Waxhaw Real Estate Market

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June 16, 2011

June 2011 Waxhaw Real Estate Market Conditions

By Jo Ann Doyle
As one of the oldest towns in Union County, Waxhaw takes its name from the Waxhaws, an Indian tribe that once inhabited the area.  Our close proximity to Charlotte allows us the much sought after balance of both small town charm and big city convenience. 

If you do a search of listings in Union County the city that shows up on the listing may not be the city that the home is in.  How can that be you say, that is because most of Union County is made up of small Cities and Villages which do not have their own post office.  Some examples might be that Marvin shows up as Waxhaw as does Weddington, some parts of Wesley Chapel may show as Monroe and Stallings might show up as Matthews.  To know which city or if you are in an unincorporated area don't hesitate to give me a call and I will be able to determine it for you.

The current update is based on activity of single family homes that took place only during the month of May.

Active (Total of all current actives on 5/31)  
295 homes
Avg. List Price - $490,204
Avg. Days on Mkt. - 175

Active - Due Dilligence   ***
13 Homes
Avg. List Price - $459,046
Avg. Days on Mkt. - 171

Pending 
35 Homes
Avg. List Price - $306,319
Avg. Days on Mkt. - 80


Sold 
68 Homes
Avg. List Price - $454,124
Avg. Days on Mkt. - 118
Avg. Sales Price - $435,667
Avg. SP/LP - 96%

*** Active Due Dilligence - homes is under contract but within the Due Diligence Period

 



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Carolinas Choice, Realtors Jo Ann Doyle

Carolinas Choice, Realtors
Jo Ann Doyle


8240 Ballantyne Commons Pkwy., Box 49545
Charlotte, NC 28277
OFC: 704-243-3818
CELL: 704-258-8732
WEB: http://JoAnnSellsCharlotte.com

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