waxhaw weddington marvin nc housing market update

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

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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

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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.

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

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Waxhaw Housing Market Snapshot July 2019

Waxhaw (28173 zip code) real estate report/snapshot: July 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 24.5% year-over-year) and a continued decrease (down 3%) 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 — 8.1% for resale home year-over-year. July 2019 saw both closed and pending sales up.

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

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Waxhaw Housing Snapshot June 2019

Waxhaw housing market update and video for June 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 26.1% year-over-year) and a continued decrease (down 9.3%) in new listings year-over-year. With continued tight inventory and fewer new listings, Waxhaw area remains a seller’s market. Lack of inventory is putting a strain on closed sales.

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

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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.

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

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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.

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

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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.

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

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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.

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

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Waxhaw, NC area home sales January 2019

Waxhaw Housing Market Update for January 2019. Home sales in the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) saw a change in the trends of 2018 with both home prices and price per square foot decreasing in January 2019, while new listings increased by 50.8% after decreasing by double digits in December 201 . Nonetheless, housing Inventory remains low, especially in affordable homes. With pending sales increasing by 21.6% in January 2019, it remains to be seen if this is the start of a new trend or a “winter respite.”

Waxhaw (28173 Zip Code) Housing Market Update & Video: December 2018

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Waxhaw, NC Housing Market Update

Waxhaw Housing Market Update for December 2018. home sales in the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) continued the trends we’ve seen all year. Home prices increased in December. Inventory remains low, especially in affordable homes. New listings were down double digits in December. New construction sales remain a driving force in the Waxhaw area housing market.