Waxhaw Real Estate February 2024

 

 

WAXHAW HOMES LIST TO SALE PRICE RATIO REBOUNDED IN FEBRUARY TO 100+%

The February 2024 list to sale price ratio was 100.36%, up from 97.54% in the previous month of January and up from 98.03% in February one year ago. Waxhaw area buyers did not see big opportunities to negotiate on price in February 2024.

 

 

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

Average days on market in February 2024 were 36 days, declining four days from 40 days in in the previous month. Compared with February 2023, average days on market decreased 25 days from 61 days. Compared with February 2022, average days on market were 19 days higher in 2024. 

 

 

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

Closed sales improved in February 2024 to 50, up 42.86% (35 sales) in the previous month and down 9.09% from February 2023 (55 sales). Compared with February 2022, this year saw 26 fewer closed sales.

 

 

WAXHAW HOUSING INVENTORY UP 

Inventory of homes for sale in February 2024 stood at 324 properties, up 5.54% from 307 properties in the previous month of January. Inventory was 1.25% higher than in February one year ago. Inventory was also higher compared with February 2022  (279 properties for sale).

 

 

NEW LISTINGS INCREASED A SECOND CONSECUTIVE MONTH

The number of new listings in February 2024 was 79, increasing 31.67% from 60 new listings in the previous month of January.  New listings were 51.92% higher than the 52 new listings in February 2023. Compared with February 2022, new listings in 2024 were lower by five 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”

 

THINKING OF SELLING YOUR HOME?

CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE

 

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.”

 

Waxhaw Real Estate Report: January 2024