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East Lake Norman News

Monday, November 25, 2024

Davidson home prices rise in August 2020

Realestate1

The median sale price of a home sold in August 2020 in Davidson rose by $130,000 while total sales increased by 45.9%, according to BlockShopper.com.

In August 2020, there were 54 homes sold, with a median sale price of $471,000 - a 38.1% increase over the $341,000 median sale price for the same period of the previous year. There were 37 homes sold in Davidson in August 2019.

The median sales tax in Davidson for the most recent year with available data, 2019, was $3,445, approximately 0.7% of the median home sale price for August 2020.

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

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Davidson543745.9%$471,000$341,00038.1%
Huntersville1501481.4%$337,000$290,00016.2%
Mint Hill484117.1%$327,500$289,00013.3%
Matthews555010%$325,000$267,50021.5%
Cornelius9699-3%$296,000$275,0007.6%
Charlotte1,5771,668-5.5%$270,000$225,25019.9%
Pineville221637.5%$267,500$236,50013.1%
Wildwoods220%$186,500$182,5002.2%
Stallings00-$0$0-

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