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Stallings NC Real Estate Market Report--Year 2015 First Half

Stallings NC Real Estate Market Report—Year 2015 First Half 

How did the Stallings NC real estate market fare in the first half of 2015 and how does it compare with previous years?  The tables below compare the Stallings NC real estate market from 2008 through 2015.  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 2015?

Ninety seven homes sold in the first half of 2015. 

Were home prices up or down in 2015?

The median closed price of $252,900 was up 5.6% from 2014 and the highest since 2007.

How long were Stallings homes on the market in 2015? 

Stallings homes sold more more quickly in the first half of the year.  Median days on market last year was 58 down 19.4% from 2014. 

What was the Stallings condominium and townhome market like in 2015?

Eight townhomes and condos sold in the first half of 2015 at a median closed price of $124,700.

Were distressed sales a big factor in the 2015 market?

Less than 5% of sales were distressed sales.

Were there many new homes built in Stallings in 2015?

The Carolina Multiple Listing Service listed fourteen new home closings for Stallings.

What were the best selling neighborhoods in the first half of 2015?

The Courtyards at Weddington, Shannamara, Fairhaven and Chestnut Oaks 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 Year 2015 First Half
Median Sales Price $227,490 $193,000 $197,165 $199,495 $198,000 $206,000 $239,401 $252,900
Number of Homes Sold 161 125 95 88 123 148 166 97
Median Days on Market 34 38 85 113 83 49 72 58
Source: Carolina Multiple Listing Service

Types of Closed Sales in Stallings NC

Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 79 81.4%
New Construction 14 14.4%
Foreclosure 2 2.1%
Short Sales 2 2.1%

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 2015 First Half*

Posted: Thursday, August 06, 2015 3:23 PM by Carol Fox

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