Hickory Real Estate Market Report - Catawba, North Carolina
Hickory, North Carolina - Catawba

Market Commentary Provided by Kevin Teeters
Although we are in a recession our community is becoming more diversified and more resistant to the outsourcing of jobs.

  Report Date   Fall 2009  
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Kevin Teeters
Kevin Teeters
Kevin Teeters Realty
Hickory, North Carolina
828-228-5076
kevinteetersrealty@gmail.com
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Kevin Teeters Realty
  Nearest Metro Area   Hickory
  Buyers’ or Sellers’ Market   More buyers than sellers
  Average Time on Market   More than 120 days
  Market Trend   Increasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $150,000 - View Graph Trend
  Best Selling Price Range   $100,000 - $149,000
  Worst Selling Price Range   $300,000 - $349,000
  Compared to Last Year   Down 0-5%
  Prices As % of Asking Price   95-100%
  Multiple Offers?   No
  Greatest Activity   First Time Buyers
  Buyer Activity for the past 90 days in Hickory is   Increasing
  Seller Activity for the past 90 days in Hickory is   Decreasing
  Is Financing Available For Qualified Buyers in Hickory?   Yes
  Existing Home Prices for the past 90 days are   No Change
  What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?   5-10%
  Housing Hot Spots   South Hickory/Mountain View area is a growing with several new neighborhoods. NE Catawba County is also growing. There is a lot of new business along McDonald Parkway and 321S.
  Reason to Buy/Sell   Lower prices with good selection and competitive interest rates creates a perfect time to buy in Hickory!
  Average Sold Price   $150,000 - 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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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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