Friday, October 26, 2007

Concord, NC – Real Estate Market Update / Report 10/26/07

The average sale price of a home in the Concord area is $226,195. Homes are selling for 96.59% of the list price and are on the market for an average of 98 days.

As of 10/25/07

Zip Code: 28025, 28026, 28027

Concord is just 20 minutes north, northeast of the city of Charlotte and is home to the famous Lowes Motor Speedway. Part of one of the hottest Real Estate markets it really has is all! You are 20 minutes from beautiful Lake Norman, just 1 hour from the mountains, just 3 hours from the ocean and best of all there is great weather. If you like nice people and plenty to do, this is the place for you.

Other Charlotte Area Standouts: The Home of most of the top NASCAR Teams, Charlotte Bobcats (NBA Basketball), Carolina Panthers (NFL Team), University of North Carolina/Charlotte, Lowes Motor Speedway and the Concord Mills Mall.

ZIP Codes: 28025, 28026, 28027

Approximate Location Boundaries: The City of Charlotte, 20 minutes from Lake Norman

Location Characteristics: Concord is about 15 minutes northeast of Charlotte NC. Concord is an ideal place to live do to its close proximity to the city as well as Lake Norman. Other places of interest in the area include Lowes Motor Speedway, Bobcat (NBA) Arena and B of A (Panthers/NFL) Stadium.

For additional information about Concord Homes contact Lake Norman Home Specialist: Craig LePage, Broker / Realtor of Keller Williams Realty, Cornelius N.C. 704-618-2412

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