Waxhaw (28173 Zip Code) Real Estate Report: September 2019

Waxhaw Housing Market Snapshot September 2019

Waxhaw (28173 zip code) real estate report/snapshot: September 2019. The Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 21.9% year-over-year) despite an increase (+16.4%) in new listings year-over-year. With continued tight inventory and decreasing days on market, Waxhaw homes are selling quickly and the area remains a seller’s market. Lack of inventory has driven up average home prices — +5.1% year-over-year, while median home sale prices increased 5.7% year-over-year. The months supply of homes dropped 25% in September versus the same month last year and resale home inventory is low at 2.4 months.

Indian Trail (28079 Zip Code) Real Estate Report: September 2019

Indian Trail Housing Market Report September 2019

Indian Trail (28079 zip code) real estate report/snapshot for September 2019. Indian Trail, NC area also includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County. The Indian Trail area saw an increase in both average (+5.4%) and median (+6.1%) home prices, as well as a significant increase in both closed and pending home sales. Despite an increase in new listings of 31.7% in September, Indian Trail saw a drop in the months supply of homes for sale to just 2.3 months (dropping from 2.8 months versus one year ago) and in inventory by 15.5% versus one year ago. With 26 average days on market and 8 median days on market in September, it’s clear that Indian Trail homes are selling quickly and about as quickly as new homes come on the market. At a median selling price of 99.1% of list price, not much room for buyers to negotiate.

Matthews (28105 Zip Code) Real Estate Report: September 2019

Matthews Real Estate Snapshot September 2019

Matthews (28105 zip code) real estate report/snapshot for September 2019. Matthews remained a seller’s market in Septemnber 2019 with the months supply of inventory remaining low at 2.1 months. Inventory was down 15% despite an increase in new listings of 18.6% in September. This, no doubt, contributed to the 52.3% increase in pending sales. Average sale prices of homes decreased 4% year-over-year to just under $300,000. Average days on market dropped 9 days to 38 days in September 2019 versus September 2018. With homes selling at 98.1% of asking price, buyers have minimal room to negotiate.

Ballantyne (28277 Zip Code) Real Estate Report: September 2019

Ballneyne Housing Market Report September 2019

Latest news on the Ballantyne real estate market and what it means for you. Average Ballantyne home sale prices increased 4.2% in September 2019 compared with the same month one year ago. This was the fourth consecutive month we saw an increase in home sale prices. Ballantyne homes continue to sell quickly with Median Days on Market just 14 days, down 10 days compared with one year ago. Closed sales increased 25.2%, while pending sales were up 24% in September year-over-year. The months supply of homes remained low at 1.8 months and a 26.9% drop in housing inventory kept Charlotte’s Ballantyne area/28277 zip code housing market a seller’s market.

Waxhaw (28173 Zip Code) Real Estate Report: August 2019

Waxhaw Area Housing Market Snapshot August 2019

Waxhaw (28173 zip code) real estate report/snapshot: August 2019. The Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued to see tight inventory (dropping 24.7% year-over-year) and a continued decrease (down 12.6%) in new listings year-over-year. With continued tight inventory and fewer new listings, Waxhaw area remains a seller’s market. Lack of inventory has driven up home prices — 4.4% for resale home year-over-year, while median home sale prices increased 10.6% year-over-year. The months supply of homes dropped 25% in August versus the same month last year and resale home inventory is low at 2.5 months.

Indian Trail (29079 Zip Code) Real Estate Report: August 2019

Indian Trail Housing Market Snapshot August 2019

Indian Trail (28079 zip code) real estate report/snapshot for August 2019. Indian Trail, NC area also includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County. The Indian Trail area saw a bit of a slowdown in the pace of home price increases in August. The drop in months supply of homes for sale to just 2.3 months (dropping 17.9% versus one year ago) and in inventory by 18.3% versus one year ago, contributed to a drop in closed sales versus August 2018. With 26 average days on market and 10 median days on market in August, it’s clear that Indian Trail homes are selling quickly and about as quickly as new homes come on the market. At a median selling price of 99.2% of list price, not much room for buyers to negotiate.

Matthews (28105 Zip Code) Real Estate Report: August 2019

Matthews Housing Market Snapshot August 2019

Matthews (28105 zip code) real estate report/snapshot for August 2019. Matthews remained a seller’s market in August 2019 with the months supply of inventory remaining low at 2.2 months. Inventory was down 13.2% despite an increase in new listings of 12.5% in August, no doubt contributing to increases in closed and pending sales. Average sale prices of homes increased 3.2% year-over-year. Days on market remained flat in August 2019 versus August 2018. Matthews homes continue to sell quickly — in 34 days on average and with median days on market at 9 days. With homes selling at 97.9% of asking price, buyers have minimal room to negotiate.

Ballantyne (28277 Zip Code) Real Estate Report: August 2019

Latest news on the Ballantyne real estate market and what it means for you: housing market snapshot for August 2019. Average Ballantyne home sale prices increased 10.3% in August 2019 compared with the same month one year ago. This was the third month in a row we saw a significant increase in home sale prices. Ballantyne homes continue to sell quickly with Median Days on Market 11 days, down 2 days compared with one year ago. Closed sales increased 21.8%, while pending sales were up 26.5% in August year-over-year. The months supply of homes remained low at 1.9 months and a 23% drop in housing inventory kept Charlotte’s Ballantyne area/28277 zip code housing market a seller’s market.

Indian Trail (29079 Zip Code) Real Estate Report: July 2019

Indian Trail Housing Market Snapshot July 2019

Indian Trail (28079 zip code) real estate report/snapshot for July 2019. Indian Trail, NC area also includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County. The Indian Trail area saw an increase in both average and median home prices year-over-year, as well as month-over-month. Prices continued to increase as the months supply of homes for sale dropped to just 2.3 months (dropping 17.9% versus one year ago) and as inventory dropped 18.7% versus one year ago. Lack of inventory also contributed to a drop in closed sales versus July 2018. Average days on market were down 7 days year-over-year and 11 days month-over-month to 27 days. With 27 average days on market and 13 median days on market in July, it’s clear that Indian Trail homes are selling quickly. At a median selling price of 98.3% of list price, not much room for buyers to negotiate.

Matthews (28105 Zip Code) Real Estate Report: July 2019

Matthews Housing Market Snapshot July 2019

Matthews (28105 zip code) real estate report/snapshot for July 2019. Matthews remained a seller’s market in July 2019 with the months supply of inventory remaining low at 2.3 months. Inventory was up slightly by 2.3%, but new listings increased 13.2% in July, no doubt contributing to increases in closed and pending sales and reversing the trend of the prior month of June. Average sale prices of homes increased (5.7%) year-over-year. Median prices also increased 4.3% versus July 2018. Although, days on market increased in July 2019, homes are still selling quickly — in under 30 days on average and with median days on market at 12 days. With homes selling at 98.1% of asking price, buyers have minimal room to negotiate.