How did home prices perform in Unionville during the first half of 2017?

How did home prices perform in Unionville during the first half of 2017?
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The median sale price of a home sold in the first half of 2017 in Unionville fell by $66,500 while total sales decreased by 51.4%, according to BlockShopper.com.

From January through June of 2017, there were 18 homes sold, with a median sale price of $163,500 – a 28.9% decrease over the $230,000 median sale price for the same period of the previous year. There were 37 homes sold in Unionville in the first half of 2016.

The median sales tax in Unionville for 2017 was $1,504. In 2016, the median sales tax was $1,439. This marks an increase of 4.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.9%.

The following table compares Unionville to other Union County cities with similar median sale prices in the first half of 2017:

City Jan. – June 2017 Home Sales Jan. – June 2016 Home Sales % change (Total Home Sales) Jan. – June 2017 Median Sales Price Jan. – June 2016 Median Sales Price % change (Median Sales Price)
Matthews 13 12 8.3% $295,000 $368,000 -19.8%
Mineral Springs 26 22 18.2% $242,500 $209,000 16%
Stallings 103 131 -21.4% $240,000 $219,000 9.6%
Indian Trail 233 389 -40.1% $240,000 $230,000 4.3%
Monroe 247 393 -37.2% $185,000 $165,500 11.8%
Hemby Bridge 8 5 60% $177,500 $160,000 10.9%
Lake Park 20 26 -23.1% $174,500 $173,750 0.4%
Unionville 18 37 -51.4% $163,500 $230,000 -28.9%
Wingate 17 30 -43.3% $163,000 $133,500 22.1%
Marshville 22 31 -29% $126,000 $122,000 3.3%
Fairview 6 9 -33.3% $101,250 $97,000 4.4%


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