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 Homes | Year 2008 | Year 2009 | Year 2010 | Quarter 1 Year 2011 | Quarter 2 Year 2011 |
| Median Sales Price | $227,490 | $193,000 | $197,165 | $199,495 | $194,000 |
| Number of Homes Sold | 161 | 125 | 95 | 14 | 24 |
| Median Days on Market | 34 | 38 | 85 | 74 | 163 |
Source: Carolina Multiple Listing Service
Townhomes and Condominiums
| Stallings Townhomes and Condos | Year 2008 | Year 2009 | Year 2010 | Quarter 1 Year 2011 | Quarter 2 Year 2011 |
| Median Sales Price | $148,300 | $135,000 | $118,000 | $118,000 | $98,873 |
| Number of Homes Sold | 18 | 18 | 10 | 2 | 2 |
| Median Days on Market | 47 | 47 | 123 | 63 | 160 |
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*