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*

Quellin in Waxhaw NC—Homes for Sale and Neighborhood Profile

A great location near shopping and schools.  An opportunity to live near historic downtown Waxhaw NC.  Quellin in Waxhaw NC is the perfect neighborhood to find a home with upgraded features and lots of space for all your needs. 

Built between 2003 and 2007, Quellin offers a variety of exterior styles, including full brick transitional homes and craftsman-style homes with welcoming front porches.  Interiors features extensive millwork, gourmet kitchens with upgraded cabinetry and granite countertops, and wood flooring.  Square footage ranges from 3000 square feet to 5000 square feet.

Quellin can be found off Waxhaw-Marvin Road.  Shopping is nearby at the Cureton Town Center.  Kensington Elementary School is just a mile away.  Quaint downtown Waxhaw NC offers unique shops, a farmers market and festivals throughout the year.

Quellin Community Features

Community Amenities:  Quellin Homeowners Association, clubhouse, swimming pool, playground, walking trails

Builders:  Saussy Burbank, Turnberry, MI Homes

Schools:  Kensington Elementary, Cuthbertson Middle, Cuthbertson High.  School assignments are subject to change.  Check with the Union County Public Schools for current school assignments. 

Quellin Real Estate Market Update

January to December 2009

Single Family Homes

Homes Sold:   14 homes

Prices:    $300,000 to $452,000      Average Sales Price:  $361,850

Average Square Feet:  3971            

Average Days on Market:   142

Source:  Carolina Multiple Listing Service

Quellin Homes for Sale

Click here to see Quellin homes for sale.

Ever wonder what your Quellin home is worth?

Click here to receive a free market evaluation.

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Quellin in Waxhaw NC—Homes for Sale and Neighborhood Profile*

Anklin Forrest in Waxhaw NC—Homes for Sale and Neighborhood Profile

Master craftsmanship.  Custom brick homes with stone and stucco accents.  A small neighborhood where every home is unique.  You can find your dream home in Anklin Forrest in Waxhaw NC.

Construction began in Anklin Forrest in 2006 and continues today.  You can find a resale home or have a new home custom-built just for you.  Homes in the neighborhood range from approximately 2400 square feet to over 4000 square feet.  Pricing is from the low $300,000s to over $500,000.

Anklin Forrest is located off Waxhaw-Marvin Road near downtown Waxhaw NC.  Shopping and restaurants are conveniently located nearby along Providence Road.  Historic Waxhaw NC is also nearby with quaint shops, restaurants, and a farmers market. 

Anklin Forrest Community Features

Community Amenities:  Anklin Forrest Homeowners Association, clubhouse, swimming pool

Builders:  The Williams Company, James Custom Homes

Schools:  Kensington Elementary, Cuthbertson Middle, Cuthbertson High.  School assignments are subject to change.  Check with the Union County Public Schools for current school assignments. 

Anklin Forrest Real Estate Market Update

January to December 2009

Single Family Homes

Homes Sold:   6 homes

Prices:    $337,000 to $435,000      Average Sales Price:  $389,333

Average Square Feet:  3289            

Average Days on Market:   164

Source:  Carolina Multiple Listing Service

Anklin Forrest Homes for Sale

Click here to see Anklin Forrest homes for sale.

Ever wonder what your Anklin Forrest home is worth?

Click here to receive a free market evaluation.

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Anklin Forrest in Waxhaw NC—Homes for Sale and Neighborhood Profile*

Cureton in Waxhaw NC—Homes for Sale and Neighborhood Profile

Cureton is the newest walkable neighborhood in Waxhaw NC, once an historic railroad town in a rural setting of horse farms and rolling farmland.  Located on 380 acres at the intersection of Providence and Cuthbertson Roads just north of downtown Waxhaw, Cureton is designed to be a mixed use development of retail shops, offices and homes.  The neighborhood, consisting of both single family homes and townhomes, has something for everyone.

Walk to the grocery store or one of the restaurants in the retail center.  Enjoy the 4000 sq. ft. amenity center at the entrance to the neighborhood.  Walking trails through the natural areas separating the residential villages provide more opportunities for walking and enjoying the outdoors.

Cureton has both resale homes and new construction.  Villages include single family homes of various price points and townhomes.  Exteriors are accented with front porches and stone and shingle accents.

Cureton Community Features

Community Amenities:  Cureton Homeowners Association, Clubhouse with library, kitchen and fitness center; swimming pool, playground, walking trails

Builders:  MI Homes, Standard Pacific, Cunnane Group, Turnberry, Zar Custom Homes

Schools:  Kensington Elementary, Cuthbertson Middle, Cuthbertson High.  School assignments are subject to change.  Check with the Union County Public Schools for current school assignments. 

Cureton Real Estate Market Update

January to December 2009

Single Family Homes

Homes Sold:   39 homes

Prices:    $205,000 to $531,070      Average Sales Price:  $286,171

Average Square Feet:  3062            

Average Days on Market:   110

Townhomes

Homes Sold:  14

Prices:  $128,000 to $178,876   Average Sales Price:  $156,997

Average Square Feet:  1308

Average Days on Market:  111

Source:  Carolina Multiple Listing Service

Cureton Homes for Sale

Click here to see Cureton homes for sale.

Ever wonder what your Cureton home is worth?

Click here to receive a free market evaluation.

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Cureton in Waxhaw NC—Homes for Sale and Neighborhood Profile*

Lawson in Waxhaw NC—Homes for Sale and Neighborhood Profile

Why is Lawson’s community clubhouse and amenity center reminiscent of a historic mill?  The answer to this question is found in the history of the land where this Waxhaw NC neighborhood is under construction.  In fact, the developers named the community after John Lawson, an English naturalist who followed an ancient Indian trading path to the land of the Waxhaw Indians and in 1701 described the area as “Lower Providence, a land set apart.”

Lawson’s developers asked the Trading Paths Association to evaluate the land prior to development.  The TPA discovered a place called “Five Forks”, which was the spot where five ancient roads met above a mill site called Howard’s Mill.  It is believed that a small settlement thrived at Five forks in the mid-1700s.

Lawson’s master plan encompasses over 500 acres of rolling wooded land preserving a third of the acreage in common areas.  These common areas containing miles of walking/hiking trails and natural parks buffer the individual neighborhoods within Lawson.  The ruins of the 19th century Howard’s Mill and other archeological finds are included in these common areas.

Lawson is located on Cuthbertson Road just a few miles from shopping centers along Providence Road and quaint historic downtown Waxhaw.  The new Cuthbertson Middle and High Schools complex is located a short distance from the neighborhood.

A variety of homes can be found in Lawson from small patio homes and ranches with lawn maintenance included to executive homes with more than 4000 square feet.  Ryland and Orleans are still building new homes in the neighborhood.

Lawson Community Features

Community Amenities:  Lawson Homeowners Association, Millhouse Clubhouse with fitness center, winter lodge, and nature center; swimming pool with water slide; tennis courts; playground

Builders:  Ryland, St. Lawrence, Shea, Orleans

Schools:  Kensington Elementary, Cuthbertson Middle, Cuthbertson High.  School assignments are subject to change.  Check with the Union County Public Schools for current school assignments. 

Lawson Real Estate Market Update

January to December 2009

Single Family Homes

Homes Sold:   17 homes

Prices:    $250,000 to $455,898      Average Sales Price:  $355,426

Average Square Feet:  3515            

Average Days on Market:   135

Source:  Carolina Multiple Listing Service

Lawson Homes for Sale

Click here to see Lawson homes for sale.

Ever wonder what your Lawson home is worth?

Click here to receive a free market evaluation.

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Lawson in Waxhaw NC—Homes for Sale and Neighborhood Profile*

Millbridge in Waxhaw NC—Homes for Sale and Neighborhood Profile

Where can you find the Charlotte area’s only covered bridge, complete with mill and functioning water wheel?  The answer is at the entrance to Millbridge in Waxhaw NC.  The covered bridge leads you over 12-mile Creek into the 920-acre Millbridge subdivision, a mixed use development with sidewalks, parks, common squares and greenways plus over 250 acres of green space and trails.

Millbridge is a very young neighborhood that when finished will have over 2200 single family homes.  Three builders currently offer homes in the neighborhood.  Bonterra Builders have three types of homes.  The Executive Series are homes priced from the $240,00s to the $280,000s.  The Manor Series homes are priced from the $270,000s to $300,000 and the Village Series includes ranches and patio homes priced from the $170,000s to the $220,000s.  Mattamy offers homes priced under $230,000 and from the $230,000s to the $250,000s.

Millbridge is located in the historic Town of Waxhaw NC.  The entrance is off Kensington Drive allowing convenient access to the Cureton Shopping Center with its grocery store, restaurants and bank as well as other shops, including a home improvement store, along Highway 16.  The neighborhood is adjacent to Kensington Elementary School and a short distance from the quaint buildings and shops of downtown Waxhaw.

Millbridge Community Features

Community Amenities:  Millbridge Homeowners Association, clubhouse with fitness center, movie theater room, kitchen; pools; Town Park with soccer fields, baseball fields, playground and picnic areas

Builders:  Bonterra Builders, Mattamy Homes, Ryland

Schools:  Kensington Elementary, Cuthbertson Middle, Cuthbertson High.  School assignments are subject to change.  Check with the Union County Public Schools for current school assignments. 

Millbridge Real Estate Market Update

January to December 2009

Single Family Homes

Homes Sold:   25 homes

Prices:    $199,990 to $355,407      Average Sales Price:  $273,995

Average Square Feet:  3191            

Average Days on Market:   100

Source:  Carolina Multiple Listing Service

Millbridge Homes for Sale

Click here to see Millbridge homes for sale.

Ever wonder what your Millbridge home is worth?

Click here to receive a free market evaluation.

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Millbridge in Waxhaw NC—Homes for Sale and Neighborhood Profile*

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*

Waxhaw NC Autumn Treasures Festival This Weekend

Historic downtown Waxhaw NC is the site for the 6th annual Autumn Treasures Festival on October 11th and 12th.  Festival organizers expect 10,000 visitors to stroll the streets of Waxhaw where 75 arts and crafts vendors will display their wares.  Musicians will perform throughout the event on the Main Stage near the railroad tracks.  The Kidz Zone at Waxhaw United Methodist Church will offer indoor activities for children.  Festival hours are from 10am-6pm on Saturday and noon-6pm on Sunday.

Click here to enjoy photographs from last year's festival in downtown Waxhaw NC.

Learn more about Waxhaw NC, one of Charlotte North Carolina's best small towns.

Copyright 2009.  Carol Fox.  Allen Tate Real Estate.  *Waxhaw NC Autumn Treasures Festival This Weekend*

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*