Union County Real Estate Talk

Mint Hill NC Real Estate Market Report—April-June 2010

How did the Mint Hill NC real estate market fare in the second quarter of 2010 and how did it compare with 2009? 

Activity in the Mint Hill NC real estate market during the second quarter showed the effects of the federal tax credit stimulus.  The number of single family homes sold during the second quarter increased more than 300% over first quarter closings.  Average sales prices in the second quarter were off approximately 12% likely reflecting the number of first time home buyers in the marketplace.  Average days on market decreased substantially in the second quarter.

Fewer townhomes and condos sold in the second quarter in Mint Hill.  The average price declined slightly while average days on market showed a substantial decrease.

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

The chart below shows average sales prices in Mint Hill NC for single family homes and townhomes in 2008 and 2009 plus first and second quarter 2010.

Single Family Homes in Mint Hill NC

2009 Average Sales Price:  $246,025   First Quarter 2010 Average Sales Price:  $244,428  Second Quarter 2010 Average Sales Price:  $214,814

2009 Number of Homes Sold:  147    First Quarter 2010 Number of Homes Sold:  21  Second Quarter 2010 Number of Homes Sold:  66   

2009 Average Days on Market:  114   First Quarter 2010 Average Days on Market:  158   Second Quarter 2010 Average Days on Market:  94     

Townhomes and Condominiums in Mint Hill NC

2009 Average Sales Price:  $282,247    First Quarter 2010 Average Sales Price:  $153,378   Second Quarter 2010 Average Sales Price:  $149,666  

2009 Number of Homes Sold:  4       First Quarter 2010 Number of Homes Sold:  5    Second Quarter 2010 Number of Homes Sold:  3    

2009 Average Days on Market:  176     First Quarter 2010 Average Days on Market:  116    Second Quarter 2010 Average Days on Market:  69

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Mint Hill NC

The most active Mint Hill 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.

Farmwood

Brighton Park

Olde Sycamore

Mint Hill NC Real Estate Market Report—January-March 2010

How did the Mint Hill NC real estate market fare in the first quarter of 2010 and how did it compare with 2009? 

During the first quarter of 2010, average sales prices for single family homes in Mint Hill NC remained unchanged from prices in 2009.  Average days on market increased from under four months to over five months.  The average sales price for townhomes and condominiums dropped significantly due to the fact that the only townhomes sold during the first quarter were in the same complex in Brighton Park.

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

The chart below shows average sales prices in Mint Hill NC for single family homes and townhomes in 2008 and 2009 plus first quarter 2010.

Single Family Homes in Mint Hill NC

2009 Average Sales Price:  $246,025   First Quarter 2010 Average Sales Price:  $244,428

2009 Number of Homes Sold:  147    First Quarter 2010 Number of Homes Sold:  21    

2009 Average Days on Market:  114   First Quarter 2010 Average Days on Market:  158     

Townhomes and Condominiums in Mint Hill NC

2009 Average Sales Price:  $282,247    First Quarter 2010 Average Sales Price:  $153,378    

2009 Number of Homes Sold:  4       First Quarter 2010 Number of Homes Sold:  5      

2009 Average Days on Market:  176     First Quarter 2010 Average Days on Market:  116

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Mint Hill NC

The most active Mint Hill 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.

Farmwood

Brighton Park

Mint Hill NC Real Estate Market Report—2009

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

The 2009 Mint Hill NC real estate market reflected the market in Charlotte and surrounding areas.  Single family average sales prices were down about sixteen percent from 2008, an indication that first time home buyers dominated the marketplace.  Average prices for Mint Hill condominiums and townhomes rose 27% in 2009 although only four units sold.  Time on the market increased for Mint Hill sellers with days on market up 15% for single family homes and up 83% for condominiums and townhomes.

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

The chart below shows average sales prices in Mint Hill NC for single family homes and condos/townhomes for 2008 and 2009 plus each 2009 quarter.

Single Family Homes in Mint Hill NC

2008 Average Sales Price:  $296,011      2009 Average Sales Price:  $246,025    Year-to-Year Change:  -16%

2008 Number of Homes Sold:  191        2009 Number of Homes Sold:  147      Year-to-Year Change:  -23%

2008 Average Days on Market:  99        2009 Average Days on Market:  114      Year-to-Year Change:  +15%

Townhomes and Condominiums in Mint Hill NC

2008 Average Sales Price:  $220,611      2009 Average Sales Price:  $282,247     Year-to-Year Change:  +27%

2008 Number of Homes Sold:  5          2009 Number of Homes Sold:  4        Year-to-Year Change:  -20%

2008 Average Days on Market:  96      2009 Average Days on Market:  176     Year-to-Year Change:  +83%

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Mint Hill NC 2009

The most active Mint Hill 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.

Brighton Park

Farmwood

Portofino

Oxfordshire

Summerwood

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

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

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

Mint Hill NC Real Estate Market Report--2009 Third Quarter Data and Change from 2009 Second Quarter

Single Family Homes in Mint Hill NC

Number of Sales:  40

Change from second quarter:  +21%

Average Price:  $218,583

Change from second quarter:  -19%

Average Days on Market:  106

Change from second quarter:  -28%

Current Active Listings:  152

Change from second quarter:  no change

Most Active Neighborhoods:  Brighton Park, Farmwood

Townhomes and Condominiums in Mint Hill NC

Number of Sales:  1

Change from second quarter:  no change

Average Price:  $227,000

Change from second quarter:  -58%

Average Days on Market:  233

Change from second quarter:  +102%

Current Active Listings:  12

Change from second quarter:  no change

Most Active Neighborhoods:  Brighton Park

Source:  Carolina Multiple Listing Service

Compare with the 2008 Mint Hill NC real estate market.

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

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

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

Mint Hill NC Real Estate Market Report--2009 Second Quarter Data and Change from 2009 First Quarter

Single Family Homes in Mint Hill NC

Number of Sales:  33

Change from first quarter:  +26%

Average Price:  $272,332

Change from first quarter:  +11%

Average Days on Market:  148

Change from first quarter:  +57%

Number of Contracts Pending:  16

Change from first quarter:  -15%

Current Active Listings:  154

Change from first quarter:  no change

Most Active Neighborhoods:  Telfair, Morgan Run, Kemper Downs

Townhomes and Condominiums in Mint Hill NC

Number of Sales:  1

Change from first quarter:  no change

Average Price:  $545,000

Change from first quarter:  not enough data

Average Days on Market:  115

Change from first quarter:  -45%

Number of Contracts Pending:  none

Change from first quarter:  not enough data

Current Active Listings:  12

Change from first quarter:  no change

Most Active Neighborhoods:  Villas of Brooks Knoll

Source:  Carolina Multiple Listing Service 

Compare with the 2008 Mint Hill NC Real Estate Market.

Copyright 2009.  Carol Fox.  *Mint Hill NC Real Estate Market Report--Second Quarter 2009*

What happened in the Mint Hill NC real estate market during April and May of 2009?

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

Mint Hill NC Real Estate Market Report--April to May 2009

Single Family Homes in Mint Hill NC                              

Number of Sales:  24

Price Range:  $52,000 to $540,000

Average Heated Area:  2744 sq.ft.

Average Price:  $272,586

Average 2008 Price:  $296,011    Change: -7%

Average Days on Market:  128

Number of Contracts Pending:  19

Most Active Neighborhood:  Farmwood and Telfair

Current Active Listings on Market:  163

Townhomes and Condominiums in Mint Hill NC

Number of Sales:  1 

Price Range:  $545,000

Average Heated Area:  3489 sq.ft.

Average Price:  $545,000

Average 2008 Price:  $220,611    Change:  not enough data

Average Days on Market:  115

Number of Contracts Pending:  none

Most Active Neighborhood:  Villas of Brooks Knoll

Current Active Listings on Market:  8

Source:  Carolina Multiple Listing Service

Compare with the 2008 Mint Hill NC Real Estate Market. 

Learn more about real estate and living in Mint Hill NC.

Copyright 2009.  Carol Fox.  *Mint Hill NC Real Estate Market Report--March to April 2009* 

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

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

Mint Hill NC Real Estate Market Report--January to March 2009

Single Family Homes in Mint Hill NC

Number of Sales:  26

Price Range:  $110,000 to $575,000

Average Heated Area:  2662 sq.ft.

Average Price:  $244,480

Average 2008 Price:  $296,011    Change: -17%

Average Days on Market:  94

Number of Contracts Pending:  19

Most Active Neighborhood:  Brighton Park and Olde Sycamore

Current Active Listings on Market:  155

Townhomes and Condominiums in Mint Hill NC

Number of Sales:  1 

Price Range:  $199,990

Average Heated Area:  1706 sq.ft.

Average Price:  $199,990

Average 2008 Price:  $220,611    Change:  -9%

Average Days on Market:  212

Number of Contracts Pending:  1

Most Active Neighborhood:  Traditions at Lawyers Glen

Current Active Listings on Market:  13

Source:  Carolina Multiple Listing Service

Compare with the 2008 Mint Hill NC Real Estate Market. 

Learn more about real estate and living in Mint Hill NC.

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

Do you want to know how the Mint Hill 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 neighborhoods within the Town of Mint Hill NC. 

2008 Real Estate Market Report for Mint Hill NC

Single Family Homes

Number of Sales:  191   Price Range:  $88,660 to $1,450,000   Average Heated Area:  2601 sf   Average Price:  $296,011  Average Days on Market:  99

Townhouses and Condos

Number of Sales:  5       Price Range: $49,000 to $420,000      Average Heated Area:  1810 sf   Average Price:  $220,611   Average Days on Market:  96

Most Active Neighborhoods in Mint Hill NC  2008

Heathergate   Years Built:  1978-1980

Number of Sales:  7       Price Range:  $88,660 to $119,500     Average Heated Area:  1117 sf   Average Price: $103,679  Average Days on Market:  115

Schools 2008-09:  Lebanon Road Elementary, Northeast Middle, Independence High

Lawyers Station   Years Built:  1982-1986

Number of Sales:  11     Price Range:  $107,500 to $140,000   Average Heated Area:  1493 sf   Average Price:  $129,754   Average Days on Market:  59

Schools 2008-09:  Lebanon Road Elementary, Northeast Middle, Independence High

Danbrooke Park   Years Built:  1984-1991

Number of Sales:  10     Price Range: $100,000 to $172,000   Average Heated Area:  1818 sf    Average Price:  $149,250   Average Days on Market:  85

Schools 2008-09:  Lebanon Road Elementary, Northeast Middle, Independence High

Versage   Years Built:  2003-2008

Number of Sales:  10    Price Range:  $183,000 to $300,000   Average Heated Area:  3235 sf    Average Price:  $227, 501  Average Days on Market: 116

Schools 2008-09:  Lebanon Road Elementary, Northeast Middle, Independence High

Farmwood   Years Built:  1972-1995

Number of Sales:  15     Price Range:  $146,100 to $309,000   Average Heated Area:  2519 sf    Average Price:  $239,353   Average Days on Market: 95

Schools 2008-09:  Lebanon Road Elementary, Northeast Middle, Independence High or Bain Elementary, Mint Hill Middle, Butler High

Brighton Park   Years Built:  2004-2007

Number of Sales:  12    Price Range:  $216,665 to $280,000   Average Heated Area:  2324 sf   Average Price:  $239,676   Average Days on Market:  116

Schools 2008-09:  Bain Elementary, Mint Hill Middle, Butler High

Oxfordshire   Years Built:  1997-2007

Number of Sales:  12    Price Range: $231,500 to $315,000   Average Heated Area:  3042 sf   Average Price:  $275,415   Average Days on Market:  92

Schools 2008-09:  Clear Creek Elementary, Northeast Middle, Independence High

Morgan Run   Years Built:  2007-2008

Number of Sales:  10    Price Range:  $320,000 to $410,000   Average Heated Area:  3504 sf   Average Price:  $344,860   Average Days on Market:  179

Schools 2008-09: Bain Elementary, Mint Hill Middle, Butler High

Olde Sycamore   Years Built:  1997-2008

Number of Sales:  16    Price Range:  $238,000 to $535,000    Average Heated Area:  3204 sf  Average Price:  $351,268   Average Days on Market:  91

Schools 2008-09:  Bain Elementary, Mint Hill Middle, Butler High or Fairview Elementary, Piedmont Middle, Piedmont High (Union County)

Summerwood   Years Built:  2008

Number of Sales:  6     Price Range:  $350,000 to $464,500   Average Heated Area:  3189 sf    Average Price:  $397,237   Average Days on Market:  94

Schools 2008-09:  Bain Elementary, Mint Hill Middle, Butler High

Casabella  Years Built:  2007

Number of Sales:  5      Price Range:  $453,000 to $615,167   Average Heated Area:  3735 sf    Average Price:  $558,426   Average Days on Market:  354

Source:  Carolina Regional Realtor Association 

Learn more about Mint Hill NC schools:  

School Progress Reports in the Charlotte-Mecklenburg Schools

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

Visit www.CarolinaSmallTownLiving.com.

Copyright 2009.  Carol Fox.  All rights reserved.  "Mint Hill NC 2008 Real Estate Market Report"