Waxhaw, NC (28173 Zip Code) Housing Market Report: October 2023

By
Real Estate Agent with Coldwell Banker Realty 179530

LATEST NEWS ON THE WAXHAW |  WEDDINGTON | MARVIN HOUSING MARKET...

WHAT YOU NEED TO KNOW...

 

Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington)-- included the following in October 2023:

  • Closed home sales increased from September 2023, but declined year-over-year.

  • The list to sale price ratio was just under 100% at 99.1%, limited the ability of homes buyers to negotiate on price.

  • Median sale price declined from September, but increased 6.65% compared with October 2022.

  • Average sale price declined both month-over-month and year-over-year.

  • Average days on market decreased to 18 days from September's 35 days. This was the lowest number of days on market since August 2022.

  • Waxhaw housing inventory decreased from one month ago and from one year ago.

  • New listings declined for a sixth consecutive month and were 33.01% lower year-over-year.

 

FOR THE FULL REPORT ON THE WAXHAW HOUSING MARKET IN OCTOBER 2023, CLICK HERE

 

WAXHAW AREA HOUSING MARKET HIGHLIGHTS

OCTOBER 2023

Waxhaw (28173 Zip Code) Housing Market Trends Report October 2023

 

 

Want to know what this would mean for your family if you're planning to buy or sell a Waxhaw area home?

Curious about the real estate market in Greater Charlotte?

I can help.

Call me today at 704-779-0813 or contact me here.

There’s absolutely NO OBLIGATION

A consultation with Nina Hollander is FREE.   

 

MORE INFORMATION ABOUT THE WAXHAW HOUSING MARKET'S PERFORMANCE

 

MORE INFOMATION ABOUT THE WEDDINGTON HOUSING MARKET'S PERFORMANCE

 

MORE INFORMATION ABOUT THE MARVIN HOUSING MARKET'S PERFORMANCE 

                 

 

Did You Know...

Weddington is ranked as the 5th best suburb to live in in Charlotte metro area and the 8th best suburb in North Carolina?

Marvin is ranked as the 3rd 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 WAXHAW | WEDDINGTON | MARVIN

 

Hot Selling Neighborhoods In Waxhaw, NC

         

 SEARCH ALL WAXHAW | WEDDINGTON | MARVIN AREA HOMES

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FREE Home Buyer Guide: “Things To Consider When Buying A Home”

 

WONDERING WHAT YOUR WAXHAW AREA HOME IS WORTH?

What's My Waxhaw Area Home Worth?

 

FREE Home Seller Guide: “Things To Consider When Selling Your House”

 

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

 

Median Home Price Trends In Waxhaw | Weddington | Marvin

 

This Charlotte, North Carolina real estate monthly update for the Waxhaw area is provided by  Nina Hollander, Coldwell Banker Realty, Greater Charlotte  residential real expert and Waxhaw/Weddington/Marvin area specialist. I've been opening doors for Waxhaw area home buyers and sellers for 25 years.

 

If you're considering selling or purchasing a home in the Waxhaw area 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."

 

 

 

Read the original post at www.GreatHomesInCharlotte.com

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.

 

Comments (12)

Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

The Waxhaw area is typical of other areas of the country with inventory still low; homes selling near asking; number of units slod down from previous years but prices still higher.

Nov 26, 2023 06:56 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ed (Edward) Silva, 203-206-0754 hi Ed... it seems to be a one verse song for quite some time now!

Nov 26, 2023 07:04 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, Yes the Waxhaw housing market, is pretty much like everywhere else. It's the same old story we read about in so many other places across the country!

Nov 26, 2023 07:19 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... all things considered, the Waxhaw market remains strong and favors sellers more than buyers.

Nov 26, 2023 07:42 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina, sorry miss you this past week while on vacation.  Thank you for sharing the market report with us today!

 

Nov 26, 2023 07:48 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Not only is this a nice strong market, but buyers actually have a minute to take a breath and decide on a house. Nice. 

Nov 26, 2023 07:49 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm no worries, Will. Trust you had a nice Thanksgiving break and are looking forward to a terrific new week.

Nov 26, 2023 08:20 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeffrey DiMuria 321.223.6253 Waves Realty hi Jeff... well, kind of like maybe. The last three houses I showed in Waxhaw to a client were gone in two days each.

Nov 26, 2023 08:21 AM
Roy Kelley
Retired - Gaithersburg, MD

Families considering a move to the area will appreciate your local real estate reports. I shared this on on Twitter.

Nov 26, 2023 09:43 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thanks, Roy, for the share on Twitter. Maybe it will lead to someone who wants to sell their Waxhaw area home to call me.

Nov 26, 2023 11:13 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You may not find this funny, but when I see Waxhaw, I think of wax on, wax off in the Karate Kid movie, haha.

Nov 27, 2023 03:06 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England good morning, Brian. I believe actually there was a wax on/wax off advertisement decades ago ahead of that movie.

Nov 27, 2023 04:55 AM