It is time once again to take a look back at yet another page on the calendar. This month we begin by reviewing Mecklenburg County's August 2019 Stats.

Let's dive a little farther than this starting with the Median Sales Price in AUGUST. If we look back at 2017, we see a median sales price of $250,000. The following year, 2018, that price increased by +11.5 percent to $278,750. In 2019, we increased again by +4.0 percent to a median sales price of $290,000 in Mecklenburg County.

Next, we are going to review the number of New Listings that came on the market in Mecklenburg County in AUGUST. We start with 2 years ago, 2017, and see that there were 1,705 new homes that came on the market. The following year, 2018, there was a decrease of -1.9 percent with 1,673 new homes coming on the market. This year, 2019, there was an increase of -+7.2 percent with 1,794 homes coming on the market.

The next statistic we will review is the AUGUST Median Days on Market. Starting in 2017, we saw 8 median days on the market and then the following year, 2018, we increased by +37.5 percent to 11 median days on the market. In 2019, we increased by +18.2 percent to 13 median days on the market.

So there you have it. A quick overview of what is happening in our local market of Mecklenburg County. If you have questions or need real estate assistance than please reach out to us. We would love to help you!!