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

Market Commentary Provided by Top Agent
It is a GREAT TIME TO BUY as well as to sell. Sellers can pick up any losses that they may incur by selling their properties on the other end when they repurchase due to price reductions as well as a Large Inventory Selection.

Report Date

Fall 2009

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Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$225,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 10-15%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Gastonia is

Seller Activity for the past 90 days in Gastonia is

Is Financing Available For Qualified Buyers in Gastonia?

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

Belmont, Gastonia due to lower taxes and convenience to close proximity to Charlotte, NC Metropolitan Area.

Reason to Buy/Sell

Other

Average Sold Price

$225,000 - 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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