Union County Real Estate Talk

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Anklin Forrest in Waxhaw NC--2010 Real Estate Market Update

Anklin Forrest in Waxhaw NC—2010 Real Estate Market Update

Quality craftsmanship is the hallmark of homes in Anklin Forrest, a Waxhaw NC neighborhood.  Anklin Forrest in Waxhaw NCThe neighborhood is the perfect place to find the amenities of a custom-built luxury home.  Anklin Forrest is a small neighborhood of homes built between 2006 and 2010.  Quaint historic downtown Waxhaw is nearby along with several shopping areas.

How did the 2010 real estate market in Anklin Forrest compare with the 2009 market in the neighborhood?  The table below shows median values for several characteristics of the marketplace.  Eight single family homes sold in the neighborhood in 2010 compared with 6 in 2009. 

Anklin Forrest Real Estate Market Comparison

Single Family Homes

Median sales prices increased 2.6% in 2010.  Median square footage remained essentially the same over the two years indicating that closed prices increased on a square footage basis.  Median days on the market doubled in 2010 while the median list to sale ratio increased to 96%.

Anklin Forrest
Single Family Market Update
Median Closed Price Median Home Square Footage Median Days on Market Median List to Sale Ratio
Year 2009 $389,500 3221 47 94%
Year 2010 $400,000 3288 92 96%

Source:  Carolina Multiple Listing Service

Anklin Forrest Types of Closed Sales

Fifty per cent of Anklin Forrest sales in 2010 were resales.  New construction accounted for most of the rest.

Anklin Forrest Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 4 50%
New Construction 3 37.5%
Foreclosure n/a n/a
Short Sale 1 12.5%

Source:  Carolina Multiple Listing Service 

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

Anklin Forrest Homes for Sale

Click here to see Anklin Forrest homes for sale.

Ever wonder what your Anklin Forrest home is worth?

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


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