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. 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*