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Monday, November 25, 2024

Wildwoods home prices fall in the second half of 2019

Re 11

The median sale price of a home sold in the second half of 2019 in Wildwoods fell by $21,000 while total sales decreased by 40%, according to BlockShopper.com.

From July through December of 2019, there were nine homes sold, with a median sale price of $150,000 - a 12.3% decrease over the $171,000 median sale price for the same period of the previous year. There were 15 homes sold in Wildwoods in the second half of 2018.

The median sales tax in Wildwoods for the most recent year with available data, 2015, was $1,041, approximately 0.7% of the median home sale price for the second half of 2019.

The following table compares Wildwoods to other Mecklenburg County cities in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Stallings50-$375,000$0-
Davidson171184-7.1%$365,000$354,0003.1%
Mint Hill2582551.2%$295,000$250,00018%
Cornelius5064727.2%$295,000$290,0001.7%
Huntersville7867544.2%$292,000$290,0000.7%
Matthews31323831.5%$278,000$278,250-0.1%
Pineville1111091.8%$242,000$220,00010%
Charlotte9,0558,2409.9%$231,000$210,00010%
Wildwoods915-40%$150,000$171,000-12.3%

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