Davidson Real Estate Market Update For March 2012

Davidson Homes
In March 2012 17 homes sold in Davidson, a 54.5% increase from the 11 homes sold in February 2012. March 2012 sales figures decreased 5.5% from March 2011 when 18 homes sold in Davidson.

The average sales price increased 11.7% from $265,559 in February 2012 to $296,726 in March 2012. The March 2012 average sales price decreased 9.9% from the March 2011 average sales price which was $329,203.

Average days on the market increased 29% from 138 days in February 2012 to 178 days on the market in March 2012. March 2011 average days on the market were 179, an .6% decrease in market time.

Currently there are 151 homes for sale in Davidson. The average home is a 3 bed/3 bath home with 3,240 square feeet and an average list price of $549,125, up 14.4% from February‘s average list price of $479,935. The average days on the market are 166. 17 homes in Davidson are currently under contract, down 35% from February!

See all Davidson NC homes For Sale

Davidson Condos & Townhomes
In March 2012 9 condos sold in Davidson, a 125% increase from the 4 condos sold in February 2012. March 2012 sales figures increased 50% from March 2011 when 6 Davidson condos sold.

The average sales price decreased 18.5% from $226,925 in February 2012 to $184,884 in March 2012. March 2012 average sales price decreased 16.7% from the March 2011 average sales price which was $221,867.

Average days on the market increased 102.9% from 104 in February to 211 in March 2012. March 2011 average days on the market were 162.

Currently there are 45 condo/townhomes listed for sale in Davidson. The average unit is a 2 bed/2 bath home with 1,478 square feet and an average list price of $259,028, up 1.5% from February’s average list price of $255,186. The average days on the market are 154. Zero Davidson condos/townhomes are currently under contract, down 100% from February!

See All Davidson Condos For Sale

Davidson Foreclosures, Short Sales and Preforeclosures
In March 2012 6 foreclosure, short sale and preforeclosure properties sold in Davidson, a 500% increase from the 1 foreclosure, short sale and preforeclosure properties sold in February 2012. March 2012 foreclosure sales figures increased 200% from March 2011 when 2 foreclosures, short-sales or preforeclosures sold.

The average sales price decreased 36.7% from $285,000 in February to $180,433 in March. March 2012 average sales price decreased 23.2% from the March 2011 average sales price which was $234,950.

Average days on the market increased from 28 in February 2012 to 245 in March 2012. March 2011 average days on the market were 115.

Currently there are 18 foreclosure, short sale or preforeclosure properties for sale in Davidson. The average list price is $230,550, up 8.3% from the February average list price of $212,908. The average days on the market are 111. Four Davidson foreclosure properties are currently under contract, down 20% from February.

See All Davidson Foreclosure Listings

If you would like to search for Davidson NC properties for sale please use the search on this page: Search Davidson NC Properties For Sale

Contact us at 866-525-3667 for all of your Davidson real estate needs!

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