Millbridge Neighborhood In Waxhaw Real Estate Report: Quarter 4 - 2019

By
Real Estate Agent with Coldwell Banker Realty

 

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

 

Millbridge In Waxhaw Home Sales Report: Quarter 4-2019

 

 

 Detailed report about Millbridge neighborhood home sales in the 4th Quarter 2019

 

To track sales in Millbridge "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Millbridge sales activity.

 

 

 

WHY IS WAXHAW'S MILLBRIDGE ONE OF CHARLOTTE METRO AREA'S MOST DESIRED COMMUNITIES?

 
 
 
It's All About The Lifestyle In Millbridge!
 
Millbridge Community In Waxhaw, NCNamed 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.
 
Millbridge In Waxhaw Community of The YearMore 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
 
 
 

  
 
Millbridge Children Attend Top Schools:
 
Millbridge children are served by some of the top schools in Union County including Cuthbertson High SchoolCuthbertson Middle School, and Kensington Elementary School.  Nearby are also Central Academy of Technology and Arts and Union Day Charter School. With Union County school assignments subject to change from year to year, parents should verify all school assignments.
 
Cuthbertson High School is ranked #11 out of the top 25 public high schools in the Charlotte region. Cuthbertson Middle School is ranked in the top 25 Charlotte middle schools at #14. Kensington Elemetary School is also ranked as one of the top 25 elementary public schools in the Charlotte region.
 
Central Academy of Technology and Arts in Monroe, ranks #6 in the Charlotte region with an A+ rating. Central Academy of Technology and Arts is a magnet school and is one of the highest performing high schools not just in the Charlotte region, but in the State of North Carolina.
 
Union Day School, which opened only in 2016, is already rated as the #7 best charter elementary school in the Charlotte region.
 
Do top schools make a difference when buying or selling a home? The answer is a YES! Find out why good schools matter when you’re buying or selling a home here.
 
 
MIllbridge School Assignments In Waxhaw

 

 


 

 

SEARCH ALL MILLBRIDGE HOMES FOR SALE

 

SEARCH ALL WAXHAW, NC HOMES FOR SALE 

 

 

WONDERING WHAT YOUR MILLBRIDGE HOME IS WORTH IN TODAY'S MARKET?

 

 

Find out what your home is worth

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE

 

 

 If you're considering purchasing or selling a home in Millbridge, contact Nina Hollander/Carolinas Realty Partners with Coldwell Banker Realty.

If you're buying, we have the complete inventory list of homes for sale in Millbridge and can also assist you with building a new home.

If you're selling, let's get together and discuss the supply conditions in Millbridge and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.

And let us show you how:

 

"The Right Broker Makes All The Difference."

 

 

Great Homes In Charlotte

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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Rainmaker
1,383,922
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - Another great report on Millbridge and Waxhaw homes for sale.  Buyers and sellers are lucky to have you close by to guide them in this very active market. 

Jan 29, 2020 02:18 PM #1
Rainmaker
3,462,890
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sheri Sperry - MCNE® thanks, Sheri. I love selling in Millbridge and my clients love living there.

Jan 29, 2020 02:50 PM #2
Ambassador
3,268,567
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I'm still celebrating being nice. Love your statistics!

Happy Thursday Nina Hollander 

Jan 30, 2020 03:43 AM #3
Rainmaker
3,590,197
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Nina. Thinventory is a plague that can be eased by new construction. And new is not bad. Buyers should have representation and in your area it should be you! Enjoy your day!

Jan 30, 2020 05:11 AM #4
Rainmaker
3,462,890
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne Martin hi Wayne... the problem with new construction is that if they have no invetory buyers need to wait for building to complete... and many buyers don't have the luxury of waiting months for completion.

Jan 30, 2020 05:23 AM #5
Rainmaker
3,462,890
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®, CRS good morning, Paul... and I love that you always stop by and leave me a nice comment!

Jan 30, 2020 05:23 AM #6
Rainmaker
5,819,090
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local community reports.

Jan 30, 2020 08:40 AM #7
Rainmaker
3,462,890
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley hi Roy... I suspect that if you came to Charlotte now, you'd never recognize the landscape compared with what you knew when you lived here.

Jan 30, 2020 08:41 AM #8
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Rainmaker
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Nina Hollander

Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor
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