Waxhaw, NC Real Estate News

By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Chatelaine in Focus: The Latest Waxhaw NC Real Estate Insights | FEB 2024 Prepare to be captivated by the enchanting homes of Chatelaine! Each residence exudes regal charm, showcasing a variety of architectural designs while embracing a delightful European theme throughout. These homes are a minimum of 3,500 square feet, offering an abundance of space to live and thrive. Get ready to indulge in the finest appointments that the South Charlotte area has to offer. Welcome to CHATELAINE, a gated luxury home community nestled in the desirable South Charlotte/Waxhaw area. Here, you'll discover the perfect blend of elegance and warmth, all while enjoying the added benefit of low Union County taxes. It's truly a haven for those seeking both luxury and financial savvy. But what truly sets Chatel...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
LATEST NEWS ON THE WAXHAW AREA HOUSING MARKET...WHAT YOU NEED TO KNOW... Median Sale Price Up 21.6% Year-Over-YearAverage Sale Price Up 14.43% Year-Over-Year Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington)-- included the following in November 2023: Closed home sales declined both month-over-month and year-over-year. The list to sale price ratio was just under 100% at 99.19%, limited the ability of home buyers to negotiate on price and remained unchanged both month-over-month and year-over-year. Median sale price unchanged from the prior month, but increased almost 22% compared with November 2022. Average sale price declined slightly from the prior month, but increased 14...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Chatelaine in Focus: The Latest Waxhaw NC Real Estate Insights | DEC 2023 Prepare to be captivated by the enchanting homes of Chatelaine! Each residence exudes regal charm, showcasing a variety of architectural designs while embracing a delightful European theme throughout. These homes are a minimum of 3,500 square feet, offering an abundance of space to live and thrive. Get ready to indulge in the finest appointments that the South Charlotte area has to offer. Welcome to CHATELAINE, a gated luxury home community nestled in the desirable South Charlotte/Waxhaw area. Here, you'll discover the perfect blend of elegance and warmth, all while enjoying the added benefit of low Union County taxes. It's truly a haven for those seeking both luxury and financial savvy. But what truly sets Chatel...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
LATEST NEWS ON THE WAXHAW |  WEDDINGTON | MARVIN HOUSING MARKET...WHAT YOU NEED TO KNOW... Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington)-- included the following in October 2023: Closed home sales increased from September 2023, but declined year-over-year. The list to sale price ratio was just under 100% at 99.1%, limited the ability of homes buyers to negotiate on price. Median sale price declined from September, but increased 6.65% compared with October 2022. Average sale price declined both month-over-month and year-over-year. Average days on market decreased to 18 days from September's 35 days. This was the lowest number of days on market since August 2022. Waxhaw ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Chatelaine in Focus: The Latest Waxhaw NC Real Estate Insights | Oct 2023 Prepare to be captivated by the enchanting homes of Chatelaine! Each residence exudes regal charm, showcasing a variety of architectural designs while embracing a delightful European theme throughout. These homes are a minimum of 3,500 square feet, offering an abundance of space to live and thrive. Get ready to indulge in the finest appointments that the South Charlotte area has to offer. Welcome to CHATELAINE, a gated luxury home community nestled in the desirable South Charlotte/Waxhaw area. Here, you'll discover the perfect blend of elegance and warmth, all while enjoying the added benefit of low Union County taxes. It's truly a haven for those seeking both luxury and financial savvy. But what truly sets Chatel...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Cureton Neighborhood in Waxhaw, NC: Real Estate Report & Community Spotlight: Quarter 3 - 2023 Cureton Median Sale Price Up 42% Compared With Quarter 3-2022Cureton home sales in Quarter 3-2023 saw median home prices jump 42% compared with the same quarter one year ago. Average home prices increased 10% from one year ago. Home prices also increased from Quarter 2-2023. The 11 homes sold in Quarter 3-2023 was the highest number of homes sold in a single quarter this year and almost equal to the number of homes sold in the first two quarters of the year combined. Average days on market increased year-over-year and quarter-over-quarter, but were still a respectable 30 days. List to sale price ratio was just under 99%, flat compared with the same quarter one year ago and slightly down from t...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Somerset Neighborhood in Waxhaw, NCReal Estate Report & Community Spotlight: Quarter 3 - 2023 List To Sale Price Ratio: 107.27% | Days On Market Just 2 DaysSomerset home sales Q3-2023 saw average and median home sale prices increase 18% and 12%, respectively, compared with the same quarter one year ago. Home prices also increased significantly over Quarter 2-2023. The list to sale price ratio increased to 107.27%. Lack of inventory in Somerset kept it a seller's market in Quarter 3-2023 and was reflected in the average two days on market for listed homes. SOMERSET HOME SALES SNAPSHOT: QUARTER 3 - 2023 SOMERSET HOME SALES SNAPSHOT: QUARTER 2 - 2023 SOMERSET HOME SALES SNAPSHOT: QUARTER 1 - 2023   To track sales in Somerset "real time," click here for our Neighborhood Analyzer Report and ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Lawson Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood Spotlight: Quarter 3 - 2023 Days On Market Decline To 12 Days Lawson had a strong showing for home sales in Quarter 3-2023. Although home sale prices were down compared with Quarter 2-2023, both average and median home sale prices increased from Quarter 3-2022. Given the wide range of home prices in Lawson, it's not unreasonable to assume that the quarter-over-quarter sale prices were affected by the price mix of homes sold in the Third Quarter. List to sale price ratio of 100.48% in Quarter 3-2023 was flat compared with the same quarter one year ago. Days on market declined 14% to 12 days from one year ago and were three days lower than in Quarter 2-2023. The number of properties sold also declined year-over-year (-35%)...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Millbridge in Waxhaw, NCHome Sales Report & Neighborhood Spotlight: Quarter 3 - 2023 Millbridge home sales held their own in Quarter 3-2023 both year-over-year and quarter-over-quarter. Compared with the Third Quarter 2022, average and median sale prices increased 11% and 7% respectively.  Quarter-over-quarter,  the list to sale price ratio declined by 1%, but it was just under 100%. Year-over-year the list to sale price ratio was flat. Days on market were 28 up 10 days from the second quarter. The number of properties sold was down 21% compared with the same quarter one year ago, but was up by eight homes from the previous quarter. MILLBRIDGE HOME SALES SNAPSHOT: QUARTER 3- 2023  MILLBRIDGE HOME SALES SNAPSHOT: QUARTER 2- 2023 MILLBRIDGE HOME SALES SNAPSHOT: QUARTER 1 - 2023 To track s...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
LATEST NEWS ON THE WAXHAW |  WEDDINGTON | MARVIN HOUSING MARKET...WHAT YOU NEED TO KNOW...WHAT IT MEANS FOR YOU... Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) included the following in August 2023: Closed home sales decreased in August. By the same token, closed sales in August were at their third highest level since September 2023. The list to sale price ratio still at over 100% at 100.81%. Median sale price declined from July, but was equal to the median sale price in August one year ago. Average sale price declined both year-over-year and month-over-month. Average days on market decreased to 20 days from July's 28days. August's days on market were 13 days fewer th...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC Real Estate Market Report | Chatelaine - AUG 2023 Prepare to be captivated by the enchanting homes of Chatelaine! Each residence exudes regal charm, showcasing a variety of architectural designs while embracing a delightful European theme throughout. These homes are a minimum of 3,500 square feet, offering an abundance of space to live and thrive. Get ready to indulge in the finest appointments that the South Charlotte area has to offer. Welcome to CHATELAINE, a gated luxury home community nestled in the desirable South Charlotte/Waxhaw area. Here, you'll discover the perfect blend of elegance and warmth, all while enjoying the added benefit of low Union County taxes. It's truly a haven for those seeking both luxury and financial savvy. But what truly sets Chatelaine apart ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
LATEST NEWS ON THE WAXHAW |  WEDDINGTON | MARVIN HOUSING MARKET...WHAT YOU NEED TO KNOW...WHAT IT MEANS FOR YOU... Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) included the following in July 2023: Closed home sales decreased in July after four consecutive months of increases. By the same token, closed sales in July were second highest in 2023. The list to sale price ratio still at over 100% at 100.06%. Median sale price increased 2.5% from June and 18.6% year-over-year. Average sale price declined 5.2% month-over-month and was flat year-over-year. The average sale price in June 2023 was abnormally high at $905,000. It would appear that the drop had more to do with the...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
LATEST NEWS ON THE WAXHAW |  WEDDINGTON | MARVIN HOUSING MARKET...WHAT YOU NEED TO KNOW...WHAT IT MEANS FOR YOU... Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) included the following in June 2023: Closed home sales increased a fourth consecutive month and were at  their highest level of closed sales since September 2022. The list to sale price ratio was just over 101% at 101.51%. Median sale price increased 20.6% from May and 12.2% year-over-year. Average sale price increased 22.7% from May and 19.5% year-over-year. Average days on market increased to 26 days from May's 19 days. June's days on market were 10 days fewer than the year-to-date average for DOM in the Waxh...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Cureton Neighborhood in Waxhaw, NC: Real Estate Report & Community Spotlight: Quarter 2 - 2023Median Sale Prices Up 16% | Just 9 Average Days On Market Cureton home prices increased in Quarter 2-2023 both year-over-year and quarter-over-quarter. The increase from the First Quarter 2023 was quite substantial. Inventory remained tight for the first half of 2023 compared with the same time period one year ago. The list to sale price ratio, while lower than one year ago, was still just under 100% year-to-date in 2023. The average days on market in Quarter 2-2023 were considerably lower at nine days versus the 61 days we saw in Cureton in Quarter 1-2023. CURETON HOME SALES SNAPSHOT: QUARTER 2 - 2023 CURETON HOME SALES SNAPSHOT: QUARTER 1 - 2023  To track sales in Cureton "real time," click h...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Millbridge in Waxhaw, NCHome Sales Report & Neighborhood Spotlight: Quarter 2 - 2023 Millbridge home sales held their own in Quarter 2-2023 both year-over-year and quarter-over-quarter. Compared with the Second Quarter 2022, average sale price was flat, while the median sale price declined by 3%. Quarter-over-quarter, average sale priced increased by $56,000. Median sale price increased by $38,000.Year-over-year,  the list to sale price ratio declined by 1%, but it was still just over 100%. The list to sale price ratio improved by 3.16% from the First Quarter 2023.Days on market were 18 and essentially flat quarter-over-quarter, which saw 19 days on market. The number of properties sold was also flat quarter-over-quarter. MILLBRIDGE HOME SALES SNAPSHOT: QUARTER 2- 2023 MILLBRIDGE HOME S...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Quellin Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood Spotlight: Quarter 2 - 2023Quellin Homes Sold Quickly: Just 5 Days On Average After seeing NO sales in Quarter 1-2023, Quellin had three sales in the Second Quarter 2023. The three sales were half that of sales in the same quarter one year ago. The list to sale price ratio was just under 100% and home sold quickly -- in just 5 days on average. Both average and median sale prices declined year-over-year but they were considerably higher than the prices we saw in the Fourth Quarter 2022 when there were sales in Quellin. QUELLIN HOUSING MARKET SNAPSHOT: QUARTER 2 - 2023 MEDIAN SALE PRICE TRENDS FOR HOMES IN QUELLIN(12 Month Rolling Average) To track sales in Quellin "real time," click here for our Neighborhood Analyzer Re...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Somerset Neighborhood in Waxhaw, NCReal Estate Report & Community Spotlight: Quarter 2 - 2023List To Sale Price Ratio: 103.33% | Home Prices Up From Q1 - 2023 Although Somerset's average home sale price was down compared with Quarter 2-2022, the average sale price increased $68,000 from the First Quarter 2023. Median sale price was also down year-over-year, but $30,000 higher than in the First Quarter 2023.List to sale price ratio of 103.33% in Quarter 2-2023 was 6% lower than in the same quarter one year ago, but was 4.19% higher than in Quarter 1-2023.Continuing declines in the number of homes for sale in Somerset kept it a seller's market in Quarter 2-2023 despite an increase in days on market both year-over-year and quarter-over-quarter. SOMERSET HOME SALES SNAPSHOT: QUARTER 2 - 202...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Hunter Oaks Neighborhood in Charlotte's Waxhaw AreaReal Estate Report & Community Spotlight: Quarter 2 - 2023List To Sale Price Ratio: 101.65% | Days On Market: 7  Hunter Oaks had a strong showing for home sales in Quarter 2-2023. Although the average home sale price was down compared with Quarter 2-2022, the average sale price increased $55,000 from the First Quarter 2023. Median sale price was down year-over-year, but $20,000 higher than in the First Quarter 2023. List to sale price ratio of 101.65% in Quarter 2-2023 was 7% lower than in the same quarter one year ago, but was 6.74% higher than in Quarter 1-2023. It was the same story with days on market, with days on market increasing to 7 days year-over-year, but decreasing 71 days quarter-over-quarter. All this with continuing decli...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Lawson Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood Spotlight: Quarter 2 - 2023Home Prices Up $99,000 From Quarter 1- 2023 Lawson had a strong showing for home sales in Quarter 2-2023. Although average home sale price was down compared with Quarter 2-2022, the average sale price increased $99,000 from the First Quarter 2023. Median sale price was flat year-over-year and $109,000 higher than in the First Quarter 2023. List to sale price ratio of 101.49% in Quarter 2-2023 was 5% lower than in the same quarter one year ago, but was 4.56% higher than in Quarter 1-2023. It was the same story with days on market, with days on market increasing to 15 days year-over-year, but decreasing 28 days quarter-over-quarter. All this with continuing declines in the number of homes for sal...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC Real Estate Market Report | Chatelaine - JUNE 2023 Prepare to be captivated by the enchanting homes of Chatelaine! Each residence exudes regal charm, showcasing a variety of architectural designs while embracing a delightful European theme throughout. These homes are a minimum of 3,500 square feet, offering an abundance of space to live and thrive. Get ready to indulge in the finest appointments that the South Charlotte area has to offer. Welcome to CHATELAINE, a gated luxury home community nestled in the desirable South Charlotte/Waxhaw area. Here, you'll discover the perfect blend of elegance and warmth, all while enjoying the added benefit of low Union County taxes. It's truly a haven for those seeking both luxury and financial savvy. But what truly sets Chatelaine apart...
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