The first quarter of 2021: Home prices in Charlotte increased

The first quarter of 2021: Home prices in Charlotte increased
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The median sale price of a home sold in the first quarter of 2021 in Charlotte rose by $40,000 while total sales increased by 2.4%, according to BlockShopper.com.

From January through March of 2021, there were 3,989 homes sold, with a median sale price of $275,000 – a 17% increase over the $235,000 median sale price for the same period of the previous year. There were 3,897 homes sold in Charlotte in the first quarter of 2020.

The median sales tax in Charlotte for the most recent year with available data, 2019, was $2,071, approximately 0.8% of the median home sale price for the first quarter of 2021.

The following table compares Charlotte to other Mecklenburg County cities in the first quarter of 2021:

City Jan. – Mar. 2021 Home Sales Jan. – Mar. 2020 Home Sales % change (Total Home Sales) Jan. – Mar. 2021 Median Sales Price Jan. – Mar. 2020 Median Sales Price % change (Median Sales Price)
Davidson 82 87 -5.7% $467,500 $365,000 28.1%
Stallings 5 0 $450,000 $0
Cornelius 212 208 1.9% $341,000 $287,000 18.8%
Huntersville 292 266 9.8% $326,750 $297,500 9.8%
Matthews 98 119 -17.6% $322,000 $290,000 11%
Pineville 55 43 27.9% $315,000 $269,000 17.1%
Mint Hill 114 99 15.2% $300,000 $279,000 7.5%
Charlotte 3,989 3,897 2.4% $275,000 $235,000 17%
Wildwoods 9 0 $225,000 $0


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