We have exited Summer and now are turning the page on yet another month on the calendar. This time we begin by reviewing Mecklenburg County's September 2019 Stats.

Let's dive a little farther than this starting with the Median Sales Price in SEPTEMBER. If we look back at 2017, we see a median sales price of $230,000. The following year, 2018, that price increased by +7.3 percent to $246,750. In 2019, we increased again by +9.4 percent to a median sales price of $270,000 in Mecklenburg County.

 

Next, we are going to review the number of New Listings that came on the market in Mecklenburg County in SEPTEMBER. We start with 2 years ago, 2017, and see that there were 2,189 new homes that came on the market. The following year, 2018, there was a decrease of -12.4 percent with 1,918 new homes coming on the market. This year, 2019, there was an increase of -+6.3 percent with 2,039 homes coming on the market.

The next statistic we will review is the SEPTEMBER Median Days on Market. Starting in 2017, we saw 10 median days on the market and then the following year, 2018, we increased by +20 percent to 12 median days on the market. In 2019, we increased by +8.3 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!!