2017 Home Sales Review For The Cureton Neighborhood In Waxhaw, North Carolina
The Cureton neighborhood in Charlotte metro area's Waxhaw continued to see brisk sales throughout 2017. Home prices increased by almost 10% from 2015 to 2016. They were lower in 2017 than in 2016. However, a lot of this can be attributed to the fact that there were fewer new construction sales in 2017 than in the two prior years. New construction sales are typically higher in average price point versus resale homes and thus impact average sales prices in any given year. And the more new homes that sell, the greater their impact on average sale prices. Namely,
In 2015 new construction sales totaled 10 with an average sale price of $536,798 (considerably higher than the overall average for the community). And in that year, one of the 10 homes sold at $1.2 million, not a figure we've seen since in Cureton.
In 2016 new construction sales totaled 11 with an average sale price of $605,391. The average price per square foot for new construction as about $15 more per square foot versus community sales as a whole.
- In 2017 new construction sales totaled only 3 with an average sale price of $654,135. But with so many fewer new homes sold, the impact on the community's average sales price appeared to be negative. And with the wide variety of homes and price ranges in Cureton, the mix of resale homes that is sold in any given year can also impact average sale figures. As of January 2018, only two new construction homes are available for sale, while one is in contract.
Cureton Home Sales Review: 2015 - 2017
Cureton Home Sales Summary: Year Ending 12/31/2017
Why Do People Choose To Live In Cureton in Waxhaw?
IT'S A GREAT NEIGHBORHOOD WITH SOMETHING FOR EVERYONE:
Waxhaw's Cureton neighborhood offers the country club lifestyle without the country club lifestyle cost. Cureton residents enjoy the use of a pool, baby pool, clubhouse, gym/exercise studio, bocce ball court, walking trails, and playground.
Cureton is made up of distinct neighborhoods connected by walking paths, ponds, bridges, and pocket parks plus lots of open green spaces throughout.
Cureton is an active community offering a book club, Zumba classes, poker and card game evenings, various social gatherings, and both a fall and spring festival.
One of the larger subdivisions in Waxhaw with over 500 homes, Cureton homes range in price from the mid-$200,000's to over $800,000. Homes range in size from about 2,000 square feet to 6,000+ square feet and feature three bedrooms up to 6+ bedrooms. In other words... something for everyone... from first time buyers to empty nesters to young families.
Cureton Pool & Clubhouse Cureton Clubhouse
While new homes are still being built in Cureton, the average age of homes in the community is 7 to 8 years, with homes built as early as 2005. Builders in the community included a mix of some of the Charlotte area's top builders: Meritage, Bonterra, Cunane, Ryan, MI Homes, Standard Pacific, Classica Homes. View all Cureton homes for sale here.
Top Rated Schools:
Cureton in Waxhaw, North Carolina is served by some of the most highly rated public schools in Charlotte metro area's Union County, including the high demand Kensington Elementary School, Cuthbertson Middle School, and Cuthbertson High School.
Cureton is close to the historic town of Waxhaw and the Cureton Shopping Center. It is also located just 15 minutes from the heart of Charlotte's trendy and popular Ballantyne area which features two large outdoor shopping centers (Blakeney and Stonecrest) including grocery shopping, high-end boutiques, spas, casual and fine dining restaurants, movie theatres, etc. Ballantyne Village, the world-class Ballantyne Resort and Spa, the BallantyneGolf Course are all also easily accessible from Cureton.
Cureton provides easy access to the Ballantyne Corporate Park, South Park, I-485, Matthews, Indian Land, Charlotte-Douglas Airport.
Photos of Cureton courtesy of Classica Homes
This information about Charlotte metro area's Cureton neighborhood in Waxhaw, North Carolina is brought to you courtesy of Nina Hollander and Carolinas Realty Partners, RE/MAX Executive, your Charlotte metro area real estate consultants.
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