Marvin NC Real Estate Market Report--January-March 2011
Marvin NC Real Estate Market Report—January-March 2011
Marvin NC is a rural town in the northwestern part of Union County. Because of its low density development, Marvin doesn’t have very many home sales. During the first quarter of 2011, there were eight home sales. The median price increased 2.7% over 2010 and roughly the same over 2009. Median days on market dropped 49.1% in the first quarter.
What do the first quarter 2011 numbers mean for Marvin buyers and sellers?
- Sellers in Marvin may find home prices stabilizing.
- Buyers for properties in Marvin may have more confidence in its housing market.
Single Family Homes
| Marvin Single Family Homes | Year 2008 | Year 2009 | Year 2010 | Quarter 1 Year 2011 |
| Median Sales Price | $731,250 | $573,270 | $570,000 | $585,804 |
| Number of Homes Sold | 34 | 30 | 39 | 8 |
| Median Days on Market | 33 | 38 | 118 | 60 |
Source: Carolina Multiple Listing Service
Most Active Neighborhoods in Marvin 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.
Marvin Creek
Firethorne
Copyright 2011. Carol Fox. Allen Tate Realtors. *Marvin NC Real Estate Market Report—January-March 2011*