Waxhaw Real Estate April 2024

 

 

WAXHAW HOMES’ LIST TO SALE PRICE RATIO JUST UNDER 101%

The April 2024 list to sale price ratio was 100.75%, up from 100.1% in the most recent month of March 2024. April’s list to sale price ratio increased from 99.72% in April one year ago. Waxhaw area buyers did not see big opportunities to negotiate on price in April 2024.

 

 

WAXHAW HOMES’ AVERAGE DAYS ON MARKET DOWN MONTH-OVER-MONTH & YEAR-OVER-YEAR

Average days on market in April 2024 were 15 days, declining 6 days from 21 days in in the previous month. Compared with April 2023, average days on market decreased 11 days from 25 days. Compared with April 2022, average days on market were 4 days higher in 2024. This was the lowest number of days on market the Waxhaw area has seen August 2022, when DOM were 12.

 

 

WAXHAW SALES UP MONTH-OVER-MONTH | DOWN YEAR-OVER-YEAR

Closed sales improved in April 2024 to 70, up 12.9% from 62 sales in the previous month and down 14.63% from April 2023 (82 sales). Compared with April 2022, this year saw 56 fewer closed sales. April’s closed sales in 2024 were at their highest level since August 2023, which saw 94 sales.

 

 

WAXHAW HOUSING INVENTORY UP MONTH-OVER-MONTH & YEAR-OVER-YEAR

Inventory of homes for sale in April 2024 stood at 352 properties, up 6.99% from 329 properties for sale one month ago. Inventory was 10% higher than in April one year ago (320 properties for sale). Inventory was higher compared with April 2022  (289 properties for sale). The April 2024 inventory was at its highest level compared with April 2023 and 2022. AT 5.03 months supply of inventory, Waxhaw moved into a balanced market between home sellers and buyers in April 2024.

 

 

NEW LISTINGS FLAT MONTH-OVER-MONTH | UP YEAR-OVER-YEAR

The number of new listings in April 2024 was 110, down one property compared with the most recent month.  New listings were 25% higher than the 88 new listings in April 2023. Compared with April 2022, new listings in 2024 were considerably lower by 30 properties.

 

 

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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 

 

 

FIND OUT MORE ABOUT THE WAXHAW | WEDDINGTON | MARVIN AREAS AND WHY PEOPLE LOVE LIVING THERE

 

Did You Know…

… Weddington is ranked as the 3rd best suburb to live in the Greater Charlotte area and the #1 best place to live in Union County?

… Marvin is ranked as the 5th best suburb to live in the Greater Charlotte area and the #3 best best place to raise a family in Greater Charlotte?

… Waxhaw is ranked as the 9th best suburb to live in the Greater Charlotte area and the 3rd best place to live in Union County?

 

… So why not check out…

HOT NEIGHBORHOODS IN THE WAXHAW AREA

 

 

SEARCH WAXHAW | WEDDINGTON | MARVIN AREA HOMES

 

 

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

 

WONDERING WHAT YOUR WAXHAW AREA HOME IS WORTH?

 

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

 

This Charlotte, North Carolina real estate monthly update for Waxhaw, Weddington, Marvin 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 since 1999.

 

If you’re considering selling or purchasing a home in the Waxhaw area or anywhere in the Charlotte metro 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.”

PREVIOUS WAXHAW REAL ESTATE REPORTS

Waxhaw Real Estate Report: March 2024

Waxhaw Real Estate Report: February 2024      Waxhaw Real Estate Report: January 2024