What Happened In Waxhaw’s (28173 Zip Code) Housing Market In May 2019?

Waxhaw Area Housing Market Snapshot May 2019

Waxhaw housing market update and video for May 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 10.6%) in new listings year-over-year. With continued tight inventory, fewer new listings, lower days on market, Waxhaw area remains a seller’s market. Both closed and pending sales increased in May 2019 compared with May 2018.

Matthews (28105 Zip Code) Housing Report/Video: May 2019

Matthews, NC Housing Report May 2019

Matthews housing report/video for May 2019. Matthews remained a seller’s market in May 2019 with the months supply of inventory at 2.2 months. Inventory was up slightly, but new listings were down in May. Average sale prices of homes were flat compared with one year ago, but median prices were up 6.2%. Matthews saw a significant drop in days on market in May… homes are selling in 20 days on average and median days on market are less than one week at 6. With homes selling at 99% of asking price, buyers have virtually no room to negotiate.

Ballantyne (28277 Zip Code) Housing Market Update & Video: May 2019

Ballantyne Housing Market Snapshot May 2019

Ballantyne Housing Market Update/Video: May 2019. Average Ballantyne home sale prices increased slightly in May. Despite an increase in average and median days on market, homes continue to sell in under two months, on average. Pending sales were up 11.2% in May. The months supply of homes at 2 months and a 16.8% drop in housing inventory keeps the Ballantyne/28277 zip code housing market a seller’s market.

What Happened In Waxhaw’s (28173 Zip Code) Housing Market In April 2019?

Waxhaw Area Housing Market Report April 2019

Waxhaw Housing Market Update for April 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 and a continued decrease in new listings year-over-year, impacting closed sales negatively. On the positive side, pending sales improved by double digits compared with the same time period one year ago.

Matthews (28105 Zip Code) Housing Report/Video: April 2019

Matthews, NC Housing Market Update April 2019

Matthews housing report/video for April 2019. Home prices in Matthews, NC continued to increase in April 2019 with average home sale prices up 14.9% compared with April 2018. Both average and median home prices were up in April despite an increase in the days on market. Closed sales increased almost 45%, no doubt as a result of an increase of 45.8% in pending sales in March. New listings were down in April 2019.. Virtually no negotiating room for buyers on Matthews homes with sellers receiving 98.8% of asking price.

Ballantyne (28277 Zip Code) Housing Market Update & Video: April 2019

Ballantyne Housing Market Report April 2019

Ballantyne Housing Market Update/Video: April 2019. Average and median Ballantyne home sale prices saw a slight decrease in April. Despite an increase in days on market, homes are still selling in under two months on average. Pending sales were up 18.1% in April. The months supply of homes at 1.9 months and an 8.8% drop in new listings keeps the Ballantyne/28277 zip code housing market a seller’s market.

What Happened In Waxhaw’s (28173 Zip Code) Housing Market In March 2019?

Waxhaw Area Housing Market March 2019

Waxhaw Housing Market Update for March 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 coupled with a double digit decrease in new listings year-over-year, impacting sales negatively. On the positive side, pending sales improved by double digits compared with the same time period one year ago. Days on market, both average (also down by double digits) and median, were lower compared with March 2018.

Matthews (28105 Zip Code) Housing Report/Video: March 2019

Matthews, NC ousing Market Update March 2019

Matthews housing report/video for March 2019. Home prices in Matthews, NC continued to increase in March 2019 with average home sale prices up 14.5% compared with March 2018. Homes were selling faster with average and median days on market decreasing compared with one year ago. February’s increase in new listings no doubt contributed to an increase of 45.8% in pending sales. New listings and inventory were down in March 2019. Virtually no negotiating room for buyers on Matthews homes with sellers receiving 99.4% of asking price.

Ballantyne (28277 Zip Code) Housing Market Update & Video: March 2019

Ballantyne Housing Report March 2019

Ballantyne Housing Market Update/Video: March 2019. Average and median Ballantyne home sale prices saw an increase in March, at 4.3% and 4.6%, respectively. Despite an increase in days on market, homes are still selling in under two months on average. The months supply of homes at 2 months and an 11.8% drop in new listings keeps the Ballantyne/28277 zip code housing market a seller’s market.

Waxhaw (28173 Zip Code) Housing Market Update & Video: February 2019

Waxhaw Area Housing Report February 2019

Waxhaw Housing Market Update for February 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 and no increases in new listings impacting sales negatively. The months supply of homes in February decreased by almost a full month since January 2019. While closed sales were down 20% overall, closed sales of resale homes were down only 2%. Days on market continue to decrease in 2019. New construction homes continue to carry a big premium over resale homes, selling at about $77,000 more per home on average.