Saturday, September 15, 2007

August Market Report- 28078

Huntersville, NC consistently ranks as a top place to live in the country, and it reports solid fundamentals in August. I think its convenience and relative value, what do you think?

Average 2006 2007 % Inc/dec
Cost per SF $112.13 $114.36 1.99
# Solds 119 122 2.52




Aug-07 Average Sales Price $296,653
ATS Index


106.96
Months Inventory
3.23

August to August up 2%, sold volume up 2.52, more evidence of a developing national market for real estate as actual sales volume- units- doesn't correspond to sold prices. Rather, I think our area appreciation is based more on competition from other cities-- and because of Hutnersville's popularity in recent years, it has reached a "national" value perhaps for this kind of suburban residential real estate? What do you think? A healthy ATS (Asking To Selling ratio) of 107% and inventory at 3.23 months indicates its continuing popularity. Here is a great photo link to introduce you to Huntersville.

No comments: