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Waxhaw's Millbridge Neighborhood Home Prices Softened In Qtr 1-2023

By
Real Estate Agent with Coldwell Banker Realty 179530

Millbridge in Waxhaw, NC

Home Sales Report & Neighborhood Spotlight: Quarter 1 - 2023

 

Millbridge home sales softened in Quarter 1-2023 compared with the three most recent months. Both average and median home sale prices decreased, as did the list to sale price ratio.  Home sales were down 53%, but much of that is attributable to the fact that new construction has wound down considerably since 2021 as the neighborhood nears completion. The days on market also increased, but at 19 days on market, on average, homes are still selling quickly.

 

MILLBRIDGE HOME SALES SNAPSHOT: QUARTER 1 - 2023

 

Millbridge neighborhood in Waxhaw home sales snapshot Quarter 1-2023

 

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

 

WHY IS WAXHAW'S MILLBRIDGE ONE OF GREATER CHARLOTTE  AREA'S MOST DESIRED COMMUNITIES?

 
 
It's All About The Lifestyle In Millbridge!
 
Millbridge Community In Waxhaw, NCNamed 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.
 
 
Millbridge In Waxhaw Community of The YearMore 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
 
 
 
 

  
Millbridge Children Attend Top Schools:
 
 
Millbridge children are served by some of the top schools in Union County, including Cuthbertson High SchoolCuthbertson Middle School, and Kensington Elementary School. Carolina Schools Hub gives each of these schools a 10 out 10 rating.
 
 
Newer sections of Millbridge are served by Waxhaw Elementary School, Parkwood Middle School, and Parkwood High School.
 
 
Also nearby are Central Academy of Technology and Arts and Union Day Charter School. With Union County school assignments subject to change from year to year, parents should verify all school assignments. 
 

Cuthbertson High School is ranked #10 out of the top 25 public high schools in the Charlotte area. Cuthbertson Middle School is ranked #13 in the top 25 Charlotte area public middle schools. Kensington Elementary School is ranked  #22 out of 292 elementary public schools in the Charlotte area. The Union County School District is ranked the #3 best district 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.
 
 
 

 

MILLBRIDGE ONE OF WAXHAW AREA'S 10 HOTTEST NEIGHBORHOODS

 

 

SEARCH ALL MILLBRIDGE HOMES FOR SALE 

 

SEARCH ALL WAXHAW, NC HOMES FOR SALE 

 

WONDERING WHAT YOUR MILLBRIDGE HOME IS WORTH IN TODAY'S MARKET?

 

Find out what your home is worth

 

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

 

 If you're considering purchasing or selling a home in Millbridge, contact Nina Hollander/Carolinas Realty Partners with Coldwell Banker Realty.

 

If you're buying, we have the complete inventory list of homes for sale in Millbridge and can also assist you with building a new home.

 

If you're selling, let's get together and discuss the supply conditions in Millbridge and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.

 

Let us 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
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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.

 

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Nina. You present a pretty picture of the Waxhaw Millbridge  neighborhood. Homes move quickly and supply is scarce. So, those looking should contact you for assistance. Enjoy your day.

Apr 12, 2023 05:15 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Wayne Martin hi Wayne... Millbridge is a lovely neighborhood with some of the most amazing amenities in the Charlotte region.

Apr 12, 2023 05:20 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It sounds like there is an enjoyable lifestyle to be had in Millbridge!

Apr 12, 2023 05:31 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England hi Brian... the amenities in Millbridge totally sell the neighborhood and have for years.

Apr 12, 2023 05:36 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, With your description of  Millbridge being an idyllic neighborhood, that says it all for me. And, a 9,000 sq ft Community House adds to the appeal! 

Apr 12, 2023 05:50 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... that clubhouse at Millbridge is simply beyond! We have some very nice clubhouses in many of our neighborhoods, but this one is really unique.

Apr 12, 2023 05:53 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Millridge seems to be holding its value well.  Some communities have that touch, with their amenities. that people want. Great information. Thanks for sharing and have a wonderful day! bill

Apr 12, 2023 06:27 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, it this the first report with the home values decreasing?   That is unusual for your area.   Great report for Millbridge.

Apr 12, 2023 06:34 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bill Salvatore - East Valley when a community is in a great location with great amenities and schools, people never tire of living there.

Apr 12, 2023 06:34 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox no, it's not. Some of our communities went crazy with prices so I'm not surprised they are moderating somewhat.

Apr 12, 2023 06:36 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

It seems, while still a seller's market, buyers (at least) have some time to breathe and make a decision. 

Apr 12, 2023 07:17 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeffrey DiMuria 321.223.6253 Waves Realty hi Jeff... time to breath is quickly diminishing. I've made three offers for three clients since start of April... all in multiple offers and within 24 hours of listing. 

Apr 12, 2023 08:12 AM
Roy Kelley
Retired - Gaithersburg, MD

Families considering a move to the area will love your outstanding local community reports.

Apr 12, 2023 08:29 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thanks again, Roy, for taking time to stop by today and leaving me a comment.

Apr 12, 2023 08:40 AM