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Millbridge Homes In Waxhaw Sold At 100+% Of List Pirce: Qtr 2-2023

Real Estate Agent with Coldwell Banker Realty 179530

July 19, 2023 09:16 AM

Millbridge in Waxhaw, NC

Home Sales Report & Neighborhood Spotlight: Quarter 2 - 2023

Millbridge home sales held their own in Quarter 2-2023 both year-over-year and quarter-over-quarter. Compared with the Second Quarter 2022, average sale price was flat, while the median sale price declined by 3%. Quarter-over-quarter, average sale priced increased by $56,000. Median sale price increased by $38,000.

Year-over-year, the list to sale price ratio declined by 1%, but it was still just over 100%. The list to sale price ratio improved by 3.16% from the First Quarter 2023.

Days on market were 18 and essentially flat quarter-over-quarter, which saw 19 days on market. The number of properties sold was also flat quarter-over-quarter.

MILLBRIDGE HOME SALES SNAPSHOT: QUARTER 2- 2023

MILLBRIDGE 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!

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

Millbridge Children Attend Top Schools:

Millbridge children are served by some of the top schools in Union County, including Cuthbertson High School, Cuthbertson 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?

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."

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Mark Don McInnes, Sandpoint-Idaho

Sandpoint Realty LLC - Sandpoint, ID

North Idaho Real Estate - 208-255.6227

Top of the morning Nina. Charlotte continues to weather the ??? storm quite well. I used question marks in describing the storm for lack of something better than BS. lol Enjoy the rest of your week. mdm

Jul 19, 2023 09:36 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 cool this neighborhood was named Community of the year, not once but twice!

Jul 19, 2023 09:37 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Mark Don McInnes, Sandpoint-Idaho hi Mark... everyone kept predicting a market crash... clearly that has not happened. The market is gradually normalizing but until we have more than 1.3 months of inventory it will remain a strong market favoring sellers. Wishing you a wonderful Wednesday.

Jul 19, 2023 09:38 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Joan Cox hi Joan... Millbridge amenities are beyond amazing. We have a number of communities with excellent amenities, but Millbridge seems to top them all.

Jul 19, 2023 09:39 AM

Joan Cox

Denver, CO

Kathy Streib

Cypress, TX

Home Stager/Redesign

Hi Nina- what I love about your market reports for Millbridge Homes in Waxhaw is that it is so thorough. We have a good idea not just of what's going on but about the community as well.

Jul 19, 2023 12:33 PM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Kathy Streib thanks, Kathy. I feel if I'm going to go to the trouble of doing market reports, they should be like a 3-course meal and not just an appetizer. For those looking for an appetizer, they can get it here. But for those who want to know more, they get everything. And of course, if they didn't they can always call me.

Jul 19, 2023 12:50 PM

Endre Barath, Jr.

Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA

Realtor - Los Angeles Home Sales 310.486.1002

Nina when I say Days on market like this, I just shake my head no time to do anything it comes on the market you better be ready to pull the trigger, Endre

Jul 19, 2023 04:28 PM

Nina Hollander, Broker

Charlotte, NC

Patricia Feager, MBA, CRS, GRI,MRP

DFW FINE PROPERTIES - Flower Mound, TX

Selling Homes Changing Lives

Nina Hollander, Broker - 100% at list is a good sign because it appears to be more normal and it isn't going backwards but rather forward to continue home sales for the right reasons and right price.

You are a great REALTOR!

Jul 19, 2023 05:21 PM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Endre Barath, Jr. good morning, Endre. We clearly have neighborhoods that are in huge demand and in short supply. But even the 16-county Charlotte region has nothing to apologize for. In June our DOM were 29 days and those days were down 5 days from May, which were down 5 days from April.

Jul 20, 2023 04:07 AM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Patricia Feager, MBA, CRS, GRI,MRP thanks for making my day with your comment! At the end of the day, if there's little inventory and your price, stage, and market a home right, it will sell at a premium.

Jul 20, 2023 04:08 AM

Patricia Feager, MBA, ...

Flower Mound, TX

Patricia Feager, MBA, CRS, GRI,MRP

Nina Hollander, Broker - I concur. I'm reminded of one of Frank Sinatra's last great song, "My Way." Regrets, I've had a few, to few to mention... I did it my way.

Jul 20, 2023 05:01 AM

Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

Hi Nina:

I really like the combination of market data, analysis and the overview of what makes Millbridge such a popular community. What a great resource for buyers.

Jeff

Jul 20, 2023 12:58 PM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Jeff Dowler, CRS thanks, Jeff... I've sold to people who contacted me because they felt I knew a lot about specific neighborhoods. And I don't think just doing numbers would have gotten that response.

Jul 20, 2023 02:58 PM

Myrl Jeffcoat

Sacramento, CA

Greater Sacramento Realtor - Retired

Millbridge home buyers and sellers are sure to value your real estate market report, Nina.

Jul 20, 2023 07:31 PM

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Myrl Jeffcoat good morning, Myrl... thanks for popping by. Wishing you a fabulous Friday!

Jul 21, 2023 04:48 AM

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

I am always impressed by your efforts here - do you plug in new numbers from past posts? You are so efficient with these.

Jul 21, 2023 06:08 AM

Nina Hollander, Broker

Charlotte, NC

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Lise Howe hi Lise... yes. I have the basic template and I just update numbers and update whatever else needs an update outside of the numbers each month.

Jul 21, 2023 06:11 AM

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Millbridge Homes In Waxhaw Sold At 100+% Of List Pirce: Qtr 2-2023

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