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Lawson in Waxhaw NC Real Estate Market Report--2011 Year-to-Date Review

Lawson in Waxhaw NC Real Estate Market Report—2011 Year-to-Date Review

2011-11-14

Lawson is a planned community in historic Waxhaw NC.  Distinct villages are arranged around common areas and walking trails.  Cuthbertson Middle and High Schools are located near the neighborhood.

Lawson Real Estate Market Comparison

A detailed comparison of the 2011 year-to-date real estate market in Lawson can be found in the tables below.  What can Lawson buyers and sellers learn from these statistics?

  1. Forty five percent of the sales in Lawson year-to-date are new construction.  Several new builders entered the neighborhood building at a price point lower than previous neighborhood builders.  These sales combined with several foreclosures and short sales accounted for a drop in the 2011 median sales price compared with previous years.
  2. With lower prices, Lawson remains an attractive neighborhood for buyers.

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%
YTD 2011 $294,995 3493 91 96%

Source: Carolina Multiple Listing Service

Lawson Types of Closed Sales

Lawson Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 7 35%
New Construction 9 45%
Foreclosure 3 15%
Short Sale 1 5%

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 Real Estate Market Report—2011 Year-to-Date Review*


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