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Mint Hill NC Real Estate Market Report--Year 2010

Mint Hill NC Real Estate Market Report—Year 2010

How did the Mint Hill NC real estate market fare during 2010 and how did 2010 market activity compare with 2009 and 2008?

The tables below compare the Mint Hill NC real estate market for years 2008 through 2010.  176 single family homes and 18 townhomes closed in Mint Hill in 2010.  The highest priced single family home sale was $650,000.  The highest priced townhome sale was $217,000.  Median days on the market jumped for single family homes while townhome days on market declined from the previous year.  The median list to sale ratio in 96% for single family homes and 94% for townhomes.

Single Family Homes in Mint Hill NC

The median sales price in Mint Hill was down 10.4% from 2009 and off 24% from 2008.  The number of homes sold during 2010 increased 15.7% but was 9.2% lower than the number sold in 2008.  Median days on the market were up 151% from 2009.

Mint Hill Single Family HomesYear 2008Year 2009Year 2010
Median Sales Price$258,500$218,495$195,545
Number of Homes Sold194152176
Median Days on Market2641103

Source:  Carolina Multiple Listing Service

Townhomes and Condominiums in Mint Hill NC

The number of townhomes sold in Mint Hill during 2010 increase dramatically.  This increase was primarily due to the sale of new construction in Brighton Park.  The median sales price in 2010 was off almost 29% from 2009.  Median days on the market declined in 2010 from 2009.

Mint Hill Townhomes and CondosYear 2008Year 2009Year 2010
Median Sales Price$212,040$213,495$151,990
Number of Homes Sold5418
Median Days on Market3013194

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Mint Hill NC

The most active Mint Hill NC neighborhoods in 2010 are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 and 2010 real estate activity and to search for current homes for sale.

Timber CreekBainbridgeBrighton Park
Danbrooke ParkEllington FarmFarmwood
Jonathans LandingLawyers StationOlde Sycamore
Oxford GlenOxfordshirePortofino
   

Copyright 2011.  Carol Fox.  Allen Tate Realtors.  *Mint Hill NC Real Estate Market Report—Year 2010*


Posted: Tuesday, January 04, 2011 4:50 PM by Carol Fox

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