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Tuesday, November 5, 2024

Charlotte home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Charlotte rose by $7,000 while total sales increased by 2.6%, according to BlockShopper.com.

In August 2019, there were 1,681 homes sold, with a median sale price of $225,000 - a 3.2% increase over the $218,000 median sale price for the same period of the previous year. There were 1,638 homes sold in Charlotte in August 2018.

The median sales tax in Charlotte for the most recent year with available data, 2015, was $1,696, approximately 0.8% of the median home sale price for August 2019.

The following table compares Charlotte to other Mecklenburg County cities in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Davidson3740-7.5%$341,000$390,500-12.7%
Huntersville147154-4.5%$290,000$292,500-0.9%
Mint Hill4161-32.8%$289,000$230,00025.7%
Cornelius100973.1%$273,750$310,000-11.7%
Matthews503735.1%$267,500$287,500-7%
Pineville1621-23.8%$236,500$236,0000.2%
Charlotte1,6811,6382.6%$225,000$218,0003.2%
Wildwoods21100%$182,500$310,000-41.1%
Stallings00-$0$0-

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