Union County Real Estate Talk

Stallings NC Real Estate Market Report—April-June 2010

How did the Stallings NC real estate market fare in the second quarter of 2010 and how did it compare with 2009?

The average sales price for the second quarter 2010 in Stallings NC increased 10% over the first quarter 2010 and 3% over 2009 average prices.  The number of sales in Stallings in the second quarter doubled the first quarter.  Average days on market were down from the first quarter and 2009.  The federal tax credits most likely drove the increased sales and higher prices in the second quarter.

Stallings NC townhome sales and average prices were very similar in the first and second quarters of 2010.  The second quarter 2010 average sales price dropped 12% from the average price in 2009.

Stallings NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Stallings NC for single family homes and townhomes in 2008 and 2009 plus first and second quarter 2010.

Single Family Homes in Stallings NC

2009 Average Sales Price:  $208,519   First Quarter 2010 Average Sales Price:  $195,433  Second Quarter 2010 Average Sales Price:  $215,207

2009 Number of Homes Sold:  125    First Quarter 2010 Number of Homes Sold:  16  Second Quarter 2010 Number of Homes Sold:  32   

2009 Average Days on Market:  113   First Quarter 2010 Average Days on Market:  132   Second Quarter 2010 Average Days on Market:  103

Townhomes and Condominiums in Stallings NC

2009 Average Sales Price:  $137,890    First Quarter 2010 Average Sales Price:  $118,750   Second Quarter 2010 Average Sales Price:  $120,500  

2009 Number of Homes Sold:  18       First Quarter 2010 Number of Homes Sold:  4    Second Quarter 2010 Number of Homes Sold:  5    

2009 Average Days on Market:  119     First Quarter 2010 Average Days on Market:  119    Second Quarter 2010 Average Days on Market:  72

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Stallings NC

The most active Stallings NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Callonwood

Chestnut Oaks

Shannamara

Buckingham

Parkside

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Stallings NC Real Estate Market Report—April-June 2010*

Stallings NC Real Estate Market Report—January-March 2010

How did the Stallings NC real estate market fare in the first quarter of 2010 and how did it compare with 2009? 

Stallings NC average sales prices dropped slightly during the first quarter of 2010 compared with 2009 averages.  Townhomes showed a more significant drop due to the closeout of builder inventory in one townhome community.  Days on market was approximately four months for both single family homes and townhomes in Stallings NC.

Stallings NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Stallings NC for single family homes and townhomes in 2008 and 2009 plus first quarter 2010.

Single Family Homes in Stallings NC

2009 Average Sales Price:  $208,519   First Quarter 2010 Average Sales Price:  $195,433  

2009 Number of Homes Sold:  125    First Quarter 2010 Number of Homes Sold:  16    

2009 Average Days on Market:  113   First Quarter 2010 Average Days on Market:  132     

Townhomes and Condominiums in Stallings NC

2009 Average Sales Price:  $137,890    First Quarter 2010 Average Sales Price:  $118,750    

2009 Number of Homes Sold:  18       First Quarter 2010 Number of Homes Sold:  4      

2009 Average Days on Market:  119     First Quarter 2010 Average Days on Market:  119

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Stallings NC

The most active Stallings NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Callonwood

Hunley Creek

Chestnut Oaks

Wendover at Curry Place

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Stallings NC Real Estate Market Report—January-March 2010*

Stallings NC Real Estate Market Report—2009

How did the Stallings NC real estate market fare in 2009 and how did it compare with 2008? 

The 2009 Stallings NC real estate market reflected the market in Charlotte and surrounding areas.  Single family average sales prices were down about thirteen percent from 2008, an indication that first time home buyers dominated the marketplace.  The 2009 Stallings NC market for condominiums and townhomes was more stable than than the single family market.  Prices were off only 5% and there was no change in the number of sales.  Time on the market increased for Stallings sellers with days on market up 36% for single family homes and up 98% for condominiums and townhomes.

Stallings NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Stallings NC for single family homes and condos/townhomes for 2008 and 2009 plus each 2009 quarter.

Single Family Homes in Stallings NC

2008 Average Sales Price:  $241,823      2009 Average Sales Price:  $208,519    Year-to-Year Change:  -13%

2008 Number of Homes Sold:  159        2009 Number of Homes Sold:  125      Year-to-Year Change:  -21%

2008 Average Days on Market:  83        2009 Average Days on Market:  113      Year-to-Year Change:  +36%

Townhomes and Condominiums in Stallings NC

2008 Average Sales Price:  $145,383      2009 Average Sales Price:  $137,890     Year-to-Year Change:  -5%

2008 Number of Homes Sold:  18          2009 Number of Homes Sold:  18       Year-to-Year Change:  no change

2008 Average Days on Market:  60      2009 Average Days on Market:  119     Year-to-Year Change:  +98%

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Stallings NC 2009

The most active Stallings NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Kerry Greens

Chestnut Oaks

Shannamara

Callonwood

Emerald Lake

Arlington Downs

Wendover at Curry Place

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Stallings NC Real Estate Market Report—2009*

How did Stallings NC real estate market activity in the third quarter of 2009 compare with the second quarter 2009? 

This post will summarize third quarter 2009 real estate sales in Stallings NC plus compare changes in sales data with second quarter 2009 results.  The chart shows average sales prices in Stallings NC for 2008 and each quarter of 2009.

Stallings NC Real Estate Market Report--2009 Third Quarter Data and Change from 2009 Second Quarter

Single Family Homes in Stallings NC

Number of Sales:  42

Change from second quarter:  +34%

Average Price:  $215,652

Change from second quarter:  no change

Average Days on Market:  102

Change from second quarter:  -9%

Current Active Listings:  95

Change from second quarter:  -7%

Most Active Neighborhoods:  Callonwood, Fairhaven

 

Townhomes and Condominiums in Stallings NC

Number of Sales:  3

Change from second quarter:  -20%

Average Price:  $136,166

Change from second quarter:  +3%

Average Days on Market:  193

Change from second quarter:  +34%

Current Active Listings:  8

Change from second quarter:  +14%

Most Active Neighborhoods:  Callonwood

Source:  Carolina Multiple Listing Service

Compare with the Stallings NC 2008 Real Estate Market

Copyright 2009.  Carol Fox.  *Stallings NC Real Estate Market Report--July to September 2009*

How did Stallings NC real estate market activity in the second quarter of 2009 compare with the first quarter 2009? 

This post will summarize second quarter 2009 real estate sales in Stallings NC plus compare changes in sales data with first quarter 2009 results.

Stallings NC Real Estate Market Report--2009 Second Quarter Data and Change from 2009 First Quarter

Single Family Homes in Stallings NC

Number of Sales:  32

Change from first quarter:  +18%

Average Price:  $217,405

Change from first quarter:  +13%

Average Days on Market:  113

Change from first quarter:  -13%

Current Active Listings:  103

Change from first quarter:  no change

Most Active Neighborhoods:  Callonwood, Fairhaven

 

Townhomes and Condominiums in Stallings NC

Number of Sales:  4

Change from first quarter:  -33%

Average Price:  $131,787

Change from first quarter:  -10%

Average Days on Market:  144

Change from first quarter:  +56%

Current Active Listings:  7

Change from first quarter:  -50%

Most Active Neighborhoods:  Arlington Downs

Source:  Carolina Multiple Listing Service

Compare with the Stallings NC 2008 Real Estate Market

Copyright 2009.  Carol Fox.  *Stallings NC Real Estate Market Report--April to June 2009*

What happened in the Stallings NC real estate market during April and May of 2009?

This post will summarize first quarter real estate sales in Stallings NC plus compare average sold prices with 2008 closed prices.

Stallings NC Real Estate Market Report--April to May 2009

Single Family Homes in Stallings NC

Number of Sales:  16

Price Range:  $109,000 to $425,000

Average Heated Area:  2400 sq.ft.

Average Price:  $223,018

Average 2008 Price:  $241,823    Change: -7%

Average Days on Market:  119

Number of Contracts Pending:  20

Most Active Neighborhood:  Fairhaven, Emerald Lake

Current Active Listings on Market:  128

Townhomes and Condominiums in Stallings NC

Number of Sales:  3 

Price Range:  $114,000 to $122,000

Average Heated Area:  1366

Average Price:  $118,633

Average 2008 Price:  $145,383    Change:  -18%

Average Days on Market:  129

Number of Contracts Pending:  0

Most Active Neighborhood:  Arlington Downs, Parkside

Current Active Listings on Market:  9

Source:  Carolina Multiple Listing Service

Compare with the 2008 Stallings NC real estate market.

Learn more about homes and neighborhoods in Stallings NC.

Copyright 2009.  Carol Fox.  *Stallings NC Real Estate Market Report--April to May 2009* 

What happened in the Stallings NC real estate market during the first three months of 2009?

This post will summarize first quarter real estate sales in Stallings NC plus compare average sold prices with 2008 closed prices.

Stallings NC Real Estate Market Report--January to March 2009

Single Family Homes in Stallings NC

Number of Sales:  27

Price Range:  $53,000 to $395,000

Average Heated Area:  2138 sq.ft.

Average Price:  $191,002

Average 2008 Price:  $241,823    Change: -21%

Number of Contracts Pending:  13

Most Active Neighborhood:  Fairhaven and Callonwood

Current Active Listings on Market:  105

Townhomes and Condominiums in Stallings NC

Number of Sales:  6 

Price Range:  $124,900 to $165,000

Average Heated Area:  1493 sq.ft.

Average Price:  $147,963

Average 2008 Price:  $145,383    Change:  +1%

Average Days on Market:  92

Number of Contracts Pending:  3

Most Active Neighborhood:  Arlington Downs

Current Active Listings on Market:  14

Source:  Carolina Multiple Listing Service

Compare with the 2008 Stallings NC Real Estate Market. 

Learn more about real estate and living in Stallings NC.

Copyright 2009.  Carol Fox.  *Stallings NC Real Estate Market Report--January to March 2009*

Do you want to know how the Stallings NC real estate market fared in 2008?

This post will summarize the 2008 real estate sales for the town as a whole plus report on the most active neighborhoods within the Town of Stallings NC.  Most addresses in Stallings have a Matthews NC mailing address but the town is within Union County and is not a part of Matthews NC.  For a complete understanding of how to search for Matthews NC real estate, read Taking the Confusion out of the Matthews NC Real Estate Search.

2008 Real Estate Market Report for Stallings NC

Single Family Homes

Number of Sales:  159   Price Range:  $81,000 to $864,900   Average Heated Area:  2261 sf   Average Price:  $241,823   Average Days on Market:  83

Townhouses and Condos

Number of Sales:  18    Price Range: $97,500 to $177,000   Average Heated Area:  1457 sf   Average Price:  $145,383   Average Days on Market:  60

 

Most Active Neighborhoods in Stallings NC 2008

Single Family Neighborhoods

Forest Park  Years Built:  1964-1999

Number of Sales:  20   Price Range:  $94,000 to $151,000   Average Heated Area: 1289 sf   Average Price:  $131,750   Average Days on Market:  73

Schools 2008-09:  Stallings Elementary, Porter Ridge Middle, Porter Ridge Senior

Kerry Greens   Years Built:  1997-1999

Number of Sales:  9    Price Range:  $153,000 to $189,900   Average Heated Area:  1569 sf   Average Price:  $169,411   Average Days on Market: 89

Schools 2008-09:  Indian Trail Elementary, Sun Valley Middle, Sun Valley Senior

Fairhaven   Years Built:  2006-2008

Number of Sales:  29   Price Range:  $158,500 to $270,490   Average Heated Area:  2559 sf   Average Price:  $213,811   Average Days on Market:  89

Schools 2008-09:  Stallings Elementary, Porter Ridge Middle, Porter Ridge Senior

Callonwood   Years Built:  2003-2008

Number of Sales:  35   Price Range:  $175,000 to $447,000   Average Heated Area:  2302 sf   Average Price: $249,644   Average Days on Market:  96

Schools 2008-09: Antioch Elementary, Weddington Middle, Weddington Senior

Shannamara   Years Built:  1996-2004

Number of Sales:  32   Price Range:  $280,000 to $864,900   Average Heated Area:  2941 sf   Average Price:  $375,808   Average Days on Market:  79

Schools 2008-09:  Stallings Elementary, Porter Ridge Middle, Weddington Senior

 

Townhouse/Condo Neighborhoods

Arlington Downs   Years Built:  2002-2003

Number of Sales:  6   Price Range:  $126,000 to $151,500   Average Heated Area:  1363 sf   Average Price:  $132,250  Average Days on Market:  51

Schools 2008-09:  Antioch Elementary, Weddington Middle, Weddington Senior

Callonwood   Years Built:  2004-2006

Number of Sales:  8  Price Range:  $140,000 to $166,000   Average Heated Area:  1251 sf   Average Price:  $153,050   Average Days on Market:  58

Schools 2008-09:  Antioch Elementary, Weddington Middle, Weddington Senior

Source:  Carolina Multiple Listing Service

Learn more about Stallings NC schools:

Union County NC Schools:  Just How Good Are They? 

Want to know more about the Stallings NC real estate market and Stallings NC neighborhoods?

Visit www.CarolinaSmallTownLiving.com.

Copyright 2009.  Carol Fox.  All rights reserved.  Stallings NC 2008 Real Estate Report"