Millbridge home sales remained robust throughout 2022 with both average and median sale prices increasing for the year ended December 31, 2022. What softening we saw in 2022 was a 1% decrease in the list to sales price ratio and an increase in average days on market to 17 days. Home sales were down 30%, but much of that is attributable to the fact that new construction has wound down considerably since 2021 as the neighborhood nears completion.
Much of the softening we saw in the Millbridge market not surprisingly came about in Quarter … (26 comments)
As the Millbridge Real Estate Snapshot below shows, both median home listing and sale prices increased significantly during the 3rd Quarter 2021 compared with the same quarter one year ago. Average home sale price was $492,307, which was also some $54,000 higher than in the 2nd Quarter 2021. Median sale prices of Millbridge homes averaged 100.3% of asking price in the third quarter 2021. Median home sale price was $471,117 during Quarter 3 -2021.
Average home listing prices also increased in the 3rd Quarter 2021 compared with the same quarter … (22 comments)
As the Millbridge Real Estate Snapshot below shows, both median home listing and sale prices increased during the 2nd Quarter 2021 compared with the same quarter one year ago. Median home sale price was $438,070. Median sale prices of Millbridge homes averaged 100.9% of asking price in the second quarter 2021. If you look at median home sale prices for resale homes only, the sale price is much higher at $490,000 with sellers receiving 105.3% of list price in final sale price.
Average home listing and sale prices also … (14 comments)
As the Millbridge Real Estate Snapshot below shows, median home listing and sale prices ($393,382) increased during the 1st Quarter 2021 compared with the same quarter one year ago. Median home sale prices were also some $20,000 higher than in the most recent quarter ended December 31. 2020. Median sale prices of Millbridge homes averaged 100% of asking price in the first quarter 2021.
Average home sale prices ($408,610) also increased in the 1st Quarter 2021 compared with the same quarter one year ago. Average sale prices increased … (19 comments)
As the Millbridge Real Estate Snapshot below shows, median home listing and sale prices ($361,622) increased during the 1st Quarter 2020. Average home sale prices ($383,899, about $20,000 higher than in the most recent quarter of 2019) also increased in the 1st quarter 2020 compared with the same quarter one year ago. Sale prices of Millbridge homes were 98.88% of asking price.
86 homes sold in quarter one, 5 more homes than during the same quarter last year. New listings were up 6.17% in the first quarter of 2020, year-over-year.
As the Millbridge Real Estate Snapshot below shows, median home listing and sale prices ($358,873) increased during the 4th Quarter 2019. Average home sale prices ($364,464) were down slightly, but this is more reflective of the price mix of homes sold than of a dimunition in home values in Millbridge.
70 homes sold in quarter four, 11 more homes than during the same quarter last year. Approximately 82.5% of the sales were new construction. New listings were flat.
Averge days on market were down by one day at 86 days versus the same quarter one … (8 comments)
As the Millbridge Real Estate Snapshot below shows, average home listing and sale prices increased during the 3rd Quarter 2019. 82 homes sold in this quarter, 31 more homes than during the same quarter last year. New listings also increased year over year, much of it new construction. Averge days on market were down by one day at 68 days versus the same quarter one year ago. Sale prices of Millbridge homes were at 99% of asking price, Months supply of invenotry was 2.5 months... much of it new … (18 comments)
millbridge: Millbridge Fall Festival In Waxhaw: Saturday, October 5. You're Invited
- 09/22/19 02:25 PM
Fall Festival 2019 In Waxhaw's Millbridge Community Milbridge Fall Festival 2019 returns this Saturday, October 5th. The Millbridge Fall Festival has become a highly anticipated event in Waxhaw since the first one nine years ago. So mark you calendars now.
Entrance to the Fall Festival is free, but tickets for games and activities will be $1 each (cash only). The festival will be held from 11:00 am till 2:00 pm and will feature an entire slew of events, including:
Axe Throwing Petting Zoo Kids Costume Contest Food Trucks and Vendors Spider Bungee Jump Horseshoes Corn Hole Tournament Giant Chess DJ Rock Climbing Carousel Pumpkin Painting Hay Rides Face Painting Henna Tattoos Caricature Artist Dress up Photo Booth
MillBridge, a 900 acre residential, master- planned community in Waxhaw, North Carolina in the Charlotte region, was named a Top 50 2019 Top-Selling Master-Planned Community by RCLCO Real Estate Advisors in July. Annually since 1994, RCLCO conducts a national survey that identifies the top-selling master-planned communities in each state. The ranking of 2019's Mid-Year Top-Selling Master-Planned Communities was based on total net new home sales as reported by each community. To be considered, master-planned communities must offer features that include "development from a comprehensive plan by a master developer, incorporation of a variety of … (20 comments)
As the Millbridge Real Estate Snapshot below shows, both sales and list prices of homes in Millbridge were up during the 2nd quarter of 2019 compared with the 2nd quarter of 2018. New listings are up slightly year-over-year, as are the number of closed sales. Average days on market have also increased over the second quarter of 2019, but it should be noted that a big portion of sales in Millbridge is new construction where it's expected that days on market will be longer. As of June, average days on … (14 comments)
For a more detailed report about Millbridge neighborhood home sales in the 1st Quater 2019 click here.
WHAT MAKES WAXHAW'S MILLBRIDGE ONE OF CHARLOTTE METRO AREA'S MOST DESIRED COMMUNITIES? It's All About The Lifestyle In Millbridge! Named Community of the Year in 2016 and again in 2019, Millbridge is one of Waxhaw, North Carolina's most desired master-planned communities with top rated schools, Millbridge is an idyllic neighborhood set on 920 picturesque acres with tree-lined sidewalks, pocket parks, common squares, green way systems and trails, 250 acres of green space. The Carolina Thread Trail, … (27 comments)
millbridge: Millbridge In Waxhaw: One Of Charlotte Area's Most Desired Communities
- 08/18/18 08:10 AM
WHY IS WAXHAW'S MILLBRIDGE ONE OF CHARLOTTE METRO AREA'S MOST DESIRED COMMUNITIES? It's All About The Lifestyle In Millbridge! Named 2016 Community of the Year and one of Waxhaw, North Carolina's most desired communities with top rated schools, Millbridge is an idyllic neighborhood set on 920 picturesque acres with tree-lined sidewalks, pocket parks, common squares, green way systems and trails, 250 acres of green space. The Carolina Thread Trail, a regional network of green ways, trails, and blue ways also runs through Millbridge and with a new cross-state suspension bridge connecting the Twelve Mile Greek Greenway in Waxhaw, NC with the Twelve … (34 comments)
Charlotte metro area's Waxhaw/Weddington/Marvin areas remain hot with buyer demand exceeding supply of homes. Eight neighborhoods in the Waxhaw area were particularly hot in 2017 and should be watched carefully in 2018 for continued demand. Excellent schools, lower property taxes, communities with resort-style amenities, historic downtown Waxhaw all contibuted to the high demand for Waxhaw area homes. Demand for Waxhaw area homes helps make Union County the fastest growing county in North Carolina, as well.
MILLBRIDGE
Number of homes sold in 2017: 165 Average year built: 2016 Average listing price: $372,291 Average selling price: $365,591 Median selling price: $364,400 Least expensive … (6 comments)
millbridge: Millbridge Neighborhood In Waxhaw, NC Home Sales Review: 2015 - 2017
- 01/24/18 08:13 AM
A record number of homes sold in the Millbridge community in Waxhaw, North Carolina in 2017 with a total of 164 homes sold and closed. 98 of these homes were new construction homes, whose average sale price was about $10,000 more per home than for a resale home.
The 164 homes sold in Millbridge in 2017 were almost twice the number of homes sold in 2016, which saw 89 home sales, 56 of which were new construction homes selling at about a $26,000 premium, on average versus resale homes.
Comparing 2017 and 2016 sales to those in 2015, it's clear that new construction … (2 comments)
Built in 2013 with many custom finishes, this full brick, 3,565 square foot home with 5 bedrooms/4 bathrooms was move-in ready. The home featured an open floor plan ideal for casual living, as well as larger gatherings and more formal entertaining. The rocking chair front porch and lush landscaping provide exceptional curb appeal. The home's location in Millbridge, one of Waxhaw's most desired communities, and in … (34 comments)
Built in 2013 with many custom finishes, this full brick, 3,565 square foot home with 5 bedrooms/4 bathrooms is move-in ready. The home features an open floor plan ideal for casual living, as well as larger gatherings and more formal entertaining. The rocking chair front porch and lush landscaping provide exceptional curb appeal. The home's location in Millbridge, one of Waxhaw's most desired communities, and in one of Union County's top-rated public school districts are an extra … (36 comments)
millbridge: Millbridge In Waxhaw, NC: What Makes It One Of The Most Desired Communities In The Charlotte Area?
- 06/26/17 09:44 AM
WHAT MAKES MILLBRIDGE ONE OF CHARLOTTE METRO AREA'S MOST DESIRED COMMUNITIES? It's All About The Lifestyle In Millbridge! Named 2016 Community of the Year and one of Waxhaw, North Carolina's most desired communities with top rated schools, Millbridge is an idyllic neighborhood set on 920 picturesque acres with tree-lined sidewalks, pocket parks, common squares, green way systems and trails, 250 acres of green space. The Carolina Thread Trail, a regional network of green ways, trails, and blue ways also runs through Millbridge and with a new cross-state suspension bridge connecting the Twelve Mile Greek Greenway in Waxhaw, NC with the Twelve … (26 comments)
Millbridge in Waxhaw, NC
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