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Stallings NC Real Estate Market Report-Year 2010

Stallings NC Real Estate Market Report—Year 2010

How did the Stallings NC real estate market fare during 2010 and how did 2010 market activity compare with 2009 and 2008?

The tables below compare the Stallings NC real estate market for years 2008 through 2010. Stallings Fest in Stallings NC 95 single family homes and 10 townhomes closed in Stallings in 2010.  The highest priced single family home sale was $410,000.  The highest priced townhome sale was $148,000.  Median days on the market jumped for  both single family homes and townhomes.  The median list to sale ratio in 2010 was 96% for single family homes and 93% for townhomes.

Single Family Homes in Stallings NC

The median sales price in Stallings was down 13.3% from 2008 but up 2.1% between 2009 and 2010.  The number of homes sold decreased each year between 2008 and 2010.  Almost 41% fewer homes sold in 2010 than in 2008.  Median days on the market were up 123% from 2009.

Stallings Single Family Homes Year 2008 Year 2009 Year 2010
Median Sales Price $227,490 $193,000 $197,165
Number of Homes Sold 161 125 95
Median Days on Market 34 38 85

Source:  Carolina Multiple Listing Service

Townhomes and Condominiums in Stallings NC

The number of townhomes sold in Stallings during 2010 decreased 44% from the previous two years.  The median sales price in 2010 was off 12.5% from 2009.  Median days on the market increased 161% in 2010 from 2009.

Stallings Townhomes and Condos Year 2008 Year 2009 Year 2010
Median Sales Price $148,300 $135,000 $118,000
Number of Homes Sold 18 18 10
Median Days on Market 47 47 123

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Stallings NC

The most active Stallings NC neighborhoods in 2010 are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 and 2010 real estate activity and to search for current homes for sale.

Chestnut Oaks Callonwood Emerald Lake
Fairhaven Hunley Creek Kerry Greens
Shannamara Stevens Mill Parkside
Wendover at Curry Place    
     

Copyright 2011.  Carol Fox.  Allen Tate Realtors.  *Stallings NC Real Estate Market Report—Year 2010*



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