Welcome to Carolinas Real Estate Talk Sign in | Help

Carolinas Real Estate Talk

Presenting Information about Real Estate and Living in the Small Towns of the Carolinas

Tags

CarolinaSmallTownLiving!

Stallings NC Homes Sales and Best Buys--December 2010 Update

Stallings NC Home Sales and Best Buys—December 2010 Update

This is a summary of home sales transactions in Stallings NC in the last month.  It includes statistics on closed listings, properties that have gone under contract, and current best buys.  Best buys are those properties that have had the greatest price reductions in the past two weeks on a percentage basis.

Properties under contract are the best indicators of the current Stallings NC real estate market as these are properties recently chosen for purchase.  Closed transactions represent the marketplace of 30 to 90 days ago.  The tables below show an increase in the median and average sales price for “under contract” properties versus those that have closed in the last month.  The list-to-sale ration of closed transactions remains near historic numbers.  Both average and median ratios were 96%.  These numbers can be interpreted to show that homes priced within five percent of the market are more likely to sell.

Stallings NC Home Sales—Best Buys

924979  1217 Hammond DR  Matthews, NC 28104  $160,000  3 Beds  0.14 Acres  MLS#: 924979
VIEW | SAVE

Helen Adams Realty

9847901000 Millwright LN  Matthews, NC 28104  $159,900  3 Beds  0.31 Acres  MLS#: 984790
VIEW | SAVE

Wanda Smith & Associates

Source:  Carolina Multiple Listing Service IDX

Stallings NC Home Sales—Properties Under Contract

15 propertiesList PriceDays on Market
High$429,500502
Low$44,90028
Average$228,306152
Median$199,500106

Source:  Carolina Multiple Listing Service

Stallings NC Home Sales—Closed Transactions

8 propertiesSales PriceList to Sale RatioDays on Market
High$330,500100%196
Low$92,50093%44
Average$192,63796%104
Median$184,95096%114

Source:  Carolina Multiple Listing Service

Want to know more about real estate and living in Stallings NC?  Visit www.CarolinaSmallTownLiving.com.

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Stallings NC Home Sales and Best Buys—December 2010 Update*

Posted: Friday, December 17, 2010 7:50 PM by Carol Fox

Comments

New Comments to this post are disabled