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East Lake Norman News

Monday, November 25, 2024

Davidson home prices rise in July 2020

Realestate2

The median sale price of a home sold in July 2020 in Davidson rose by $35,000 while total sales increased by 16.2%, according to BlockShopper.com.

In July 2020, there were 43 homes sold, with a median sale price of $450,000 - a 8.4% increase over the $415,000 median sale price for the same period of the previous year. There were 37 homes sold in Davidson in July 2019.

The median sales tax in Davidson for the most recent year with available data, 2019, was $3,445, approximately 0.8% of the median home sale price for July 2020.

The following table compares Davidson to other Mecklenburg County cities in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Davidson433716.2%$450,000$415,0008.4%
Stallings10-$362,000$0-
Cornelius1111055.7%$349,000$315,00010.8%
Huntersville1751750%$347,000$302,00014.9%
Mint Hill655030%$322,000$300,0007.3%
Matthews5865-10.8%$304,000$280,0008.6%
Charlotte1,8251,6947.7%$259,000$236,0009.7%
Pineville1822-18.2%$236,500$274,000-13.7%
Wildwoods13-66.7%$212,000$119,00078.2%

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