The Waxhaw area housing market remained a seller’s market in February 2021 with continued significant decreases in inventory. With 70.6% less inventory year-over-year and fewer new listings, average days on market decreased, as did closed sales. All of this kept the Waxhaw area a home sellers’ market.
The Waxhaw area housing market remained a seller’s market in January 2021 with continued significant decreases in inventory. With 62.9% less inventory and fewer new listings, average home sale prices increased and days on market decreased. All of this kept the Waxhaw area a home sellers’ market.
The Waxhaw area housing market remained a seller’s market in December 2020 with continued decreases in inventory. With 60.8% less inventory despite an increase in new listings, average home sale prices increased and days on market decreased. All of this kept the Waxhaw area a home sellers’ market.
The Waxhaw area housing market remained a seller’s market in November 2020 with continued decreases in inventory. With 55% less inventory despite an increase in new listings, home sale prices increased substantially and days on market decreased significantly. All of this kept the Waxhaw area a home sellers’ market.
The Waxhaw area housing market remained a seller’s market in October 2020 with continued decreases in inventory. With 51.3% less inventory, home sale prices increased and days on market decreased. The median percent of asking price that home sellers realized also increased. All of this kept the Waxhaw area a home sellers’ market.
The Waxhaw area housing market remained a seller’s market in September 2020 with continued decreases in inventory. With 50% less inventory, home sale prices increased as did average and median prices of homes sold. The percent of asking price that home sellers realized also increased. All of this kept the Waxhaw area a home sellers’ market.
The pandemic continued to impact the Waxhaw area housing market in June 2020 with continued decreases in inventory. With less inventory, home sale prices increased, days on market and months supply of inventory decreased, while the percent of asking price that home sellers realized increased. All of this kept the Waxhaw area a home sellers’ market.
It’s still tight inventory in the Waxhaw area, encompassing the towns of Waxhaw, Weddington, and Marvin in the 28173 zip code. COVID-19 restrictions in May impacted inventory, closed sales, new listings — all of which were down significantly in May. With less inventory, home sale prices increased, days on market decreased, and the percent of asking price that home sellers remained high. Pending sales increased slightly.
It’s still tight inventory in the Waxhaw area, encompassing the towns of Waxhaw, Weddington, and Marvin in the 28173 zip code. COVID-19 restrictions in April impacted inventory, closed and pending sales, new listings, home showings — all of which were down significantly in April. With less inventory, home sale prices increased, days on market decreased, and the percent of asking price that home sellers realized increased.
It’s still tight inventory in the Waxhaw area, encompassing the towns of Waxhaw, Weddington, and Marvin in the 28173 zip code. New construction inventory was significantly down (35%) in March 2020. Resale inventory was also significantly down (22.5%) in March year-over-year. Both average and median home sale prices decreased in February year-over-year, as did closed and pending sales. Days on market were sharply down.
