Waxhaw Real Estate Report: January 2023

Waxhaw Area/28277 Zip Code Housing Market Update January 2023

Waxhaw area real estate market in January 2023 saw a 13th 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 also increased. Median and average sale prices were down year-over-year and month-over-month. New listings were at their lowest level in three years with the exception of December 2022.