There were 9 active properties with an average list price of $622,055 with an average of 36 days on the market.

4 properties were conditional.

1 property was pending.
1 property was temporarily off the market.
1 property was contingent.
3 properties were withdrawn.
6 expired listings.

The 7 sold homes had an average listing price of $476,227 and sold for an average of $449,804, averaging 106 days on the market.

The 7 homes that were sold for the month were located 1 at Hadley Park, 2 at Lake Forest Preserve, 1 at Providence Acres, 1 at Providence Woods South, 1 at Weddington Heritage, 1 at Weddington Hills.

1 property was conditional.
0 properties were pending.
1 property was temporarily off the market.
0 property was contingent.
4 properties were withdrawn.
0 expired listings.

The 4 sold homes had an average listing price of $1,109,970 and sold for an average of $995,495, averaging 270 days on the market.

The 4 homes that were sold for the month were located 1 at Bromley, 2 at Hadley Park and 1 at Highgate.

Sales in December were slower than normal but that was to be expected given the economy.  The next few months should be better with people taking advantage of the tax credit and all the incredible deals for buyers as more bank sales pop up.  

There were 70 homes listed as active in December at an average list price of $906,106

 No properties were contingent
3 properties were conditional
1 property went pending
4 properties were withdrawn
3 properties expired

4 properties sold at an average list price of $467,925 with an average sales price of $456,125

 The four properties that sold were in the following neighborhoods: Highgate (1), Chatelaine (1), Lake Providence (1) and Lake Forest Preserve(1).  Visit Weddington Real Estate for more information.

There were 85 homes on the market with an average list price of $865,466

4 properties had conditional contracts
There were no contingent contracts
7 properties went under contract
12 properties expired
8 homes were withdrawn

2 homes sold with an average list price of $619,450 and sales price of $556,250 and averaging 219 days on the market.

Data was drawn from the following neighborhoods: Antioch Woods, Chatelaine, Hadley Park, Highgate, Lake Forest Preserve, Lake Providence, Providence Woods, Providence Woods South, Weddington Brook, Weddington Heights and Weddington Hills.

If you are interested to learn more about Weddington Real Estate please visit our site!