Waxhaw, Weddington, Marvin Home Sales Report: May 2023. What To Know.
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
LATEST NEWS ON THE WAXHAW | WEDDINGTON | MARVIN HOUSING MARKET...WHAT YOU NEED TO KNOW...WHAT IT MEANS FOR YOU... Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) included the following in April 2023: Closed home sales increased for a third consecutive month and were at their highest level of closed sales since September 2022. The list to sale price ratio was just under 101% at 100.72%. Median sale price declined slightly from April 2023 (most likely due to price mix of homes for sale), but increased year-over-year. Average days on market were at their lowest since September 2022, decreasing 7 days to 19 days in April. Waxhaw housing inventory dropped to its lowest leve...