Waxhaw's Lawson Neighborhood Home Prices Skyrocket 30.1% In Q3 -2021

By
Real Estate Agent with Coldwell Banker Realty

Lawson Neighborhood in Waxhaw, NC: 

Real Estate Report & Neighborhood Spotlight

Quarter 3 - 2021

 

17 homes sold in Lawson during the Third Quarter 2021, nine fewer than in the same quarter one year ago. New listings were also down compared with the same quarter one year ago... nine fewer homes for sale.

 

Demand for Lawson homes was also reflected in the drop in average days on market, which were down 23 days to 7 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. Every home that sold in the third quarter received more than 100% of list price in final sale price. On average, home sellers received 103.3% of list price in final sale price.

 

Median list and sale prices for Lawson homes increased in the Third Quarter 2021 versus 2020, as did average and median listing prices. Average sale prices in the third quarter increased 30.11% to $612,343. Average sale prices increased almost $51,000 over the second quarter 2021. Median sale price was in the third quarter was $6430,000, an increase of 33.1% year-over-year. Median sale price also increased quarter-over-quarter by $50,000. Home sale prices in the second quarter ranged from a low of $295,000 to a high of $785,000.

 

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

 

Lawson Home Sales Snapshot: Quarter 3 - 2021

Lawson Neighborhood In Waxhaw NC Housing Market Report Quarter 3-2021

 

Detailed report about Lawson neighborhood home sales in the 3rd 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 lots, 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
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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.

 

Comments (20)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Nina. Wow! The other day your report gave new meaning to "The Roaring 20's" and now you follow-up with "The Soaring 30's". Are the 40's far off? Enjoy your day.

Oct 20, 2021 05:49 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Nina - another hugh jump in prices.  How are the appraisers handling this?

Oct 20, 2021 05:51 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Wayne Martin very clever, Wayne... love that soaring 30's categorization. Somehow, I don't thing we'll see any 40's. 

Oct 20, 2021 05:53 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Grant Schneider hi Grant... hard for me to say what is happening with appraisals with other people's listings. In the case of mine, everything seems to be appraising and if buyers have waived an appraisal, if they don't I don't know about it. But as you can see, homes are all selling over asking price.

Oct 20, 2021 05:55 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, wow 30%, amazing this continues month after month!   Great report for Lawson.

Oct 20, 2021 06:26 AM
Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

Love the name, Waxhall Lawson.  Wow, the whole state of North Carolina is rocking.  Thanks for the post, we made it to Wednesday, halfway to the weekend.  Hump Day.  Bill Salvatore

Oct 20, 2021 06:35 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... the house in Lawson that sold for $785,000 is one I listed and sold three years ago at $540,000... at that time it was the first resale in Lawson with a 5 in front of it in 10 years.

Oct 20, 2021 06:47 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Bill Salvatore - YVP Blog ... Waxhaw was home to the Waxhaw Indians... hence the name. Lawson was named after the naturalist, John Lawson.

Oct 20, 2021 06:49 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

A 30% increase is amazing!  I am wondering how high it will go!  Wishing you a wonderful day.  A 

Oct 20, 2021 07:32 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... in Quarter 2 it was just under a 30% increase year-over-year; now in Quarter 3 it's just over a 30% increase year-over-year. I think everyone is wondering how high prices could go.

Oct 20, 2021 07:45 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will love your outstanding local community reports.

Oct 20, 2021 09:16 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

The Lawson neighborhood of Waxhaw is certainly showing the real economy of real estate with increasing values and less days on market. A 30% increase in price is significant

Oct 20, 2021 09:22 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina 23 to 7 days wow, I am inpress with the price increases also.  Supply and demand for sure.

 

Oct 20, 2021 09:26 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley thank you, Roy, for popping by. Trust you've had a nice day thus far.

Oct 20, 2021 09:34 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ed Silva hi Ed... these prices in communities like Lawson are simply mind-boggling how fast they've increased.

Oct 20, 2021 09:34 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm hi Will... I, for one, was not expecting price increases of this magnitude, month after month, quarter after quarter.

Oct 20, 2021 09:35 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Those third quarter numbers are impressive yet scary Nina Hollander, Broker 

Oct 20, 2021 10:24 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS hi Paul... so long as we have virtually no inventory, we need to be prepared to see price increases that may well be scary looking.

Oct 20, 2021 10:26 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Oct 21, 2021 02:34 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good Thursday morning, Myrl Jeffcoat Trust you are looking forward to a terrific day. My morning will be spent in a continuing ed class... but at 1pm I'll be done until after July 2022.

Oct 21, 2021 04:08 AM