Home Prices Up 41+% Year-Over-Year In Hunters Oaks In Waxhaw: Q3-2021

By
Real Estate Agent with Coldwell Banker Realty

 

Hunter Oaks Neighborhood in Charlotte's Waxhaw Area

Real Estate Report & Community Spotlight

Quarter 3 - 2021

 

15 homes sold in Hunter Oaks in the 3rd Quarter 2021, three fewer than in the same period one year ago and three fewer than in the 2nd Quarter 2021. 

 

Average home sale prices were up 41.29% compared with the 3rd Quarter  2020. Median sale prices for Hunter Oaks homes also increased 44.02% year-over-year. Average sale price was $660,056. The median sale price was $661,250 Home sale prices ranged from a low of $534,900 to a high of $882,000 during the 3rd Quarter. Average and median home prices were also much higher, quarter-over-quarter. Average home prices increased some $102,000 over 2nd Quarter 2021. Median home prices increased almost $68,000 quarter-over-quarter.

 

On average, sellers received 105.5% of list price in sale price during the 3rd Quarter 2021 and 104.5% on a median basis.

 

Average days on market were down 93% in the 3rd Quarter 2021 compared with the same quarter one year ago. Hunter Oaks homes took 3 days to sell, on average... 40 fewer days than in the same quarter one year ago. Median days on market were just three days.

 

In the 3rd Quarter 2021, the number of new listings were flat, year-over-year with 11 new listings in both years. For a community with some 1,000 homes, inventory is beyond razor thin.

 

At the end of the 3rd Quarter, NO homes were listed for sale in Hunter Oaks and one home was under contract. 

 

Hunter Oaks Real Estate Snapshot: Quarter 3 - 2021

Hunter Oaks Neighborhood In Waxhaw Real Estate Report Quarter 3-2021 

Detailed report on Hunter Oaks neighborhood home sales in the 3rd Quarter 2021.

 

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


Median Sale Price History For Homes In Hunter Oaks

 

 

WHY LIVE IN HUNTER OAKS IN WAXHAW, NC?

 

Hunter Oaks in Waxhaw, North CarolinaHunter Oaks is a mature and quiet neighborhood in the Waxhaw/Marvin area approximately two miles from south Charlotte's upscale Ballantyne area.

 
Because of its location, lower property taxes, community amenities, and top rated schools, Hunter Oaks is a very popular neighborhood with close to 1,000 homes that were built/developed from 1994 until 2004. 
 
You can't but enjoy driving through the Hunter Oaks neighborhood, with its wide, tree-lined streets. Leafy sidewalks are perfect for strolling. Hunter Oaks residents enjoy fabulous amenities, including a 2 clubhouses, 2 swimming pool complexes, 3 tennis courts with lights, walking trails, and playground for the "younger set." You get to enjoy a "country club" lifestyle without the expense of a country club community.
 
Homes in Hunter Oaks are primarily transitional style, built with 4-5 bedrooms and can range in size from just over 2,000 square feet to some 5,000 square feet. 
 
 
Hunter Oaks In Waxhaw, NC Map
 
 
            

Hunter Oaks: What Schools Will The Kids Attend?


School Assignments for Hunter Oaks Neighborhood in Waxhaw/Marvin NC

Hunter Oaks families are served by some of the top public schools in Union County and in the Charlotte metro area, including Marvin Ridge High SchoolMarvin Ridge Middle School, and Rea View Elementary. Any number of private and parochial schools are also nearby.

 

Marvin Ridge High School is one of the top ranked high schools in the Charlotte region, ranked #1 out of the top 25 high schools for 2022. 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.

 

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.

 

Hunter Oaks: Prime Location Near Ballantyne

 

Hunter Oaks in Waxhaw, NC is located minutes from Charlotte's trendy and popular Ballantyne area. All the shopping you could want is within minutes of the neighborhood, including two large outdoor shopping centers (Blakeney and Stonecrest) which feature grocery shopping, high-end boutiques, spas, casual and fine dining restaurants, movie theatres, etc. Carolina Place Mall and Carolinas Medical Center/Pineville are less than five miles away. Ballantyne Village, the world-class Ballantyne Resort and Spa are all also accessible within minutes. All the major medical practices in Charlotte maintain offices in Ballantyne, as well. Also nearby are Trader Joe's, Ballantyne Country Club, Piper Glen Club, horseback riding facilities, and so much more.  The new Waverly Place in south Charlotte is virtually around the corner from Hunter Oaks.

      

The Hunter Oaks neighborhood also provides easy commuting to the Ballantyne Corporate Park, South Park, I-485, Matthews, Fort Mill, Charlotte-Douglas Airport.

 

           Hunter Oaks Neighborhood in Waxhaw/Marvin NC Is Close to Everything      Dining Options Near Hunter Oaks Neighborhood in Waxhaw/Marvin NC

Outdoor Activities Near Hunter Oaks Neighborhood in Waxhaw/Marvin NC

 

HUNTER OAKS IS ONE OF 12 HOT WAXHAW NEIGHBORHOODS

Hot Waxhaw, NC Neighborhoods

 

SEARCH ALL HUNTER OAKS HOMES FOR SALE 

 

WONDERING WHAT YOUR HUNTER OAKS HOME IS WORTH?

 

What's My Charlotte/Waxhaw Area Home Worth?

 

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

 

SEARCH ALL WAXHAW AREA HOMES

Search Waxhaw Area Homes For Sale



SEARCH ALL CHARLOTTE METRO AREA HOMES FOR SALE

 

This Charlotte, North Carolina real estate update for Hunter Oaks homes sales in Waxhaw is provided by Nina Hollander and Carolinas Realty Partners, Coldwell Banker Realty, your Charlotte metro area residential real estate experts and Waxhaw neighborhood specialists. We've been opening doors in Hunter Oaks for 20+ years.

 

If you're considering selling or purchasing a home in Hunter Oaks or anywhere in the Greater Charlotte area, I'd love an opportunity to earn your business, to exceed your expectations, and to 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)

Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Nina- thank you for another thorough market report for Hunters Oaks in Waxhaw. 

Oct 24, 2021 09:44 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... really, this was for the most part a mid-price community built for people who were probably buying their first home or their second home, trading up from a townhome or starter home. Due to location and schools, prices have exploded here.

Oct 24, 2021 10:22 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib thanks, Kathy, for popping by today. Wishing you a lovely Sunday and a good week ahead.

Oct 24, 2021 10:22 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm hello, Will... some of our neighborhoods have really "exploded" due to lack of inventory.

Oct 24, 2021 10:23 AM
Raymond Henson, eXp Realty
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

That is quite a year.  I can't imagine what the leveraged returns would be for those that put very little down on their homes.  They must be very happy!  Thank you for the update.

Oct 24, 2021 11:36 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Raymond Henson, eXp Realty hi Ray... every time I see a listing in Hunter Oaks pop up and see the asking price I'm taken somewhat aback... and then I see the homes sell in what seems like a NY minute at the high price and more.

Oct 24, 2021 12:14 PM
Raymond Henson, eXp Realty

I know the feeling.  It is hard to keep up! 

Oct 24, 2021 12:19 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

It is definitely a wonderful time for home sellers. 

We wish we had another home so we could sell our house.

Oct 24, 2021 12:31 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina, Hunters Oaks has to take the trophy for the biggest increase year over year.

Oct 24, 2021 01:53 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley hi Roy... your predicament is what's keeping so many homeowners from selling right now. It's a vicious cycle.

Oct 24, 2021 02:30 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... Charlotte region has hundreds and hundreds and hundreds of neighborhoods and I can't follow them all... but Hunter Oaks has to be at the top end of appreciating neighborhoods Y-O-Y.

Oct 24, 2021 02:31 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Nina:

Wow, average prices up 41+% in Hunters Ridge - that's pretty impressive, coupled with all the other changes. 

Buyers will appreciate your thorough market summary along with an overview of what makes Hunters Ridge so popular! Then they need to call you for help!

Jeff

Oct 24, 2021 02:42 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

A 41% increase in value is out of sight and will be impossible to sustain I would believe.  That amount of increase would have the greatest potential to have problems will selling down the road

Oct 24, 2021 05:12 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

That is definitely quite a jump. Reminds me of the John Pusa market report by region

Oct 24, 2021 06:51 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wow those are some amazing numbers, should discourage a lot of buyers, Endre

Oct 24, 2021 10:48 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeff Dowler, CRS hi Jeff... prices increases in some of our neighborhoods year-over-year and even quarter-over-quarter have been mind-boggling.

Oct 25, 2021 04:10 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ed Silva People who buy in neighborhoods like Hunter Oaks typically buy for the long term... it's in a top school district so people buy in with very young kids and don't budge till the last one is out of high school... so they believe they can ride out market conditions.

Oct 25, 2021 04:13 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Rocky Dickerson good morning, Rocky... that was quite the jump in values year-over-year... goes to show what people will pay to be in a prime location with top local schools.

Oct 25, 2021 04:15 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. good morning, Endre... we keep hearing about fatigued buyers and yet they keep coming and they keep buying. I'm closing on a home today with buyers who saw their first home with me in December 2020... they kept at it until they found the right home at the right price.

Oct 25, 2021 04:17 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Hunters Oak home buyers and sellers are sure to value your real estate market report, Nina.

Oct 25, 2021 07:11 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat thank you, Myrl, as always for taking time to stop by and leave me a comment.

Oct 26, 2021 04:28 AM