Mint Hill Median Home Price Up 11% in the 3rd Quarter
By Jonathan Osman, Charlotte House Hunter Group
(Jonathan and Associates, Inc)
While the talk around the nation has been decidedly bad regarding home prices, the Charlotte area, which includes Charlotte, Gastonia, and Concord just posted the largest increase median value increase in the south. The median house price rose to $220,000, up 11% for single family homes in the third quarter. The second highest increase was Baumont - Port Arthur Texas. Unfortunately, don't look for this to be reported on the cover of USA Today or the Wall Street Journal. Instead, you will probably read - US MEDIAN HOME PRICES DOWN 2%. I don't even think the Charlotte Observer ran the story. But this is great news, but news we've already known. As a local real estate professional, I expect this trend to continue for three reasons. First, people are still overwhelming moving to the...
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