2019 Community Of The Year, Millbridge in Waxhaw, NC
Real Estate Report & Community Spotlight
4th Quarter 2019
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 year ago. Sale prices of Millbridge homes were at 98.61% of asking price.
Months supply of invenotry was 2.5 months... much of it new construction from DR Horton and Lennar Homes (who opened a new section in Millbridge during the third quarter).
At year-end 2019, 22 homes were actively listed for sale, all but three of them new construction.
Millbridge Home Sales Highlights: Q4-2019 versus Q4-2018
WHY IS 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, 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 Mile Creek Trail in Lancaster, SC there are now four continuous miles of pathway to walk and explore.
The $6 million, 9,000 square foot Community House is a state-of-the-art facility with outdoor fireplace, fitness center, cafe with coffee bar and baked goods, movie theatre, catering kitchen and more. The Community House offers lectures, movies, workshops and tutoring, as well as a free book-swap program, library and kids' corner with video games and foosball table. The full-time Lifestyle Director organizes many community events including summer camps, game nights, educational programs.
Community amenities include a fantastic pool pavilion with Jr. Olympic pool, water slide, splash pool, lazy river. There's also a children's playground and basketball Airnasium. The adjacent 40-acre Nesbit Park offers soccer and baseball fields and picnic areas.
Cane Creek Park is close-by, featuring camping areas, a 300 acre lake for swimming, fishing, canoeing, and trails for biking and horseback riding.
Love to golf? There are nine golf courses within 10 miles of Millbridge.
The charming, historic town of Waxhaw, which is on the National Register of Historic Places, is minutes away and offers quaint shops, restaurants, a farmer's market, and lots of community activities throughout the year.
Located an easy 15 minutes drive from south Charlotte's prestigious Ballantyne area with its limitless amenties, 30 minutes from Charlotte's South Park Mall, and 45 minutes from Uptown Charlotte, MillBridge is perfectly situated to provide a beautiful country setting close to all the amenities and conveniences of sophisticated city life.
More recognition and awards for Millbridge. In April 2019, Millbridge was named the 2019 Community of the Year by the Home Builders Association of Greater Charlotte. In April 2018 Millbridge received three of the Home Builders Association of Greater Charlotte’s major achievement in market excellence (MAME) awards: (1) Developer of the Year, (2) Marketing Professional of the Year, and (3) the Best Sales Environment award.
No wonder they say that Millbridge is not just a neighborhood, but a destination!
What Kind Of Homes Will You Find In Millbridge?
Millbridge homes have been built by some of Charlotte, North Carolina area's top builders, including Ryland Homes, Ryan, Mattamy, Centex beginning in 2008. Essex Homes have recently sold out in Millbridge. New homes in two new sections of Millbridge are currently being built by Bonterra, MI Homes, Pulte, and Lennar.
Millbridge homes range in size from approximately 1,800 square feet to over 5,000 square feet.
Median Home Sale Price Trends For Millbridge Homes