Maurice Barnes' Market Report

Davidson, NC

Single-Family Homes

Keller Williams Realty | 704-610-4112 | maurice.barnes@kw.com



Davidson, NC

Sat Mar 02 2024
This week the median list price for Davidson, NC is $1,100,000 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has increased to 34. Click here to stay informed with the Davidson market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Davidson, NC

Sat Mar 02 2024
This week the median list price for Davidson, NC is $1,100,000 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has increased to 34. Click here to stay informed with the Davidson market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Davidson market.
Median List Price $1,100,000
Median Price of New Listings $659,900
Per Square Foot $389
Average Days on Market 60
Median Days on Market 25
Price Decreased 18%
Price Increased 12%
Relisted 6%
Inventory 34
Median Rent
Market Action 42
Slight Seller's Advantage

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,876,000 5,389 1 - 2.5 acres 4 4.8 5 0 0 49
$1,500,000 3,965 0.5 - 1 acre 4 4 13 2 0 10
$800,000 3,120 6,500 - 8,000 sqft 4 2.5 3 0 1 21
$514,465 1,448 8,000 - 10,000 sqft 3 2 22 3 3 49