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 Realty Hickory, North Carolina 828-228-5076 kevinteetersrealty@gmail.com Agent Home Page  |
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| 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. Click here for full article... |
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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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