The pie chart inserted here shows the percentage of activity over the past year for all downtown activity, currently available, under contract, and sold. I have separated the segments into price points to deliver the graphical results.
Fully 82% of all activity is taking place below $400k. The biggest segment is under $200k. I have further breakdowns available separating out the available/contract/sold numbers by price point. If you would like those numbers, please contact me at firstname.lastname@example.org, and I will send you the data you request.
The recovery of the housing market is happening fast. Property priced properties are disappearing almost as fast as they appear on the market. With little new inventory entering the market, things will shift to become more of a Sellers Market, though prices have not returned to pre-recession levels. It is common to have multiple offers being made on properties which leads to a best and final pricing.
If you have been thinking of listing your property, please call me, 704-236-7119. I will provide you with an analysis of your building and the market in general in order to help you make an informed decision.