Union County Real Estate Talk

Waxhaw NC Real Estate Market Report—2009

How did the Waxhaw NC real estate market fare in 2009 and how did it compare with 2008? 

The Waxhaw NC single family home market in 2009 declined in average price and number of homes sold, reflecting what happened to the Charlotte NC market as a whole.  Average prices were off 14% and the number of sales was off 19%.  Single family home sellers waited an average of 11% longer to sell their homes.

The townhome market in Waxhaw was stronger than the single family home market in 2009.  Average prices were only off 6% and there were 58% more sales during 2009 than in 2008.  Average days on the market were the same for both years.

Waxhaw NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Waxhaw NC for single family homes in 2008 and 2009 plus each 2009 quarter.

Single Family Homes in Waxhaw NC

2008 Average Sales Price:  $372,503      2009 Average Sales Price:  $319,902    Year-to-Year Change:  -14%

2008 Number of Homes Sold:  254        2009 Number of Homes Sold:  205      Year-to-Year Change:  -19%

2008 Average Days on Market:  117        2009 Average Days on Market:  130      Year-to-Year Change:  +11%

Townhomes and Condominiums in Waxhaw NC

2008 Average Sales Price:  $157,134      2009 Average Sales Price:  $146,624     Year-to-Year Change:  -6%

2008 Number of Homes Sold:  12          2009 Number of Homes Sold:  19       Year-to-Year Change:  +58%

2008 Average Days on Market:  113      2009 Average Days on Market:  112     Year-to-Year Change:  no significant change

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Waxhaw NC 2009

The most active Waxhaw NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Cureton

Anklin Forrest

Lawson

Quellin

Millbridge

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Waxhaw NC Real Estate Market Report—2009*

How did Waxhaw NC real estate market activity in the third quarter of 2009 compare with the second quarter 2009? 

This post will summarize third quarter 2009 real estate sales in Waxhaw NC plus compare changes in sales data with second quarter 2009 results.  The chart shows average sales prices in Waxhaw NC for 2008 and each quarter of 2009.

Waxhaw NC Real Estate Market Report--2009 Third Quarter Data and Change from 2009 Second Quarter

Single Family Homes in Waxhaw NC

Number of Sales:  56

Change from second quarter:  no change

Average Price:  $353,734

Change from second quarter:  +9%

Average Days on Market:  139

Change from second quarter:  -6%

Current Active Listings:  203

Change from second quarter:  -3%

Most Active Neighborhoods:  Lawson, Providence Grove, Cureton

Townhomes and Condominiums in Waxhaw NC

Number of Sales:  5

Change from second quarter:  no change

Average Price:  $136,148

Change from second quarter:  -16%

Average Days on Market:  83

Change from second quarter:  -17%

Current Active Listings:  7

Change from second quarter:  no change

Most Active Neighborhoods:  Cureton, Alma Village

Source:  Carolina Multiple Listing Service

Compare with the Waxhaw NC 2008 Real Estate Market

Copyright 2009.  Carol Fox.  *Waxhaw NC Real Estate Market Report--July to September 2009*

How did Waxhaw NC real estate market activity in the second quarter of 2009 compare with the first quarter 2009? 

This post will summarize second quarter 2009 real estate sales in Waxhaw NC plus compare changes in sales data with first quarter 2009 results.

Waxhaw NC Real Estate Market Report--2009 Second Quarter Data and Change from 2009 First Quarter

Single Family Homes in Waxhaw NC

Number of Sales:  57

Change from first quarter:  +96%

Average Price:  $322,491

Change from first quarter:  +1%

Average Days on Market:  149

Change from first quarter:  +18%

Current Active Listings:  211

Change from first quarter:  -14%

Most Active Neighborhoods:  Cureton, Millbridge

Townhomes and Condominiums in Waxhaw NC

Number of Sales:  5

Change from first quarter:  no change

Average Price:  $162,929

Change from first quarter:  +22%

Average Days on Market:  101

Change from first quarter:  -38%

Current Active Listings:  8

Change from first quarter:  no change

Most Active Neighborhoods:  Cureton

Source:  Carolina Multiple Listing Service

Compare with the 2008 Waxhaw NC 2008 Real Estate Market.

Copyright 2009.  Carol Fox.  *Waxhaw NC Real Estate Market Report--Second Quarter 2009*

What happened in the Waxhaw NC real estate market during April and May of 2009?

This post will summarize first quarter real estate sales in Waxhaw NC plus compare average sold prices with 2008 closed prices.

Waxhaw NC Real Estate Market Report--April to May 2009

Single Family Homes in Waxhaw NC

Number of Sales:  31

Price Range:  $116,000 to $784,000

Average Heated Area:  3184 sq.ft.

Average Price:  $323,767

Average 2008 Price:  $307,668    Change: +4%

Average Days on Market:  143

Number of Contracts Pending:  42

Most Active Neighborhood:  Cureton

Current Active Listings on Market:  225

Townhomes and Condominiums in Waxhaw NC

Number of Sales:  2 

Price Range:  $152,350 to $158,975

Average Heated Area:  1395

Average Price:  $155,662

Average 2008 Price:  $157,134    Change:  -less than 1%

Average Days on Market:  188

Number of Contracts Pending:  5

Most Active Neighborhood:  Cureton

Current Active Listings on Market:  8

Source:  Carolina Multiple Listing Service

Compare with the 2008 Waxhaw NC real estate market.

Learn more about homes and neighborhoods in Waxhaw NC.

Copyright 2009.  Carol Fox.  *Waxhaw NC Real Estate Market Report--April to May 2009* 

What happened in the Waxhaw NC real estate market during the first three months of 2009?

This post will summarize first quarter real estate sales in Waxhaw NC plus compare average sold prices with 2008 closed prices.

Waxhaw NC Real Estate Market Report--January to March 2009

Single Family Homes in Waxhaw NC

Number of Sales:  29

Price Range:  $167,000 to $682,500

Average Heated Area:  3194 sq.ft.

Average Price:  $319,179

Average 2008 Price:  $307,668    Change: +3%

Average Days on Market:  126

Number of Contracts Pending:  22

Most Active Neighborhood:  Cureton

Current Active Listings on Market:  248

Townhomes and Condominiums in Waxhaw NC

Number of Sales:  6 

Price Range:  $100,000 to $151,330

Average Heated Area:  1288 sq.ft.

Average Price:  $132,605

Average 2008 Price:  $157,131    Change:  -15%

Average Days on Market:  163

Number of Contracts Pending:  2

Most Active Neighborhood:  Cureton

Current Active Listings on Market:  8

Source:  Carolina Multiple Listing Service

Compare with the 2008 Waxhaw NC Real Estate Market. 

Learn more about real estate and living in Waxhaw NC.

Copyright 2009.  Carol Fox.  *Waxhaw NC Real Estate Market Report--January to March 2009*

Do you want to know how the Waxhaw NC real estate market fared in 2008?

This post will summarize the 2008 real estate sales for the town as a whole plus report on the most active neighborhoods within the Town of Waxhaw.

2008 Real Estate Market Report for Waxhaw NC

Single Family Homes

Number of Sales:  156   Price Range:  $84,000 to 644,990   Average Heated Area:  2815  sf   Average Price:  $307,668   Average Days on Market: 109

Townhouses and Condos

Number of Sales:  12  Price Range:  $118,000 to $180,850   Average Heated Area:  1334 sf   Average Price:  $157,134   Average Days on Market:  113

Most Active Neighborhoods in Waxhaw NC 2008

Single Family Neighborhoods

Harrison Park  Years Built:  2002-2008

Number of Sales:  22   Price Range:  $102,275 to $188,000   Average Heated Area:  1946 sf   Average Price:  $140,887  Average Days on Market:  89

Schools 2008-09:  Waxhaw Elementary, Parkwood Middle, Parkwood High

Hermitage Place   Years Built:  1994-2002

Number of Sales:  8   Price Range:  $156,500 to $202,000   Average Heated Area:  1759 sf   Average Price:  $178,000   Average Days on Market: 84                        Schools 2008-09:  Waxhaw Elementary, Parkwood Middle, Parkwood High

Prescot   Years Built:  2007-2008

Number of Sales:  14   Price Range:  $215,000 to $375,000  Average Heated Area:  2680 sf   Average Price:  $289,469   Average Days on Market:  119

Schools 2008-09:  Kensington Elementary, Marvin Ridge Middle, Marvin Ridge High

Cureton   Years Built:  2006-2008

Number of Sales:  40   Price Range:  $247,000 to $644,990   Average Heated Area:  3398 sf   Average Price:  $369,453  Average Days on Market:  143

Schools 2008-09:  Kensington Elementary, Marvin Ridge Middle, Marvin Ridge High

Quellin   Years Built:  2004-2007

Number of Sales:  14  Price Range:  $288,000 to $450,000   Average Heated Area:  3458 sf   Average Price:  $372,071   Average Days on Market:  112

Schools 2008-09:  Kensington Elementary, Marvin Ridge Middle, Marvin Ridge High

Anklin Forrest  Years Built:  2007-2008

Number of Sales:  29   Price Range:  $395,000 to $562,315   Average Heated Area:  3369 sf   Average Price:  $472,243   Average Days on Market:  45

Schools 2008-09:  Kensington Elementary, Marvin Ridge Middle, Marvin Ridge High

Townhouse/Condo Neighborhoods

Cureton   Years Built:  2007-2008

Number of Sales: 12   Price Range:  $142,635 to $180,850   Average Heated Area:  1282 sf   Average Price:  $167,845   Average Days on Market:  96

Schools 2008-09:  Kensington Elementary, Marvin Ridge Middle, Marvin Ridge High

Learn more about Waxhaw NC schools:

Union County Schools:  Just How Good Are They?

Want to know more about the Waxhaw NC real estate market and Waxhaw NC neighborhoods?

Visit www.CarolinaSmallTownLiving.com.

Copyright 2009. Carol Fox.  All rights reserved.  "Waxhaw NC 2008 Real Estate Market Report"