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)
 February 2018 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 the new year on a strong note with closed and pending sales up, and days on market down. New construction sales remain a driving force in the Waxhaw area market. The average sale price of Waxhaw area homes was just over $437,000. Average days on market for property listings dropped by 3 days to 63 days, a 4.5% improvement over the same period last year. Median days on market were 29. Average price per square foot increased by 1.6% to $129/square foot during February 2018 versus February 2017. Closed sales in Waxhaw/Weddington/Marvin areas increased 4.4% in February 2018 as compared with February 2017. Clo...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 1925 Chickance Lane in the Lawson community in Waxhaw, NC listed for sale by Nina Hollander with RE/MAX Executive for $525,000, is under contract after less than three days on market with both buyers and sellers now looking forward to a closing in three weeks. 1925 Chickance Lane enjoys exceptional curb appeal, personifying classic Southern charm at its best, easy lifestyle at its finest, and access both to everything Charlotte has to offer and the charm of historic Waxhaw. And the $120,000+ in custom upgrades and recent updates in this beautiful, one-owner home certainly went a long way to impressing the future homeowners. Built in 2006, 1925 Chickance Lane is a move-in ready, 3-story Charleston-style home with TWO rocking chair front porches situated on a quiet cul-de-sac, offering a...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Hot Neighborhoods To Watch In Charlotte's Waxhaw Area Charlotte metro area's Waxhaw/Weddington/Marvin areas remain hot with buyer demand exceeding supply of homes. Eight neighborhoods in the Waxhaw area were particularly hot in 2017 and should be watched carefully in 2018 for continued demand. Excellent schools, lower property taxes, communities with resort-style amenities, historic downtown Waxhaw all contibuted to the high demand for Waxhaw area homes. Demand for Waxhaw area homes helps make Union County the fastest growing county in North Carolina, as well. MILLBRIDGE  Number of homes sold in 2017: 165 Average year built: 2016 Average listing price: $372,291 Average selling price: $365,591 Median selling price: $364,400 Least expensive home sold: $113,900 Most expensive home sold:  ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 January 2018 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)--began the new year on a strong note with closed and pending sales up, and days on market down. New construction sales remain a driving force in the Waxhaw area market. The average sale price of Waxhaw area homes remained flat in January 2018 at just under $439,000 versus January 2017.  Average days on market for property listings dropped by 3 days to 64 days, a 4.5% improvement over the same period last year.  Average price per square foot increased by 0.8% to $128/square foot during January 2018 versus January 2017. Closed sales in Waxhaw/Weddington/Marvin areas increased 6.1% in January 2018 as compared with Janua...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Lawson neighborhood's sales stayed strong year-over-year from 2015 to 2016 to 2017 with an increase in both the number of homes sold each of those years and the average selling price for homes. In 2016 and 2017 about 20% of total sales were new construction homes, which helped pull up average sold prices. The average selling price as a per cent of listing price has also gradually increased year-over-year. In 2017 sold prices ranged from a low of $249,900 to a high of $725,000.  It's worth pointing out that as of the start of 2018 Mattamy had nine homes under construction with an average list price of just under $727,000. Meantime, Lennar Homes have five homes under construction as the year started with an average list price of $480,000 (up year-over-year). This new construction will co...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 2017 Home Sales Review For The Cureton Neighborhood In Waxhaw, North Carolina The Cureton neighborhood in Charlotte metro area's Waxhaw continued to see brisk sales throughout 2017. Home prices increased by almost 10% from 2015 to 2016. They were lower in 2017 than in 2016. However, a lot of this can be attributed to the fact that there were fewer new construction sales in 2017 than in the two prior years. New construction sales are typically higher in average price point versus resale homes and thus impact average sales prices in any given year. And the more new homes that sell, the greater their impact on average sale prices. Namely,  In 2015 new construction sales totaled 10 with an average sale price of $536,798 (considerably higher than the overall average for the community). And ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Home sales in the Waxhaw neighborhood of Hunter Oaks during 2017 remained in line with sales of the prior two years... the number of homes sold from 2015 to 2017 stayed steady at 54-55 homes each of these three years. Not much of a change in home prices from 2016 to 2017, but home prices were up versus average prices in 2015. Because Hunter Oaks has such a wide variety of home styles and sizes, home prices can vary from year to year depending on which combination of homes are sold in any given year.  Hunter Oaks remains a hugely popular neighborhood with many homes selling in under 10 days during 2017 -- proximity to Ballantyne and top Marvin schools being two of the reasons this is a perenially in-demand community.  Hunter Oaks Home Sales Review: 2015 - 2017 Hunter Oaks Home Sales Sum...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 A record number of homes sold in the Millbridge community in Waxhaw, North Carolina in 2017 with a total of 164 homes sold and closed. 98 of these homes were new construction homes, whose average sale price was about $10,000 more per home than for a resale home. The 164 homes sold in Millbridge in 2017 were almost twice the number of homes sold in 2016, which saw 89 home sales, 56 of which were new construction homes selling at about a $26,000 premium, on average versus resale homes.  Comparing 2017 and 2016 sales to those in 2015, it's clear that new construction in Millbridge had not yet become the factor it's been in the past two years, which resulted in a considerably lower average price per home sold. With the average year built of the homes sold in 2015 at 2012, it was also clear...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 December 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)--ended the year on the strong path we've seen year-to-date with home prices up, closed and pending sales up, and days on market down. New construction sales remain a driving force in the Waxhaw area market. The average sale price of Waxhaw area homes increased in December 2017 by 0.3% to just over $436,000 versus December 2016.  Average days on market for property listings dropped by 3 days to 64 days, a 4.5% improvement over the same period last year.  Average price per square foot increased by 0.8% to $128/square foot during December 2017 versus December 2016. Closed sales in Waxhaw/Weddington/Marvin areas increas...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 1201 Toteros Drive in the Lawson community in Waxhaw, NC listed for sale just 20 days ago by Nina Hollander with RE/MAX Executive for $550,000 at below recently appraised value is now under contract. 1201 Toteros Drive enjoys exceptional curb appeal, personifying classic Southern charm at its best, easy lifestyle at its finest, and access to everything Charlotte has to offer and the charm of historic Waxhaw.  Built in 2006, 1201 Toteros Drive, a 5,042 square foot home with 6 bedrooms, and 5.5 bathrooms,  is move-in ready and features an open floor plan ideal for casual living, as well as larger gatherings and more formal entertaining. The rocking chair front porch and lush landscaping with lighting provide exceptional curb appeal. The home's location in Lawson, one of Waxhaw's most des...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 November 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. New construction sales remain a driving force in the Waxhaw area market. The average sale price of Waxhaw area homes increased in November 2017 by 2.4% to just over $440,000 versus November 2016.  Average days on market for property listings dropped by 2 days to 65 days, a 3.0% improvement over the same period last year.  Median days on market also dropped 1 day to 27, a 3.6% improvement in November 2017. Average price per square foot increased by 1.6% to $128/square foot during November 2...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 1201 Toteros Drive in the Lawson community in Waxhaw, NC has just been listed for sale by Nina Hollander with RE/MAX Executive for $550,000. This home is being offered at below recently appraised value.  1201 Toteros Drive enjoys exceptional curb appeal, personifying classic Southern charm at its best, easy lifestyle at its finest, and access to everything Charlotte has to offer and the charm of historic Waxhaw.  Built in 2006, 1201 Toteros Drive, a 5,042 square foot home with 6 bedrooms, and 5.5 bathrooms,  is move-in ready and features an open floor plan ideal for casual living, as well as larger gatherings and more formal entertaining. The rocking chair front porch and lush landscaping with lighting provide exceptional curb appeal. The home's location in Lawson, one of Waxhaw's most...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 October 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. New construction sales remain a driving force in the Waxhaw area market. The average sale price of Waxhaw area homes increased in October 2017 by 3.4% to just under  $443,000 versus October 2016.  Average days on market for property listings dropped by 2 days to 65 days, a 3.0% improvement over the same period last year.  Median days on market also dropped 3 days to 26, a 10.3% improvement in October 2017. Average price per square foot increased by 2.4% to $128/square foot during October 20...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 320 Golden View Drive in the Millbridge community in Waxhaw, NC, listed by Nina Hollander with RE/MAX Executive, is now a closed sale at $410,000. It took just 12 days for the home to go under contract. Built in 2013 with many custom finishes, this full brick, 3,565 square foot home with 5 bedrooms/4 bathrooms was move-in ready. The home featured an open floor plan ideal for casual living, as well as larger gatherings and more formal entertaining. The rocking chair front porch and lush landscaping provide exceptional curb appeal. The home's location in Millbridge, one of Waxhaw's most desired communities, and in one of Union County's top-rated public school districts were an extra "bonus." 320 Golden View Drive is situated on one of the larger lots (.34 acres) in Millbridge and is also...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 If you're looking for a fun thing to do this coming weekend, why not go to Waxhaw, North Carolina's Autumn Treasures Festival. This annual festival, held the second weekend of each October, is Waxhaw's largest festival. Stroll the streets of historic, downtown Waxhaw and enjoy exhibits by local crafters, listen to music by local musicians, taste mouthwatering barbecue during the Grill'n & Chill'n BBQ Cook-Off. A Kids Zone will feature inflatables, carnival rides, pony rides, petting zoo, a children’s entertainment stage, and kid’s crafts. The schedule of events includes: Concert: Friday, October 13th | 7:00-9:00 PMBBQ Public Tasting: Saturday, October 14th | 1:30-4:00 PMWaxhaw SKATE Race: Sunday, October 15th | 1:00-5:00 PMMusic: live performances all day long both Saturday and Sunday ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 September 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. New construction sales remain a driving force in the Waxhaw area market. The average sale price of Waxhaw area homes increased in September 2017 by 3.3% to just over $443,000 versus September 2016.  Average days on market for property listings dropped by 3 days to 65 days, a 4.4% improvement over the same period last year.  Median days on market also dropped 3 days to 26, a 10.3% improvement in September 2017. Average price per square foot increased by 2.4% to $128/square foot during Sept...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 320 Golden View Drive in the Millbridge community in Waxhaw, NC is under contract and a pending sale, just 12 days after coming on the market. Built in 2013 with many custom finishes, this full brick, 3,565 square foot home with 5 bedrooms/4 bathrooms is move-in ready. The home features an open floor plan ideal for casual living, as well as larger gatherings and more formal entertaining. The rocking chair front porch and lush landscaping provide exceptional curb appeal. The home's location in Millbridge, one of Waxhaw's most desired communities, and in one of Union County's top-rated public school districts are an extra "bonus." 320 Golden View Drive is situated on one of the larger lots (.34 acres) in Millbridge and is also distinguished by the fact that it is a full brick home with a...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Don't forget about Waxhaw, North Carolina's Summer Concert Series, Jammin' By The Tracks. As the Town of Waxhaw puts it:  "Grab a lawn chair and join us under the water tower in downtown Waxhaw for Bluegrass music by The Hinson Girls." If you love bluegrass music this is a concert you shouldn't miss on Friday, August 11th. And besides, the price is just so right--it's free!   The Hinson Girls are four sisters from neighboring Lancaster, South Carolina, who have been performing bluegrass gospel music since 2009 and have won numerous awards/competions in recent years. They are about to realease their third CD "A LIFE THAT'S GOOD". Find out more about The Hinson Girls by click here.   The last concert of the 2017 season is scheduled for Friday, August 18th from 7:00-9:00 pm featuring the p...
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
Every Friday night we have a lots of enterainment under the stars here in Waxhaw, So come on downtown to Waxhaw NC and listen to some amazing singer, bands and dance the nigt away. While you are here vist our many restaurants and lively, brick-walled microbrewery set in historic Waxhaw Downtown. Bring a chair and your dancing shoes and enjoy the tunes downtown Waxhaw under the Water Tower. Get a preview of the band playing each Friday night at: http://www.reverbnation.com/venue/waxhawevents Follow The Hinson Girls on Facebook by clinking the link below: The Hinson Girls @4HinsonGirls
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 July 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 July 2017 by 3.7% to just over $440,000 versus July 2016 (and also up versus the previous month of June 2017). 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 4 days to 27, an 12.9% improvement in July 2017. Average price per square foot increased by 43.2% to $128/square foot during July 2017 versus July 2016. Closed sales in...
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