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Stallings NC Real Estate Market Report--January-March 2011

Stallings NC Real Estate Market Report—January-March 2011

Fourteen single family homes sold in Stallings NC during the first quarter of 2011.  Stallings NCThe median sales price increased 1.1% over the median price in 2010 and 3.3% over the prices in 2009.  Days on market dropped 12.9% in the first quarter.  Only two Stallings townhomes sold from January to March 2011.  The median sales price remained the same as the 2010 median sales price.  Median days on market for these townhomes dropped 50%.

What do the first quarter 2011 numbers mean for Stallings buyers and sellers?

  • Pricing for Stallings NC sellers is increasing slightly or holding steady over 2010 pricing.   
  • Buyers for properties in Stallings may have more confidence in a local market that appears to be holding its value.

Single Family Homes

Stallings Single Family Homes Year 2008 Year 2009 Year 2010 Quarter 1  Year 2011
Median Sales Price $227,490 $193,000 $197,165 $199,495
Number of Homes Sold 161 125 95 14
Median Days on Market 34 38 85 74

Source: Carolina Multiple Listing Service 

Townhomes and Condominiums 

Stallings Townhomes and Condos Year 2008 Year 2009 Year 2010 Quarter 1  Year 2011
Median Sales Price $148,300 $135,000 $118,000 $118,000
Number of Homes Sold 18 18 10 2
Median Days on Market 47 47 123 63

Source: Carolina Multiple Listing Service 

Most Active Neighborhoods in Stallings NC  First Quarter 2011

The following neighborhoods had the most sales activity during the first quarter.  Click on the neighborhood for more information and a list of homes for sale.

Shannamara

Arlington Downs

Copyright 2011.  Carol Fox.  Allen Tate Realtors.  *Stallings NC Real Estate Market Report—January-March 2011*


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