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Tuesday, November 5, 2024

Davidson home prices fall in May 2020

Realestate2

The median sale price of a home sold in May 2020 in Davidson fell by $41,000 while total sales decreased by 47.6%, according to BlockShopper.com.

In May 2020, there were 22 homes sold, with a median sale price of $332,500 - a 11% decrease over the $373,500 median sale price for the same period of the previous year. There were 42 homes sold in Davidson in May 2019.

The median sales tax in Davidson for the most recent year with available data, 2018, was $3,513, approximately 1.1% of the median home sale price for May 2020.

The following table compares Davidson 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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