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 October 2023: Closed home sales increased from September 2023, but declined year-over-year. The list to sale price ratio was just under 100% at 99.1%, limited the ability of homes buyers to negotiate on price. Median sale price declined from September, but increased 6.65% compared with October 2022. Average sale price declined both month-over-month and year-over-year. Average days on market decreased to (12 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 a 2.5% increase in average home prices and a 6.5% increase in median home prices, year-over-year. Home sale prices also increased month-over-month. Median home prices in Weddington and Marvin, which had exceeded $1 million in the prior four months, dropped below $1 million in November, but rebounded back to over $1 million in Weddington in December.
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 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.