Union County Real Estate Talk

head_left_image

Mint Hill NC Real Estate Market Report--January-March 2011

Mint Hill NC Real Estate Market Report—January-March 2011

Median home prices in Mint Hill NC tumbled during the first quarter of 2011 compared with 2010 prices.  Single family median prices were off 15.6% while townhome prices dropped 12.8%.  Mint Hill NC DowntownThe highest home sale price during the quarter was $409,000 for single family homes and $150,000 for the townhomes.  Thirty five single family homes and six townhomes were sold in Mint Hill during the quarter.  Median days on market dropped for single family homes but increased for townhomes.

What do the first quarter 2011 numbers mean for Mint Hill buyers and sellers?

  • Mint Hill sellers face a continued downward pressure on home pricing.  First quarter buyers were looking for homes in the lower price ranges. 
  • Buyers for properties in Mint Hill may be able to find the best pricing and values for many years.

Single Family Homes

Mint Hill Single Family Homes Year 2008 Year 2009 Year 2010 Quarter 1  Year 2011
Median Sales Price $258,500 $218,495 $195,545 $165,000
Number of Homes Sold 194 152 176 35
Median Days on Market 26 41 103 80

Source: Carolina Multiple Listing Service

Townhomes and Condominiums

Mint Hill Townhomes and Condos Year 2008 Year 2009 Year 2010 Quarter 1  Year 2011
Median Sales Price $212,040 $213,495 $151,990 $132,445
Number of Homes Sold 5 4 18 6
Median Days on Market 30 131 94 120

Source: Carolina Multiple Listing Service

Most Active Neighborhoods in Mint Hill NC  First Quarter 2011

The following neighborhoods had the most sales activity during the first quarter.  Click on the neighborhood for more information and a list of homes for sale.

Brighton Park Versage Danbrooke Park
Farmwood Lawyers Station Oxfordshire

 

Copyright 2011.  Carol Fox.  Allen Tate Realtors.  *Mint Hill NC Real Estate Market Report—January-March 2011*


Click here to contact Carol online!

Contact Carol online now!

Discover Charlotte North Carolina's Best Small Towns

Carol Fox of Allen Tate Realtors has helped people find the right homes and neighborhoods in Charlotte North Carolina's best small towns for twenty five years.

Call Carol Fox at 704-814-6242

to list your property for sale or to purchase a home in

Matthews NC, Mint Hill NC and the small towns of Union County NC, including Stallings NC, Indian Trail NC, Weddington NC, Waxhaw NC, Lake Park NC, Marvin NC, Wesley Chapel NC and Monroe NC.

Search for homes and learn more about these communities

at www.CarolinaSmallTownLiving.com.

 

 

 

Comments

This blog does not allow anonymous comments