Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) included the following in August 2023: Closed home sales decreased in August. By the same token, closed sales in August were at their third highest level since September 2023. The list to sale price ratio still at over 100% at 100.81%. Median sale price declined from July, but was equal to the median sale price in August one year ago. (14 comments)
Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) included the following in March 2023: Closed home sales increased 40% month-over-month after posting the lowest closed sales figures in three years in February 2023. The list to sale price ratio increased month-over-month as did the median home price. Average sale price also increased month-over-month. Average days on market decreased 21 days from February 2023, while increasing year-over-year.
The Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) saw continued significant declines in inventory, declines in pending and closed sales, declines in new listings, declines in days on market in February 2022 versus February 2021. The only thing that increased were home prices, which surged almost 50% year-over-year. Lack of inventory is greatly impacting closed sales volume and home prices in the 28173 zip code.
Latest news on the Waxhaw | Weddington | Marvin real estate markets in September 2021 and 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 declines in inventory, declines in pending and closed sales, declines in new listings, declines in days on market in September 2021 versus September 2020. The only thing that increased were home prices, which increased over 21% year-over-year.
Average days on market decreased 24 (down 63.2%) days to 14 days year-over-year. Median days on market were 3 days in (26 comments)
Latest news on the Waxhaw | Weddington | Marvin real estate markets in August 2021 and 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, Weddington and Marvin) continued to see tight inventory (dropping 57.6% year-over-year) in August 2021, accompanied by a drop in new listings of 20.2%.
Average days on market decreased 24 days (down 63.2%) to 14 days year-over-year. Median days on market were 3 days in August, down 8 days year-over-year and down 20 days from two years ago.
Continued tight inventory and a months (32 comments)
Latest news on the Waxhaw | Weddington | Marvin real estate markets in July 2021 and 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) continued to see tight inventory (dropping 66.3% year-over-year) in July 2021, accompanied by a drop in new listings of 18.0%, as well. This resulted in home prices increasing 38.1% year-over-year. (And that's after a 26.9% increase in June 2021.)
Average days on market saw a drop of 72,5%, decreasing 37 days to 14 days year-over-year. Average days on market (36 comments)
SOLD & CLOSED IN WEDDINGTON CHASE IN WAXHAW 2309 HIGHLAND FOREST DRIVE
2309 Highland Forest Drive in Weddington Chase is now a closed sale at a final sale price of $885,000. We were delighted to represent our buyer who is moving to the Charlotte region from Connecticut and welcome her family to the Queen City and wish them many happy years in their new home.
The transitional-style home built by John Wieland's Colonnade Custom Homes Division in 2004 is situated on a cul-de-sac street on .40 lush, fenced acres. The 3-story, all-brick home with just over 5,500 square feet features 6 bedrooms, 5.5 bathrooms, (26 comments)
Latest news on the Waxhaw | Weddington | Marvin real estate markets in May 2021 and 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) continued to see tight inventory (dropping almost 75% year-over-year) in May 2021 along with a drop in new listings, as well. The lack of inventory resulted in lackluster closed and pending sales in May 2021.
Average days on market decreased 17 days to 25 days year-over-year. Median days on market were 3 days in May, down 7 days year-over-year (28 comments)
Latest news on the Waxhaw area (28173 zip code) real estate market in April and 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) continued to see tight inventory (dropping 70.5% year-over-year) in April 2021, despite an increase in new listings of 32.6%.
The Waxhaw area's housing market has essentially bounced back after last year's pandemic lockdowns which put our housing market on pause.
Average days on market decreased 15 days to 29 days year-over-year. Median days on market were 3 days in March, (18 comments)
Latest news on the Waxhaw area (28173 zip code) real estate market in February and what it means for you...
The Waxhaw area of the Charlotte, North Carolina metro area (28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 70.6% year-over-year) in February 2021, coupled with a 22.4% decrease in new listings year-over-year.
Average days on market decreased 11 days to 68 days year-over-year. Median days on market were 26 days in February, down 14 days year-over-year. New construction in Waxhaw keeps the average days on market seemingly high.
Continued tight inventory and a months (5 comments)
Latest news on the Waxhaw area (28173 zip code) real estate market in January and what it means for you...
The Waxhaw area of the Charlotte, North Carolina metro area (28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) was very much a home seller's market in January 2021 with tight inventory (dropping 62.9% year-over-year), coupled with an 11.5% decrease in new listings year-over-year.
Average days on market decreased 14 days to 49 days year-over-year. Median days on market were 7 days in January, down 45 days year-over-year. New construction in Waxhaw keeps the average days on market seemingly high.
Waxhaw area (28173 zip code) real estate report for February 2020. The Waxhaw area of the Charlotte, North Carolina metro area (28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 30% year-over-year). New listings also dropped 6% year-over-year in February.
Average days on market increased 11 days to 81 days year-over-year. Median days on market were 41 days in February 2020.
Continued tight inventory and a months supply of (12 comments)
The Waxhaw area of the Charlotte, North Carolina metro area (28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see razor-thin, tight inventory (dropping 26.2% year-over-year). New listings also dropped 19.3% year-over-year in January.
Average days on market decreased 9 days to 63 days year-over-year. Median days on market were 53 days in January 2020.
Continued tight inventory and a months supply of homes of 2.8 months ( a 1.2 month's drop from 4 (18 comments)
Waxhaw area (28173 zip code) real estate report/snapshot for December 2019. The Waxhaw area of the Charlotte, North Carolina metro area (28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 21.7% year-over-year).
Despite an 8.1% increase in new listings in the Waxhaw area, new construction inventory, which has long been a "staple" for Waxhaw area home sales, plummeted 49.7% year-over-year. Resale inventory also dropped significantly (17.8%) year-over-year. This (12 comments)
Waxhaw (28173 zip code) real estate report/snapshot for November 2019. The Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 20.9% year-over-year) as well as a decrease of 8.1% in new listings.
New construction inventory, which has long been a "staple" for Waxhaw area home sales plummeted 47.1% year-over-year. Resale inventory also dropped significantly (20.2%) year-over-year. Average days on market were flat year-over-year (16 comments)
Waxhaw (28173 zip code) real estate report/snapshot for September 2019. The Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 21.9% year-over-year) despite an increase of 16.4% in new listings.
New construction inventory, which has long been a "staple" for the Waxhaw area home sales plummeted 42.2% year-over-year. Resale inventory also dropped significantly (23%) year-over-year. Lower inventory, especially in new construction, (16 comments)
marvin homes for sale: What Happened In Waxhaw's (28173 Zip Code) Real Estate In July 2019?
- 08/11/19 07:13 AM
Waxhaw | Weddington | Marvin (28173 Zip Code) Housing Market Snapshot: July 2019 Waxhaw (28173 zip code) real estate report/snapshot for July 2019. The Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 24.5% year-over-year) and a continued decrease (down 3%) in new listings year-over-year. New construction inventory, which has been a "staple" for the Waxhaw area plummeted 51.1% year-over-year. With continued tight inventory and fewer new listings, Waxhaw area remains a seller’s market. Lack of inventory has driven up home prices — 8.1% for resale home (10 comments)
How Hot Is Your Waxhaw Area Neighborhood? Is your Waxhaw | Weddington | Marvin neighborhood a "hot 'hood?" Check out the list below of 81 Waxhaw area neighborhoods for 12-month sales trends as of June 2019. This list provides information on how many home sold in each of these 81 neigborhoods in the past year, how many are currently on market, how many months of inventory in each neighborhood, the average sold price, and the average discount to asking price.
FIND OUT MORE ABOUT THE WAXHAW | WEDDINGTON | MARVIN AREAS AND WHY PEOPLE LOVE LIVING THERE Did You Know... Weddington is ranked as the 4th best suburb to live in in Charlotte (18 comments)