Once again Caldwell County led the way with just over 12% of all available inventory under contract. Most notable is that all counties posted gains over last month, signaling the arrival of the home selling season. Hildebran, Sherrills Ford, Hudson, Hickory, and Granite Falls comprise the top top 5 sub-markets this month. Banks (REO) continue to far outpace all other owners.
To review, our methodology compares unsold home inventory with homes that have a contract for eminent sale (status “pending”). The scope of the analysis is the Greater Hickory Metro and its largest sub-markets. Sub-markets are based on zip code. Hickory’s zip codes 28601 and 28602 are filtered by county. The counties and sub-markets are ranked according to their percentage of pending homes sales.
This month’s rankings are available for download (PDF) by clicking this link: Pending-Home-Sales-03-27-2011.
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