Record High Home Sale Prices In Quellin In Waxhaw, NC: Quarter 2-2022

By
Real Estate Agent with Coldwell Banker Realty

 

Quellin Neighborhood in Waxhaw, NC

Real Estate Report & Neighborhood Spotlight

Quarter 2 - 2022

 

Six homes sold in Quellin during Quarter 2 - 2022, four more than in the same quarter one year ago and one less than in the First Quarter 2022. Both listing and sale prices were up year-over-year, setting new records for home prices in Quellin.

 

Average days on market remained at two days compared with the same quarter one year ago, but decreased by three days from the First Quarter 2022. Median days on market were just two days in Quarter 2 - 2022, in Quarter 1 - 2022, and Quarter 2 -2021.

 

Home sellers received an average 104.9% of their asking price during the Second Quarter 2022. This compares to 105.8% in the same quarter one year ago and 106.8% in the first quarter of 2022. Median list to sale ratio in the Second Quarter 2022 was 105.6% compared with 105.8% one year ago. Quellin homes continued to sell at a premium both year-over-year and quarter-over-quarter.

 

Median and average sale prices for Quellin homes increased in Quarter 2 - 2022 compared with 2021. Both metrics are at record highs for Quellin. Average sale price was $754,333, up from $552,000 one year ago and from $650,900 one quarter ago. Median sale price was $781,500, up from $552,000 one year ago and from $655,5000 one quarter ago. During the Second Quarter 2022, Quellin home sale prices ranged from a low of $600,000 to a high of $850,000.

 

MEDIAN SALE PRICE TRENDS FOR HOMES IN QUELLIN

 

At second quarter-end 2022, NO homes were listed for sale in Quellin; one home was under contract.

 

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

 

 

Why Do People Love Living In Quellin?

 

Quellin Neighborhood In Waxhaw, North CarolinaQuellin neighborhood amenities include a pool, clubhouse, playground, walking trails, pond with fountain. Quiet, tree-lined streets and lush landscaping throughout Quellin make it a pleasure to walk or drive through.

  

With some 262 estate-sized homes Quellin is a more "intimate" neighborhood. Quellin homes range in price from the $500,000's to over $1,000,000. Homes range in size from about 3,500 square feet to 7,000+ square feet. Homes average four bedrooms and three bathroom, but you'll find homes with five to seven bedrooms. Homes are generally two-story, but you'll also find three-story homes and homes with walk-out basements. The average lot size of a home in Quellin is just over 1/3 of an acre.

 

Quellin was built between 2002 and 2007. Today, the average age of a Quelling home is 18 years. Builders in Quellin included: Saussy Burbank, Parker Orleans, Turnberry Homes, Lillian Floyd Homes, Arvida Mid-Atlantic Homes, MI Homes. View all Quellin homes for sale here.

 

Where Is Quellin Located In Waxhaw?

The Quellin neighborhood is situated between Hwy 16, Kensington Parkway and Waxhaw-Marvin Road, adjacent to Quellin, another high-demand neighborhood in this part of Waxhaw. Three more perennially popular neighborhoods are also minutes away: Cureton, which is virtually next door to Quellin;  Lawson, just up the road, across Hwy 16: while Millbridge is just minutes away across Kensington Parkway.

 

Quellin Neighborhood In Waxhaw NC Map

 

 

Cureton assigned to top rated Union County public schoolsTop Rated Union County Schools:

Quellin 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 Kensington Elementary School, Cuthbertson Middle School, and Cuthbertson High School. Carolina Schools Hub gives each of these schools a 10 out 10 rating. With Union County school assignments subject to change from year to year, parents should verify all school assignments

 

Cuthbertson High School is ranked #11 out of the top 25 public high schools in the Charlotte region. Cuthbertson Middle School is ranked #15 in the top 25 Charlotte region middle schools and the #3 best middle school in Union County. Kensington Elementary School is ranked as the 8th best public elementary school in Union County and #26 out of 293 elementary public schools in the Charlotte region. The Union County School District ranks #3 best in North Carolina. (School ratings from niche.com)

 
 
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.
 
 
 

Prime Waxhaw Location:

Quellin is close to the historic town of Waxhaw and the Cureton Shopping Center. It is also located just 15 minutes from the heart of Charlotte's trendy and popular 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 and the world-class Ballantyne Resort and Spa are also easily accessible from Cureton.  Quellin provides easy access to the Ballantyne Corporate Park, South Park, I-485, Matthews, Indian Land, Charlotte-Douglas Airport.

 

       Cureton Neighborhood in Waxhaw, NC Conveniently Located  

                                               Cureton Neighborhood In Waxhaw, NC close to parks and golf                                    

 

SEARCH ALL QUELLIN HOMES FOR SALE

 

SEARCH ALL WAXHAW AREA HOMES HERE

 

Find Waxhaw Homes For Sale

 

Did You Know...

Waxhaw is ranked as the 12th best suburb to live in in Charlotte metro area and the 24th best suburb in North Carolina?

  ... So why not check out...

 

 THE 12 HOTTEST SELLING NEIGHBORHOODS IN THE WAXHAW AREA

 

Hot Neighborhoods In Waxhaw, Weddington, Marvin NC

             

 

 

FREE Home Buyer Guide: “Things To Consider When Buying A Home”

 

WONDERING WHAT YOUR QUELLIN OR WAXHAW AREA HOME IS WORTH?

 

What's My Waxhaw Area Home Worth?

 

FREE Home Seller Guide: “Things To Consider When Selling Your House”

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE 

    

  Nina Hollander and Carolinas Realty Partners, Coldwell Banker Realty, are Greater Charlotte area residential real experts and Waxhaw/Weddington/Marvin area specialists. We've been opening doors for Waxhaw area and Quellin home buyers and sellers for 22+ years.

 

If you're considering selling or purchasing a home in the Waxhaw area or anywhere in the Charlotte metro 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."

 

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 

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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 (28)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Nina - the sellers market continues to go on in Waxhaw with no signs of change.

Jul 29, 2022 06:19 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Grant Schneider good morning, Grant... I don't see neighborhoods in Charlotte area's top school districts becoming buyer markets very soon. But we'll see soon enough.

Jul 29, 2022 06:21 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Wow. love that kitchen. Thank you for the great information in your blog today to share with us here on the Rain.  Make it a terrific day! bill

Jul 29, 2022 06:32 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bill Salvatore - East Valley thanks, Bill, for stopping by today... wishing you a fabulous Friday and a great weekend ahead.

Jul 29, 2022 06:40 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Nina, As always lots of information for consumers.  Interesting that you consider Quellin an intimate community with 262 houses. To us that's a nice size neighborhood!

Jul 29, 2022 06:45 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina and amazing the prices over the last couple of year and your reports are always interesting.  Make it a super day!

 

Jul 29, 2022 09:01 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

We are seeing a real flattening of the price portion of the market. The interest rates are starting to put a hold on prices. Still record high though.

Jul 29, 2022 09:37 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Nina,
Wow... I think I burned my eyeballs just reading about the hot market in the Quellin neighborhood. I'm going to get some eyedrops now! 😊

Jul 29, 2022 10:08 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, that is a huge increase in price, and when residents want to stay, that speaks volumes.

Jul 29, 2022 10:55 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Friday afternoon, Nina.

Have a great day and an outstanding weekend.

Jul 29, 2022 11:05 AM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Hi Nina- I don't remember reading about Quellin in Waxhaw before. However, it sounds like s really nice place to live. 

Jul 29, 2022 01:15 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... Quellin is a lovely community and I agree about its size. I live in a community with just under 350 homes and it also feels intimate.

Jul 29, 2022 02:20 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm thank you, Will... I agree... those price increases made my eyes bug out when I saw them.

Jul 29, 2022 02:21 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeffrey DiMuria 321.223.6253 Waves Realty hi Jeff... of course, this was for the quarter ending June 30th. I'll be very interested to see how the numbers look in another three months.

Jul 29, 2022 02:22 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Carol Williams hi Carol... I just about scorched my own eyeballs when I saw those prices in Quellin. Will be interesting to see how much things cool down in the next quarter.

Jul 29, 2022 02:23 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... this is the kind of neighborhood people move up to... so those who buy here tend to stay until their last kid is out of high school if not longer. Plus, it is just 262 houses.

Jul 29, 2022 02:24 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thanks, Roy, for popping by again and for the good wishes... I send you and Dolores my own good wished for a lovely weekend.

Jul 29, 2022 02:24 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib good "guess," Kathy. I haven't written about Quellin previously... it's been on my list for two years... finally got around to it.

Jul 29, 2022 02:25 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That graph certainly tells the story of where prices were and where they are now!

Jul 30, 2022 05:32 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England good morning, Brian... no one could say they don't understand what the trends have been based on that graph.

Jul 30, 2022 06:04 AM