Waxhaw NC Real Estate Market Report--January-March 2010
Waxhaw NC Real Estate Market Report—January-March 2010
How did the Waxhaw NC real estate market fare in the first quarter of 2010 and how did it compare with 2009?
The Waxhaw NC real estate market slowed during the first quarter of 2010. The average sales price for single family homes was off six percent from 2009’s average price. Townhomes and condos in Waxhaw showed a more dramatic drop in activity with only one unit selling at a 30% decline in average sales price.
Waxhaw NC Average Real Estate Prices, Homes Sold, and Average Days on Market
The chart below shows average sales prices in Waxhaw NC for single family homes and townhomes in 2009 plus first quarter 2010.
Single Family Homes in Waxhaw NC
2009 Average Sales Price: $319,902 First Quarter 2010 Average Sales Price: $300,199
2009 Number of Homes Sold: 205 First Quarter 2010 Number of Homes Sold: 29
2009 Average Days on Market: 130 First Quarter 2010 Average Days on Market: 112
Townhomes and Condominiums in Waxhaw NC
2009 Average Sales Price: $146,624 First Quarter 2010 Average Sales Price: 102,000
2009 Number of Homes Sold: 19 First Quarter 2010 Number of Homes Sold: 1
2009 Average Days on Market: 112 First Quarter 2010 Average Days on Market: 50
Source: Carolina Multiple Listing Service
Most Active Neighborhoods in Waxhaw NC 2009
The most active Waxhaw NC neighborhoods are listed below. Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.
Cureton
Anklin Forrest
Lawson
Quellin
Millbridge
Copyright 2010. Carol Fox. Allen Tate Realtors. *Waxhaw NC Real Estate Market Report—January-March 2010*