Davidson Real Estate Market - View Davidson Real Estate Market Trends in North Carolina

Winter 2012 Market Update The proximity to Lake Norman, Davidson College, and an excellent public school system make Davidson a terrific choice for families.
Average Home Price	$475,000 - View Graph Trend

Average Price Compared to Last Year	Up 0-5%

Average Time on Market	90-120 days

Best Selling Price Range	$300,000 - $349,000

Worst Selling Price Range	$850,000 - $899,000

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	Increasing

Market Trend	Decreasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Davidson is	Increasing

Seller Activity for the past 90 days in Davidson is?	Increasing

Multiple Offers?	No

Multiple Offers Commentary	Sellers are only receiving multiple offers when they have priced their homes at least 5% under other comparable homes for sale.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	0-5%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	As with the rest of the country, lenders here are looking for great credit and 20% down. If that is you - you have no worries.

Housing Inventory	Good supply - Some Prices

Inventory Comments	Davidson enjoys a very wide range of housing prices thanks in part to their commitment to affordable housing. A Buyer today can expect to find everything from $100,000 up to $1,600,000 in a variety of neighborhoods.

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Prices have increased slightly during the past 90 days in Davidson, and there are more homes on the market. For Sellers, this is a decent market if you price your home correctly and make sure it is in tip-top showing condition. For Buyers, it’s still a great market. While prices have increased, interest rates have dropped again and there are many more homes on the market to choose from.

Nearest Metro Area	Charlotte

Housing Hot Spots	Davidson Gateway, located just off I-77 is the new

Average Sold Price	$475,000 - View Graph Trend

Davidson Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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