What Happened In Charlotte Area's Waxhaw Housing Market In Sept 2015?
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
September 2015 showed a respectable performance for home sales in the Waxhaw area of the Charlotte metro area (the 28173 zip code--encompassing Waxhaw, Weddington, and Marvin). The average sale price of Waxhaw area homes increased by 8.8% to just over $412,000 versus September 2014. Median days on market for property listings dropped by 16 days to 36 days, a 30.8% improvement over the same period last year. Price per square foot also increased by 5.5% to $116/square foot during September 2015 versus September 2014. Closed sales in Waxhaw/Weddington/Marvin areas decreased 10.2% in September 2015. Pending sales were also down versus September 2014 with 82 fewer homes going under contract. With new listings down almost 6% on top of an almost 11% decrease in the prior month, it's p...
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