Union County, NC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Quellin Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood Spotlight Home sale prices increased in Quellin throughout 2022, ending the year with a 14% increase. Average sale prices decreased 4% in Quarter 4-2022, while median sale prices increased 1%. Market shift was noticeable in the list to sale price ratio, which was almost 104% in 2022, but had dropped to 98.1% in the Fourth Quarter. Average days on market decreased both year-over-year and in the Fourth Quarter. QUELLIN HOME SALES SNAPSHOT: 2022 QUELLIN HOME SALES SNAPHOT: QUARTER 4 - 2022 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 Report and sign up to automatically receive reports on Quellin home sales.  Why Do P...
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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 Home sale prices "soared" in Cureton in both the Fourth Quarter 2022 and throughout 2022. For the year ended, December 31, 2022 average home sale prices increased 23%; median home sale prices increased 26%. In the Fourth Quarter 2022, average sale prices increased 41%; median home sale prices increased 58%. To the extent we saw a softening in Cureton's home sales, it was in days on market which increased year-over-year and quarter-over-quarter. In the Fourth Quarter average days on market increased from 22 to 28 days.  Cureton also saw a softening in the list to sale price ratio. For the year ended December 31, 2022, the ratio dropped 1% over the prior year. The Fourth Quarter's list to sale price ratio dropped...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Highgate Market Report | JAN 2023 Weddington, NC - Highgate Community -  A beautifully developed, popular luxury neighborhood, located just over the Union County line off of Providence Road (Hwy 16).  Filled with stunning homes,  meticulous landscaping and the perfect location, Highgate draws buyers from all across the country.  Highgate's proximity to I-485 makes for an easy commute to the Uptown, Ballantyne, SouthPark, Fort Mill, the UNCC area and Charlotte Douglas International Airport.  Highgate residents are assigned to the highly accredited Weddington school system and Highgate is conveniently located to area private schools as well. Property taxes for Union County are a bit lower than the surrounding counties. Annual HOA dues are currently $950 and covers maintenance for its 20+ ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
10 HOT INDIAN TRAIL, NC (28079 ZIP CODE) NEIGHBORHOODS TO WATCH IN 2023 863 homes sold in the Indian Trail/28079 zip code area in 2022 at an average sale price that was 18% higher year-over-year, pushing average prices into the mid-$400,000's. Until 2022, Indian Trail home prices averaged in the mid to high $300,000's.  Indian Trail in Union County, long one of Greater Charlotte region's more affordable areas for homes, is becoming less affordable.  Three of these 10 neighborhoods have been top selling neighborhoods in Indian Trail for seven consecutive years:  Brandon Oaks, Lake Park, and Crismark.     BRANDON OAKS56 homes sold in Brandon Oaks in 2022 at an average sale price of $440,464. Since 2020. the average sale price of a home in Brandon Oaks has increased by almost $140,000. In ...
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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... 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 2.5% increase in average home prices and a 6.5% increase in median home prices, year-over-year.  Home sale prices also increased month-over-month. Median home prices in Weddington and Marvin, which had exceeded $1 million in the prior four months, dropped below $1 million in November, but rebounded back to over $1 million in Weddington in December.  Average days on market increased increased 10 days to 45 days year-over-year. Month-over-month, the average days on market increased 11 days.  The list to sale ratio was down year-o...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 10 Hot Selling Neighborhoods To Watch In Charlotte's Waxhaw | Weddington | Marvin Areas In 2023 Waxhaw | Weddington | Marvin areas in Union County in the Charlotte region remained hot in 2022, especially luxury home neighborhoods. 10 neighborhoods in the Waxhaw area were especially hot in 2022 and are worth watching in 2023 for continued demand.  Five neighborhoods on the 2022 list have been "hot neighborhoods" for six consecutive years now -- Millbridge, Lawson, Cureton, Hunter Oaks, Providence Downs. One neighborhood made the 2022 hot neighborhoods list for a third consecutive year -- Somerset. Weddington Chase has now made the list for a second consecutive year.  New on the list of hot Waxhaw neighborhoods in 2022 are Grove Manor, Oldenburg, and The Chimneys of Marvin. Excellent sch...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Market Report Zip Code 28104 | DEC 2022Matthews & Weddington share zip code 28104, and both continue to show strong performance in home sales, with diminishing days-on-the-market and increased interest in the area. The history in Matthews runs deep, but most of the town’s 25,000+ residents have relocated to Matthews in the past decade, attracted by affordable homes in beautiful new subdivisions, strong schools, lower taxes and the historic, pedestrian-friendly downtown.  Some historic Matthews homes remain around the fringes of Matthews town center, however the Matthews area has seen tremendous growth with new subdivisions.  Homes for sale in Matthews range from transitional to historic colonial to craftsman style. Weddington encompasses approximately 17 square miles or 11,044 acres and...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in November 2022...What you need to know...What it means for you... After setting record home prices in October 2022, Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge, showed signs of a cooling market year-over-year with average home sale prices down, pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, days on market up, and inventory up dramatically for a third consecutive month in November 2022.   Indian Trail Area Housing Market HighlightsNovember 2022 vs November 2021 INDIAN TRAIL HOME SALE PRICES DECREASED YEAR-OVER-YEAR & MONTH-OVER-MONTHAfter setting a record for home prices in October 2022, average home prices in Ind...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Highgate Market Report | DEC 2022 Weddington, NC - Highgate Community -  A beautifully developed, popular luxury neighborhood, located just over the Union County line off of Providence Road (Hwy 16).  Filled with stunning homes,  meticulous landscaping and the perfect location, Highgate draws buyers from all across the country.  Highgate's proximity to I-485 makes for an easy commute to the Uptown, Ballantyne, SouthPark, Fort Mill, the UNCC area and Charlotte Douglas International Airport.  Highgate residents are assigned to the highly accredited Weddington school system and Highgate is conveniently located to area private schools as well. Property taxes for Union County are a bit lower than the surrounding counties. Annual HOA dues are currently $950 and covers maintenance for its 20+ ...
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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... 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 4.8% increase in average home prices and a 3.3% decrease in median home prices, year-over-year.  Median home prices in Weddington and Marvin, which had exceeded $1 million in the prior four months, dropped below $1 million in November. Clearly, the market is softening in the Waxhaw area. Average days on market increased increased by one day to 36 days year-over-year. Month-over-month, the average days on market increased by 11 days.  The list to sale ratio was down year-over-year providing home buyers a window of opportunity to...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Highgate Market Report | NOV 2022 Weddington, NC - Highgate Community -  A beautifully developed, popular luxury neighborhood, located just over the Union County line off of Providence Road (Hwy 16).  Filled with stunning homes,  meticulous landscaping and the perfect location, Highgate draws buyers from all across the country.  Highgate's proximity to I-485 makes for an easy commute to the Uptown, Ballantyne, SouthPark, Fort Mill, the UNCC area and Charlotte Douglas International Airport.  Highgate residents are assigned to the highly accredited Weddington school system and Highgate is conveniently located to area private schools as well. Property taxes for Union County are a bit lower than the surrounding counties. Annual HOA dues are currently $950 and covers maintenance for its 20+ ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in October 2022...What you need to know...What it means for you... Indian Trail area (28079 zip code), which includes the towns of Indian Trail, Stallings, and Hemby Bridge showed signs of a cooling market with pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, days on market up to their highest level in 2022, and inventory up dramatically for a second consecutive month in October 2022. By the same token, average home prices increased year-over-year and set a new record high.  Indian Trail Area Housing Market HighlightsOctober 2022 vs October 2021   INDIAN TRAIL HOME SALE PRICES INCREASED YEAR-OVER-YEAR & MONTH-OVER-MONTHAverage home prices in Indian Trail increased 16.4% to $476...
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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... 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 56+% increase in average home prices and a 31+% increase in median home prices, year-over-year.  Median home prices in Weddington and Marvin exceeded $1 million in October 2022, as they have in the prior three months. However, in both Weddington and Marvin, home sale prices were lower than in September 2022. Average days on market increased were flat and down month-over-month. The list to sale ratio was down year-over-year and month-over-month providing home buyers a window of opportunity to negotiate for the first time in qu...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Crismark Neighborhood in Greater Charlotte's Indian Trail, NCReal Estate Report & Neighborhood SpotlightQuarter 3 - 2022 Crismark sales dropped in the Third Quarter 2022 year-over-year, but increased quarter-over-quarter.  New listings in Crismark increased compared with the same time one year ago and the most recent quarter. Days on market also increased. The list to sale price ration also decreased. That being said, average and median sale prices increased year-over-year and quarter-over-quarter. CRISMARK REAL ESTATE SNAPSHOT: Q 3 - 2022 Average days on market were 18 days, seven days higher than in the Third Quarter one year ago and in the Second Quarter 2022. Median days on market were 11 days in the Third Quarter 2022, up by eight days from one year ago and by six days one quarter ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Cureton Neighborhood in Waxhaw, NC: Real Estate Report & Community SpotlightQuarter 3 - 2022 13 homes sold in Cureton during Quarter 3 - 2022, one fewer homes than in the same quarter one year ago and three fewer than in Quarter 2 - 2022.. New listings increased by three to 12 compared with the same quarter one year ago. However, new listings were half that of the 24 we saw in the Second Quarter 2022.  Days on market increased both year-over-year and quarter-over-quarter, signaling a shift in demand for Cureton homes. A significant drop in list to sale price ratios year-over-year and quarter-over-quarter further underscored a shift in demand. Cureton Home Sales Snapshot: Quarter 3 - 2022 Cureton home sellers received 99% of asking price on average. This compares with 102.4% in the same ...
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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 -2022 As the Millbridge Real Estate Snapshot below shows, both median home listing and sale prices increased in Quarter 3 -  2022 compared with the same quarter one year ago. Average home sale price increased 14.63% to $564,414. Quarter-over-quarter average sale prices decreased minimally by about $1,100. Home sale prices ranged from a low of $420,000 to a high of $820,000 in Millbridge during Quarter 3 - 2022. Home sellers received 100.4% of asking price, on average, in the Third Quarter 2022.  This was 2.6% less than one year ago and 1.4% less than in Quarter 2 - 2022. Median sale prices of Millbridge homes averaged 100% of asking price in the Third Quarter 2021. This was 2% less than one year ago and equal t...
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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 SpotlightQuarter 3 - 2022 Nine homes sold in Hunter Oaks in Quarter 3 - 2022, six fewer homes than sold in quarter three one year ago and one fewer than in Quarter 2 - 2022. Hunter Oaks had 11 new home listings in the Third Quarter 2022, equaling what we saw in the same quarter one year ago, and two fewer new listings quarter-over quarter. The biggest shift in the Hunter Oaks neighborhood in the Quarter 3 - 2022 was in the average days on market and in the list to sale price rations compared with one year ago and one quarter ago. Average home sale prices were down 1.83% compared with the third quarter in 2021. Average sale price was also down compared with Quarter 2 - 2022 at $660,000. This was approximate...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Lawson Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood SpotlightQuarter 3 - 2022 17 homes sold in Lawson during Quarter 3 - 2022, equal to the 17 homes that sold in the same quarter one year ago and one more than the 16 that sold in Quarter 2 - 2022. New listings increased by two year-over-year to 20 and by one quarter-over-quarter. We saw a shift in Lawson home sales to more days on market and while home prices appreciated year-over-year, they appreciated at a much lower rate than what we've seen in the past couple of years. Quarter-over-quarter, home sale prices decreased as did the list to sale price ratios. Lawson Home Sales Snapshot: Quarter 3 - 2022 Average days on market increased to 16 days from seven days compared with the same quarter one year ago. Average days on ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Quellin Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood SpotlightQuarter 3 - 2022 Five homes sold in Quellin during Quarter 3 - 2022, one fewer than in the same quarter one year ago and one fewer than in the Second Quarter 2022. Home prices increased year-over-year. We did see a shift in home sales in the Third Quarter 2022 with an increase in days on market and a lower list to sale price ratio compared with one year ago and one quarter ago. Nonetheless, homes in Quellin sold quickly and at over 100% of list to sale price. QUELLIN HOME SALES SNAPSHOT: QUARTER 3 - 2022 Average days on market increased to 11 days from five days compared with the same quarter one year ago and increased from two days in the Second Quarter 2022. Median days on market increased to 12 days in Quar...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Weddington Chase Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood SpotlightQuarter 3 - 2022 Seven homes sold in Weddington Chase during Quarter 3 - 2022, three more than in the same quarter one year ago and two more than in the Second Quarter 2022. Year-over-year, both average and median home sale prices increased. We saw a small shift in Weddington Chase in the Third Quarter 2022 with days on market increasing and the list to sale price decreasing. Nonetheless, homes sold quickly and the median list to sale price ratio was 100%. Weddington Chase Home Sales Snapshot: Quarter 3 - 2022 Average days on market increased to 12 days from four days compared with the same quarter one year ago and with the Second Quarter 2022. Median days on market were five days in Quarter 3 - 2022,...
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