Waxhaw/Weddington/Marvin, NC (28173) Housing Market Update: March 2018
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
March 2018 home sales in the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code--encompassing the three towns of Waxhaw, Marvin and Weddington)--continued the trends of the new year to-date on a strong note with closed and pending sales up, and average days on market down. New construction sales remain a driving force in the Waxhaw area market. The average sale price of Waxhaw area homes was just over $438,000. Average days on market for property listings dropped by 3 days to 63 days, a 4.5% improvement over the same period last year. Median days on market were 28. Average price per square foot increased by 0.8% to $122/square foot during March 2018 versus March 2017. Closed sales in Waxhaw/Weddington/Marvin areas increased 3.7% in March 2018 as compared wit...
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