In its May 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Mitchell County, North Carolina.
According to the latest data, Mitchell County’s Median Sale Price was pegged at $247,500, showing a decrease of 1.0% from the preceding month and a rise of 14.1% from the year before.
The area witnessed the sale of 10 homes during this period, which is a 11.1% increase from the preceding month and a decrease of 23.1% compared to the same timeframe last year.
The Median Days on Market for homes in Mitchell County stood at 68 days, which is a decrease of 10 days days over the previous month and up by 11 day day from the previous year.
With a Market Pulse Score of 84, the analysis suggests a falling trend in Mitchell County’s housing market momentum.
For more information about the Mitchell County, North Carolina market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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