Waxhaw's Lawson Neighborhood Home Prices Skyrocket 29.8% In Qtr 2-2021

By
Real Estate Agent with Coldwell Banker Realty

 

Lawson Neighborhood in Waxhaw, NC: 

Real Estate Report & Neighborhood Spotlight

2nd  Quarter 2021

 

28 homes sold in Lawson during the Second Quarter 2021, 13 more than in the same quarter one year ago. What contributed to this increase in Lawson home sales were 11 more listings for sale than in the same quarter one year ago.

 

Demand for Lawson homes was also reflected in the drop in average days on market, which were down 57 days to 17 days compared with the same quarter one year ago. As a result, home sellers received an average of 103.8% of their asking price during the first quarter 2021. Only two homes of all that sold in the second quarter received less than 100% of list price in final sale price. One home received 111.7% of list price.

 

Median list and sale prices for Lawson homes increased in the 2nd quarter 2021 versus 2020, as did average and median listing prices. Average sale price in the second quarter home sale prices increased 29.81% to $570,759. Average sale prices increased some $110,000 over the first quarter 2021. Median sale price was in the second quarter was $580,000, an increase of 35.2% year-over-year. Median sale price also increased quarter-over-quarter by $145,000. Home sale prices in the second quarter ranged from a low of $355,000 to a high of $770,000.

 

At second quarter-end 2021, no homes were listed for sale in Lawson and one home was under contract. For a community of some 600+ homes, inventory is razor-thin.

 

Lawson Home Sale Snapshot: Quarter 2 - 2021

Lawson in Waxhaw Real Estate Report Quarter 2-2021

   

Detailed report about Lawson neighborhood home sales in the 2nd  Quarter 2021

 

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

  

 

WHAT MAKES LAWSON IN WAXHAW/CHARLOTTE METRO AREA A PERENNIAL FAVORITE FOR 10+ YEARS?

 

Lawson Neighborhood In Charlotte Area's WaxhawOne of Waxhaw, North Carolina's most desired and perennially favorite communities since 2006, Lawson is an idyllic neighborhood set on 558 picturesque acres with tree-lined streets and miles of scenic nature/walking trails.
 
More than one-third of the community's acreage has been devoted to common land, including the preservation of the magnificent 150 year old Heritage oak tree. The community was named after the 18th century, naturalist, John Lawson and was built as a tree-save community.
 
 
Community amenities include the Millhouse/Clubhouse, swim complex, tennis courts, kids' playground, fitness center. All the fun of a country club lifestyle without the country club lifestyle cost.
 
 
 
Cane Creek Park is close-by, featuring camping areas, a 300 acre lake for swimming, fishing, canoeing, and trails for biking and horseback riding. Also nearby is The Carolina Thread Trail, a regional network of green ways, trails, and blue ways with a new cross-state suspension bridge connecting the Twelve Mile Greenway in Waxhaw, NC with the Twelve Mile Creek Trail in Lancaster, SC offering four continuous miles of pathways to walk and explore.
 
 
Love to golf? There are some 30 golf courses to choose from within 10 miles of Lawson. 

 
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. 
 
 
Lawson's location provides easy access to Charlotte's best shopping, dining, and entertainment options, medical services, primary local roads and I-485, as well as to some of Union County's highest rated public schools.
 
 
Is it any wonder Lawson has been one of Waxhaw area's most in-demand neighborhoods for over 10 years?

 

 

What Style of Homes Will You Find In Lawson?

  

One of the larger subdivisions in Waxhaw with 600+ homes, Lawson homes range in price from the $300,000's to over $800,000. Homes range in size from about 1,700 square feet to 5,000+ square feet and feature three bedrooms up to six plus bedrooms. Homes are primarily two-story, but there are also 1-1/2 story homes and three story homes, as well as homes with walk-out basements. All homes feature two or three car attached garages and are situated on lots averaging 1/4-1/3 of an acre, although there are homes home considerably larger losts, as well.

 

Lawson builders included Mattamy, Lennar, Shea Homes, Orleans, Ryland, St. Lawrence, and Pulte, providing a wide variety of home styles. In other words... something for everyone... from first time buyers to empty-nesters to young families, to move-up home buyers looking for luxury homes.

 

The average age of  homes in the community is approximately 5-7 years, with homes built as early as 2005. View all Lawson homes for sale here.

 

Where Is Lawson Located In Waxhaw?

 

The Lawson neighborhood is located off of Cuthbertson Road close to Cureton, another high-demand neighborhood in this part of Waxhaw. Two more perennially popular neighborhoods are also minutes away: Quellin, just up the road, across Hwy 16, while Millbridge is minutes away across Kensington Parkway.

 

Map Location of Lawson Community In Waxhaw NC
 

Lawson One of 12 Hot Waxhaw Neighborhoods 

 

Top Rated Union County Schools:

 

Lawson in Waxhaw School AssignmentsLawson 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 New Town Elementary School, Cuthbertson Middle School, and Cuthbertson High School.  Some Lawson elementary school children are assigned to the Waxhaw Elementary School. Check with Union County Public Schools for all the most recent school assignments.

  

Schools serving Lawson families are part of the Union County Public School District, ranked the 3rd best in North Carolina.  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 #15. Newtown Elementary School ranks #8 as a top elementary school in Union County.

 

Prime Waxhaw Location:

 

Lawson is close to the historic town of Waxhaw and the Cureton Shopping Center. It is also located some 15 minutes from the heart of Charlotte's upscale 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 are all also easily accessible from Lawson. Lawson provides easy access to the Ballantyne Corporate Park, South Park, I-485, Matthews, Indian Land, Charlotte-Douglas Airport.

 

All of life's daily conveniences are close to Lawson. And if you love the great outdoors, 30 golf courses, 10 parks plus a dog park, and three hiking trails are within 10 miles of the neighborhood.

 

Lawson in Waxhaw NC convenient to all of life's necessities      Lawson in Waxhaw NC close to parks and golf

          

                                                               

SEARCH ALL LAWSON HOMES FOR SALE 

 

WONDERING WHAT YOUR LAWSON 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

 

 SEARCH ALL WAXHAW, NC AREA HOMES FOR SALE

 

If you're considering selling your Lawson or Waxhaw/Charlotte area home, contact Nina Hollander/Carolinas Realty Partners with Coldwell Banker Realty.  Let's get together and discuss the supply conditions in your neighborhood and how we can assist you in gaining access to the buyers who are ready, willing and able to buy now.

 

And let us also show you why experience matters and how:

"The Right Broker Makes All The Difference"

 

 

Great Homes In Charlotte

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

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 The Greater Charlotte Area
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.

 

Comments (34)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... about three years ago I listed and sold two homes in Lawson in the $500,000's. At that time it was the first time since the Great Recession that there had been any sales in Lawson with a 5 in front of the sale price. One of the homes I sold at $540,000 just resold in the high $700,000's... and nothing had been done to improve the home.

Aug 04, 2021 08:09 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Rocky Dickerson hi Rocky... it's an insane appreciation year-over-year and quarter-over-quarter. And it all stems from a lack of inventory.

Aug 04, 2021 08:09 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, amazing these housing numbers remain SO high.    I keep wondering how long this can continue.

Aug 04, 2021 08:56 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina another crazy in the average value.  Buyers who are waiting, are missing out on this increase equity.

Aug 04, 2021 12:05 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... I suspect it will continue until we have more inventory and/or higher interest rates.

Aug 04, 2021 01:15 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... it seeems lots of buyers are waiting for prices to fall back. I keep telling them that I don't expect prices to fall back... perhaps the rate of apprciation might slow somewhat, but that's whole other kettle of fish.

Aug 04, 2021 01:16 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Nina Hollander, Broker - As always, I appreciate your very comprehensive market report but the video is more telling and shows the inner beauty of this lovely subdivision and city. 

Aug 04, 2021 01:29 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Great as always Nina and thanks for sharing the numbers with us here in the Rain.  Make it a great day!

 

Aug 04, 2021 01:41 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Approaching the middle of the 3rd quarter, it is good to so see what got us to this point Nina Hollander, Broker 

Aug 04, 2021 01:50 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Wednesday afternoon, Nina. I hope you are having a very productive week.

Aug 04, 2021 02:23 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Patricia Feager, MBA, CRS, GRI,MRP hi Patricia... thanks so much for such a nice comment... I work very hard at my market report.

Aug 04, 2021 03:07 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm always good to see you, Will. Thanks so much for popping by today!

Aug 04, 2021 03:08 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS you had to remind me, did you, Paul that we are halfway through the third quarter?  😉And I'm still finishing up second quarter reports!

Aug 04, 2021 03:09 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley thank you, Roy... I'm having one of those weeks where I don't seem to stop but keep wondering what I've really accomplished!

Aug 04, 2021 03:09 PM
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Nina.

Looks great, my days of playing 18 are over.  Or I should say for this season, arthritis got in the way

Aug 05, 2021 12:24 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

James Dray good morning, James... I get it about the arthritis... had two knee surgeries between last December and February to clean up arthritic conditions. Now planning for a hip replacement due to arthritis.

Aug 05, 2021 04:11 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

It's significant that days on market dropped so much and homes are still selling at over asking

Aug 05, 2021 09:54 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ed Silva lack of inventory keeps driving bidding wars, Ed, which pretty much means sales at over asking price.

Aug 05, 2021 10:24 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Waxhaw's Lawson home buyers and sellers are sure to value your real estate market report, Nina.

Aug 06, 2021 03:07 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat good morning, Myrl... thanks for stopping by... wishing you a wonderful weekend ahead.

Aug 07, 2021 06:20 AM