Monday, January 3, 2011

2010 Real estate review for 28117 zip code

2010 sales were up very nicely at a 20% increase over 2009 at 454 homes sold vs 378 for zip code 28117.
The average price upticked to $470,061 vs $464,000 as well as the median price moved up to $365,000 vs $350,000 in 2009. Although it took a bit longer to sell your home in 2010 at an average days on market of 151 vs only 86 in 2009. The average price per square foot also edged higher to $139 vs $132. Distressed properties accounted for 24% of 110 homes. Also of note is my team at Keller Williams Lake Norman Mooresville had the biggest market share with 84 homes listed and sold or just under 1 of every 5 homes in 28117. Bookmark and Share

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