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Kim Gandy
Broker/REALTOR®
    Years of Experience: 5

    CDPE - Certified Distressed Property Expert

Direct: (980) 621-9854



Company Info

RE/MAX Leading Edge
354 George W Liles Pkwy #40
Concord, NC


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Housing Market

2009 Housing Statistics for Kannapolis, NC

Thursday, February 4th, 2010

Below are statistics from 01/01/2009 to 01/01/2010 for single-family homes currently on the market (active), homes under strong contract (pending), home with a “Conditional” contract, and homes Sold suring this period.  This is all homes located in Cabarrus and Rowan counties with a Kannapolis address.  The chart below is from the Charlotte Multiple Listing Service.

Active – 310 Properties Found

Square Feet

Bedrooms

Full Baths

Half Baths

List Price

Sale Price

Days On Market

Min

600 – 800

1

1

0

$ 14,900

$ 0

31

Avg

1600 – 2000

3

1

0

$ 196,043

$ 0

153

Max

7500 – 8800

6

6

3

$ 1,499,000

$ 0

902

Conditional – 5 Properties Found

Square Feet

Bedrooms

Full Baths

Half Baths

List Price

Sale Price

Days On Market

Min

700 – 900

2

1

0

$ 49,000

$ 0

55

Avg

1700 – 2100

2

1

0

$ 125,498

$ 0

209

Max

3600 – 4300

4

3

1

$ 299,000

$ 0

327

Pending – 28 Properties Found

Square Feet

Bedrooms

Full Baths

Half Baths

List Price

Sale Price

Days On Market

Min

800 – 1000

2

1

0

$ 44,900

$ 0

1

Avg

1700 – 2000

3

2

0

$ 153,504

$ 0

90

Max

2700 – 3300

5

3

1

$ 389,900

$ 0

450

Sold – 320 Properties Found

Square Feet

Bedrooms

Full Baths

Half Baths

List Price

Sale Price

Days On Market

Min

0

1

0

0

$ 22,500

$ 17,000

1

Avg

1614

3

1

0

$ 122,828

$ 116,701

103

Max

10629

6

6

2

$ 999,999

$ 927,000

587

Summary – 663 Properties Found

Square Feet

Bedrooms

Full Baths

Half Baths

List Price

Sale Price

Days On Market

Min

0

1

0

0

$ 14,900

$ 17,000

1

Avg

1500 – 1900

3

1

0

$ 158,377

$ 116,701

127

Max

9500 – 11200

6

6

3

$ 1,499,000

$ 927,000

902

Charlotte Local Housing Market Stabilizing

Wednesday, September 30th, 2009

Charlotte-metro home prices experienced their fourth monthly gain this year.  This indicator bodes well for our local housing market signifying stability.  To see how Charlotte fares against 20 urban markets for re-sales of existing homes, according to The Charlotte Observer, please visit http://www.charlotteobserver.com/business/story/976679.html

Charlotte, NC Real Estate: Charlotte Metro area, top 5 city for Home Price

Tuesday, September 22nd, 2009

According to Forbes.com, the Charlotte Metro Area is one of top five cities forecasted for home price increases. To read all about this great news, please visit http://finance.yahoo.com/real-estate/article/107740/where-home-prices-are-likely-to-rise.html?mod=realestate-buy

Kannapolis Real Estate Marketing Finally Bottoming Out

Thursday, August 27th, 2009

The Charlotte Observer reported today that home prices in our area are increasing.  This is a good sign that the local real estate market has bottomed out.

Housing Market: May Housing Construction Jumps by 17.2%

Friday, June 19th, 2009

May Housing Construction Jumps by 17.2%!

Construction of new homes jumped in May by the largest amount in three months, an encouraging sign that the nation’s deep housing recession is beginning to bottom out.

Kannapolis Housing Market Update

Friday, June 12th, 2009

Average sales price is up in Kannapolis.  Below are statistics from May 1, 2009, to May 31, 2009 for single-family homes currently on the market, homes under contract, and homes that have sold during this period.  The chart below is from the Charlotte Multiple Listing Service:

kannapolis-housing-market

Market Recap

  • Avg. Sales Price: $150,742

  • Avg. Days on Market: 71

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