Weddington Chase Real Estate Report: 2024 Recap
Weddington Chase Real Estate Report 2024
Weddington Chase Home Sales Snapshots For 2024 & Each Quarter In 2024
Weddington Chase home sales in 2024 saw average and median home sale prices improve 9% and 10%, respectively, year-over-year. Days on market declined 56% to 11 compared with 2023. The price per square foot rose 13% to $245 in 2024 from the prior year. Home sellers realized 101.3% in list to sale price ratio, which was unchanged from the same time frame one year ago. 13 properties sold in 2024, up 30% from one year ago. Year-over-year, the months supply of inventory declined 3.4% to less than half a month at 0.46 months. Despite the increase in inventory, with homes selling quickly, sale prices up, days on market down, and list to sale price ratio over 101%, Weddington Chase remained a home seller’s market in 2024.
WEDDINGTON CHASE 2024 HOME SALES
Weddington Chase home sales in Q4-2024 saw average and median home sale prices improve 12% and 18%, respectively, compared with the same quarter one year ago. Days on market declined 56% to 8. The price per square foot rose 10% to $248 in Quarter 4-2024 compared with Quarter 4-2023. Home sellers realized 98.6% in list to sale price ratio, which was a 2% increase from the same time frame one year ago. Five properties sold in Quarter 4-2024, up 67% from one year ago The months supply of inventory declined 49% to 1.2 months in the final quarter of 2024 compared with the same quarter one year. Despite the increase in inventory, with homes selling so quickly, sale prices up, days on market down, and list to sale price ratio up, it’s clear that Weddington Chase was a home seller’s market in Quarter 4-2024.
WEDDINGTON CHASE HOME SALES QUARTER 4-2024 SNAPSHOT
WEDDINGTON CHASE HOME SALES QUARTER 3-2024 SNAPSHOT
WEDDINGTON CHASE HOME SALES QUARTER 2-2024 SNAPSHOT
WEDDINGTON CHASE HOME SALES QUARTER 1-2024 SNAPSHOT
MEDIAN SALE PRICE TRENDS FOR HOMES IN WEDDINGTON CHASE
(12 Month Rolling Average)
To track sales in Weddington Chase “real time,” click here for my Neighborhood Analyzer Report and sign up to automatically receive reports on Weddington Chase home sales.
LIVING IN WEDDINGTON CHASE
Weddington Chase is a 295 home, vibrant neighborhood in the Waxhaw/Marvin area. Developed and built by John Wieland Homes beginning in 2001, Weddington Chase homes range in price from $750,000 to over $1 million. Home sizes range from about 3,000 square feet to over 6,000 square feet. Homes are primarily two-story, but also three story and basement homes. Weddington Chase is a prestigious neighborhood, known for its upscale homes, scenic surroundings, and wonderful amenities. Nestled amidst the serene landscapes of Union County, Weddington Chase offers residents a perfect balance of luxury living and natural beauty.
Weddington Chase offers wonderful amenities, an active Neighborhood Association, a strong sense of community spirit and quiet, tree-lined streets complete with sidewalks and cul-de-sacs. Weddington Chase residents enjoy a wealth of amenities designed to cater to their recreational and social needs. The community clubhouse serves as the focal point for gatherings and events, featuring a fitness center, swimming pool, and multipurpose spaces for socializing and entertaining. Additionally, Weddington Chase offers tennis courts, playgrounds, and walking trails, providing ample opportunities for outdoor recreation and leisure activities for residents of all ages.
Not to be overlooked are some of Charlotte regions top-rated public schools that serve the Weddington Chase neighborhood: Rea View Elementary, Marvin Ridge Middle, and Marvin Ridge High Schools.
The neighborhood’s prime location in the upscale Marvin/Waxhaw area puts every convenience easily within reach. And with its resort-style amenities and plenty of neighborhood activities, this community is the perfect choice for today’s active families. Community amenities include a fabulous club house, outdoor pool, fitness center, playground, tennis courts, walking trails, pond, and more.
Weddington Chase Club House
As you drive through its gently winding streets, you immediately sense why Weddington Chase is known as one of Waxhaw area’s premier neighborhoods. Home exteriors reflect time-honored tastes. Architectural details display a superior level of attention by John Wieland Homes, long recognized as one of Charlotte’s top luxury home builders. Larger home sites comfortably accommodate spacious homes with lots of greenery creating privacy without compromising a sense of neighborliness. John Wieland Homes have won over 600 awards for quality, which is one reason Wieland neighborhoods and homes are always in demand in the Charlotte area.
Did You Know…
Marvin is ranked as the 3rd best suburb to live in in Charlotte metro area and the 7th best suburb in North Carolina?
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Nina Hollander with Coldwell Banker Realty, is a Greater Charlotte area residential real estate expert and a Waxhaw/Weddington/Marvin area specialist. I’ve been opening doors for Waxhaw/Weddington/Marvin area and Weddington Chase home buyers and sellers since 1999.
If you’re considering selling or purchasing a home in the Waxhaw area or anywhere in the Greater Charlotte area, I’d love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:
