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Quellin in Waxhaw NC--2010 Real Estate Market Update

Quellin in Waxhaw NC—2010 Real Estate Market Update

Click here for an update to the 2011 real estate market in Quellin.

Whether you are looking for a full-brick transitional home or a craftsman-style home with a big front porch, you’ll love the homes in Quellin. Quellin in Waxhaw NC Quellin is a pretty neighborhood in Waxhaw NC built from 2003 to 2007.  Shopping is nearby at the Cureton Town Center and quaint historic downtown Waxhaw with its farmers market, shops and community festivals is just a couple of miles away.

How did the 2010 real estate market in Quellin compare with the 2009 market in the neighborhood?  The table below shows median values for several characteristics of the marketplace.  Thirteen single family homes sold in the neighborhood in 2010 compared with 14 in 2009. 

Quellin Real Estate Market Comparison

Single Family Homes

Both median closed prices and median square footage dropped in 2010.  This means that smaller, less expensive homes were selling in Quellin in 2010.  Buyers paid about 2% less on a square footage basis in 2010 over 2009.  Median days on market increased over 55% in 2010 while the list to sale ratio increased slightly to 97%.

Quellin
Single Family Market Update
Median Closed Price Median Home Square Footage Median Days on Market Median List to Sale Ratio
Year 2009 $345,750 4078 67 95%
Year 2010 $315,000 3405 104 97%

Source:  Carolina Multiple Listing Service

Quellin Types of Closed Sales

Almost 70% of Quellin sales in 2010 were market resales.  Foreclosures and short sales accounted for the remaining 4

sales.  There is no new construction in the neighborhood.

Quellin Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 9 69.2%
New Construction n/a n/a
Foreclosure 1 7.6%
Short Sale 3 23.2%

Source:  Carolina Multiple Listing Service 

Read more about Quellin, its community amenities, builders and public schools: Quellin in Waxhaw NC:  Homes for Sale and Neighborhood Profile

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 2011.  Carol Fox.  Allen Tate Realtors.  *Quellin in Waxhaw NC—2010 Real Estate Market Update*

 


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Carol Fox of Allen Tate Realtors has helped people find the right homes and neighborhoods in Charlotte North Carolina's best small towns for twenty five years.

Call Carol Fox at 704-905-3935

to list your property for sale or to purchase a home in

Matthews NC, Mint Hill NC and the small towns of Union County NC, including Stallings NC, Indian Trail NC, Weddington NC, Waxhaw NC, Lake Park NC, Marvin NC, Wesley Chapel NC and Monroe NC.

Want to know the value of your Union County NC home?

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Quellin in Waxhaw NC--Homes for Sale and Neighborhood Profile
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Quellin in Waxhaw NC—Homes for Sale and Neighborhood Profile Click here for a 2010 real estate market update for Quellin A great location near shopping and schools. An opportunity to live near historic downtown Waxhaw NC. Quellin in… more