Anklin Forrest in Waxhaw NC--2010 Real Estate Market Update
Anklin Forrest in Waxhaw NC—2010 Real Estate Market Update
Quality craftsmanship is the hallmark of homes in Anklin Forrest, a Waxhaw NC neighborhood. The neighborhood is the perfect place to find the amenities of a custom-built luxury home. Anklin Forrest is a small neighborhood of homes built between 2006 and 2010. Quaint historic downtown Waxhaw is nearby along with several shopping areas.
How did the 2010 real estate market in Anklin Forrest compare with the 2009 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. Eight single family homes sold in the neighborhood in 2010 compared with 6 in 2009.
Anklin Forrest Real Estate Market Comparison
Single Family Homes
Median sales prices increased 2.6% in 2010. Median square footage remained essentially the same over the two years indicating that closed prices increased on a square footage basis. Median days on the market doubled in 2010 while the median list to sale ratio increased to 96%.
Anklin Forrest
Single Family Market Update | Median Closed Price | Median Home Square Footage | Median Days on Market | Median List to Sale Ratio |
| Year 2009 | $389,500 | 3221 | 47 | 94% |
| Year 2010 | $400,000 | 3288 | 92 | 96% |
Source: Carolina Multiple Listing Service
Anklin Forrest Types of Closed Sales
Fifty per cent of Anklin Forrest sales in 2010 were resales. New construction accounted for most of the rest.
| Anklin Forrest Sales Types | Number of Closed Sales | Percentage of Closed Sales |
| Resale | 4 | 50% |
| New Construction | 3 | 37.5% |
| Foreclosure | n/a | n/a |
| Short Sale | 1 | 12.5% |
Source: Carolina Multiple Listing Service
Read more about Anklin Forrest, its community amenities, builders and public schools: Anklin Forrest in Waxhaw NC: Homes for Sale and Neighborhood Profile
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Copyright 2011. Carol Fox. Allen Tate Realtors. *Anklin Forrest in Waxhaw NC—2010 Real Estate Market Update*