Marvin NC Real Estate Market Report--January-March 2011
By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Marvin NC Real Estate Market Report—January-March 2011 Marvin NC is a rural town in the northwestern part of Union County. Because of its low density development, Marvin doesn’t have very many home sales. During the first quarter of 2011, there were eight home sales. The median price increased 2.7% over 2010 and roughly the same over 2009. Median days on market dropped 49.1% in the first quarter. What do the first quarter 2011 numbers mean for Marvin buyers and sellers? Sellers in Marvin may find home prices stabilizing. Buyers for properties in Marvin may have more confidence in its housing market. Single Family Homes Marvin Single Family Homes Year 2008 Year 2009 Year 2010 Quarter 1 Year 2011 Median Sales Price $731,250 $573,270 $570,000 $585,804 Number of Homes Sold 34 30 39 8 ...
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