12 Hot Selling Neighborhoods To Watch In Charlotte's Waxhaw | Weddington | Marvin Areas In 2022
Charlotte metro area's Waxhaw | Weddington | Marvin areas in Union County remained hot in 2021, especially luxury home neighborhoods. 12 neighborhoods in the Waxhaw area were particularly hot in 2021 with at least 20 closed sales and are worth watching in 2022 for continued demand.
7 neighborhoods on the 2021 list have been hot neighborhoods for five consecutive years now -- Millbridge, Lawson, Cureton, Hunter Oaks, Providence Downs, Providence Downs South, The Courtyards at Wesley Chapel. One neighborhood made the 2021 hot neighborhoods list for a second consecutive year -- Somerset. New on the list of hot Waxhaw neighborhoods in 2021 are Cortona, Weddington Chase, and Tuscany.
Excellent schools, reasonable property taxes, communities with resort-style amenities, historic downtown Waxhaw all contributed to the high demand for Waxhaw area homes. Demand for Waxhaw area homes made Union County the 7th fastest growing county in North Carolina and the 85th fastest growing county in the USA.
MILLBRIDGE
Millbridge remained the #1 selling neighborhood in the Waxhaw area with 250 homes sold at an average sale price of $455,394 compared with 320 homes sold in 2020 at an average sale price of $389,247. Sellers received 102% of list price in final sale price, compared with 99.4% in 2021. Days on market averaged 14 days, compared with 46 days in 2021, when more new construction homes were available for sale.
Named 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.
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LAWSON
Lawson also remained a much favored Waxhaw community amongst home buyers coming in as the second highest home selling neighborhood in Waxhaw in 2020.
68 homes sold in Lawson in 2020 at an average sale price of $574,762 compared with 70 homes sold in 2020 at an average sale price of $446,387. On average, sellers received 103.5% of list price in final sale price compared with 100% in 2020. Days on market averaged 4 days compared with 39 days in 2020.
One 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. 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.
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CURETON
Cureton saw 39 closed sales in 2021 at an average sale price of $625,777 compared with 66 closed sales in 2020 at an average sale price of $501,008. Home prices in Cureton ranged from a low of $365,000 to a high of $1,020,000 in 2021. Sellers received 103.3% of list price as a final sales price, on average compared with 99.8% in 2020. Average days on market were 7 compared with 49 days in 2020.
Waxhaw's Cureton neighborhood offers the country club lifestyle without the country club lifestyle cost. Cureton residents enjoy the use of a pool, clubhouse, gym, bocce ball court, walking trails, and playground.
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HUNTER OAKS
A perennial favorite community due to its proximity to Charlotte's Ballantyne area, great amenities and top-rated schools, Hunter Oaks had 45 closed sales in 2021 at an average sale price of $610,312 compared with 46 closed sales in 2020, averaging a selling price of $483,971. Hunter Oaks home sale prices ranged from a low of $445,000 to a high of $882,000 in 2020. Sellers received 103.7% of list price in final selling price compared with 99.6% in 2020. Average days on market were 6 compared with 35 days in 2020.
Hunter Oaks is a mature and quiet neighborhood in the Waxhaw/Marvin area approximately two miles from south Charlotte's upscale Ballantyne area. 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."
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PROVIDENCE DOWNS & PROVIDENCE DOWNS SOUTH
Providence Downs had 21 homes sales in 2021 at an average sale price of $1,117,136 compared with 30 home sales in 2020 at an average sale price of $945,522. Homes sold at 102.7% of list price, on average, compared with 98.7% in 2020. Average days on market were 30 compared with 49 days in 2020.
Providence Downs South had 27 sales at an average sale price of $1,325,199 in 2021 compared with 23 sales in 2020 at an average sale price of $1,226,348. Home sellers received 99.9% of list price as a final sale price compared with 97.3% in 2020. Days on market averaged 37 compared with 70 in 2020.
Providence Downs and Providence Downs South are known for their beautiful, custom homes on larger lots set along winding tree-lined roads and resort-style amenities and plentiful community activities. Minutes away from upscale Ballantyne's shopping and dining destinations, yet secluded enough to provide a peaceful getaway, these two neighborhood enjoy low Union County tax rates, top-rated schools, and easy access to Charlotte's South Park and Uptown.
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SOMERSET
Somerset saw 31 homes sell in 2021 at an average sale price of $541,825 compared with 21 homes sold in 2020 at an average price of $432,690. Somerset's popularity stems from its location close to Ballantyne, I-485, excellent amenities and top-rated schools. The 31 sold homes averaged 105.3% of list price in final sale price compared with 99.5% in 2020. Average days on market were 8 compared with 27 in 2020.
Somerset 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.
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THE COURTYARDS AT WESLEY CHAPEL
When fully built-out, The Courtyards at Wesley Chapel by Epcon will feature 136 ranch style, low-maintenance homes in a serene wooded setting. This is an active adult community for people aged 55 and above. 35 homes sold in 2021 at an average sale price of $527,636 compared with 39 homes sold in 2020 at an average sale price of $479,170. Average list to sale price ratio was 99.9% and average days on market were 27 in 2021. While empty nesters might be downsizing in space, they are not downsizing in budget, amenities and high quality finishes.
The Courtyards at Wesley Chapel offer easy access to shopping, antique markets, restaurants, and everything historic. downtown Waxhaw has to offer. Community amenities include walking paths, clubhouse which includes a fitness center and outdoor salt water swimming pool.
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CORTONA
Cortona saw 20 home sales averaging $415,021 in 2021 compared with 43 homes sold averaging $358,454 in 2020. Sellers received 95.7% of list price in final sale price. Days on market averaged 19 days compared with 42 days in 2020.
Cortona is a new construction community built by Lennar and almost complete, which accounts for the much lower level of closed sales in 2021 versus 2021. Cortona features a clubhouse, fitness center, recreation area for residents to enjoy.
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TUSCANY
In 2021, Tuscany had 24 home sales averaging $608,980 in sales price compared with 15 sales at an average sale price of $425,127 in 2020. Sellers received 101.57% of list price in final sale price, on average, compared with 99.3% in 2020. Average days on market were just 11 compared with 40 average days on market in 2020.
Tuscany is known for it's larger homes -- many with 5 bedrooms, 3-car garages, and situated on larger lots. Tuscany offers residents a club house, outdoor pool, playground.
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WEDDINGTON CHASE
Weddington Chase saw 21 home sales averaging $864,394 in 2021 compared with 20 homes sold averaging $680,240 in 2020. Sellers received 105% of list price in final sale price compared with 100.1% in 2020. Days on market averaged just two days compared with 22 days in 2020.
Weddington Chase is a 295 home neighborhood developed and built by John Wieland Homes beginning in 2001. Homes range in price from $750,000 to over $1 million. Home sizes range from about 3,000 square feet to over 6,000 square feet. Homes are primarily two-story, but also three story and basement homes. Weddington Chase offers wonderful amenities, a strong sense of community spirit and quiet, tree-lined streets complete with sidewalks and cul-de-sacs.
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HIGHGATE
Highgate saw 28 home sales averaging $1,531,307 in 2021 compared with 19 homes sold averaging $1,361,008 in 2020. Sellers received 100% of list price in final sale price compared with 97.4% in 2020. Days on market averaged 20 days compared with 53 days in 2020.
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Honorable mention goes to these popular communities in the Waxhaw, Weddington, and Marvin areas, all of which saw considerably higher average home sale prices in 2021 compared with 2020:
Quellin: 14 homes sold averaging $595,136
Stonegate: 10 homes sold averaging $514,260
Marvin Creek: 19 homes sold averaging $975,228
The Reserve: 20 homes sold averaging $589,523
Prescot: 18 homes sold averaging $409,694
Weddington Trace: 11 homes sold averaging $737,964
Wesley Oaks: 18 homes sold averaging $496,750
Anklin Forrest: 14 homes sold averaging $628,536
Briarcrest: 12 homes sold averaging $599,783
The Chimneys of Marvin: 16 homes sold averaging $748,125
Greenbrier: 17 homes sold averaging $464,646
Longview: 15 homes sold averaging $1,513,000
SEARCH FOR HOMES IN THESE OTHER IN-DEMAND WAXHAW AREA NEIGHBORHOODS
Contact Nina Hollander/Carolinas Realty Partners if you'd like more information about the 10 Hottest Selling Neighborhoods in the Waxhaw | Weddington | Marvin neighborhoods (or in any Charlotte metro neighborhood, for that matter). We've been opening doors for Waxhaw area home buyers and sellers for 20+ years.
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