Let's discuss what is happening in real estate in Concord, NC these days.
Currently There are 902 properties active in MLS. Those properties have been active for an average of 149 days. And they are listed at an average price of $241,499.
Since January 1st, 89 homes have expired and gone off the market for 'failing to sell.' These homes were listed at an average price point of $230,720 and stayed on the market for an average of 227 days.
Currently, there are 78 homes under contract to be sold. They are listed at an average of $217,737 and were active on the market for an average of 117 before going under contract.
A total of 97 homes have sold since January 1st. These homes were listed at an average price of $181,908 and sold for an average of $168,920. Homes are selling for about 92.8% of list price.
This means that, while homes are tending to sell after an average of 93 days on market, there is currently a fourteen month inventory of homes in the Concord area.
If you are looking to sell a home in Concord, call me. Even when market conditions may seem intimidating I can help you successfully sell your home.