Waxhaw Real Estate March 2024

 

 

WAXHAW HOMES LIST TO SALE PRICE RATIO REMAINED ABOVE 100+%

The March 2024 list to sale price ratio was 100.1% equal to that in the previous month of February and up from 98.93% in March one year ago. Waxhaw area buyers did not see big opportunities to negotiate on price in March or February 2024.

 

 

WAXHAW HOMES’ AVERAGE DAYS ON MARKET DOWN MONTH-OVER-MONTH & YEAR-OVER-YEAR

Average days on market in March 2024 were 21 days, declining 15 days from 36 days in in the previous month. Compared with March 2023, average days on market decreased 20 days from 41 days. Compared with March 2022, average days on market were eight days higher in 2024. 

 

 

WAXHAW SALES UP MONTH-OVER-MONTH | DOWN YEAR-OVER-YEAR

Closed sales improved in March 2024 to 62, up 24% (50 sales) in the previous month and down 21.52% from March 2023 (79 sales). Compared with March 2022, this year saw 31 fewer closed sales.

 

 

WAXHAW HOUSING INVENTORY FLAT 

Inventory of homes for sale in March 2024 stood at 327 properties, essentially flat compared with the prior month when inventory stood at 325 properties for sale. Inventory was 1.8% lower than in March one year ago (333 properties for sale). Inventory was higher compared with March 2022  (277 properties for sale).

 

 

NEW LISTINGS INCREASED A THIRD CONSECUTIVE MONTH

The number of new listings in March 2024 was 111, increasing 38.75% from 80 new listings in the previous month of February.  New listings were 19.35% higher than the 93 new listings in March 2023. Compared with March 2022, new listings in 2024 were lower by nine properties.

 

 

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MORE INFORMATION ABOUT THE WAXHAW HOUSING MARKET’S PERFORMANCE

 

MORE INFOMATION ABOUT THE WEDDINGTON HOUSING MARKET’S PERFORMANCE

 

MORE INFORMATION ABOUT THE MARVIN HOUSING MARKET’S PERFORMANCE 

 

 

FIND OUT MORE ABOUT THE WAXHAW | WEDDINGTON | MARVIN AREAS AND WHY PEOPLE LOVE LIVING THERE

 

Did You Know…

… Weddington is ranked as the 3rd best suburb to live in the Greater Charlotte area and the #1 best place to live in Union County?

… Marvin is ranked as the 5th best suburb to live in the Greater Charlotte area and the #3 best best place to raise a family in Greater Charlotte?

… Waxhaw is ranked as the 9th best suburb to live in the Greater Charlotte area and the 3rd best place to live in Union County?

 

… So why not check out…

HOT NEIGHBORHOODS IN THE WAXHAW AREA

 

 

SEARCH WAXHAW | WEDDINGTON | MARVIN AREA HOMES

 

 

FREE Home Buyer Guide: “Things To Consider When Buying A Home,”

 

WONDERING WHAT YOUR WAXHAW AREA HOME IS WORTH?

 

FREE Home Seller Guide: “Things To Consider When Selling Your House”

 

This Charlotte, North Carolina real estate monthly update for Waxhaw, Weddington, Marvin is provided by Nina Hollander, Coldwell Banker Realty, Greater Charlotte residential real expert and Waxhaw/Weddington/Marvin area specialist. I’ve been opening doors for Waxhaw area home buyers and sellers since 1999.

 

If you’re considering selling or purchasing a home in the Waxhaw area or anywhere in the Charlotte metro area, I’d love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:

 “The Right Broker Makes All The Difference.”

PREVIOUS WAXHAW REAL ESTATE REPORTS

Waxhaw Real Estate Report: February 2024      Waxhaw Real Estate Report: January 2024