The latest figures from the Carolinas Multiple Listing Service for zip code 28173 show increasing ↑ sales, but decreasing ↓ sales prices.
In 28173, we closed 145 units over the last 2½ months: 84 homes sold between $150,000 and $400,000. An additional 61 homes sold between $400,000 and $2,000,000.
Statistics of these sold properties indicate sales prices received were 93% of listed price; however, this does not tell the story of distressed property sales, prices accepted by lenders post foreclosure or seller price reductions while listed.
A sampling of these SOLD units show less than 2% gave no reductions during the listing period or priced them at correct market value right away. A sampling of homes sold $238,000-$399,000 during this period show total price reductions to original list price at an aggregate of $827,336 before buyers were motivated to submit an offer to purchase. This means sellers lowered prices an average of $43,000 per property.
Distressed properties continue to affect our market and are driving prices down. If you are deciding whether now is the right time to sell, now is the time for strategic planning.
14039 Hwy 74 E Suite A6-234 Indian Trail, NC 28079
Selling Your Home?
Buying or selling a home can be a complicated process, overwhelming sometimes for those not accustomed to the procedures involved. Don't go it alone. Engage the service of an informed Realtor® to protect your financial interests.
If you were to place a for sale sign in your front yard, do you have access to market data indicating what your best listing price should be and what sales price you could expect to receive?
Do you know the state regulations regarding the sale of real property in North Carolina?
Do you know what your expected closing costs would be and how to calculate them accurately?
Do you know how to properly prepare your home for viewings to ensure the best chance of finding a buyer?
Do you have a marketing plan that would guarantee market saturation for your home to give it maximum exposure?
Do you know how to qualify a buyer to confirm they are serious buyers?
Have you considered safety issues for you and your family?
Wouldn't you be better served with a dedicated representative watching for your best interests?
Waxhaw, NC 28173, suburb of Charlotte NC Metro Area lists homes for sale by price and number of days required to sale a home by neighborhood. Great information for those who wish to buy or sell a home in Waxhaw, NC. Also, spotlights on various neighborhoods for sales trends information.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Carolinas Home Place
Carolinas Home Place
A sampling of these SOLD units show less than 2% gave no reductions during the listing period or priced them at correct market value right away. A sampling of homes sold $238,000-$399,000 during this period show total price reductions to original list price at an aggregate of $827,336 before buyers were motivated to submit an offer to purchase. This means sellers lowered prices an average of $43,000 per property.
Carolinas Home Place
;)
;)
