Waxhaw Real Estate Report: February 2023

Waxhaw Area/28173 zip code housing market update for February 2023

Waxhaw area real estate market in February 2023 saw a 14th consecutive month of lower closed sales, indicating buyers are taking a step back, due to a combination of higher home prices, higher interest rates, and economic uncertainty. Days on market increased. Median and average sale prices increased year-over-year and month-over-month. New listings were at their lowest level in three years with the exception of December 2022.