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.
Video Update: Waxhaw Housing Market: April 2019
Waxhaw, NC Remained A Seller’s Market in April 2019
Average sale price of Waxhaw area homes increased in April 2019 by 12.5% to just over $487,000 compared with the same period one year ago.
Median sale price for Waxhaw area homes in April 2019 increased 1.4% versus one year ago to $421,200.
Average days on market for property listings in Waxhaw area were 76 days in April 2019 — up 3 days compared with one year ago.
Median days on market were 27 days in April 2019 (up 9 days compared with one year ago).
Average price per square foot for Waxhaw area homes increased by $8 per square foot to $136/square foot in April 2019 versus the same period in 2018,
Pending salesin Waxhaw area increased 18.6% in April 2019 versus the same month last year.
Closed sales in Waxhaw area decreased 2.2% in April 2019 compared with the same month one year ago.
New listings in Waxhaw area decreased 6.3% versus April 2018.
Months supply of inventory stood at 3 months, down 21.1% versus April 2018.
Percent of original list price sellers received for their homes was 97.4%, showing little negotiating room in the 28173 zip code for homes in Waxhaw, Weddington, and Marvin.
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If you’re thinking about selling your Waxhaw area home, let’s get together and discuss the supply conditions in the Waxhaw/Weddington/Marvin neighborhoods and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.
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Note: If you don’t see your subdivision or complex, or the data looks incomplete, it’s because there weren’t enough properties sold in a given year.
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This Charlotte, North Carolina real estate monthly update for Waxhaw is brought to you by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Waxhaw/Weddington/Marvinspecialists and Charlotte metro area residential real estate experts. We’ve been opening doors for Waxhaw, Weddington, and Marvin home buyers and sellers for 20+ years.
If you’re considering selling or purchasing a home in the Waxhaw/28173 zip code area, I’d love an opportunity to earn your business, exceed your expectations, and to show you how: