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

By
Real Estate Agent with Coldwell Banker Realty

 

 

Somerset Neighborhood in Charlotte's Waxhaw Area

Real Estate Report & Community Spotlight

 Quarter 4 - 2019

 

 

In the 4th Quarter of 2019, six homes sold in the Somerset neighborhood; two more than in the fourth quarter of the previous year. Median listing and sale prices ($375,750) increased versus the fourth quarter of 2018. Although average listing prices were down minimally, the average selling price ($387,167) increased in the 4th quarter compared with the same time period one year ago.

 

Average days on market were down 6 days versus the same quarter in the previous year.

 

Somerset home sellers received 98.63% of list price in final sale price. The months supply of inventory in Somerset was razor thin at just one month in the 4th Quarter of 2019. 

 

At year-end 2019, two homes were listed for sale in Somerset. No homes were in contract.

 

 

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

 
 

 

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

 

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

 

 

Median Sale Price History For Homes In Somerset

 

 

 

 

 

Why Somerset Is An In-Demand Waxhaw Neighborhood

 

Somerset Neighborhood In Waxhaw ClubhouseSomerset is a 200-acre master-planned community situated on the border of Mecklenburg and Union Counties, minutes from Ballantyne and surrounded by some of Charlotte/Waxhaw area's most prestigious and upscale neighborhoods, including Hunter Oaks, Providence Country Club, Longview, and Marvin Creek. Outstanding community amenities in Somerset include a pool, clubhouse, tennis courts, play ground, and walking trails.

 

The Somerset community was developed between 1998 and 2003 by St Lawrence Homes, D R Horton, Fortis, and Ryland. The homes in Somerset range in size from about 1,990 square feet to over 4,500 square feet with average square footage just under 3,000. Lot sizes average about .3 of an acre but can also range from .2 of an acre to over half an acre.

 

Somerset is located minutes from Charlotte's trendy and popular Ballantyne area. All the shopping you could want is literally just minutes away along Rea Road or Providence Road,  including three, large outdoor shopping centers (Blakeney, Waverly and Stonecrest) offering grocery shopping, high-end boutiques, spas, casual and fine dining restaurants, movie theatres, and more. Carolina Place Mall and Carolinas Medical Center/Pineville are clse by. Ballantyne Village, the world-class Ballantyne Resort and Spa, the Ballantyne Golf Course are all also quickly accessible. All the major medical practices in Charlotte, which maintain offices in Ballantyne, are but five minutes down the road. Also nearby are Trader Joe's, Ballantyne Country Club, Piper Glen Club, horseback riding facilities in nearby Waxhaw. 

 

Somerset provides easy commuting to the Ballantyne Corporate Park, SouthPark, Matthews, Charlotte-Douglas Airport, as well as easy access to I-485 and primary local roads.

 

All of life life's necessities are within easy reach of Somerset in less than a mile. And if you love the "great outdoors" and/or golf, there are 23 golf courses within 10 miles of Somerset and numerous parks for both humans and dogs!

 

Somerset Neighborhood in Waxhaw is convenient to all the necessities of life  Somerset neighborhood in Waxhaw is close to parks and golf

 

 

Top-rated Union County Schools Serve the Somerset Neighborhood in WaxhawTop-Rated Union County Schools 

 

Somerset is served by some of the top Union County public schools in: Marvin Ridge High School, Marvin Ridge Middle School, and Rea View Elementary School, all located witin less than four miles of the neighborhood.

  

Marvin Ridge High School is one of the top ranked high schools in the Charlotte region, ranked #2 out of the top 25 high schools. Marvin Ridge Middle School ranks in the top 15 middle schools in the Charlotte region. Rea View Elementary ranks in the top 25 elementary schools in the Charlotte region.

 

   

 

  GET UPDATES ON SOMERSET HOME SALES ACTIVITY

 

Free home listing alerts from www.GreatHomesInCharlotte.com

 

 

SEARCH ALL SOMERSET HOMES FOR SALE 

 

 

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

 

 

What's Your Somerset Home In Waxhaw NC Worth?

 

THINKING ABOUT SELLING YOUR HOME? SEE WHAT THE COLDWELL BANKER MARKETING ADVANTAGE IS ALL ABOUT.

 

 

 SEARCH ALL WAXHAW, NC AREA HOMES FOR SALE

 

Search Waxhaw Area Homes For Sale

 

 

 If you're considering purchasing or selling a home in Somerset, 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 Somerset. If you're selling, let's get together and discuss the supply conditions in Somerset 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

Posted by

 

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

 

 Connect with me also on these sites:  

 

facebook twitterlinkedinpinterest

  

                                                                                                                                          

Oh by the way, I'm never too busy for any of your referrals!

 

Find Your Charlotte Home

 

How Much Is My Home Worth       Free Charlotte Relocation Package

 

 

 

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.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
North Carolina Union County Waxhaw
Groups:
Waxhaw Rocks!
Charlotte NC Real Estate
Buyer Information - What Buyers Need to Know in Today's Market
Union County NC Real Estate
2019 Market Reports
Tags:
somerset
somerset homes for sale
waxhaw homes for sale
great homes in charlotte
somerset neighborhood in waxhaw nc
somerset neighborhood in waxhaw real estate report
expert waxhaw home value analysis
somerset in waxhaw community amenities

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,372,361
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - You always have some great tools.  I like that "real-time" Neighborhood Analyzer. - Very nice indeed!

Feb 03, 2020 02:32 PM #1
Rainmaker
3,447,227
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sheri Sperry - MCNE® thanks, Sheri. I put all my clients on the Neighborhood Analyzer reporting system... they get an update every two weeks.

Feb 03, 2020 03:00 PM #2
Ambassador
3,258,214
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

That looks like a very interesting system. They didn't have that when I worked at  Coldwell Banker...

Paul

Feb 04, 2020 05:45 AM #3
Ambassador
2,016,774
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

I too like the Neighborhood Analyzer. Very nice feature and, more importantly,  I'll bet your clients like it too.  Have a great Tuesday, Nina. D

Feb 04, 2020 06:51 AM #4
Rainmaker
3,337,361
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Who knows the Somerset neighborhood in Waxhaw NC well? That would be Nina Hollander. Ask to be placed on her Neighborhood Analyzer. You will be glad you called!

Feb 04, 2020 08:21 AM #5
Rainmaker
3,447,227
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 thanks, Sheila and Larry. I know Somerset well... just minutes from my own house and have sold many homes there over the years.

Feb 04, 2020 08:51 AM #6
Rainmaker
3,447,227
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®, CRS hi Paul... if you're talking about the Neighborhood Analyzer... that's not a CB offering. It's an IDX company locally to which I subscribe.

Feb 04, 2020 08:52 AM #7
Rainmaker
3,447,227
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Debb Janes EcoBroker and Bernie Stea JD hi Debb... Neighborhood Analyzer is a set it and forget it system for me that lets me touch my client base twice a month with updates on their neighborhood sales. For a $35/month subscription I consider it cheap to stay in touch.

Feb 04, 2020 08:54 AM #8
Rainmaker
5,781,419
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Nina, for sharing your outstanding local real estate reports.

Feb 04, 2020 04:33 PM #9
Rainmaker
3,447,227
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley and thank you, Roy, for being such a loyal reader of my blog! I really appreciate it.

Feb 05, 2020 03:55 AM #10
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
3,447,227

Nina Hollander

Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor
What real estate questions can I answer for you today?
*
*
*
*
Spam prevention

Additional Information