Hunter Oaks Home Sales Q3-2024
Hunter Oaks Home Sales Q3-2024
Real Estate Report & Community Spotlight
Hunter Oaks home sales Q3-2024 saw an increase in both average and median home sale prices compared with the same quarter in 2023. Average and median home sale prices declined from the most recent quarter ended June 30, 2024, part of which could well be due to the price mix of homes sold in the most recent quarter. The price per square foot increased 1% to $234 from Quarter 3-2023.
The list to sale price ratio declined 1% year-over-year and declined 3.1% quarter-over-quarter to 101%. Despite the decline, Hunter Oaks home buyers did not see many opportunities to negotiate on sale price in Q3-2024.
The number of properties sold declined 25% to six compared with the same quarter one year ago and declined 50% from one quarter ago. Hunter Oaks saw four new listings in Q3-2024, a 100% increase from one year ago. The number of properties for sale increased 25% year-over-year to 10.
Despite the increase in the number of properties for sale, the months supply of inventory in Q3-2024 remained low at 1.67 months. Hunter Oaks remained in home seller “territory” in Q3-2024.
While days on market (DOM) declined 91% to just four from the same quarter one year ago. Days on market declined by six days from the most recent quarter ended June 30, 2024.
HUNTER OAKS HOME SALES: QUARTER 3- 2024 SNAPSHOT
HUNTER OAKS HOME SALES: QUARTER 2- 2024 SNAPSHOT
HUNTER OAKS HOME SALES: QUARTER 1- 2024 SNAPSHOT
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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 south of 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 public high school in Union County and #9 best public high school in North Carolina. According to state test scores 93% of students are proficient in math and reading. Marvin Ridge Middle School ranks as the #4 best public middle school in Union County and #14 out of 140 public middle schools in the Charlotte region. Marvin Ridge Middle School ranks in the top 3% of North Carolina public middle schools. According to state test scores, 89% of students are proficient in math and 86% in reading. Rea View Elementary ranks in the top 20 public elementary schools in the Charlotte region out of 295 elementary public schools and is also ranked as the #3 best public elementary school in Union County. Rea Vue Elementary School ranks in the top 3% of North Carolina public elementary schools. According to state test scores, 89% of students are proficient in math and 87% in reading. (Rankings by niche.com)
Do top schools make a difference when buying or selling a home? The answer is a YES!
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. 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 with Coldwell Banker Realty, Greater Charlotte area residential real estate expert and Hunter Oaks neighborhood specialist. I’ve been opening doors in Hunter Oaks and Waxhaw since 1999.
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.”
