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Stallings NC Real Estate Market Report--April-June 2011

Stallings NC Real Estate Market Report—April-June 2011

With three I-485 interchanges adjoining the town, Stallings NC is one of the most conveniently located of Union County’s small towns. Stallings has a variety of neighborhoods from two golf course communities in the northern part of town to neotraditional neighborhoods where everyone has a front porch to townhome communities.

The number of sales in Stallings increased 71.4% in the second quarter while the median sales price dropped slightly to $194,000. Median days on market more than doubled from April to June 2011.

What do the second quarter 2011 numbers mean for Stallings NC buyers and sellers?

  • Sellers in Stallings may find market prices stabilizing as median prices have not changed much since 2009.
  • Buyers for properties in Stallings can find affordable prices in neighborhoods with convenient access to Charlotte amenities.

Single Family Homes

Stallings Single Family HomesYear 2008Year 2009Year 2010Quarter 1 Year 2011Quarter 2 Year 2011
Median Sales Price$227,490$193,000$197,165$199,495$194,000
Number of Homes Sold161125951424
Median Days on Market34388574163

Source: Carolina Multiple Listing Service

Townhomes and Condominiums

Stallings Townhomes and CondosYear 2008Year 2009Year 2010Quarter 1 Year 2011Quarter 2 Year 2011
Median Sales Price$148,300$135,000$118,000$118,000$98,873
Number of Homes Sold18181022
Median Days on Market474712363160

Source: Carolina Multiple Listing Service

Most Active Neighborhoods in Stallings NC Second Quarter 2011

The following neighborhoods had the most sales activity during the second quarter. Click on the neighborhood for more information and a list of homes for sale.

Chestnut Oaks

Shannamara

Copyright 2011. Carol Fox. Allen Tate Realtors. *Stallings NC Real Estate Market Report—April-June 2011*

Posted: Sunday, July 10, 2011 9:53 AM by Carol Fox

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