Union County, NC Real Estate News

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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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Somerset Neighborhood in Waxhaw, NCReal Estate Report & Community SpotlightQuarter 3 - 2022 In Quarter 3 - 2022, three homes sold in the Somerset neighborhood, seven fewer than in the same quarter of the previous year and 10 fewer than in Quarter 2 - 2022. . New listings decreased by three year-over-year from eight homes to five homes in the Third Quarter 2022. New listings decreased by eight from 13 in the Second Quarter 2022. Higher days on market year-over-year and quarter over quarter signaled a shift in the market, as did the lower list to sale price ratios in Quarter 3 - 2022. Median listing and sale prices increased slightly compared with  Quarter 3 - 2021, but decreased quarter-over-quarter.  Average selling price was $593,167 increasing 0.88% year-over-year. Compared with Quart...
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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 September 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 shifting and 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, and inventory up dramatically in September 2022. By the same token, average home prices increased year-over-year and were the second highest in 2022.  Indian Trail Area Housing Market HighlightsSeptember 2022 vs September 2021   INDIAN TRAIL HOME SALE PRICES INCREASED YEAR-OVER-YEAR &  MONTH-OVER-MONTHAverage home prices in Indian Trail increased 23% to $431,858 in September 2022 compared ...
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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 20+% increase in both average and median home prices, year-over-year.  Median home prices in Weddington and Marvin exceeded $1 million in September 2022, as they did in the prior two months. In Weddington, median home prices rose above $1.5 million. Average days on market increased slightly year-over-year and 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 many months. It's clear that the Waxhaw area market is...
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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 | SEP 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 August 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 shifting and cooling market with pending and closed sales down, median list to sale price ratio down, foot traffic in listed properties down, and inventory up dramatically in August 2022. By the same token, home prices increased, days on market remained relatively low, price per square foot set a new record.    Indian Trail Area Housing Market HighlightsAugust 2022 vs August 2021  INDIAN TRAIL HOME SALE PRICES INCREASED YEAR-OVER-YEAR BUT DECREASED MONTH-OVER-MONTHAverage home prices in Indian Trail increased 18.6% to $431,858 in August 2022 compared...
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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 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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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
FIRST ANNUAL FALL FESTIVAL IN MONROE, NCAUGUST 27 - 2022 The fall festival season is upon us. And one of the first Charlotte Region fall festivals in 2022 is happening this Saturday, August 27th. City of Monroe Parks & Recreation Department is sponsoring its first Annual Fall Festival on Saturday, August 27th. The festival will be held at Parks Williams Athletic Complex, located at 2011 Ashton Avenue in Monroe from 10:00 am till 2:00 pm. Come out and enjoy great food from some of Charlotte area's most popular food trucks, craft vendors, games, rock wall, bounce house, and more.   Monroe Fall Festival Food Vendors: Thumbs Food Truck (Jamaican Cuisine)100 Main Beef & BBQThe Donut ShopSimply the ZestNomad Coffee TruckWaxhaw Kettle Corn Company  Monroe, North Carolina is the county seat of ...
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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 July 2022...What you need to know...What it means for you... Indian Trail real estate in July 2022 remained a home seller’s market with both average and median home sale prices increasing year-over-year and days on market decreasing. Home buyers pulled back in July with closed and pending sales dropping and housing inventory substantially increasing. However, with home sellers receiving a median 101.6% of list price in sale price, still not much room for buyers to negotiate on price. Indian Trail area (28079 zip code) includes the towns of Indian Trail, Stallings, Hemby Bridge. It’s been more than six years since Indian Trail could be considered a balanced market, much less a home buyer’s market.    Indian Trail Area Housing Market H...
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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 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 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 | AUG 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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