Waxhaw, NC Real Estate News

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 significant increase in home prices, year-over-year and month-over-month in July 2022. Average home sale prices set a new record. Median home prices in Weddington and Marvin exceeded $1 million in July 2022. Average days on market increased year-over-year. The list to sale ratio was down year-over-year and month-over-month. While the Waxhaw area market is definitely cooling somewhat, home sellers remained in the driver's seat in July. WAXHAW AREA HOUSING MARKET HIGHLIGHTSJULY 2022 VERSUS JULY 2021  WAXHAW AREA AVERAGE HOME SALE...
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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 4 - 2021 Six homes sold in Hunter Oaks in the 4th quarter of 2021, 10 fewer than in the same quarter one year ago. As new listings were down 81.25% year-over-year with just three homes listed in Q4-2021 versus 16 homes listed in Q4-2020, it's not surprising that the number of closed sales were also down 62.5%. Average home sale prices were up 28.81% compared with the 4th quarter in 2020. Median sale prices for Hunter Oaks homes also increased 20.1% year-over-year. Average sale price was $645,833. The median sale price was $587,000 Home sale prices ranged from a low of $525,000 to a high of $836,000 during the 4th quarter. Median sale prices reached historic highs in Hunter Oaks in the Fou...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Somerset Neighborhood in Waxhaw, NCReal Estate Report & Community SpotlightQuarter 4 - 2021 In the 4th Quarter 2021, four homes sold in the Somerset neighborhood, one less than in the same quarter of the previous year. Six fewer homes sold in Quarter 4 - 2021 versus Quarter 3 - 2021. New listings increased by three year-over-year from three homes to six homes in the fourth quarter 2021. Median listing and sale prices increased compared with the Fourth Quarter 2020.  Average selling price was $567,413, increasing 25.95% year-over-year. The median sale price in Somerset was $575,000, increasing 26.69% year-over-year. Home sales prices ranged from a low of $480,000 to a high of $653,500 in the fourth quarter 2021. Somerset home sellers received 103.5% of listing price in final sale price, ...
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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 4 - 2021 Six homes sold in Cureton during the Fourth Quarter of 2021, 15 fewer homes than in the same quarter one year ago. New listings were down compared with the same quarter one year ago -- down by seven homes to just six listings. It should be pointed out that six listings in a community with over 500 homes, is no "real" inventory to speak of. Cureton home sellers received 105.5% of asking price on average. Average days on market were 11 days in Quarter 4, 2021, down 8 days from one year ago. Median days on market were just three, with a median list to sell ratio of 104.3%. Home prices in Cureton can range from the $400,000's to over $1 million. Average sale price in Cureton in the Fourth Quarter 20...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Millbridge in Waxhaw, NCHome Sales Report & Neighborhood Spotlight:Quarter 4 -2021 As the Millbridge Real Estate Snapshot below shows, both median home listing and sale prices increased significantly during the 4th Quarter 2021 compared with the same quarter one year ago. Average home sale price was $506,230, which was also almost $14,000 higher quarter-over-quarter. Home sale prices ranged from a low of $378,118 to a high of $725,000 in Millbridge during Quarter 4 - 2021. Home sellers received 102.3% of asking price, on average in the 4th Quarter 2021.  Median sale prices of Millbridge homes averaged 100.9% of asking price in the third quarter 2021.  Median home sale price was $490,000 during Quarter 4 -2021. This was almost $19,000 higher quarter-over-quarter. Median sale prices are n...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Lawson Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood SpotlightQuarter 4 - 2021 14 homes sold in Lawson during the Fourth Quarter 2021, four fewer than in the same quarter one year ago. New listings increased by four year-over-year to 13. Demand for Lawson homes was also reflected in the drop in average days on market, which were down 5 days to 10 days compared with the same quarter one year ago. Median days on market were just 3 days. As a result, home sellers received an average of 102.4% of their asking price during the fourth quarter 2021. 13 of the 14 homes that sold in the fourth quarter received at least 100% of list price in final sale price. Median list and sale prices for Lawson homes increased in the Fourth Quarter 2021 versus 2020, as did average and median list...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Waxhaw | Weddington | Marvin real estate markets in December 2021 and 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 continued declines in inventory, declines in pending and closed sales, declines in new listings, declines in days on market in December 2021 versus December 2020. The only thing that increased were home prices, which increased year-over-year and were the highest prices seen in Waxhaw history. Lack of inventory is certainly impacting sales volume and home prices in the 28173 zip code.  Waxhaw Area Housing Market HighlightsDecember 2021 Versus December 2020 Average days on market decreased 23 days (down 43.4%) to 30 days year-over...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Waxhaw | Weddington | Marvin real estate markets in November 2021 and 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 continued declines in inventory, declines in pending and closed sales, declines in new listings, declines in days on market in November 2021 versus November 2020. The only thing that increased were home prices, which increased year-over-year and were the highest prices seen in Waxhaw history. Lack of inventory is certainly impacting sales volume and home prices in the 28173 zip code. Average days on market decreased 6 days (down 15%) to 34 days year-over-year. Average days on market were down 39 days compared with November 2019. ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Waxhaw | Weddington | Marvin real estate markets in October 2021 and 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 continued declines in inventory, declines in pending and closed sales, declines in new listings, declines in days on market in October 2021 versus October 2020. The only increases we saw were home prices, which increased year-over-year. Lack of inventory is certainly impacting sales volume in the 28173 zip code. Average days on market decreased 20 days (down 43.5%) to 26 days year-over-year.  Median days on market were 6 days in October, down one day year-over-year and down 32 days from two years ago in October. Continued tight in...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Somerset Neighborhood in Waxhaw, NCReal Estate Report & Community SpotlightQuarter 3 - 2021 In the 3rd Quarter 2021, 10 homes sold in the Somerset neighborhood, equal to the number of homes sold in the same quarter of the previous year. Two fewer homes sold in Quarter 3 - 2021 versus Quarter 2 - 2021. New listings were also flat year-over-year with eight new listings in each of the third quarters.  Median listing and sale prices increased compared with the Third Quarter 2020.  Average selling price was $587,981, increasing 36.87% year-over-year. The median sale price in Somerset was $568,00, increasing 34.44% year-over-year. Average home prices increased approximately $54,000 over the Second Quarter 2021; median home sale prices increased about $138,000 over the Second Quarter 2021. So...
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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 - 2021 15 homes sold in Hunter Oaks in the 3rd Quarter 2021, three fewer than in the same period one year ago and three fewer than in the 2nd Quarter 2021.  Average home sale prices were up 41.29% compared with the 3rd Quarter  2020. Median sale prices for Hunter Oaks homes also increased 44.02% year-over-year. Average sale price was $660,056. The median sale price was $661,250 Home sale prices ranged from a low of $534,900 to a high of $882,000 during the 3rd Quarter. Average and median home prices were also much higher, quarter-over-quarter. Average home prices increased some $102,000 over 2nd Quarter 2021. Median home prices increased almost $68,000 quarter-over-quarter. On average, ...
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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 - 2021 14 homes sold in Cureton during the Third Quarter of 2021, nine fewer homes than in the same quarter one year ago. New listings were down compared with the same quarter one year ago -- down six homes to nine. It should be pointed out that nine new listings in a community with over 500 homes, is no "real" inventory to speak of. Cureton home sellers received 102.4% of asking price on average. Average days on market were eight days in Quarter 3, 2021, down 43 days from one year ago. Median days on market were just five. Home prices in Cureton can range from the $400,000's to over $1 million. Average sale price in Cureton in the Third Quarter 2021 was $711,536, up 39.06% year-over-year. Quarter-over...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Lawson Neighborhood in Waxhaw, NC: Real Estate Report & Neighborhood SpotlightQuarter 3 - 2021 17 homes sold in Lawson during the Third Quarter 2021, nine fewer than in the same quarter one year ago. New listings were also down compared with the same quarter one year ago... nine fewer homes for sale. Demand for Lawson homes was also reflected in the drop in average days on market, which were down 23 days to 7 days compared with the same quarter one year ago. As a result, home sellers received an average of 103.8% of their asking price during the third quarter 2021. Every home that sold in the third quarter received more than 100% of list price in final sale price. On average, home sellers received 103.3% of list price in final sale price. Median list and sale prices for Lawson homes inc...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Millbridge in Waxhaw, NC: Quarter 3 - 2021Home Sales Report & Neighborhood Spotlight As the Millbridge Real Estate Snapshot below shows, both median home listing and sale prices increased significantly during the 3rd Quarter 2021 compared with the same quarter one year ago. Average home sale price was $492,307, which was also some $54,000 higher than in the 2nd Quarter 2021. Median sale prices of Millbridge homes averaged 100.3% of asking price in the third quarter 2021.  Median home sale price was $471,117 during Quarter 3 -2021. Average home listing prices also increased in the 3rd Quarter 2021 compared with the same quarter one year ago. Average list price increased 21.3%, while average sale price increased 25.65%.  47 homes sold during the 3rd Quarter 2021,  63 fewer homes than du...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 SERENE & PRIVATE SETTING IN WAXHAW'S EXCLUSIVE WALDEN POND NEIGHBORHOOD2006 Sandy Pond Lane: Now Pending 2006 Sandy Pond Lane, located in Walden Pond, one of Waxhaw's most in-demand, exclusive estate neighborhoods is now out of due diligence and fully pending. The home, listed by Nina Hollander with Coldwell Banker Realty, at $875,000 sold in five days. Sellers and buyers are now looking forward to a closing date in early November. Situated on a private cul-de-sac, this 4,971 square foot, 4 bedroom | 4.5 bathroom home offers exceptional indoor and outdoor living and entertaining space. It’s a beautiful, private, tranquil country setting close to  the amenities and conveniences of sophisticated city life. The one-owner, custom-built home with walk-out basement has been designed with an ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Waxhaw | Weddington | Marvin real estate markets in September 2021 and 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 declines in inventory, declines in pending and closed sales, declines in new listings, declines in days on market in September 2021 versus September 2020. The only thing that increased were home prices, which increased over 21% year-over-year. Average days on market decreased 24 (down 63.2%) days to 14 days year-over-year.  Median days on market were 3 days in September, down 8 days year-over-year and down 20 days from two years ago in September. Continued tight inventory and a months supply of homes of 0.9 months (a 1.2 month'...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Waxhaw | Weddington | Marvin real estate markets in August 2021 and 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, Weddington and Marvin) continued to see tight inventory (dropping 57.6% year-over-year) in August 2021, accompanied by a drop in new listings of 20.2%. Average days on market decreased 24 days (down 63.2%) to 14 days year-over-year.  Median days on market were 3 days in August, down 8 days year-over-year and down 20 days from two years ago. Continued tight inventory and a months supply of homes of 0.9 months (a 1.4 month's drop from 2.3 months one year ago and a 3.2 one month's drop from 4.1 months in 2019), kept the Waxhaw area a home seller’s market in A...
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By David Snell 704.545.0098, CERTIFIED MOLD INSPECTOR, CERTIFIED MOLD REMOVAL.
(WWW.ExecutiveRestoration.Com)
When you notice, what appears to be Mold, on your food, what do you do?1/ Throw the food away?2/ Cut out, what appears to be Mold?3/ Eat the food, even if it is Mold?4/ What would you do with Moldy Cheese or Moldy bread? Do you think there are things, that are made with Mold or from Mold?In-Mold Removal or Mold Remediation, I sometimes, cut the Mold out and other times, I remove and clean the Mold.  It really depends on the severity of the situation.  If the area, is wet, I will dry out the area.  If the area is just Mold, I can remove the Mold by performing a HEPA Vacuuming and then spray a stain release on the area and then perform an antimicrobial application. If you like any of the articles, I have written, please consider following me and sharing the article out.Thank you,David Sne...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Waxhaw | Weddington | Marvin real estate markets in July 2021 and 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) continued to see tight inventory (dropping 66.3% year-over-year) in July 2021, accompanied by a drop in new listings of 18.0%, as well. This resulted in home prices increasing 38.1% year-over-year. (And that's after a 26.9% increase in June 2021.) Average days on market saw a drop of 72,5%, decreasing 37 days to 14 days year-over-year. Average days on market also decreased by 2 days month-over-month. Median days on market saw a drop of 81.3%, decreasing 13 days to 3 days in July. Median days on market decreased 22 days over July 2019. ...
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By David Snell 704.545.0098, CERTIFIED MOLD INSPECTOR, CERTIFIED MOLD REMOVAL.
(WWW.ExecutiveRestoration.Com)
How Can I Get Mold,  Growing On My Windows?Have you ever heard the expression, where east meets west? Well, the answer to the question of how can I or you or anyone get Mold growing on their windows, is when heat meets cold or when cold meets heat.  Another way, this will create moisture on the windows, and this can create Mold issues on your window and you will need to Clean Up the Mold growing on your windows.  One way to clean up the Mold growing,  on your windows,  is to use white distilled vinegar with a small amount of liquid soap and wipe down the glass pane of the window as well as the siding of the window to remove and Mold growing and to help you with your Mold Removal.  After, you finish this, wash out your rag and get another clean rag with just vinegar and wipe down the sid...
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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 2 - 2021 15 homes sold in Cureton during the Second Quarter of 2021, 2 more homes than in the same quarter one year ago. New listings were  down compared with the same quarter one year ago -- down 2 homes to 15. It should be pointed out that 15 new listings in a community with over 500 homes, is no "real" inventory to speak of. Cureton home sellers received 103.9% of asking price on average. Average days on market were six days in Quarter 2, 2021, down 28 days from one year ago. Median days on market were just three. Home prices in Cureton can range from the $400,000's to the high  $800,000's. Average sale price in Cureton in the Second Quarter 2021 was $607,828, up 15.86% year-over-year. Quarter-over-q...
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