Hunter Oaks Neighborhood in Charlotte's Waxhaw Area
Real Estate Report & Community Spotlight: Quarter 1 - 2023
Hunter Oaks was already seeing a softening in home sale prices in the Third and Fourth Quarters of 2022. Home prices continued the softening trend in Quarter 1 - 2022 with the average sale price down 13% and median sale price down 15% compared with the most recent three months of sales activity in Hunter Oaks. Although home prices have softened, the list to sale price ratio was still a very respectable 97.9% with two of the five homes that sold, selling at over 100% of list price.
Inventory remained tight with just five homes selling in the first quarter. Days on market increased significantly to 81 days (compared with 6 days in the fourth quarter 2022). It should be noted that one of the five homes that sold in the first quarter was on the market 202 days, which seriously skewed the days on market. The other four homes averaged 41 days on market, which is in-line with what we are seeing in the Waxhaw area as a whole.
HUNTER OAKS HOME SALES SNAPSHOT: QUARTER 1 - 2023
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Median Sale Price History For Homes In Hunter Oaks
WHAT'S SPECIAL ABOUT LIVING IN HUNTER OAKS IN WAXHAW, NC?
Hunter Oaks is a mature and quiet neighborhood in the Waxhaw/Marvin area approximately two miles from south Charlotte's upscale Ballantyne area.
Hunter Oaks: What Schools Will The Kids Attend?
Hunter Oaks families are served by some of the top public schools in Union County and in the Charlotte metro area, including Marvin Ridge High School, Marvin Ridge Middle School, and Rea View Elementary. Any number of private and parochial schools are also nearby.
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.
Hunter Oaks: Prime Location Near Ballantyne
Hunter Oaks in Waxhaw, NC is located minutes from Charlotte's trendy and popular Ballantyne area. All the shopping you could want is within minutes of the neighborhood, including two large outdoor shopping centers (Blakeney and Stonecrest) which feature grocery shopping, high-end boutiques, spas, casual and fine dining restaurants, movie theatres, etc. Carolina Place Mall and Carolinas Medical Center/Pineville are less than five miles away. Ballantyne Village, is also easily accessible. All the major medical practices in Charlotte maintain offices in Ballantyne, as well. Also nearby are Trader Joe's, Ballantyne Country Club, Piper Glen Club, horseback riding facilities, and so much more. The new Waverly Place in south Charlotte is virtually around the corner from Hunter Oaks.
The Hunter Oaks neighborhood also provides easy commuting to the Ballantyne Corporate Park, South Park, I-485, Matthews, Fort Mill, Charlotte-Douglas Airport.
HUNTER OAKS IS ONE OF 10 HOT WAXHAW NEIGHBORHOODS
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This Charlotte, North Carolina real estate update for Hunter Oaks homes sales in Waxhaw is provided by Nina Hollander and Carolinas Realty Partners, Coldwell Banker, Greater Charlotte area residential real estate experts and Waxhaw neighborhood specialists. We've been opening doors in Hunter Oaks for 24+ years.
If you're considering selling or purchasing a home in Hunter Oaks or anywhere in the Greater Charlotte 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."
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