What Happened In Charlotte Area's Waxhaw Housing Market In June 2017?
By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
June 2017 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 on the strong path we've seen year-to-date with home prices up, closed and pending sales up, and days on market down. The average sale price of Waxhaw area homes increased in June 2017 by 3.7% to just over $438,000 versus June 2016. Average days on market for property listings dropped by 3 days to 66 days, a 4.3% improvement over the same period last year. Median days on market also dropped 5 days to 27, an 18.2% improvement in June 2017. Average price per square foot increased by 4.1% to $128/square foot during June 2017 versus June 2016. Closed sales in Waxhaw/Weddington/Marvin areas increased double digi...
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