Davidson Real Estate Market Update For November 2011

Davidson Homes
In November 2011 19 homes sold in Davidson, a 58.3% increase from the 12 homes sold in October 2011. November 2011 sales figures increased 26.7% from November 2010 when 15 homes sold in Davidson.

The average sales price increased 31.1% from $273,723 in October 2011 to $358,991 in November 2011. The November 2011 average sales price increased 35% from the November 2010 average sales price which was $265,883.

Average days on the market decreased 11.5% from 156 days in October 2011 to 138 days on the market in November 2011. November 2010 average days on the market were 151, a 8.6% decrease in market time.

Currently there are 102 homes for sale in Davidson. The average home is a 3 bed/3 bath home with 3,070 square feeet and an average list price of $491,342, up 3.6% from October‘s average list price of $474,290. The average days on the market are 228. 12 homes in Davidson are currently under contract, down 60% from October.

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Davidson Condos & Townhomes
In November 2011 5 condos sold in Davidson, a 28.6% decrease from the 7 condos sold in October 2011. November 2011 sales figures decreased 54.5% from November 2010 when 11 Davidson condos sold.

The average sales price decreased 7.2% from $198,143 in October 2011 to $183,900 in November 2011. November 2011 average sales price decreased 10.6% from the November 2010 average sales price which was $205,727.

Average days on the market increased 67.4% from 138 in October to 231 in November 2011. November 2010 average days on the market were 218.

Currently there are 44 condo/townhomes listed for sale in Davidson. The average unit is a 2 bed/2 bath home with 1,428 square feet and an average list price of $245,768, up 3.7% from October’s average list price of $236,932. The average days on the market are 178. Two Davidson condos/townhomes are currently under contract, down 71.4% from October.

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Davidson Foreclosures, Short Sales and Preforeclosures
In November 2011 4 foreclosure, short sale and preforeclosure properties sold in Davidson, a 100% increase from the 2 foreclosure, short sale and preforeclosure properties sold in October 2011. November 2011 foreclosure sales figures decreased 33% from November 2010 when 6 foreclosures, short-sales or preforeclosures sold.

The average sales price increased 73% from $209,950 in October 2011 to $363,500 in November 2011. November 2011 average sales price increased 164% from the November 2010 average sales price which was $137,500.

Average days on the market increased from 155 in October 2011 to 151 in November  2011. November 2010 average days on the market were 241.

Currently there are 11 foreclosure, short sale or preforeclosure properties for sale in Davidson. The average list price is $187,763, down 14% from the October average list price of $218,431. The average days on the market are 278. Two Davidson foreclosure properties are currently under contract, down 71% from October.

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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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  1. Pingback: Davidson Real Estate Market Update For January 2012 Homes Condos | Davidson NC Homes

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