union county nc real estate market: Union County NC Real Estate Market Third Quarter 2012--Four Facts
- 11/10/12 10:17 PM
Union County NC Real Estate Market Third Quarter 2012—Four Facts It's time to look at the real estate market in Union County NC and to assess how home buyers and home sellers fared during the third quarter of 2012. Here are four facts about the Union County marketplace in July to September 2012. At $205,462, the median sales price for single family homes increased 2.7% over the second quarter and 8.7% over 2011 median prices. The median price for townhomes and condominiums was $118,750, a 1.2% increase over the second quarter and a 4.6% increase over 2011 prices. About half … (1 comments)
union county nc real estate market: Riding the Union County NC Real Estate Roller Coaster
- 10/09/12 04:52 AM
The real estate market feels like a giant roller coaster ride, doesn’t it? Unfortunately, it feels as if we’ve been on the downslope for a very long time. RealEstate.com recently published an infographic about the national coaster ride called Crash and Bounce. The infographic shows that the national market has been on a trillion dollar ride where the market lost nine trillion dollars in value during the five year crash. But since November of 2011, the market’s regained 3.2 trillion dollars of that value. You can see the Crash and Bounce infographic below. What about the Union County NC real estate … (0 comments)
union county nc real estate market: Buyers Market or Sellers Market in Union County NC?
- 09/17/12 11:41 PM
The spring and summer selling season is winding down in the Union County NC real estate market. It’s time to assess whether the market has improved for home sellers in 2012 or whether buyers are still dominating the real estate market. Buyers Market and Sellers Market Defined What is a buyers market? A sellers market? Real estate markets are typically defined by the number of months of homes available for purchase. Sellers Market Fewer than 5 months of supply Balanced Market 5 to 7 months of supply Buyers Market More than 7 months of supply Determining how many months of supply … (1 comments)
union county nc real estate market: Union County NC Real Estate Market Second Quarter--Four Facts
- 08/26/12 01:19 AM
Union County NC Real Estate Market Second Quarter 2012—Four Facts It's time to look at the real estate market in Union County NC and to assess how home buyers and home sellers fared during the second quarter of 2012. Here are four facts about the Union County marketplace in April to June 2012. The second quarter single family median closed price was $199,999, up 14.2% over the first quarter and up 5.8% over the 2011 median price. The townhomes and condominium median price was $117,250, also the highest price since 2010. New construction represented almost 20% of all closings during … (0 comments)
union county nc real estate market: Some Union County NC Sellers Find Real Estate Market Improving
- 05/11/12 01:42 AM
Buyers market or sellers market in Union County NC? In a previous post, we looked at the market absorption rate for Union County and concluded that the real estate market for the county as a whole has been a buyers market for the past year. Click here to read more about Union County's market absorption rate. With many parts of the country reporting that sellers markets have returned, we should ask whether sellers' fortunes have improved in any segments of the Union County real estate market. Let's look at various price points within the market to see if we can find any part … (0 comments)
union county nc real estate market: Buyers Market or Sellers Market in Union County NC
- 05/09/12 03:38 AM
Buyers Market or Sellers Market in Union County NC? Who's on top in the Union County real estate market? Buyers or sellers? Before we can answer that question, we need to understand how a buyers market and a sellers market are defined. The generally accepted definition is based on the supply of housing available versus the demand for it. The number of closed sales per month for a given time period is divided into the number of homes currently listed to reach a number that shows how many months of housing supply are available. A sellers market has fewer than five months of … (0 comments)
union county nc real estate market: The First Quarter 2012 Union County NC Real Estate Market--Four Facts
- 05/06/12 10:42 PM
The First Quarter 2012 Union County NC Real Estate Market—Four Facts It's time to look at the real estate market in Union County NC and to assess how home buyers and home sellers fared during the first quarter of 2012. Here are four facts about the Union County marketplace in January to March 2012. The median closed price for single family homes declined 7.4% compared with 2011 to a median price of $175,000. The median closed price for townhomes and condominiums remained nearly the same as the 2011 price. Approximately a third of all home sales were distressed sales. Almost … (1 comments)
union county nc real estate market: The 2011 Union County NC Real Estate Market--Seven Facts
- 01/21/12 06:46 AM
The 2011 Union County NC Real Estate Market—Seven Facts It's time to look at the real estate market in Union County NC and to assess how home buyers and home sellers fared in 2011. Here are seven facts about the Union County marketplace in 2011. The number of single family homes sold rose above the units sold in 2009 and 2010 but remained below 2008 sales. The median sales price for single family homes in 2011 continued to drop. At $189,000, it was 5.5% lower than the median price in 2010 and 12.9% lower than in 2008. Fewer townhomes and … (1 comments)
union county nc real estate market: Union County NC Real Estate Market--July-September 2011
- 10/16/11 07:53 AM
Union County NC Real Estate Market—July-September 2011 The single family real estate market in Union County NC showed a lower median sales price and fewer sales in the third quarter versus the second quarter. The median sales price, however, was higher than the first quarter as were the number of sales. Days on market increased slightly to 93 days. The median sales price for townhomes and condominiums remained stable in the third quarter at $115,000. The number of sales has been stable as well all year. Days on market increased to 128 days. Single Family Homes Source: Carolina Multiple Listing Service … (1 comments)
union county nc real estate market: Union County NC Real Estate Market--April-June 2011
- 07/25/11 03:57 AM
Union County NC Real Estate Market—April-June 2011 The single family real estate market in Union County NC bounced back in the second quarter of 2011 with a 17.1% increase in the median sales price over the first quarter and a 2.5% increase over the median sales price in 2010. The number of homes sold in the second quarter was up 58.65 over the first quarter while median days on market decreased 25.9%. The median sales price for townhomes and condominiums also increased. The second quarter median price was up 22.5% over the first quarter and only 4.2% off 2010 prices. Seventeen … (0 comments)
union county nc real estate market: Union County NC Real Estate Market--January-March 2011
- 04/20/11 10:43 AM
Union County NC Real Estate Market—January-March 2011 The single family real estate market in Union County NC showed a decline in median sales prices of 12.5% in the first quarter of 2011 compared with the median price in 2010. 399 homes sold from January through March of 2011. Days on market increased 14.8% over DOM in 2010. Townhomes and condominiums showed greater erosion in median prices. First quarter 2011 prices dropped 21.8% from 2010 median prices. Sixteen townhomes sold during the quarter. Days on market increased slightly over 2010. Single Family Homes Source: Carolina Multiple Listing Service Copyright 2011. Carol Fox. … (0 comments)
union county nc real estate market: Union County NC Real Estate Market--Year 2010
- 01/27/11 02:14 AM
Union County NC Real Estate Market Update—Year 2010 How did the Union County NC real estate market fare in 2010 and how did it do compared with 2008 and 2009? Nearly 2000 single family homes sold in Union County NC in 2010. The number of homes closed dropped slightly from 2008 but was off 16% from 2008. The median sales price of closed homes in Union County was up 2.5% over 2009 but off 7.8% from 2008. The highest priced home sale in 2010 was $2,275,000. Median days on market more than doubled from 2009 to 2010. Single Family Homes … (0 comments)
union county nc real estate market: Union County NC Real Estate Market--July-September 2010
- 11/08/10 08:31 AM
Union County NC Real Estate Market Report—July-September 2010 How did the Union County NC real estate market fare during the third quarter of 2010 compared to the second quarter? The table below compares the third quarter 2010 average sales prices for Union County as a whole and the small towns within the county with the average sales prices for the second quarter. Union County NC Average Price Comparison Third Quarter 2010 vs Second Quarter 2010 Source: Carolina Multiple Listing Service The average single family sales price for Union County NC during the third quarter 2010 was $276,172. The average sales price … (0 comments)
union county nc real estate market: Union County NC Real Estate Market--April-June 2010
- 07/30/10 06:23 AM
Union County NC Real Estate Market Report—April-June 2010 How did the Union County NC real estate market fare during the second quarter of 2010 compared to the first quarter? The table below compares the second quarter 2010 average sales prices for Union County as a whole and the small towns within the county with the average sales prices for the first quarter. The Union County NC average sales price rose 4% in the second quarter of 2010. Prices also rose in all of Union County’s small towns with the exception of Weddington. These increases were most likely due to the impact … (0 comments)
union county nc real estate market: Union County NC Real Estate Market Report--January-March 2010
- 04/26/10 07:21 AM
Union County NC Real Estate Market Report—January-March 2010 How did the Union County NC real estate market fare during the first quarter of 2010 compared to the 2009 market? The table below compares the first quarter 2010 average sale price for Union County as a whole and the small towns within the county with the average sales prices for all of 2009. Prices continued to decline in most areas in January through March. The exceptions were Weddington, Lake Park and Marvin, which saw increased average sales prices in 2010. Union County NC Average Price Comparison January-March 2010 vs. 2009 Source: Carolina … (0 comments)
union county nc real estate market: 2009 Union County NC Real Estate Market--Three Sets of Statistics for Buyers and Sellers
- 02/02/10 03:10 AM
2009 Union County NC Real Estate Market—Three Sets of Statistics for Buyers and Sellers It’s time to look back at the 2009 Union County NC real estate market to see what lessons can be learned for the 2010 market. You’ll find three tables below that illustrate what happened in the Union County marketplace last year. I chose these sets of numbers because I believe they give a good snapshot of the 2009 real estate market. Whether you are a buyer or a seller, average sales prices, number of homes sold, and the absorption rate can help you determine the likelihood of … (0 comments)
union county nc real estate market: Union County NC Property Taxes--How Much Will You Pay for a $200,000 Home?
- 07/22/09 05:44 AM
Union County NC Property Taxes. How much are they? This is one of the first questions that I am asked when someone is thinking of making a move to the area. Especially someone who is leaving one of the high-tax states in the northeast. This is the time of year when local governments adopt their budgets for the coming year and set a tax rate to fund the budget. This process has been completed in Union County NC and its towns. The graph below shows what a homeowner will pay in 2009 property taxes for a home with an assessed value … (0 comments)
Information about real estate, schools, and living in the southern part of the Charlotte NC region, including Union County NC, Matthews NC, Mint Hill NC, Indian Trail NC, Weddington NC, Marvin NC, Stalllings NC, Monroe NC, Lake Park NC, Fort Mill SC, Indian Land SC, Tega Cay
Union County NC Real Estate Market Third Quarter 2012—Four Facts
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