Union County Real Estate Talk

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Lawson in Waxhaw NC--2010 Real Estate Market Update

Lawson in Waxhaw NC—2010 Real Estate Market Update

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

Over 500 acres of rolling and wooded land with a third preserved in common areas.  Lawson in Waxhaw NCMiles of walking trails.  A community amenity center that evokes the historic Howard’s Mill once located on the site.  This is Lawson, a neighborhood with a variety of home styles and price ranges near historic Waxhaw NC.

Lawson includes both resale homes and new construction.  Union County’s newest middle and high school are adjacent on Cuthbertson Road.  Shopping and restaurants are also conveniently located near by along Providence Road in Waxhaw.

How did the 2010 real estate market in Lawson compare with the 2009 market in the neighborhood?  The table below shows median values for several characteristics of the marketplace.  The number of homes sold increased from 18 sales in 2009 to 21 sales in 2010.  Median prices decreased 7.9% while the median square footage remained essentially the same.  Median days on market tripled while the list-to-sale ratio increased slightly.

Lawson Real Estate Market Comparison

Single Family Homes

Lawson Market Update Median Closed Price Median Home Square Footage Median Days on Market Median List to Sale Ratio
Year 2009 $357,500 3616 41 94%
Year 2010 $329,000 3661 138 97%

Source:  Carolina Multiple Listing Service

Lawson Types of Closed Sales

The Lawson real estate market remained fairly healthy with sales divided evenly between resale homes and new construction.  Foreclosures and short sales accounted for only 14% of the marketplace.

Lawson Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 9 42.8%
New Construction 9 42.8%
Foreclosure 1 4.7%
Short Sale 2 9.7%

Source:  Carolina Multiple Listing Service 

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

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

 


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