Mint Hill NC Real Estate Market Report--July-September 2011
Mint Hill NC Real Estate Market Report—July-September
2011
Single family median sales prices in Mint
Hill NC decreased 2.4% in the third quarter of 2011 compared with the second
quarter. The third quarter median price was higher than the first quarter
median price by 10.9% The number of single family homes sold decreased as well
by 17%. Median days on market increased to 89. Only one townhome sold in Mint
Hill during the quarter at a price of $139,900, higher than first or second
quarter median prices.
What do the third 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. There are very few townhomes sales in Mint Hill.
- 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 |
Quarter 3 Year 2011 |
| Median Sales Price |
$258,500 |
$218,495 |
$195,545 |
$165,000 |
$187,500 |
$183,000 |
| Number of Homes Sold |
194 |
152 |
176 |
35 |
47 |
39 |
| Median Days on Market |
26 |
41 |
103 |
80 |
58 |
89 |
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 |
Quarter 3 Year 2011 |
| Median Sales Price |
$212,040 |
$213,495 |
$151,990 |
$132,445 |
$16,350 |
$139,900 |
| Number of Homes Sold |
5 |
4 |
18 |
6 |
4 |
1 |
| Median Days on Market |
30 |
131 |
94 |
120 |
96 |
232 |
Source: Carolina Multiple Listing Service
Most Active Neighborhoods in Mint Hill NC Third 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 Fairington Oaks Wilson Woods
Copyright 2011. Carol Fox. Allen Tate Realtors. *Mint Hill NC
Real Estate Market Report—July-September 2011*