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Fort Mill's Baxter Village Home Sale Prices Up 21.65% In Qtr 2-2022

By
Real Estate Agent with Coldwell Banker Realty 179530

Baxter Village Neighborhood in Fort Mill, SC 

Real Estate Report & Neighborhood Spotlight

Quarter 2 - 2022

 

Inventory remained thin in Baxter Village during Quarter 2 - 2022, resulting in higher home prices for both single family homes and townhomes. While days on market increased, the list to sale price ratios also increased year-over-year and quarter-over-quarter. Baxter Village home buyers clearly were prepared to pay a premium for a home in this neighborhood during the second quarter.

 

Baxter Village Single Family Homes

22 single family homes sold in Baxter Village in Quarter 2 - 2022, six fewer than in the same quarter one year ago. Baxter Village had 28 listings for sale in Quarter 2 - 2022, six fewer than in the same quarter one year ago. 

 

Average days on market, increased to 25 days from 16 days compared with the same quarter one year ago. Quarter-over-quarter average days on market increased 10 days.

 

Average sale price for single family homes in Baxter Village in the Second Quarter 2022 was $721,905, up 21.65% year-over-year. Median sale price was $707,000, up 22.96% year-over-year. Quarter-over-quarter, the median price of a home in Baxter Village rose $17,000. Home sale prices ranged from $455,000 to $1,050,000 during Quarter 2 - 2022.

 

On average, home sellers in Baxter Village received 103.1% of their asking price during the Second Quarter 2022 (up 0.9% over the previous quarter). Median list to sale price in Quarter 2 - 2022 was 102.7%.

 

At second quarter-end 2022, three homes were listed for sale in Baxter Village and five homes were under contract. For a community of some 1,400+ homes, inventory remains tight resulting in higher home prices and a higher list to sale price ratio.

 

Baxter Village in Fort Mill, SC Home Sales Update For Quarter 2-2022

 

 

Baxter Village Townhomes

Seven townhomes sold in Baxter Village during Quarter 2 - 2022, one fewer than in the same quarter one year ago and four more quarter-over-quarter. Baxter Village had four townhome listings for sale in Quarter2 - 2022, three fewer than in the same quarter one year ago, but seven more than in the most recent previous quarter.

 

Average days on market were 24 days; an increase of 21 days compared with the same quarter one year ago and an increase of 11 days quarter-over-quarter.

 

Average sale price for townhomes in Baxter Village in the Second Quarter 2022 was $433,929 up 31.16% year-over-year.  Median sale price was $425,000, up 27.82% year-over-year. Townhome sale prices ranged from $410,000 to $470,000 in the second quarter 2022.

 

On average, townhome sellers in Baxter Village received 106.4% of their asking price during the First Quarter 2022. This is a full one percent higher over Quarter 1 - 2022. Median list to sale price ratio was 106.8%.

 

At second quarter-end 2022, one townhome was listed for sale in Baxter Village and three townhomes were under contract. 

 

Baxter Village In Fort Mill, SC Townhome Sales Report For Quarter 2-2022

 

Detailed report 0n Baxter Village neighborhood home sales in  Quarter 2 - 2022

 

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

  

 

Why Is Baxter Village A Special Place To Live In Fort Mill?

Baxter Village In Fort MillAn award-winning development, Baxter Village is a master planned community, established in 2000, combining play spaces, work spaces, and living spaces.  Baxter Village homes exemplify classic Upcountry architecture to ensure a timeless aesthetic, lots of front porches, tree-lined streets coupled with a lifestyle that encourages close relationships between neighbors. Situated in the heart of Fort Mill and just a 15-20 minute drive from Charlotte, Baxter Village's location is ideal. 

 

Baxter Town CenterThe heart of Baxter Village is the Baxter Town Center on Market Street a pedestrian-centric area, featuring restaurants, exercise facilities, library, salons, clothing boutiques, coffee shops. 

 

Additional amenities include: miles of hiking trails, playgrounds, 500 acres of  parks and open spaces, tennis courts, 2 clubhouses, two community pools, a Village Hall, Plus a community elementary school, town library, and YMCA! Residents enjoy activities all year long, including the music in the park event, pool parties, and seasonal and holiday events. No doubt, Baxter Village offers the best of a "small town lifestyle" in the center of Fort Mill, one of the Charlotte metro area's fastest growing towns.

 

Baxter Village is a community with some 1400+ homes, including townhomes, single family homes, custom built homes in all sizes and price ranges. Home prices range from the $300,000's to over $1 million. Baxter Village is a perennial "hot neighborhood" in Fort Mill. Baxter Village has been a top selling neighborhood in Fort Mill for many years.

 

TOP RATED SCHOOLS IN FORT MILL, SC

SchoolsFamilies appreciate the top rated public schools serving Baxter Village residents. Did you know that Fort Mill is home to 8 out of 25 of the top rated public elementary schools in the Greater Charlotte area? 

 

Fort Mill is also home to 5 out out of the 20 top rated public middle schools in the Greater Charlotte area.

 

Both of Fort Mill's public high schools are ranked in the top 15 rated Greater Charlotte area high schools.

 

 

SEARCH ALL BAXTER VILLAGE HOMES FOR SALE 

 

WONDERING WHAT YOUR BAXTER VILLAGE HOME IS WORTH?

 

SEARCH ALL FORT MILL/TEGA CAY AREA HOMES FOR SALE 

 

FIND OUT WHAT YOUR FORT MILL AREA HOME IS WORTH IN TODAY'S MARKET

What's My Fort Mill Home Worth?

 

Nina Hollander/Carolinas Realty Partners with Coldwell Banker have been opening doors for Baxter Village and Fort Mill home buyers and sellers for 20+ years. If you're considering purchasing or selling a home in Baxter Village or in the Fort Mill area, I'd love an opportunity to earn your business, to exceed your expectations, and to 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
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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.

 

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Nina - I noted Wayne's comments.  The increases will start to slow.

Jul 13, 2022 07:06 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Grant Schneider hi Grant... I wouldn't disagree, but so far even in June the increases I've seen were quite surprising.

Jul 13, 2022 07:08 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina and thanks for sharing the figures with us again.  Hope you are having a great July!

 

Jul 13, 2022 07:27 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

I'm surprised to see that at Fort Mill's Baster Village the average days on the market increased some. But the number to care about more is the increase in the sales prices and that's great news!

Jul 13, 2022 07:29 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm thanks, Will, for popping by today. All I can say about July is that it's moving very quickly.

Jul 13, 2022 08:09 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... I was surprised, as well, but the median DOM are still very low and that's the number I like to follow as it smooths how the highs and lows.

Jul 13, 2022 08:10 AM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

It is looking like your market is holding up well.  We are up, year over year, in Elk Grove, but down about 3%, month over month, for median prices.  Thank you for your update.

Jul 13, 2022 12:36 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Nina- Baxter Village has always sounded interesting to me!!! What a wonderful report to share with buyers and sellers. 

Jul 13, 2022 12:42 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, even in Baxter Village, sellers are seeing over 20% price increases.   I should show that on my reports too.

Jul 13, 2022 12:57 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina these increases in home prices are great for Sellers, but unfortunately they are pricing some Buyers out of their affordability range.

Jul 13, 2022 01:08 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ray Henson hi Ray... many of our communities have a broad range of prices for homes... so it's hard sometimes to figure out if lower median price is based on a market change or on the price mix of homes listed/sold in a specific period of time.

Jul 13, 2022 02:39 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib hi Kathy... Baxter Village is a beautiful community... lovely architecture, very walkable, green and lush.

Jul 13, 2022 02:40 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... so far so good through the end of the second quarter. It will be interesting to see how the third quarter ends.

Jul 13, 2022 02:40 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... I'm afraid that communities like Baxter Village can no longer be considered "affordable" for many home buyers.

Jul 13, 2022 02:41 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

The Baxter Village Neighborhood in Fort Mill, SC has some very interesting data that I must ponder. It is a lot different than in my area Nina 🙂

Jul 13, 2022 04:28 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina yes the days will increase more and more. I should write a post what happened here in Los Angeles in the last thirty days. Foreboding of what will come to your areas, Endre

Jul 13, 2022 11:41 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Nina Hollander, Broker - Best wishes to buyers who buy! Best wishes to sellers who sell! But most of all, best wishes to you and everyone in your community!

Jul 14, 2022 05:26 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS good morning, Paul... not surprised to hear you say that. Real estate is very local, if not downright hyper-local.

Jul 14, 2022 05:40 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. hi Endre... the days on market vary greatly throughout the Charlotte region... in some cases they are substantially down. In others, they are somewhat up. There seems to be no rhyme or reason. And people are still paying over asking price to "snag" a home.

Jul 14, 2022 05:41 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Patricia Feager, MBA, CRS, GRI,MRP good morning, Patricia... how nice are you to send me those sweet wishes! Thank you so much. Wishing you a wonderful day ahead.

Jul 14, 2022 05:42 AM