What Happened In The Union County Housing Market In Quarter 4, 2019

By
Real Estate Agent with Coldwell Banker Residential Brokerage

 

Union County, NC Housing Market Report: 

4th Quarter 2019

 

Latest news on the Mecklenburg County real estate market and what it means for you...

 

Fourth Quarter 2019 Union County, North Carolina home sales kept the county a seller's market with just 1.7 months of inventory. Union County includes the towns of Waxhaw, Weddington, Marvin, Indian Trail, Stallings, Monroe, Hemby Bridge, Lake Park, Wesley Chapel, WingateMarshville, Fairview, Unionville, Matthews, and Mineral Springs.   

 

During the fourth quarter of 2019, Union County saw inventory and months supply of homes shrink by double digits compared with the same time frame one year ago. Days on market also decreased. Closed sales increased, as did the median and average sale prices of homes, Demand for affordable homes in the 28173 zip code, encompassing Waxhaw, Weddington, and Marvin towns, has not abated. Without doubt, Union County was a home seller's market in the fourth quarter of 2019 and there are no indications on the horizon that this will change soon.

 

 

Want to know what this would mean for your family if you decide to buy or sell a home in the Charlotte region?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE

 

 

 Union County Housing Market Highlights

Quarter 4, 2019 versus Quarter 4, 2018

 

Union County, NC Housing Market Snapshot Quarter 4, 2019

 

 

In the fourth quarter of 2019, Union County saw a:

  • 4.2% decrease in average sale prices (to $351,707) year-over-year. 
  • 1.9% increase in median sale price (to $302,500) year-over-year. 
  • 24.7% decrease in inventory of homes for sale year-over-year.
  • 13.9% increase in closed sales year-over-year.
  • 31.3% decrease in the months supply of homes (1.7 months supply) year-over-year.
  • Days on market year over year were decreased 13% (44 days on market). 
  • 96.6% percent of original price received, indicating a small window of opportunity for buyers to negotiate on price.

 

HISTORICAL MEDIAN SALE PRICES FOR UNION COUNTY HOMES

 

 

 

 

 

 DETAILED REPORT FOR UNION COUNTY HOUSING MARKET

 

Union County, NC Real Estate Report Quarter 4, 2019
 

 

 

 

SEARCH UNION COUNTY HOMES FOR SALE

 

Search Union County Homes For Sale 

 

 

 

FIND OUT WHAT YOUR UNION COUNTY HOME MAY BE WORTH IN TODAY'S MARKET 

 

What's My Charlotte Home Worth?

 

THE COLDWELL BANKER MARKETING ADVANTAGE

 

 

This quarterly Union County housing market update is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts. We've been opening doors for Union County home buyers and sellers for 20+ years.

 

If you're considering selling or purchasing a home in Union County, I'd love an opportunity to earn your business, exceed your expectations, and to show you how:

 "The Right Broker Makes All The Difference."

 

 

Great Homes In Charlotte

 

 

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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Residential Brokerage
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

2007 - 2019 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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2019 Market Reports
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Rainmaker
3,250,858
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

That was really low inventory for Union County Real Estate. Sellers, this is the perfect time to call Nina and get your home listed by her...and SOLD!

Jan 13, 2020 08:42 AM #1
Rainmaker
3,271,786
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila and Larry... all the major areas of Charlotte now have under 2 months of inventory, except for Lancaster County at 2.2 months, which is also low, but they have more because of all the new construction there.

Jan 13, 2020 08:45 AM #2
Rainmaker
4,632,469
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

Sorry to hear of the constancy of low inventory, but I am certain that if anyone is looking in Union County, you will help them find a home that works for them.  Wishing you a great week.  A

Jan 13, 2020 08:56 AM #3
Rainmaker
5,570,216
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Nina, for sharing your outstanding local real estate reports.

Jan 13, 2020 09:46 AM #4
Ambassador
3,130,550
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

We always experience slow autumns except this year remained strong 

Have a wonderful start to this week Nina Hollander 

Jan 13, 2020 09:48 AM #5
Rainmaker
3,271,786
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel hi Alexandra... as tight as inventory is, somehow we always manage to find a home someone is willing to buy.

Jan 13, 2020 09:49 AM #6
Rainmaker
3,271,786
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley hi Roy... thanks for taking the time to stop by today... wishing you a good Monday afternoon.

Jan 13, 2020 09:50 AM #7
Rainmaker
3,271,786
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®, CRS hi Paul... we are less seasonal than other parts of the country, but the holiday season this year was very strong.

Jan 13, 2020 09:51 AM #8
Rainmaker
5,570,216
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We have a rainy Tuesday morning in Maryland. Chef Dolores has a lunch date with some friends.

Have a great day.

Jan 14, 2020 08:26 AM #9
Rainmaker
3,271,786
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley hi Roy... we've been deluged with rain since Sunday night and I have a feeling that it won't be over till tomorrow. The sun peeks out for a few minutes and then disappears. Hopefully, Chef Dolores left you lunch to enjoy.

Jan 14, 2020 10:50 AM #10
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Rainmaker
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Nina Hollander

Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor
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