Weddington Chase List To Sale Price Ratio 103+% in Quarter 3
Weddington Chase average and median home sale prices increased 12% and 16%, respectively, in Quarter 3-2023 compared with the same quarter one year ago. Sale prices were flat compared with the Second Quarter 2023. Days on market decreased 25% year-over-year to nine days compared with Quarter 3-2022. Home sellers realized 103+% in list to sale price ratio, which was 2% higher than in the Third Quarter one year ago.
One home sold in Weddington Chase in Quarter 1 - 2023. The home had been on the market for 135 days and sold at $880,000 (93% list to sale price ratio). Just one home was listed for sale in Quarter 1 -2023. Asking price was $975,000 and went under contract in one day. At quarter-end, no homes were listed for sale. As the chart below shows, median home sale prices in Weddington Chase continue to increase.
MEDIAN SALE PRICE TRENDS FOR HOMES IN WEDDINGTON CHASE (12 Month Rolling Average)
Chase saw a definite softening in its home sales numbers in the Fourth Quarter 2022, both year-over-year and quarter-over-quarter. In the Fourth Quarter only average sale prices improved slightly (+2%) compared with the same quarter one year ago. Median sale prices, the list to sale price ratio, and average days on market all showed a negative trend. Compared with the Third Quarter 2022, the Fourth Quarter also had a negative shift, with both average and median home sale prices lower, list to sale price ratio down about 3.5%. and days on market … (22 comments)
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)
Weddington Chase Neighborhood in Marvin, NC
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