Waxhaw Real Estate Report: March 2021

Waxhaw Area/28173 Zip Code Home Sales Update March 2021

The Waxhaw area housing market remained a seller’s market in March 2021 with continued significant decreases in inventory. With 70.6% less inventory year-over-year and fewer new listings, average days on market decreased and home prices sky-rocketed. All of this kept the Waxhaw area a home sellers’ market.

Waxhaw Real Estate Report: February 2021

Waxhaw Area/28173 Zip Code Home Sales Update February 2021

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.

Waxhaw Real Estate Report: January 2021

Waxhaw (28173 Zip Code) Real Estate Report

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.

Waxhaw Real Estate Report: December 2020

Waxhaw Area/28173 Zip Code Housing Market Snapshot December 2020

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.

Waxhaw Real Estate Report: November 2020

Waxhaw Weddington Marvin Housing Market Snapshot November 2020

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.

Waxhaw Real Estate Report: October 2020

Waxhaw Housing Market Update October 2020

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.

Waxhaw Real Estate Report: September 2020

Waxhaw (28173 Zip Code) Housing Market Report September 2020

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.

Waxhaw Real Estate Report: June 2020

Waxhaw/ (28173 zip code) housing market snapshot june 2020

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.

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.

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.