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Friday, November 22, 2024

Charlotte home prices rise in March 2020

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The median sale price of a home sold in March 2020 in Charlotte rose by $14,000 while total sales decreased by 18.5%, according to BlockShopper.com.

In March 2020, there were 1,224 homes sold, with a median sale price of $237,500 - a 6.3% increase over the $223,500 median sale price for the same period of the previous year. There were 1,502 homes sold in Charlotte in March 2019.

The median sales tax in Charlotte for the most recent year with available data, 2015, was $1,696, approximately 0.7% of the median home sale price for March 2020.

The following table compares Charlotte to other Mecklenburg County cities in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Davidson3136-13.9%$450,000$352,50027.7%
Pineville923-60.9%$314,500$235,00033.8%
Matthews3038-21.1%$298,750$276,5008%
Cornelius5485-36.5%$286,500$255,00012.4%
Huntersville85124-31.5%$279,000$278,7500.1%
Mint Hill34340%$259,500$275,500-5.8%
Charlotte1,2241,502-18.5%$237,500$223,5006.3%
Stallings00-$0$0-
Wildwoods01-100%$0$295,000-100%

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