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

Winter 2012 Market Update Take advantage of the incredible interest rates that allow you to get much more house for your money and still have a great selection to choose from. Concord and the Charlotte area are still growing (never stopped) and can be your new home for a very affordable price. Come and enjoy the weather, the beaches, the mountains, the hospitality and so much more!
Average Home Price	$175,000 - View Graph Trend

Average Price Compared to Last Year	Down 0-5%

Average Time on Market	60-90 days

Best Selling Price Range	$150,000 - $199,000

Worst Selling Price Range	$750,000 - $799,000

Prices As % of Asking Price	95-100%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	Decreasing

Buyers’ or Sellers’ Market	More buyers than sellers

Buyer Activity for the past 90 days in Concord is	Increasing

Seller Activity for the past 90 days in Concord is?	No Change

Multiple Offers?	Yes

Multiple Offers Commentary	Priced to the market, sellers are getting a lot of attention.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	20-25%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	Interest rates are at historic lows and Donna can help just about everyone to get a loan. Downpayments range from 3.5% to 20%.

Housing Inventory	Good supply - Some Prices

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Good economic news

Nearest Metro Area	Charlotte

Housing Hot Spots	Most cities within the Cabarrus County area are considered ’Housing Hotspots’

Average Sold Price	$175,000 - View Graph Trend

Concord Local News

News for Concord, NC - September 26th, 2011 6:33pm
Don't listen to all the BAD news. Done right you can sell your home and make up the difference on the new purchase. I've had my best years in real estate in the last TWO!! Donna is a 14 year vet in the banking buisness and one of the top producers in the Charlotte area. Let our expertise work for you!!

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Dale Bishop

704-619-8320

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Mortgage Rates

– Feb 13th, 2012 –
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30 yr. fixed rate: 3.89%
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%

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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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Concord Real Estate Market Trends – North Carolina

Concord Real Estate Market Conditions and Trends