Ellington Farm in Mint Hill NC 2011 Real Estate Market Update
Ellington Farm in Mint Hill NC—2011 Real Estate Market
Update
Custom-built homes on half acre and larger lots are what you’ll find in the
Ellington Farm neighborhood of Mint
Hill NC. Built from the late 1990s through the 2000s, the neighborhood
is conveniently located near downtown Mint Hill.
How did the 2011 real estate market in Ellington Farm compare with
the 2009 and 2010 market in the neighborhood? The table below shows
median values for several characteristics of the marketplace. Only two homes
sold in the neighborhood in 2011 compared with six to eight homes in previous
years.
Ellington Farm Real Estate Market Comparison
The 2011 median sales price dropped 13.5% in 2011 from 2010. The size of the
homes sold was 8.2% smaller than in 2010. Days on market were similar as was
the median list to sale ratio.
Ellington Farm
Single Family Market
Update |
Median Closed Price |
Median Home Square Footage |
Median Days on Market |
Median List to Sale Ratio |
| Year 2009 |
$329,000 |
3063 |
37 |
96% |
| Year 2010 |
$356,000 |
3370 |
137 |
95% |
| Year 2011 |
$307,750 |
3093 |
134 |
94% |
Source: Carolina Multiple Listing Service
Ellington Farm Types of Closed Sales
| Ellington Farm Sales Types |
Number of Closed Sales |
Percentage of Closed Sales |
| Resale |
2 |
100% |
| New Construction |
n/a |
n/a |
| Foreclosure |
n/a |
n/a |
| Short Sale |
n/a |
n/a |
Source: Carolina Multiple Listing Service
Ellington Farm Homes for Sale
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here to see Ellington Farm homes for sale.
Ever wonder what your Ellington Farm home is worth?
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here to receive a free market evaluation.
Copyright 2011. Carol Fox. Allen Tate Realtors. *Ellington Farm in
Mint Hill NC—2011 Real Estate Market Update*