Barrington in Waxhaw NC Real Estate Market Report--2011 Year-to-Date Review
Barrington in Waxhaw NC Real Estate Market Report—2011 Year-to-Date
Review
Barrington is a popular new construction neighborhood in Waxhaw
NC. Nearing completion, the Barrington community is a great place to find full
brick homes. Neighborhood residents enjoy community amenities including a
clubhouse, two pools, a playground and walking trails.
Barrington Real Estate Market Comparison
A detailed comparison of the 2011 year-to-date real estate market in
Barrington can be found in the tables below. What can Barrington buyers and
sellers learn from these statistics?
- There were only two resales in Barrington in 2011. Resale sellers will have
to compete with new construction homes until the neighborhood is complete. This
means that the resales will have to be in tip top condition and priced
competitively.
- Barrington is a good neighborhood for buyers who wish to purchase a
full-brick new or nearly new home. Prices have risen in the neighborhood since
2010.
Single Family Homes
Barrington
Market Update |
Median Closed Price |
Median Home Square Footage |
Median Days on Market |
Median List to Sale Ratio |
| Year 2010 |
$305,503 |
3101 |
74 |
98% |
| YTD 2011 |
$334,732 |
3304 |
1 |
100% |
Source: Carolina Multiple Listing Service
Barrington Types of Closed Sales
Most of the 2011 sales were new construction.
| Barrington Sales Types |
Number of Closed Sales |
Percentage of Closed Sales |
| Resale |
2 |
83% |
| New Construction |
10 |
17% |
| Foreclosure |
n/a |
n/a |
| Short Sale |
n/a |
n/a |
Source: Carolina Multiple Listing Service
Copyright 2011. Carol Fox. Allen Tate Realtors. *Barrington in Waxhaw
NC--2011 Year-to-Date Market Report*