Millbridge in Waxhaw, NCHome Sales Report & Neighborhood Spotlight: Millbridge home sales remained robust throughout 2022 with both average and median sale prices increasing for the year ended December 31, 2022. What softening we saw in 2022 was a 1% decrease in the list to sales price ratio and an increase in average days on market to 17 days. Home sales were down 30%, but much of that is attributable to the fact that new construction has wound down considerably since 2021 as the neighborhood nears completion. Much of the softening we saw in the Millbridge market not surprisingly came about in Quarter 4-2022. While average and median sale prices increased somewhat, they were down compared with Quarter 3-2022. The list to sale price ratio was also lower in the Fourth Quarter and average... 01/29/2023

Lawson Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood Spotlight It was a strong showing for Lawson homes both in the Fourth Quarter 2022 and throughout 2022. Home sale prices increased year-over-year and quarter-over-quarter. To the extent the Lawson market shifted, it was in higher days on market, which increased to 31 days by the Fourth Quarter, and a lower list to sale price ratio, which was just under 100% in the Fourth Quarter.  Inventory remained tight in Lawson throughout 2022 and was down year-over-year. Just 50 homes sold in 2022 out of 600+ homes in the neighborhood. No doubt, this accounts for sale prices that increased throughout the year. In December 2022, the median sale price of a home in Lawson exceeded $700,000 on a rolling 12-month basis and set a new reco... 01/27/2023

Latest news on the Greater Charlotte Region's real estate market in December 2022...What you need to know... What it means for you...  December 2022 home sales were down year-over-year for a 12th consecutive month in the 16-County Charlotte Region. Pending sales were also down year-over-year for a 12th consecutive month. Sales are happening, but not at the volume or pace of the prior year or even earlier in 2022. Despite, lower closed and pending sales, average list and sale prices increased in December 2022, year-over-year. Home prices are still increasing, but at a slower pace.  Median sale price also increased year-over-year. The median sale price is the best measure of price over time, as it factors out extreme highs and lows in home prices. Month-over-month, both average and median... 01/30/2023

 Quellin Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood Spotlight Home sale prices increased in Quellin throughout 2022, ending the year with a 14% increase. Average sale prices decreased 4% in Quarter 4-2022, while median sale prices increased 1%. Market shift was noticeable in the list to sale price ratio, which was almost 104% in 2022, but had dropped to 98.1% in the Fourth Quarter. Average days on market decreased both year-over-year and in the Fourth Quarter. QUELLIN HOME SALES SNAPSHOT: 2022 QUELLIN HOME SALES SNAPHOT: QUARTER 4 - 2022 MEDIAN SALE PRICE TRENDS FOR HOMES IN QUELLIN(12 Month Rolling Average) To track sales in Quellin "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Quellin home sales.  Why Do P... 01/28/2023