One of our goals at Team Honeycutt is to be your source for real estate market update information so that you can stay informed on the Cabarrus County and regional market.
In doing so, we like to update you on the latest statistical data believing that is the best way to monitor what is happening in our real estate markets. We all read and hear reports daily but how does that information affect us on a daily basis and in our own real estate markets.
Read here for the latest Regional Weekly Market Activity in the Charlotte Region . Here you will
find the latest real estate market statistics regionally on New Listings, Pending Sale, Months of Inventory, Average Sales Price, List to Close time, % of Sales to Orginal Price, and much more.
In addition, for those of you in the Cabarrus County Real Estate Market we wanted to provide you will an overview of the local market with a comparison of January - August 28th 2010 versus the same time in 2011.
2010 Cabarrus County Real Estate Market Update
2011 Cabarrus County Real Estate Market Update
Amazingly there is the same number of closed sales during this time period. If you review the other key numbers, you will see that Days on Market are down 8% in 2011. In addition you will see that the average price is almost the same with on $367 difference.
You will also see that the per square foot sales price is only down $2.85 per square foot showing that the drop in pricing has stabilized during the last months in the Cabarrus County real estate market.
Please remember if you have questions about the Cabarrus County real estate market or the regional market, call Team Honeycutt at 704-721-7130 or visit us at www.teamhoneycutt.com.