2010 Market Stats for the Charlotte area – Statesville- Iredell County NC

This article was just posted by our local Realtors Association that shows the improvements in our area in 2010.  If trends continue, 2011 should be a good year in our area.  Although Foreclosure activity still continues to flood our market, the buyers are also in the market to purchase those properties and activity for January is starting out strong.

 

December 2010 Market Activity

1/7/2011

Contact: Kim Walker

Contact Phone: 704-940-3149

Charlotte Regional Realtor® Association reports

residential real estate monthly activity for December 2010

CHARLOTTE, N.C. – Charlotte Regional Realtor® Association reports on the residential real estate market in this region based on Carolina Multiple Listing Services, Inc. (CMLS) data.  The number of closings for December 2010 (1,885) increased 23.4 percent compared to December 2009 when closings totaled 1,527.  Compared to November 2010 (1,487), closings were up 26.8 percent.  The average sales price for December 2010 ($193,910) was down 8.4 percent compared to December 2009 ($211,705), and was down 10 percent compared to the November 2010 average sales price ($215,239). 

The average listing price in December 2010 ($220,130) was down 7.9 percent over last year’s average listing price of $239,062, and was down 11 percent over the November 2010 average listing price of $247,369.

The residential pending contracts figure for December 2010 (1,479) was up 0.9 percent compared to December 2009 (1,466).  This figure increased 2.1 percent compared to November 2010, when pending contracts totaled 1,448.

New residential listings in November 2010 totaled 2,945.  The average number of days a property was on the market from the time it was listed until it closed (list to close) was 151.4, which is 3.4 days shorter than last month.  The average number of days a property was on the market (days on market), excluding the days the property was off the market or pending, was 114.4 days, which is about 7 days shorter than last month.

Yearend totals, region and select counties

ScreenHunter_02 Jan. 12 21.06

In January 2011, CMLS changed its reporting structure to report data from the first day of the month to the last day of the month.  Prior to this, data was reported from the fifth of the month to the sixth of the next month. CMLS has done everything possible to ensure the accuracy of its statistics; however, wemay discover very slight anomalies that will require adjustments and corrections over time.

For more residential-housing market statistics, visit the association’s website at www.CarolinaHome.com and click on “Community Data.”  For an interview with 2011 association/CMLS President Laurie Knudsen, please contact Kim Walker.

 

 

For current home listings in Statesville NC and Surrounding counties or for a free list of Distressed Properties, visit my website at www.SonyaLeonardHomes.com

Just Listed in Statesville NC – 659 Holland Drive

 
Sonya Leonard | Exit Home Team Realty | (704) 450-0588
659 Holland Drive, Statesville, NC
Classic Southern Brick Ranch with original hardwood floors, kitchen cabinets and built ins. Great price and convenient location.
3BR/1+1BA Single Family House
offered at $69,900
Year Built 1957
Sq Footage 1,400
Bedrooms 3
Bathrooms 1 full, 1 partial
Floors 1
Parking 1 Covered spaces
Lot Size 12,632 sqft
HOA/Maint $0 per month

DESCRIPTION

You will love the inside of this home! Original wood floors, beautiful built in shelving and cabinets, wood wainscoting in dining area. Home needs some paint and a little TLC but has a great base to build from! Desireable area, close to Lakewood park, shopping and Iredell Memorial. This house is solid and a good buy for the price. Sold as is.
see additional photos below
PROPERTY FEATURES

– Central A/C – Fireplace – Hardwood floor
– Living room – Dining room – Yard

ADDITIONAL PHOTOS


Front of Home

Back Yard

Large Kitchen

Nice Built ins

dining Area

Living Room
Contact info:
Sonya Leonard
Exit Home Team Realty
(704) 450-0588
For sale by agent/broker

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Posted: Aug 16, 2010, 11:56am PDT