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 market?  Are we still heading down or is there some bounce in the local market?

Prices are starting to rise in Union County as a whole and there is bounce in most of the county’s small towns.  The table below shows where the county and some of these towns are on the real estate roller coaster based on median closed prices.

  Year 2011 Third Quarter 2012 Change
Union County $200,000 $205,442 +2.7%
Marvin $542,975 $614,066 +13%
Stallings $100,495 $203,500 +2%
Monroe $113,950 $118,000 +3.5%
Indian Trail $155,597 $164,254 +5.5%
Weddington $412,500 $430,000 +4.2%
Waxhaw $235,000 $281,250 +19.6%
Wesley Chapel $301,000 $280,750 -6.7%

Source:  Carolinas Multiple Listing Service

The table shows that every location with the exception of Wesley Chapel has seen an increase in median closed prices when the third quarter of 2012 is compared with Year 2011.  The increases can be as small as 2% or as high as 19%.

Want to know more about real estate and living in Union County NC?  Request a free Union County NC relocation package.

real estate recovery
Riding the Trillion-Dollar Real Estate Recovery Roller Coaster.


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Discover Charlotte North Carolina's Best Small Towns

Carol Fox of Allen Tate Realtors has helped people find the right homes and neighborhoods in Charlotte North Carolina's best small towns for twenty five years.

Call Carol Fox at 704-905-3935

to list your property for sale or to purchase a home in

Matthews NC, Mint Hill NC and the small towns of Union County NC, including Stallings NC, Indian Trail NC, Weddington NC, Waxhaw NC, Lake Park NC, Marvin NC, Wesley Chapel NC and Monroe NC.

Want to know the value of your Union County NC home?

Visit www.UnionCountyHomeSellersGuide.com for a free online market analysis of your current home.

Search for homes and learn more about these communities

at www.CarolinaSmallTownLiving.com.

 

 

 

 

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Carol Fox, Charlotte Neighborhoods, Union County NC Real Estate Broker

Matthews, NC

More about me…

Allen Tate Company 704-905-3935

Address: 101 E. Matthews St. Suite 100, Matthews, NC, 28105

Office Phone: (704) 814-6242

Cell Phone: (704) 905-3935

Email Me

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


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