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Friday, November 22, 2024

Davidson home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Davidson rose by $25,000 while total sales increased by 9.6%, according to BlockShopper.com.

From January through March of 2020, there were 80 homes sold, with a median sale price of $365,000 - a 7.4% increase over the $340,000 median sale price for the same period of the previous year. There were 73 homes sold in Davidson in the first quarter of 2019.

The median sales tax in Davidson for the most recent year with available data, 2015, was $3,323, approximately 0.9% of the median home sale price for the first quarter of 2020.

The following table compares Davidson to other Mecklenburg County cities in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Davidson80739.6%$365,000$340,0007.4%
Huntersville241261-7.7%$290,000$277,0004.7%
Cornelius19216814.3%$286,500$295,250-3%
Matthews1051050%$285,000$282,0001.1%
Pineville3750-26%$268,000$218,25022.8%
Mint Hill927522.7%$263,000$260,0001.2%
Charlotte3,5903,5221.9%$233,000$210,00011%
Stallings00-$0$0-
Wildwoods03-100%$0$200,000-100%

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