Median Sale Price Up 21.6% Year-Over-Year Average Sale Price Up 14.43% Year-Over-Year
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 November 2023: Closed home sales declined both month-over-month and year-over-year. The list to sale price ratio was just under 100% at 99.19%, limited the ability of home buyers to negotiate on price and remained unchanged both month-over-month and year-over-year. Median sale price unchanged from the prior month, but increased almost 22% compared … (18 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 January 2023: Both average and median home sale prices decreased year-over-year and month-over-month. The list to sale price ratio held its own month-over-month, but decreased year-over-year. Average days on market decreased by one day from December 2022, but almost doubled compared with January 2022. Closed sales in January 2023 were at the lowest level in … (22 comments)
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 significant increase in home prices, year-over-year. Median home prices in Weddington and Marvin exceeded $1 million in August 2022, as they did in the prior month. Average days on market increased year-over-year and month-over-month. The list to sale ratio was down year-over-year and month-over-month.
It's clear that the Waxhaw area market is cooling down compared with the "feeding frenzy" … (26 comments)
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 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)
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)
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 extremely tight inventory (dropping 74.3% year-over-year) in March 2021, coupled with a 30.1% decrease in new listings year-over-year.
Average days on market decreased 17 days to 42 days year-over-year. Days on market also decreased 26 days versus February 2021. Median days on market were 4 days in March, down 8 days year-over-year and down 22 days month-over-month.
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.
Latest news on the Waxhaw area (28173 zip code) real estate market in September 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 50% year-over-year) in September 2020, despite an increase of 4.3% in new listings year-over-year.
Average days on market increased 5 days to 50 days year-over-year. Median days on market were 14 days in September, up 2 days year-over-year. It should be noted that the increase in median and average days on market stems from new … (8 comments)
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)
Waxhaw (28173 zip code) real estate report/snapshot for October 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 22.6% year-over-year) despite an increase of 23.8% in new listings.
New construction inventory, which has long been a "staple" for the Waxhaw area home sales plummeted 45.5% year-over-year. Resale inventory also dropped significantly (23.3%) year-over-year. Lower inventory, especially in new construction, … (16 comments)
waxhaw area housing market update: What Happened In Waxhaw Area's (28173) Housing Market In April 2019?
- 05/12/19 12:50 PM
Waxhaw | Weddington | Marvin Housing Market At A Glance: April 2019The 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 and a continued decrease in new listings year-over-year, impacting closed sales negatively. On the positive side, pending sales improved by double digits compared with the same time period one year ago.
CLICK HERE FOR MORE INFORMATION + VIDEO ABOUT THE WAXHAW AREA HOUSING MARKET'S PERFORMANCE IN APRIL 2019
FIND OUT MORE ABOUT THE WAXHAW | WEDDINGTON | MARVIN AREAS AND WHY PEOPLE LOVE LIVING THERE THE 13 HOTTEST SELLING NEIGHBORHOODS … (16 comments)
waxhaw area housing market update: Waxhaw/Weddington/Marvin Housing Market At A Glance: March 2019
- 04/09/19 03:07 PM
Waxhaw | Weddington | Marvin Housing Market At A Glance: March 2019Waxhaw area housing market update for March 2019. The Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington in Union County) continued to see tight inventory coupled with a double digit decrease in new listings year-over-year, impacting sales negatively. On the positive side, pending sales improved by double digits compared with the same time period one year ago. Days on market, both average (also down by double digits) and median, were lower compared with March 2018.
CLICK HERE FOR MORE … (4 comments)
waxhaw area housing market update: This Month In Real Estate: Waxhaw, NC (28173 Zip Code) - January 2019
- 02/10/19 10:36 AM
Waxhaw | Weddington | Marvin Housing Market Update: January 2019 January home sales in 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 change in the trends we were seeing in 2018 with both home prices and price per square foot decreasing in January 2019, while new listings increased by 50.8% after decreasing by double digits in December 2018. Nonetheless, housing inventory remains low, especially in affordable homes. With pending sales increasing by 21.6% in January 2019, it remains to be seen if this is the start of … (14 comments)
waxhaw area housing market update: Waxhaw/Weddington/Marvin, NC (28173) Housing Market Update: April 2018
- 05/04/18 12:53 PM
April 2018 home sales in the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code--encompassing the three towns of Waxhaw, Marvin and Weddington)--continued the trends of the new year to-date on a strong note with closed and pending sales up, and average days on market down. New construction sales remain a driving force in the Waxhaw area market.
The average sale price of Waxhaw area homes was just under $439,000.
Average days on market for property listings dropped by 5 days to 63 days, a 7.4% improvement over the same period last year. Median days on market were 27..
Average price per square foot increased by 1.6% to … (14 comments)
waxhaw area housing market update: What Happened In Charlotte Area's Waxhaw Housing Market In Feb 2018?
- 03/06/18 05:24 AM
February 2018 home sales in the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code--encompassing the three towns of Waxhaw, Marvin and Weddington)--continued the new year on a strong note with closed and pending sales up, and days on market down. New construction sales remain a driving force in the Waxhaw area market.
The average sale price of Waxhaw area homes was just over $437,000.
Average days on market for property listings dropped by 3 days to 63 days, a 4.5% improvement over the same period last year. Median days on market were 29.
Average price per square foot increased by 1.6% to $129/square foot during February 2018 versus … (20 comments)
September 2017 home sales in the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code--encompassing the three towns of Waxhaw, Marvin and Weddington)--continued on the strong path we've seen year-to-date with home prices up, closed and pending sales up, and days on market down. New construction sales remain a driving force in the Waxhaw area market.
The average sale price of Waxhaw area homes increased in September 2017 by 3.3% to just over $443,000 versus September 2016.
Average days on market for property listings dropped by 3 days to 65 days, a 4.4% improvement over the same period last year. Median days on market also … (20 comments)
LATEST NEWS ON THE WAXHAW AREA HOUSING MARKET...
;)
;)
;)
