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Saturday, November 16, 2024

Davidson home prices rise in the third quarter of 2020

Realestate1

The median sale price of a home sold in the third quarter of 2020 in Davidson rose by $95,000 while total sales increased by 40.4%, according to BlockShopper.com.

From July through September of 2020, there were 139 homes sold, with a median sale price of $455,000 - a 26.4% increase over the $360,000 median sale price for the same period of the previous year. There were 99 homes sold in Davidson in the third quarter of 2019.

The median sales tax in Davidson for the most recent year with available data, 2019, was $3,445, approximately 0.8% of the median home sale price for the third quarter of 2020.

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

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Davidson1399940.4%$455,000$360,00026.4%
Stallings21100%$376,000$357,0005.3%
Huntersville47242710.5%$335,000$294,00013.9%
Mint Hill15912428.2%$325,000$290,50011.9%
Cornelius32126919.3%$323,000$300,0007.7%
Matthews1621563.8%$313,000$280,00011.8%
Pineville58555.5%$261,000$255,0002.4%
Charlotte5,0924,6729%$260,000$230,00013%
Wildwoods46-33.3%$193,000$134,50043.5%

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