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Stallings NC Real Estate Market Report--Year 2014

Stallings NC Real Estate Market Report—Year 2014

How did the Stallings NC real estate market fare in 2014 and how does it compare with previous years?  The tables below compare the Stallings NC real estate market from 2008 through 2014.  The results of the tables are explained in the frequently asked questions that follow.   Click here to search Stallings NC homes for sale. 

How many homes sold in Stallings in 2014?

With 166 sales, more homes sold in 2014 than any year since 2007.  These sales were a 12.1% increase over 2013.

Were home prices up or down in 2014?

The median closed price of $239,401 was up 16.2% from 2013 and the highest since 2007.

How long were Stallings homes on the market in 2014? 

Stallings homes sold more slowly last year.  Median days on market last year was 72. 

What was the Stallings condominium and townhome market like in 2014?

Twenty five townhomes and condos sold in 2014 at a median closed price of $136,000.

Were distressed sales a big factor in the 2014 market?

Less than 5% of sales last year were distressed sales.

Were there many new homes built in Stallings in 2014?

The Carolina Multiple Listing Service listed nineteen new homes for Stallings.

What were the best selling neighborhoods in 2014?

Willowbrook, The Courtyards at Weddington, Shannamara, Kerry Greens, Hunley Creek, Fairhaven, Emerald Lake, Chestnut Oaks, Callonwood and Curry Place were the top neighborhoods.

Single Family Homes in Stallings NC

Stallings Single Family Homes Year 2008 Year 2009 Year 2010 Year 2011 Year 2012 Year
2013
Year 2014
Median Sales Price $227,490 $193,000 $197,165 $199,495 $198,000 $206,000 $239,401
Number of Homes Sold 161 125 95 88 123 148 166
Median Days on Market 34 38 85 113 83 49 72
Source: Carolina Multiple Listing Service

Types of Closed Sales in Stallings NC

Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 139 83.7%
New Construction 19 11.4%
Foreclosure 3 1.9%
Short Sales 5 3%

Source: Carolina Multiple Listing Service

Click here to see other Stallings NC real estate market reports, both updated and historical.

Search for homes in Stallings NC by clicking on the links below. Search results may include properties outside the Town of Stallings.

$100,000-$300,000

$300,000-$500,000

$500,000-$750,000

$750,000+

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

Copyright 2015.  Carol Fox.  Stallings NC Real Estate Agent.  Allen Tate Realtors.  *Stallings NC Real Estate Market Report—Year 2014*

Posted: Sunday, January 25, 2015 1:52 PM by Carol Fox

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