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