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Median Home Prices Up 40.96% In Waxhaw's Lawson Neighborhood: Q1-2022

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Real Estate Agent with Coldwell Banker Realty 179530

Lawson Neighborhood in Waxhaw, NC

Real Estate Report & Neighborhood Spotlight

Quarter 1 - 2022

 

12 homes sold in Lawson during Quarter 1 - 2022, four more than in the same quarter one year ago. New listings increased by four year-over-year to 14. Both listing and sale prices were up significantly year-over-year in Lawson.

 

Lawson Home Sales Snapshot: Quarter 1 - 2022

Lawson Neighborhood In Waxhaw, NC Real Estate Snapshot For Quarter 1-2022

 

Average days on market increased to 28 days from seven days compared with the same quarter one year ago. This was not a reflection of a slowdown in Lawson sales, overall. One home took 98 days to sell and another took 28 days to sell, which skewed the days on market negatively. Taking these two homes out of the mix took the average days on market down to just one day. Median days on market were just one day. As a result, home sellers received an average of 104.1% of their asking price during the first quarter 2022. Only one home out of the 12 that sold received less than 100% of asking price in final sale price during the First Quarter 2022.

 

Median list and sale prices for Lawson homes increased in Quarter 1 - 2022 versus 2021, as did average and median listing prices. Average sale prices in the first quarter increased 26.7% to $582,125 year-over-year.  Median sale price in the first quarter was $614,250, an increase of 40.96% year-over-year. Median sale price also increased quarter-over-quarter by $28,000. Home sale prices in the first quarter ranged from a low of $322,000 to a high of $735,000.

 

At first quarter-end 2022, NO homes were listed for sale in Lawson and two homes were under contract. For a community of some 600+ homes, inventory is razor-thin.

 

Detailed report on Lawson neighborhood home sales in Quarter 1 - 2022

 

 To track sales in Lawson "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Lawson home sales.

  

 

WHY IS LAWSON A PERENNIAL FAVORITE WAXHAW NEIGHBORHOOD FOR MORE THAN A DECADE? 

 

Lawson Neighborhood In Charlotte Area's WaxhawOne of Waxhaw, North Carolina's most desired and perennially favorite communities since 2006, Lawson is an idyllic neighborhood set on 558 picturesque acres with tree-lined streets and miles of scenic nature/walking trails.
 
More than one-third of the community's acreage has been devoted to common land, including the preservation of the magnificent 150 year old Heritage oak tree. The community was named after the 18th century, naturalist, John Lawson and was built as a tree-save community.
 
 
Community amenities include the Millhouse/Clubhouse, swim complex, tennis courts, kids' playground, fitness center. All the fun of a country club lifestyle without the country club lifestyle cost.
 
 
 
Cane Creek Park is close-by, featuring camping areas, a 300 acre lake for swimming, fishing, canoeing, and trails for biking and horseback riding. Also nearby is The Carolina Thread Trail, a regional network of green ways, trails, and blue ways with a new cross-state suspension bridge connecting the Twelve Mile Greenway in Waxhaw, NC with the Twelve Mile Creek Trail in Lancaster, SC offering four continuous miles of pathways to walk and explore.
 
 
Love to golf? There are some 30 golf courses to choose from within 10 miles of Lawson. 

 
The charming, historic town of Waxhaw, which is on the National Register of Historic Places,  is minutes away and offers quaint shops, restaurants, a farmer's market, and lots of community activities throughout the year. 
 
 
Lawson's location provides easy access to Charlotte's best shopping, dining, and entertainment options, medical services, primary local roads and I-485, as well as to some of Union County's highest rated public schools.
 
 
Is it any wonder Lawson has been one of Waxhaw area's most in-demand neighborhoods for over 10 years?

 

What Style of Homes Will You Find In Lawson?

One of the larger subdivisions in Waxhaw with 600+ homes, Lawson homes range in price from the $300,000's to over $800,000. Homes range in size from about 1,700 square feet to 5,000+ square feet and feature three bedrooms up to six plus bedrooms. Homes are primarily two-story, but there are also 1-1/2 story homes and three story homes, as well as homes with walk-out basements. All homes feature two or three car attached garages and are situated on lots averaging 1/4-1/3 of an acre, although there are homes home considerably larger lots, as well.

 

Lawson builders included Mattamy, Lennar, Shea Homes, Orleans, Ryland, St. Lawrence, and Pulte, providing a wide variety of home styles. In other words... something for everyone... from first time buyers to empty-nesters to young families, to move-up home buyers looking for luxury homes.

 

The average age of  homes in the community is approximately 6-8 years, with homes built as early as 2005. View all Lawson homes for sale here.

 

Where Is Lawson Located In Waxhaw?

The Lawson neighborhood is located off of Cuthbertson Road close to Cureton, another high-demand neighborhood in this part of Waxhaw. Two more perennially popular neighborhoods are also minutes away: Quellin, just up the road, across Hwy 16, while Millbridge is minutes away across Kensington Parkway.

 

Map Location of Lawson Community In Waxhaw NC
 

Lawson One of 12 Hot Waxhaw Neighborhoods 

Hottest Selling Waxhaw NC Neighborhoods

 

Top Rated Union County Schools:

 

Lawson in Waxhaw School AssignmentsLawson in Waxhaw, North Carolina is served by some of the most highly rated public schools in Charlotte metro area's Union County, including the high demand New Town Elementary School, Cuthbertson Middle School, and Cuthbertson High School.  Some Lawson elementary school children are assigned to the Waxhaw Elementary School. Check with Union County Public Schools for all the most current school assignments.

  

Schools serving Lawson families are part of the Union County Public School District, ranked the 3rd best in North Carolina. Cuthbertson High School is ranked #11 out of the top 25 public high schools in the Charlotte region. Cuthbertson Middle School is ranked in the top 25 Charlotte middle schools at #15. Newtown Elementary School ranks #8 as a top elementary school in Union County.

 

Prime Waxhaw Location:

 

Lawson is close to the historic town of Waxhaw and the Cureton Shopping Center. It is also located some 15 minutes from the heart of Charlotte's upscale Ballantyne area which features two large outdoor shopping centers (Blakeney and Stonecrest) including grocery shopping, high-end boutiques, spas, casual and fine dining restaurants, movie theatres, etc.  Ballantyne Village, the world-class Ballantyne Resort and Spa are all also easily accessible from Lawson. Lawson provides easy access to the Ballantyne Corporate Park, South Park, I-485, Matthews, Indian Land, Charlotte-Douglas Airport.

 

All of life's daily conveniences are close to Lawson. And if you love the great outdoors, 30 golf courses, 10 parks plus a dog park, and three hiking trails are within 10 miles of the neighborhood.

 

Lawson in Waxhaw NC convenient to all of life's necessities      Lawson in Waxhaw NC close to parks and golf

          

                                                               

SEARCH ALL LAWSON HOMES FOR SALE 

 

WONDERING WHAT YOUR LAWSON HOME IS WORTH IN TODAY'S MARKET?

 

Find out what your home is worth

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE

 

 SEARCH ALL WAXHAW, NC AREA HOMES FOR SALE

 

If you're considering selling your Lawson or Waxhaw/Charlotte area home, contact Nina Hollander/Carolinas Realty Partners with Coldwell Banker Realty.  Let's get together and discuss the supply conditions in your neighborhood and how we can assist you in gaining access to the buyers who are ready, willing and able to buy now.

 

Let us also show you why experience matters and how:

"The Right Broker Makes All The Difference"

 

Great Homes In Charlotte

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

Wow....oh to have a house to sell and not have a need to buy one. I don't envy buyers right now.

Apr 27, 2022 09:19 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sharon Tara hi Sharon... so, so hard for buyers right now. And it's keeping a lot of homeowners from listing.

Apr 27, 2022 09:21 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, just crazy numbers, and they don't stop.    Luckily buyers are still on the hunt!

Apr 27, 2022 09:25 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... the numbers are totally crazy! Hard to think about what comes next!

Apr 27, 2022 10:14 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Wow Nina Hollander, Broker  nice report on waxshaw  properties are going up aren't they 

Apr 27, 2022 11:02 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hannah Williams thanks, Hannah... these price increases are just beyond, if you ask me.

Apr 27, 2022 12:15 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Nina= that drone footage sold me!!!!  My niece and her husband would love to sell but as you know...there's nowhere to go!

Apr 27, 2022 12:47 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina every time I thing home values are leveling out, the market proves me wrong, and they go higher and higher.

Apr 27, 2022 01:01 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib hi Kathy... there's always somewhere to go. The problem is that finding that somewhere will take a lot longer these days than selling what you have. :)

Apr 27, 2022 01:27 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... those home prices keep going higher and higher because inventory keeps getting smaller and smaller!

Apr 27, 2022 01:28 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Nina:

Great overview of the Lawson community and the housing market. Those price changes are amazing. There sure aren't too many opportunities to get into this community, are there?!

Good point about the time on market being skewed by a couple of outliers. We see the same thing often.

Jeff

Apr 27, 2022 01:39 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeff Dowler, CRS thanks, Jeff. When there aren't a lot of homes for sale, it's really important to look "behind" the numbers when it comes to days on market and prices. Right now, there aren't a lot of opportunities to purchase in any of Waxhaw's top neighborhoods.

Apr 27, 2022 02:03 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

That is certainly quite the increase - 40% in just one year

Apr 27, 2022 02:46 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina, I will have to do a market report... enjoy yours times are changing....Endre

Apr 27, 2022 10:31 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Rocky Dickerson hi Rocky... just one word for price appreciation like that, if you ask me, C-R-A-Z-Y!

Apr 28, 2022 04:26 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. hi Endre... I'm an equal opportunity market report writer... whether the market is good, bad, or indifferent... I'm there to help explain it.

Apr 28, 2022 04:27 AM