Concord Real Estate Market Conditions & Reports, Concord Market Trends, North Carolina

Market Commentary Provided by Bridget Phifer

Report Date

Fall 2009

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Bridget Phifer
Keller Williams Lake Norman Cornelius
Cornelius, North Carolina
704-230-9188
available@househunt.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

Less than 10 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$200,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Concord is

Seller Activity for the past 90 days in Concord is

Is Financing Available For Qualified Buyers in Concord?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Lake Norman, Lowes Motor Speedway, Downtown Charlotte, Ballantyne, Southpark, Dilworth, Highland Creek, Skybrook

Reason to Buy/Sell

Population Growth

Average Sold Price

$200,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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