Waxhaw Area (28173 Zip Code) Home Prices Up, Sales Down: August 2022
By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
LATEST NEWS ON THE WAXHAW | WEDDINGTON | MARVIN HOUSING MARKET...WHAT YOU NEED TO KNOW...WHAT IT MEANS FOR YOU... The Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) saw a significant increase in home prices, year-over-year. Median home prices in Weddington and Marvin exceeded $1 million in August 2022, as they did in the prior month. Average days on market increased year-over-year and month-over-month. The list to sale ratio was down year-over-year and month-over-month. It's clear that the Waxhaw area market is cooling down compared with the "feeding frenzy" we saw one year ago. By the same token, Waxhaw area home sellers were still in the driver's seat in August 2022. WAXHAW AREA HOUSING MARK...
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