Union County Real Estate Talk

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Mint Hill NC Real Estate Market Report--April-June 2011

Mint Hill NC Real Estate Market Report—April-June 2011

Single family median sales prices in Mint Hill NC increased 13.6% in the second quarter of 2011. Mint Hill Clipart The number of single family homes sold increased as well by 34.2%.  Median days on market dropped to 58, a 27.5% decrease.  The townhome and condominium median sales price was only $16,350 in the second quarter.  This price is the result of three out of the four sales being foreclosures in the same complex.

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

  • Sellers of single family homes in Mint Hill may see home prices stabilizing in 2011. 
  • Buyers for properties in Mint Hill can find affordable prices in neighborhoods with convenient access to amenities.

Single Family Homes

Mint Hill Single Family Homes Year 2008 Year 2009 Year 2010 Quarter 1 Year 2011 Quarter 2 Year 2011
Median Sales Price $258,500 $218,495 $195,545 $165,000 $187,500
Number of Homes Sold 194 152 176 35 47
Median Days on Market 26 41 103 80 58

Source: Carolina Multiple Listing Service

Townhomes and Condominiums

Mint Hill Townhomes and Condos Year 2008 Year 2009 Year 2010 Quarter 1 Year 2011 Quarter 2  Year 2011
Median Sales Price $212,040 $213,495 $151,990 $132,445 $16,350
Number of Homes Sold 5 4 18 6 4
Median Days on Market 30 131 94 120 96

Source: Carolina Multiple Listing Service

 Most Active Neighborhoods in Mint Hill NC  Second Quarter 2011

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

Brighton Park       Farmwood       Versage

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


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