Weddington Chase Neighborhood in Waxhaw, NC
Real Estate Report & Neighborhood Spotlight
Chase saw a definite softening in its home sales numbers in the Fourth Quarter 2022, both year-over-year and quarter-over-quarter. In the Fourth Quarter only average sale prices improved slightly (+2%) compared with the same quarter one year ago. Median sale prices, the list to sale price ratio, and average days on market all showed a negative trend. Compared with the Third Quarter 2022, the Fourth Quarter also had a negative shift, with both average and median home sale prices lower, list to sale price ratio down about 3.5%. and days on market up 20 days.
For the year ended December 31, 2022, Weddington Chase saw an overall increase in home prices, although clearly moderating. List to sale price ratio was down 4% for the year. While days on market increased to 12, they were still low overall. It would not be unreasonable to assume that this moderating trend in home prices and list to sale ratio, as well as higher days on market will continue in the foreseeable future.
WEDDINGTON CHASE HOME SALES SNAPSHOT: 2022
WEDDINGTON CHASE HOME SALES SNAPSHOT: QUARTER 4 -2022
MEDIAN SALE PRICE TRENDS FOR HOMES IN WEDDINGTON CHASE
(12 Month Rolling Average)
To track sales in Weddington Chase "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Weddington Chase home sales.
LIVING IN WEDDINGTON CHASE
Weddington Chase is a 295 home, vibrant neighborhood in the Waxhaw/Marvin area. Developed and built by John Wieland Homes beginning in 2001, Weddington Chase 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, an active Neighborhood Association, a strong sense of community spirit and quiet, tree-lined streets complete with sidewalks and cul-de-sacs.
TOP RATED SCHOOLS
Not to be overlooked are some of Charlotte regions top-rated public schools that serve the Weddington Chase neighborhood: Rea View Elementary School, Marvin Ridge Middle School, and Marvin Ridge High School.
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 2023, as it was in 2022. Marvin Ridge Middle School ranks as the #2 best public middle school in Union County and in the top 15 public middle schools in the Charlotte region. Rea View Elementary ranks in the top 20 public elementary schools in the Charlotte region out of 292 elementary public schools and is also ranked as the #2 best public elementary school in Union County. (Rankings by 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 LOCATION + RESORT-STYLE AMENITIES
Weddington Chase's prime location in the upscale Marvin/Waxhaw area puts every convenience easily within reach. And with its resort-style amenities and plenty of neighborhood activities, this community is the perfect choice for today’s active families. Weddington Chase community amenities include a fabulous club house, outdoor pool, fitness center, playground, tennis courts, walking trails, pond, and more.
Weddington Chase Club House
As you drive through its gently winding streets, you immediately sense why Weddington Chase is known as one of Waxhaw area's premier neighborhoods. Home exteriors reflect time-honored tastes. Architectural details display a superior level of attention by John Wieland Homes, long recognized as one of Charlotte’s top luxury home builders. Larger home sites comfortably accommodate spacious homes with lots of greenery creating privacy without compromising a sense of neighborliness. John Wieland Homes have won over 600 awards for quality, which is one reason Wieland neighborhoods and homes are always in demand in the Charlotte area.
Did You Know...
Marvin is ranked as the #3 best suburb to live in in Charlotte metro area and the 7th best suburb in North Carolina?
Waxhaw is ranked as the 12th best suburb to live in in Charlotte metro area and the 20th best suburb in North Carolina?
... So why not check out...
THE 10 HOTTEST SELLING NEIGHBORHOODS IN THE WAXHAW AREA
(Weddington Chase is one of the 10 hottest selling neighborhoods in Waxhaw area)
SEARCH ALL WAXHAW | WEDDINGTON | MARVIN AREA HOMES
FREE Home Buyer Guide: “Things To Consider When Buying A Home”
WONDERING WHAT YOUR WEDDINGTON CHASE OR WAXHAW AREA HOME IS WORTH?
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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 Weddington Chase 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 how:
"The Right Broker Makes All The Difference."
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