Mint Hill, NC Housing Market Update: November 2023

By
Real Estate Agent with Coldwell Banker Realty 179530

Latest news on the Mint Hill, NC real estate market in November 2023...

What it means for you...

 

Key take-aways about Mint Hill's housing market trends in November 2023 include:

  • Average home sales price declined from one month ago and one year ago.

  • Median home sale price remained unchanged from one month ago and one year ago.

  • Closed sales down from October 2023, but up 16.67% compared with November 2022.

  • New listings decreased almost 50% from the most recent month and were also down significantly compared with November 2022.

  • Days on market declined a third consecutive month, declining 15 days from October and declining 29 days compared with November 2022.

  • Housing inventory declined from the previous month of October and declined almost 30% compared with November one year ago.

  • List to sale price ratio left little room for buyers to negotiate on price at 99.77%. Compared with one year ago, the list to sale price ratio increased almost 2%.

  • With a months supply of inventory of 4.54 months, Mint Hill could be moving towards a balanced market between home buyers and sellers.

 

 Mint Hill Housing Market Highlights: November 2023

 

Mint Hill, NC Housing Market Update: November 2023

 

FOR THE COMPLETE MINT HILL, NC HOUSING REPORT FOR NOVEMBER 2023, CLICK HERE

 

Want to know what this would mean for your family if you decide to buy or sell a Mint Hill home?

Curious about the Charlotte area real estate market? Call Nina Hollander.

  I can help.

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

There’s absolutely NO OBLIGATION

A consultation with Nina Hollander is FREE. 

 

MORE INFORMATION ON THE MINT HILL HOUSING MARKET'S PERFORMANCE

 

MEDIAN HOME SALE PRICE TRENDS FOR MINT HILL

(12 Month Rolling Average)

 

The Town of Mint Hill has been ranked by Niche.com as the #22 best Charlotte area suburb to live in. Did you know that Mint Hill  (not Charlotte) was Mecklenburg County’s first town, founded in 1750 by Scot-Irish pioneers? Learn more about the rich history of Mint Hill here.

 

MINT HILL MAP/BOUNDARIES

Map of Mint Hill, North Carolina

 

This real estate report for Greater Charlotte's Mint Hill area, is provided by Nina Hollander with Coldwell Banker Realty.  Contact Nina Hollander  if you'd like more information about the buying or selling a home in Mint Hill. (or in any Greater Charlotte neighborhood, for that matter). I've been opening doors for Mint Hill home buyers and sellers for 24+ years.

 

SEARCH MINT HILL HOMES FOR SALE

 

SEARCH CHARLOTTE  AREA HOMES FOR SALE

 

FIND OUT WHAT YOUR GREATER CHARLOTTE AREA HOME IS WORTH IN TODAY'S MARKET 

 

Wondering what your Greater Charlotte area home is worth?

 

If you're considering purchasing or selling a home in the Greater Charlotte  area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:

"The Right Broker Makes All The Difference."

 

 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
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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.

 

Comments (6)

Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

With inventory off 50% from last year it skews the rest of the statistics for the market.

Dec 29, 2023 07:43 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Well it is hard everywhere, few listings and high interest rates make it tough for all, Endre

Dec 29, 2023 10:37 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ed Silva, 203-206-0754 you are so correct, Ed... makes it really hard to interpret longer term trends for buyers and sellers.

Dec 30, 2023 05:41 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. good morning, Endre... here in the Charlotte area I'm seeing less resistance to interest rates... serious buyers are taking the leap. Our problem is lack of inventory.

Dec 30, 2023 05:42 AM
Roy Kelley
Retired - Gaithersburg, MD

Families considering a move to the area will appreciate your local real estate reports. I posted this one on X. 

Happy New Year!

Dec 30, 2023 09:37 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Happy Saturday afternoon, Roy. Thank you as always for stopping by and for the repost on X. Happy New Year to you!

Dec 30, 2023 10:13 AM