes listed for sale in Davidson. The average unit is a 2 bed/2 bath home with 1,506 square feet and an average list price of $236,932, down 2.2% from September’s average list price of $242,242. The average days on the market are 180. Seven Davidson condos/townhomes are currently under contract, down 41.7% from September.

See All Davidson Condos For Sale

Davidson Foreclosures, Short Sales and Preforeclosures
In October 2011 2 foreclosure, short sale and preforeclosure properties sold in Davidson, a 200% increase from the 0 foreclosure, short sale and preforeclosure properties sold in September 2011. October 2011 foreclosure sales figures decreased 60% from October 2010 when 5 foreclosures, short-sales or preforeclosures sold.

The average sales price increased 100% from $0 in September 2011 to $209,950 in October 2011. October 2011 average sales price increased 11.5% from the October 2010 average sales price which was $188,380.

Average days on the market increased from N/A in September 2011 to 155 in October 2011. October 2010 average days on the market were 61.

Currently there are 22 foreclosure, short sale or preforeclosure properties for sale in Davidson. The average list price is $218,431, down 15.7% from the September average list price of $259,204. The average days on the market are 197. Seven Davidson foreclosure properties are currently under contract, up 0% from September.

See All Davidson Foreclosure Listings

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!

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Topic:
Real Estate Market Trends
Location:
North Carolina Mecklenburg County Davidson
Groups:
North Carolina Real Estate
Lake Norman, NC
Charlotte NC Real Estate
Charlotte North Carolina Area
Lake Norman NC Homes
Tags:
davidson landing
davidson condos
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davidson homes
davidson nc real estate
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Mike Spruell

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