Real Estate Agent with Coldwell Banker Realty 179530
Millbridge in Waxhaw, NC
Home Sales Report & Neighborhood Spotlight:
Millbridge home sales remained robust throughout 2022 with both average and median sale prices increasing for the year ended December 31, 2022. What softening we saw in 2022 was a 1% decrease in the list to sales price ratio and an increase in average days on market to 17 days. Home sales were down 30%, but much of that is attributable to the fact that new construction has wound down considerably since 2021 as the neighborhood nears completion.
Much of the softening we saw in the Millbridge market not surprisingly came about in Quarter 4-2022. While average and median sale prices increased somewhat, they were down compared with Quarter 3-2022. The list to sale price ratio was also lower in the Fourth Quarter and average days on market were higher, which were 12 days higher in the last three months of the year as compared with average days on market for the entire year.
WHY IS WAXHAW'S MILLBRIDGE ONE OF GREATER CHARLOTTE AREA'S MOST DESIRED COMMUNITIES?
It's All About The Lifestyle In Millbridge!
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.
The Carolina Thread Trail, a regional network of green ways, trails, and blue ways also runs through Millbridge and with a new cross-state suspension bridge connecting the Twelve Mile Greek Greenway in Waxhaw, NC with the Twelve Mile Creek Trail in Lancaster, SC there are now four continuous miles of pathway to walk and explore.
The $6 million, 9,000 square foot Community House is a state-of-the-art facility with outdoor fireplace, fitness center, cafe with coffee bar and baked goods, movie theatre, catering kitchen and more. The Community House offers lectures, movies, workshops and tutoring, as well as a free book-swap program, library and kids' corner with video games and foosball table. The full-time Lifestyle Director organizes many community events including summer camps, game nights, educational programs.
Community amenities in MiIlbridge include a fantastic pool pavilion with Jr. Olympic pool, water slide, splash pool, lazy river. There's also a children's playground and basketball Airnasium. The adjacent 40-acre Nesbit Park offers soccer and baseball fields and picnic areas.
Cane Creek Park is close-by, featuring camping areas, a 300 acre lake for swimming, fishing, canoeing, and trails for biking and horseback riding.
Love to golf? There are nine golf courses within 10 miles of Millbridge.
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.
Located an easy 15 minutes drive from south Charlotte's prestigious Ballantyne area with its limitless amenities, 30 minutes from Charlotte's South Park Mall, and 45 minutes from Uptown Charlotte, MillBridge is perfectly situated to provide a beautiful country setting close to all the amenities and conveniences of sophisticated city life.
More Recognition And Awards For Millbridge:
In April 2019, Millbridge was named the 2019 Community of the Year by the Home Builders Association of Greater Charlotte. In April 2018 Millbridge received three of the Home Builders Association of Greater Charlotte’s major achievement in market excellence (MAME) awards: (1) Developer of the Year, (2) Marketing Professional of the Year, and (3) the Best Sales Environment award.
No wonder they say that Millbridge is not just a neighborhood, but a destination!
What Kind Of Homes Will You Find In Millbridge?
Millbridge homes have been built by some of Charlotte, North Carolina area's top builders, including Ryland Homes, Ryan, Mattamy, Centex, Pulte, Essex Homes, beginning in 2008. New homes in two new sections of Millbridge are currently being built by DR Horton and Lennar.
Millbridge homes range in size from approximately 1,800 square feet to over 5,000 square feet. Home prices can ranges from the mid-$300,000's to the high $600,000's.
Median Home Sale Price Trends For Millbridge Homes
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