Union County Real Estate Talk

Marvin NC Real Estate Market Report—April-June 2010

How did the Marvin NC real estate market fare during the second quarter of 2010 and how did it compare with 2009? 

The second quarter average sales price in Marvin NC rose 4% over the average sales price during the first quarter 2010 and 7% over 2009 average sales prices.  The number of homes dropped from first quarter sales.

Marvin NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Marvin NC for single family homes in 2008 and 2009 plus the first and second quarter of 2010.

Single Family Homes in Marvin NC

2009 Average Sales Price:  $592,573   January-March 2010 Average Sales Price:  $611,415    June-April 2010 Average Sales Price:  $638,822  

2009 Number of Homes Sold:  38       January-March 2010 Number of Homes Sold:  13    June-April 2010 Number of Homes Sold:  9

2009 Average Days on Market:  106    January-March 2010 Days on Market:  150   June-April 2010 Days on Market:  121  

Most Active Neighborhoods in Marvin NC

The most active Marvin NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Marvin Creek

Marvin NC Real Estate Market Report—January-March 2010

How did the Marvin NC real estate market fare during the first quarter of 2010 and how did it compare with 2009? 

The average sales price in Marvin NC increased in the first quarter of 2010 over all of 2009.  The number of homes sold was relatively larger as well.  Average days on market increased in Marvin to five months.

Marvin NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Marvin NC for single family homes in 2008 and 2009 plus the first quarter of 2010

Single Family Homes in Marvin NC

2009 Average Sales Price:  $592,573     January-March 2010 Average Sales Price:   $611,415

2009 Number of Homes Sold:  38          January-March 2010 Number of Homes Sold:  13

2009 Average Days on Market:  106      January-March 2010 Average Days on Market:  150

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Marvin NC 2009

The most active Marvin NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Marvin Creek

Weddington Chase

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Marvin NC Real Estate Market Report—January-March 2010*

Marvin NC Real Estate Market Report—2009

How did the Marvin NC real estate market fare in 2009 and how did it compare with 2008? 

The Marvin NC real estate market is a small market because of the limited number of neighborhoods within the town limits.  Many of these neighborhoods are luxury communities and the 21% drop in prices in 2009 reflects the difficulty of the high-end market.  More homes sold in 2009 than in 2008 with total sales up 11%.  Marvin sellers sold their properties slightly faster in 2009, waiting on average only 106 days for a contract.

Marvin NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Marvin NC for single family homes in 2008 and 2009 plus each 2009 quarter.

Single Family Homes in Marvin NC

2008 Average Sales Price:  $756,884      2009 Average Sales Price:  $592,573    Year-to-Year Change:  -21%

2008 Number of Homes Sold:  34        2009 Number of Homes Sold:  38      Year-to-Year Change:  +11%

2008 Average Days on Market:  111        2009 Average Days on Market:  106      Year-to-Year Change:  -4%

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Marvin NC 2009

The most active Marvin NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Marvin Creek

Weddington Chase

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Marvin NC Real Estate Market Report—2009*

How did Marvin NC real estate market activity in the third quarter of 2009 compare with the second quarter?

This post will summarize third quarter 2009 real estate sales in Marvin NC plus compare changes in sales data with second quarter 2009 results.  The chart shows average sales prices in Marvin NC for 2008 and each quarter of 2009.

Marvin NC Real Estate Market Report--July to September 2009

Single Family Homes in Marvin NC

Number of Sales:  18

Change from second quarter:  +157%

Average Price:  $577,425

Change from second quarter:  +20% 

Average Days on Market:  95

Change from second quarter:  -8%

Most Active Neighborhood:  Weddington Chase, Marvin Creek

Current Active Listings on Market:  51

Change from second quarter:  +4%

Source:  Carolina Multiple Listing Service

Compare with the 2008 Marvin NC real estate market.

Copyright 2009.  Carol Fox.  *Marvin NC Real Estate Market Report--July to September 2009*

How did Marvin NC real estate market activity in the second quarter of 2009 compare with the first quarter?

This post will summarize second quarter 2009 real estate sales in Marvin NC plus compare changes in sales data with first quarter 2009 results.

Marvin NC Real Estate Market Report--April to June 2009

Single Family Homes in Marvin NC

Number of Sales:  7

Change from first quarter:  +133%

Average Price:  $481,009

Change from first quarter:  +3% 

Average Days on Market:  104

Change from first quarter:  -7%

Most Active Neighborhood:  Marvin Creek, Weddington Chase

Current Active Listings on Market:  49

Change from first quarter:  -23%

Source:  Carolina Multiple Listing Service

Compare with the 2008 Marvin NC Real Estate Market. 

Learn more about real estate and living in Marvin NC.

Copyright 2009.  Carol Fox.  *Marvin NC Real Estate Market Report--April to June 2009* 

What happened in the Marvin NC real estate market during the first three months of 2009?

This post will summarize first quarter real estate sales in Marvin NC plus compare average sold prices with 2008 closed prices.

Marvin NC Real Estate Market Report--January to March 2009

Single Family Homes in Marvin NC

Number of Sales:  3

Price Range:  $400,000 to $525,000

Average Heated Area:  3809 sq.ft.

Average Price:  $468,333

Average 2008 Price:  $752,250    Change: -37%

Average Days on Market:  112

Number of Contracts Pending:  5

Most Active Neighborhood:  Marvin Creek

Current Active Listings on Market:  64

Source:  Carolina Multiple Listing Service

Compare with the 2008 Marvin NC Real Estate Market. 

Learn more about real estate and living in Marvin NC.

Copyright 2009.  Carol Fox.  *Marvin NC Real Estate Market Report--January to March 2009* 

Do you want to know how the Marvin NC real estate market fared in 2008?

This post will summarize the 2008 real estate sales for the town as a whole plus report on the most active neighborhood within the Village of Marvin.

2008 Real Estate Market Report for Marvin NC

Single Family Homes

Number of Sales:  24   Price Range:  $115,000 to $2,400,000   Average Heated Area:  4860 sf   Average Price:  $742,556   Average Days on Market:  111

Most Active Neighborhood in Marvin NC 2008

Firethorne   Years Built:  1999-2002

Number of Sales:  8   Price Range: $615,000 to $950,000   Average Heated Area:  4927 sf   Average Price:  $752,250   Average Days on Market:  125

Schools 2008-09:  Marvin Elementary, Marvin Ridge Middle, Marvin Ridge High

Source:  Carolina Multiple Listing Service

Learn more about Marvin NC schools: 

Union County Schools:  Just How Good Are They?

Want to know more about the Marvin NC real estate market and Marvin NC neighborhoods?

Visit www.CarolinaSmallTownLiving.com.

Copyright 2009.  All rights reserved.  "Marvin NC 2008 Real Estate Market Report"