Davidson Real Estate Market Update For May 2011
By Mike Spruell, "For A Smooth Sale"
(Southern Homes of the Carolinas)
Davidson HomesIn May 2011 22 homes sold in Davidson, a 12% decrease from the 25 homes sold in April 2011. May 2011 sales figures increased 4.8% from May 2010 when 21 homes sold in Davidson. The average sales price increased 4.3% from $332,861 in April 2011 to $347,223 in May 2011. The May 2011 average sales price decreased 5.2% from the May 2010 average sales price which was $366,441. Average days on the market increased 47% from 118 days in April 2011 to 174 days on the market in May 2011. May 2010 average days on the market were 151, a 15% increase in market time. Currently there are 188 homes for sale in Davidson. The average home is a 3 bed/3 bath home with 3,065 square feeet and an average list price of $476,006, up 11% from April's average list price of $427,133. The average days ...
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