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Monday, November 25, 2024

Pineville home prices fall in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Pineville fell by $4,000 while total sales increased by 9.8%, according to BlockShopper.com.

From October through December of 2019, there were 56 homes sold, with a median sale price of $231,000 - a 1.7% decrease over the $235,000 median sale price for the same period of the previous year. There were 51 homes sold in Pineville in the fourth quarter of 2018.

The median sales tax in Pineville for the most recent year with available data, 2015, was $1,501, approximately 0.6% of the median home sale price for the fourth quarter of 2019.

The following table compares Pineville to other Mecklenburg County cities in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Stallings40-$385,000$0-
Davidson73712.8%$373,000$343,0008.7%
Mint Hill13411714.5%$297,000$247,50020%
Huntersville35930318.5%$289,000$280,0003.2%
Cornelius23619123.6%$286,000$273,0004.8%
Matthews1579860.2%$272,000$266,7502%
Charlotte4,3423,66718.4%$231,000$205,00012.7%
Pineville56519.8%$231,000$235,000-1.7%
Wildwoods310-70%$155,000$170,500-9.1%

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