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Tuesday, November 5, 2024

Pineville home prices fall in May 2020

Re 10

The median sale price of a home sold in May 2020 in Pineville fell by $11,500 while total sales decreased by 60%, according to BlockShopper.com.

In May 2020, there were 10 homes sold, with a median sale price of $268,500 - a 4.1% decrease over the $280,000 median sale price for the same period of the previous year. There were 25 homes sold in Pineville in May 2019.

The median sales tax in Pineville for the most recent year with available data, 2018, was $1,681, approximately 0.6% of the median home sale price for May 2020.

The following table compares Pineville to other Mecklenburg County cities in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Davidson2242-47.6%$332,500$373,500-11%
Matthews2956-48.2%$300,000$296,0001.4%
Cornelius5499-45.5%$295,000$315,500-6.5%
Huntersville85172-50.6%$285,000$298,000-4.4%
Pineville1025-60%$268,500$280,000-4.1%
Charlotte1,0411,824-42.9%$250,000$242,0003.3%
Mint Hill3651-29.4%$242,500$257,000-5.6%
Wildwoods21100%$209,000$172,50021.2%
Stallings00-$0$0-

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