Davidson – August Real Estate Report

Davidson, North Carolina

Closed Sales

Closed sales in Davidson dipped a bit in Augst, however looking back a year in August of 2018 54 homes were for sale.

August 44

July 54

June 58

August 2018 54

Months Supply

Generally a 6 month supply or more is viewed as the beginning of a buyers type market. However Davidson remains very much in demand despite the around 5 month supply. I would still characterize Davidson as currently still being in a sellers type market.

August 5

July 5.2

June 5.0

August 2018 4.70

Median Days on Market

Median days on market has fluctuated from the 20’s to nearly forty days over the past year.

August 39

July 34

June 25

August 2018 36

Homes For Sale

The number of homes for sale In Davidson the past 3 months has stayed relatively consistent. August  of 2018 Homes for sale were under 200. the Inventory has incrementally increased over the year.

August 221

July 224

June 218

August 2018 197

Average Home Price

The average closed home price in Davison has ranged from around $450,000 to $520,000

August $449,935

July $487,938

June $513,00

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