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Waxhaw, NC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 2019 Community Of The Year, Millbridge in Waxhaw, NCHome Sales Report & Neighborhood Spotlight Quarter 1- 2020 As the Millbridge Real Estate Snapshot below shows, median home listing and sale prices ($361,622) increased during the 1st Quarter 2020. Average home sale prices ($383,899, about $20,000 higher than in the most recent quarter of 2019) also increased in the 1st quarter 2020 compared with the same quarter one year ago. Sale prices of Millbridge homes were 98.88% of asking price.  86 homes sold in quarter one, 5 more homes than during the same quarter last year. New listings were up 6.17% in the first quarter of 2020, year-over-year. Average days on market were down 18 days versus the same quarter one year ago. Median days on market dropped 32.8%.  In other words, Millbridge hom...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
  Somerset Neighborhood in Waxhaw, NCReal Estate Report & Community Spotlight Quarter 1 - 2020  In the 1st Quarter of 2020, three homes sold in the Somerset neighborhood; three less than in the first quarter of the previous year. New listings in  the first quarter of 2020 were down by more than 50% compared with the same quarter the prior year. Median listing and sale prices ($375,000) were down versus the first quarter of 2019. Average listing and selling prices increased in the 1st quarter compared with the same time period one year ago. Average selling price was $407,500. Average days on market were down 13 days versus the same quarter in the previous year to 29. Somerset home sellers received 98.64% of list price in final sale price. The months supply of inventory in Somerset was ra...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Cureton Neighborhood in Waxhaw, NC: Real Estate Report & Community Spotlight  Quarter 1 - 2020 8 homes sold in Cureton during the First Quarter of 2020, 7 more than in the same quarter one year ago. New listings were also up compared with the same quarter one year ago -- up by 8 homes. Cureton home sellers received 98.51% of asking price on average. Average days on market were also markedly lower at 54 days -- 44 days lower than one year ago. While both average and median listing and sale prices of homes were lower in Quarter 1, 2020 compared with Quarter 1, 2019, this is less an indication of a dimunition in home values in Cureton versus the price mix of homes sold in the most recent quarter. Home prices in Cureton can range from the lower $300,000's to the high $600,000's. Average sa...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
  Hunter Oaks Neighborhood in Charlotte's Waxhaw AreaReal Estate Report & Community Spotlight Quarter 1 - 2020 7 homes sold in Hunter Oaks in the 1st quarter of 2020, three fewer than in the same period one year ago. Both average and median home sale prices were up compared with the 1st quarter in 2019. Average sale price was $468,143; the median sale price was $465,000. Hunter Oaks homes took 35 days to sell on average, a decrease of 43 days compared with the 1st quarter of 2019. On average, sellers received 98.81% of list price in sale price during the 1st quarter 2020. In the 1st quarter, the number of new listings were essentially flat compared with the same quarter one year ago at 11 new listings (one less than in the previous year).  At the end of the 1st quarter, two homes was li...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Waxhaw | Weddington | Marvin (28173 Zip Code) Real Estate Report/Housing Market Snapshot: March 2020  Latest news on the Waxhaw area real estate market and what it means for you...  Waxhaw area (28173 zip code) real estate report for March 2020. The Waxhaw area of the Charlotte, North Carolina metro area  (28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 24.4% year-over-year). New listings increased slightly by 4.1% year-over-year in March. Average days on market decreased 13 days to 57 days year-over-year and decreased 24 days month-over-month.  Median days on market were 13 days in March, down 14 days year-over-year and down 28 days month-over-month. Continued tight inventory and a months supply of homes of 3 mon...
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By The Vining Group at eXp Realty, Relationships First. Real Estate Second.
(The Vining Group)
Welcome to Waxhaw, North Carolina - one of the Charlotte areas most desired places to live!  2515 Waxhaw-Marvin Road resides on 1.8 acres surrounded by plush, mature trees with lots of wide open space. Full brick with stone accents, this ranch beauty boasts gleaming hardwoods throughout, 1025 square foot 3-bay garage, custom built-ins and an oversized covered porch with Trex decking.  Award winning Marvin Schools, low Union County taxes and fantastic shopping, dining and entertainment for days! 3D online tour available soon. Please note that due to surrounding counties implementing COVID-19 stay-at-home orders, we expedited getting her to market. Shoes must be removed prior to entering and we ask that you refrain from touching light switches, doors, etc. We will leave all lights on and ...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Waxhaw | Weddington | Marvin (28173 Zip Code) Real Estate Report/Housing Market Snapshot: February 2020  Latest news on the Waxhaw area real estate market and what it means for you...   Waxhaw area (28173 zip code) real estate report for February 2020. The Waxhaw area of the Charlotte, North Carolina metro area  (28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 30% year-over-year). New listings also dropped 6% year-over-year in February. Average days on market increased 11 days to 81 days year-over-year.  Median days on market were 41 days in February 2020.  Continued tight inventory and a months supply of homes of 2.7 months (a 1.5 month's drop from 4.2 months one year ago), kept the Waxhaw area a seller’s market....
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Waxhaw | Weddington | Marvin (28173 Zip Code) Real Estate Report/Housing Market Snapshot: January 2020 Latest news on the Waxhaw area real estate market and what it means for you...  The Waxhaw area of the Charlotte, North Carolina metro area  (28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see razor-thin, tight inventory (dropping 26.2% year-over-year). New listings also dropped 19.3% year-over-year in January. Average days on market decreased 9 days to 63 days year-over-year.  Median days on market were 53 days in January 2020.  Continued tight inventory and a months supply of homes of 2.8 months ( a 1.2 month's drop from 4 months one year ago), kept the Waxhaw area a seller’s market.  With home sellers receiving 96.3% of list price there w...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Town of Waxhaw 2020 Events Calendar There's always a lot happening in the Town of Waxhaw in the Charlotte metro area. The month of April 2020 will usher in the first of many family-friendly activities for the rest of the year. Waxhaw's "rich social calendar" is one of the biggest reasons people move to this historic town.    Thinking About Moving To The Waxhaw Area?  Find Out More About Waxhaw Here...  Just 15 miles from Uptown Charlotte, you'll find yourself in the historic town of Waxhaw in Union County. The town of Waxhaw gets its name from the Waxhaw Indians, who originally lived in the area and were known as the Wysacky Indians. Waxhaw is also known as the birthplace of President Andrew Jackson.   Today, Waxhaw is known for its award winning schools*, lower taxes, and suburban lif...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 13 Hot Neighborhoods To Watch In Charlotte's Waxhaw Area (28173 Zip Code) In 2020 Charlotte metro area's Waxhaw/Weddington/Marvin areas remained hot in 2019, especially luxury homes neighborhoods. 13 neighborhoods in the Waxhaw area were particularly hot in 2019 (all with at least 20 sales) and are worth watching in 2020 for continued demand.  11 neighborhoods on the 2019 list were hot neighborhoods last year -- Millbridge, Lawson, Cureton, Hunter Oaks, Providence Downs, Providence Downs South, Wesley Oaks, The Courtyards at Wesley Chapel, Longview, Greenbrier, The Falls at Weddington. Two new neighborhoods made the 2019 hot neighborhoods list -- Somerset and Briarcrest.  Six neighborhoods have now been hot selling neighborhoods for three consecutive years: Millbridge, Lawson, Cureton,...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
  Somerset Neighborhood in Charlotte's Waxhaw AreaReal Estate Report & Community Spotlight Quarter 4 - 2019  In the 4th Quarter of 2019, six homes sold in the Somerset neighborhood; two more than in the fourth quarter of the previous year. Median listing and sale prices ($375,750) increased versus the fourth quarter of 2018. Although average listing prices were down minimally, the average selling price ($387,167) increased in the 4th quarter compared with the same time period one year ago. Average days on market were down 6 days versus the same quarter in the previous year.  Somerset home sellers received 98.63% of list price in final sale price. The months supply of inventory in Somerset was razor thin at just one month in the 4th Quarter of 2019.  At year-end 2019, two homes were list...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
  Hunter Oaks Neighborhood in Charlotte's Waxhaw AreaReal Estate Report & Community Spotlight Quarter 4 - 2019 8 homes sold in Hunter Oaks in the 4th quarter of 2019, one more than in the same period one year ago, but 4 less than in the previous month. Both average and median home sale prices were down compared with the 4th quarter in 2018, but this more due to the price range of homes sold than in any dimunition of value in Hunter Oaks homes. Average sale price was $439,125; the median sale price was $429,000. Hunter Oaks homes took 35 days to sell on average, an increase of 12 days compared with the 3rd quarter of 2018. On average, sellers received 98.01% of list price in sale price during the 4th quarter 2019.  During the 4th quarter, the number of new listings were flat compared wit...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Cureton Neighborhood in Waxhaw, NC: Real Estate Report & Community Spotlight  Quarter 4 - 2019 5 homes sold in Cureton during the Fourth Quarter of 2019, down by 6 homes compared with the same quarter one year ago and down by 8 homes from Quarter 3, 2019.  Cureton home sellers received 98.51% of asking price on average. Average days on market were also markedly lower at 49 days -- 66 days lower than one year ago. While both average and median listing and sale prices of homes were lower in Quarter 4, 2019 compared with Quarter 4, 2018, this is less an indication of a dimunition in home values in Cureton versus the price mix of homes sold in the most recent quarter. Home prices in Cureton can range from the lower $300,000's to the high $600,000's. Average sale price in Cureton in the fou...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 2019 Community Of The Year, Millbridge in Waxhaw, NCReal Estate Report & Community Spotlight4th Quarter 2019 As the Millbridge Real Estate Snapshot below shows, median home listing and sale prices ($358,873) increased during the 4th Quarter 2019. Average home sale prices ($364,464) were down slightly, but this is more reflective of the price mix of homes sold than of a dimunition in home values in Millbridge. 70 homes sold in quarter four, 11 more homes than during the same quarter last year. Approximately 82.5% of the sales were new construction. New listings were flat. Averge days on market were down by one day at 86 days versus the same quarter one year ago. Sale prices of Millbridge homes were at 98.61% of asking price.  Months supply of invenotry was 2.5 months... much of it new c...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Lawson Neighborhood in Waxhaw, NC: Real Estate Report & Community Spotlight 4th Quarter 2019 15 homes sold in Lawson during the Fourth Quarter 2019, two fewer than the same quarter one year ago, however there were also nine fewer homes listed for sale than one year ago. Lack of new listings was also reflected in the drop in average days on market, which were down 4 days to 48 days compared with the same quarter one year ago. 4th quarter months supply of homes in Lawson stood at barely one month. As a result, home sellers received 98.88% of their asking price during the fourth quarter. Median list and sale prices for Lawson homes increased in the 4th quarter 2019 versus 2018, as did average and median listing prices. Median sale prices increased 14.56% to $474,750, while average sale pr...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Waxhaw | Weddington | Marvin (28173 Zip Code) Real Estate Report/Housing Market Snapshot: December 2019 Latest news on the Waxhaw area real estate market and what it means for you...  Waxhaw area (28173 zip code) real estate report/snapshot for December 2019. The Waxhaw area of the Charlotte, North Carolina metro area  (28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 21.7% year-over-year).  Despite an 8.1% increase in new listings in the Waxhaw area, new construction inventory, which has long been a "staple" for Waxhaw area home sales, plummeted 49.7% year-over-year. Resale inventory also dropped significantly (17.8%) year-over-year. This drop in inventory caused an increase in average home prices -- up 11.6% for ...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Waxhaw | Weddington | Marvin (28173 Zip Code) Real Estate Report/Housing Market Snapshot: November 2019 Latest news on the Waxhaw area real estate market and what it means for you...  Waxhaw (28173 zip code) real estate report/snapshot for November 2019. 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 20.9% year-over-year) as well as a decrease of 8.1% in new listings. New construction inventory, which has long been a "staple" for Waxhaw area home sales plummeted 47.1% year-over-year. Resale inventory also dropped significantly (20.2%) year-over-year.  Average days on market were flat year-over-year at 74 days. Median days on market dropped 3 days to...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 6 Events In Waxhaw, North Carolina Sure To Brighten Your Holiday Season  Waxhaw Holiday Festival Of Lights: December 7The 2019 Christmas festivities officially kick-off at Waxhaw's annual Holiday Festival of Lights Ceremony when Waxhaw is transformed into a winter wonderland with over 500,00 lights that will illuminate historic downtown Waxhaw. You'll enjoy  a live performance Christmas concert, carnival games and rides, live nativity, carriage rides, Victorian singers strolling the streets and the arrival of Santa. The Holiday Festival of Lights will take place from 4:00 pm till 8:00 pm. (No pets allowed).  Millbridge Holiday Craft & Vendor Fair: December 7  The ever-popular Millbridge Holiday Craft and Vendor Fair takes place on Saturday, December 7th from 10:00 am till 1:00 pm at Mi...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Waxhaw | Weddington | Marvin (28173 Zip Code) Real Estate Report/Housing Market Snapshot: October 2019 Latest news on the Waxhaw area real estate market and what it means for you...  Waxhaw (28173 zip code) real estate report/snapshot for October 2019. 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 22.6% year-over-year) despite an increase of 23.8% in new listings. New construction inventory, which has long been a "staple" for the Waxhaw area home sales plummeted 45.5% year-over-year. Resale inventory also dropped significantly (23.3%) year-over-year. Lower inventory, especially in new construction, resulted in a lower average days on market of 67 d...
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By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
 Sold/Closed: 4404 Glenduran Lane in Waxhaw, NC  4404 Glenduran Lane in the Prescot community in Waxhaw, North Carolina has been sold and closed at $279,000 by Nina Hollander, Broker with Coldwell Banker.   4400 Glenduran Lane is a meticuloust\ly maintained, one-owner home with great schools! Built in 2008, the 4 bedroom/2.5 bathroom home was move-in ready, featuring an open floor plan with approximately 2,134 square feet, ideal for casual living and more formal entertaining. Additional features included new luxury vinyl plank flooring throughout the first floor, a double-sided fireplace with built-in cabinetry, double trey ceiling in the spacious owner's suite, granite counters, in-ground irrigation system, and a rocking chair front porch. The home's patio with pergola and backyard fir...
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