Union County, NC Real Estate News

By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
South Charlotte's Highgrove: February 2024 Housing Market Overview ūü﹬†Charlotte, NC - Highgrove Neighborhood¬†Developed in the late '90s and completed in the mid-2000s, the Highgrove neighborhood, crafted beautifully by Crescent Communities, sits in the vibrant heart of South Charlotte's esteemed Ballantyne Community.These homes embody elegance, with prices ranging from approximately $1,225,000 to $2,595,000+. They offer spacious living areas between 3,000 and over 10,000 square feet, mostly accompanied by roomy 3-car garages, situated on substantial lots varying from 0.25 to 0.6 acres ‚ÄĒ many boasting private swimming pools.¬†Built by renowned local developers such as Cyras Homes and Kingswood, Highgrove breaks the mold with its distinctive and prestigious homes, each reflecting a differen...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Chatelaine in Focus: The Latest Waxhaw NC Real Estate Insights | FEB 2024 Prepare to be captivated by the enchanting homes of Chatelaine! Each residence exudes regal charm, showcasing a variety of architectural designs while embracing a delightful European theme throughout. These homes are a minimum of 3,500 square feet, offering an abundance of space to live and thrive. Get ready to indulge in the finest appointments that the South Charlotte area has to offer. Welcome to CHATELAINE, a gated luxury home community nestled in the desirable South Charlotte/Waxhaw area. Here, you'll discover the perfect blend of elegance and warmth, all while enjoying the added benefit of low Union County taxes. It's truly a haven for those seeking both luxury and financial savvy. But what truly sets Chatel...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in November 2023...What you need to know... Key take-aways about the Indian Trail area (28079 zip code) housing market in November 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median sale prices improved from October and year-over-year. New listings declined a fifth consecutive month by 14.6% from October and declined almost 31% compared with November 2022. This was the lowest level of listings in over three years. Housing inventory was at its lowest level since April 2023. Months supply of inventory at 3.85 months kept Indian Trail in "seller territory in November 2023, but slowly pushing Indian Trail into more of a balanced market. Days on market increased both ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
LATEST NEWS ON THE WAXHAW AREA HOUSING MARKET...WHAT YOU NEED TO KNOW...¬†Median Sale Price Up 21.6% Year-Over-YearAverage Sale Price Up 14.43% Year-Over-Year¬†Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code‚Äďencompassing the three towns of Waxhaw, Marvin and Weddington)-- included the following in November 2023: Closed home sales declined both month-over-month and year-over-year. The list to sale price ratio was just under 100% at 99.19%, limited the ability of home buyers to negotiate on price and remained unchanged both month-over-month and year-over-year. Median sale price¬†unchanged from the prior month, but increased almost 22% compared with November 2022. Average sale price declined¬†slightly from the prior month, but increased 14...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Highgate Market Highlights and Insights ‚Äď December 2023Weddington, NC -¬†Highgate Community, located just beyond the border in Union County, along Providence Road (Hwy 16), epitomizes luxury living with its luxurious and beautifully crafted neighborhood. Drawing buyers from across the nation, Highgate stands out with its exquisite homes, intricately designed landscapes and a prime location.¬†Its proximity to I-485 makes commuting effortless for residents, whether they're heading to Uptown, Ballantyne, SouthPark, Fort Mill, the UNCC area or the Charlotte Douglas International Airport.¬†The community is part of the esteemed Weddington school district, offering the added benefit of nearby private schools as well. Residents also enjoy the slightly lower property taxes of Union County. The annu...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Chatelaine in Focus: The Latest Waxhaw NC Real Estate Insights | DEC 2023 Prepare to be captivated by the enchanting homes of Chatelaine! Each residence exudes regal charm, showcasing a variety of architectural designs while embracing a delightful European theme throughout. These homes are a minimum of 3,500 square feet, offering an abundance of space to live and thrive. Get ready to indulge in the finest appointments that the South Charlotte area has to offer. Welcome to CHATELAINE, a gated luxury home community nestled in the desirable South Charlotte/Waxhaw area. Here, you'll discover the perfect blend of elegance and warmth, all while enjoying the added benefit of low Union County taxes. It's truly a haven for those seeking both luxury and financial savvy. But what truly sets Chatel...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in October 2023...What you need to know... Key take-aways about the Indian Trail area (28079 zip code) housing market in October 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Average home price was flat compared with September 2023 and slightly down from October 2022. Median home price increased slightly from September 2023 and was flat compared with October 2022. New listings declined a fourth consecutive month by almost 28% from September and declined almost 40% compared with October 2022. This was the lowest level of listings in Indian Trail since April 2023. Housing inventory declined year-over-year and month-over-month to its lowest level since April 2023. Months supply of inv...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Market Report Zip Code 28104 | NOV 2023Matthews & Weddington share zip code 28104, and both continue to show strong performance in home sales even with increased days-on-the-market. There remains increased interest in the area. The history in Matthews runs deep, but most of the town’s 25,000+ residents have relocated to Matthews in the past decade, attracted by affordable homes in beautiful new subdivisions, strong schools, lower taxes and the historic, pedestrian-friendly downtown.  Some historic Matthews homes remain around the fringes of Matthews town center, however the Matthews area has seen tremendous growth with new subdivisions.  Homes for sale in Matthews range from transitional to historic colonial to craftsman style. Weddington encompasses approximately 17 square miles or 11,...
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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...¬†Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code‚Äďencompassing the three towns of Waxhaw, Marvin and Weddington)-- included the following in October 2023: Closed home sales increased from September 2023, but declined year-over-year. The list to sale price ratio was just under 100% at 99.1%, limited the ability of homes buyers to negotiate on price. Median sale price¬†declined¬†from September, but increased 6.65% compared with October 2022. Average sale price declined¬†both month-over-month and year-over-year. Average days on market decreased to 18 days from September's 35 days. This was the lowest number of days on market since August 2022. Waxhaw ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Highgate Market Highlights and Insights ‚Äď November 2023Weddington, NC - Highgate Community - Nestled just over the border in Union County along Providence Road (Hwy 16), this lavish and meticulously crafted neighborhood stands as a beacon for luxury living. Highgate attracts buyers from every corner of the country with its remarkable homes, carefully designed landscapes and an unbeatable location.¬†Thanks to its close proximity to I-485, residents find commuting a breeze whether they're heading to Uptown, Ballantyne, SouthPark, Fort Mill, the UNCC zone or the Charlotte Douglas International Airport.¬†Residents of Highgate are served by the highly respected Weddington school district, with the added convenience of nearby private schooling options. Plus, the slightly lower property taxes of...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Chatelaine in Focus: The Latest Waxhaw NC Real Estate Insights | Oct 2023 Prepare to be captivated by the enchanting homes of Chatelaine! Each residence exudes regal charm, showcasing a variety of architectural designs while embracing a delightful European theme throughout. These homes are a minimum of 3,500 square feet, offering an abundance of space to live and thrive. Get ready to indulge in the finest appointments that the South Charlotte area has to offer. Welcome to CHATELAINE, a gated luxury home community nestled in the desirable South Charlotte/Waxhaw area. Here, you'll discover the perfect blend of elegance and warmth, all while enjoying the added benefit of low Union County taxes. It's truly a haven for those seeking both luxury and financial savvy. But what truly sets Chatel...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Crismark In Greater Charlotte's Indian Trail, NCReal Estate Report & Neighborhood Spotlight: Quarter 3 - 2023 Crismark home sales in Quarter 3-2023 saw the average sale price remain flat year-over-year. Quarter-over-quarter, average home prices increased significantly and were at their highest level compared with the first two quarters of 2023. Median home sale price declined compared with the same quarter one year ago, but increased quarter-over-quarter. And as with the average sale price, the median sale price was at its highest level compared with the first two quarters of the year. Just seven homes sold in Quarter 3-2023, down 46% from one year ago. Crismark is a neighborhood with some 900 homes, so 23 closed sales in nine months were just a drop in the bucket in 2023. Low inventory...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Cureton Neighborhood in Waxhaw, NC: Real Estate Report & Community Spotlight: Quarter 3 - 2023 Cureton Median Sale Price Up 42% Compared With Quarter 3-2022Cureton home sales in Quarter 3-2023 saw median home prices jump 42% compared with the same quarter one year ago. Average home prices increased 10% from one year ago. Home prices also increased from Quarter 2-2023. The 11 homes sold in Quarter 3-2023 was the highest number of homes sold in a single quarter this year and almost equal to the number of homes sold in the first two quarters of the year combined. Average days on market increased year-over-year and quarter-over-quarter, but were still a respectable 30 days. List to sale price ratio was just under 99%, flat compared with the same quarter one year ago and slightly down from t...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Somerset Neighborhood in Waxhaw, NCReal Estate Report & Community Spotlight: Quarter 3 - 2023 List To Sale Price Ratio: 107.27% | Days On Market Just 2 DaysSomerset home sales Q3-2023 saw average and median home sale prices increase 18% and 12%, respectively, compared with the same quarter one year ago. Home prices also increased significantly over Quarter 2-2023. The list to sale price ratio increased to 107.27%. Lack of inventory in Somerset kept it a seller's market in Quarter 3-2023 and was reflected in the average two days on market for listed homes. SOMERSET HOME SALES SNAPSHOT: QUARTER 3 - 2023 SOMERSET HOME SALES SNAPSHOT: QUARTER 2 - 2023 SOMERSET HOME SALES SNAPSHOT: QUARTER 1 - 2023   To track sales in Somerset "real time," click here for our Neighborhood Analyzer Report and ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Lawson Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood Spotlight: Quarter 3 - 2023 Days On Market Decline To 12 Days Lawson had a strong showing for home sales in Quarter 3-2023. Although home sale prices were down compared with Quarter 2-2023, both average and median home sale prices increased from Quarter 3-2022. Given the wide range of home prices in Lawson, it's not unreasonable to assume that the quarter-over-quarter sale prices were affected by the price mix of homes sold in the Third Quarter. List to sale price ratio of 100.48% in Quarter 3-2023 was flat compared with the same quarter one year ago. Days on market declined 14% to 12 days from one year ago and were three days lower than in Quarter 2-2023. The number of properties sold also declined year-over-year (-35%)...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Millbridge in Waxhaw, NCHome Sales Report & Neighborhood Spotlight: Quarter 3 - 2023 Millbridge home sales held their own in Quarter 3-2023 both year-over-year and quarter-over-quarter. Compared with the Third Quarter 2022, average and median sale prices increased 11% and 7% respectively.  Quarter-over-quarter,  the list to sale price ratio declined by 1%, but it was just under 100%. Year-over-year the list to sale price ratio was flat. Days on market were 28 up 10 days from the second quarter. The number of properties sold was down 21% compared with the same quarter one year ago, but was up by eight homes from the previous quarter. MILLBRIDGE HOME SALES SNAPSHOT: QUARTER 3- 2023  MILLBRIDGE HOME SALES SNAPSHOT: QUARTER 2- 2023 MILLBRIDGE HOME SALES SNAPSHOT: QUARTER 1 - 2023 To track s...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Weddington Chase Neighborhood in Marvin, NCReal Estate Report & Neighborhood Spotlight: Quarter 3 - 2023   Weddington Chase List To Sale Price Ratio 103+% in Quarter 3 Weddington Chase average and median home sale prices increased 12% and 16%, respectively, in Quarter 3-2023 compared with the same quarter one year ago. Sale prices were flat compared with the Second Quarter 2023. Days on market decreased 25% year-over-year to nine days compared with Quarter 3-2022. Home sellers realized 103+% in list to sale price ratio, which was 2% higher than in the Third Quarter one year ago. WEDDINGTON CHASE HOUSING MARKET SNAPSHOT: QUARTER 3-2023    WEDDINGTON CHASE HOUSING MARKET SNAPSHOT: QUARTER 2-2023    WEDDINGTON CHASE HOUSING MARKET SNAPSHOT: QUARTER 1-2023    MEDIAN SALE PRICE TRENDS FOR HO...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Indian Trail real estate market in August 2023...What you need to know...What it means for you... 2.29 Months Of Inventory In August Kept Indian Trail A Home Seller's MarketKey take-aways about the Indian Trail area (28079 zip code) housing market in August 2023, which includes the towns of Indian Trail, Stallings, and Hemby Bridge in Union County, include: Both average and median home prices increased year-over-year and month-over-month. New listings declined from almost 32.99% compared with August one year ago. New listings declined slightly from July 2023. Housing inventory declined year-over-year and was up slightly month-over-month. Months supply of inventory at 2.29 months kept Indian Trail in "seller territory" in August 2023. Days on market increased by 3 days...
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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‚Äďencompassing the three towns of Waxhaw, Marvin and Weddington) included the following in August 2023: Closed home sales decreased in August. By the same token, closed sales in August were at their third highest level since September 2023. The list to sale price ratio still at over 100% at 100.81%. Median sale price¬†declined¬†from July, but was equal to the median sale price in August one year ago. Average sale price declined¬†both year-over-year and month-over-month. Average days on market decreased to 20 days from July's 28days. August's days on market were 13 days fewer th...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Highgate Market Report | SEPT 2023Weddington, NC - Highgate Community - Nestled just over the border in Union County along Providence Road (Hwy 16), this lavish and meticulously crafted neighborhood stands as a beacon for luxury living. Highgate attracts buyers from every corner of the country with its remarkable homes, carefully designed landscapes and an unbeatable location. Thanks to its close proximity to I-485, residents find commuting a breeze whether they're heading to Uptown, Ballantyne, SouthPark, Fort Mill, the UNCC zone or the Charlotte Douglas International Airport. Residents of Highgate are served by the highly respected Weddington school district, with the added convenience of nearby private schooling options. Plus, the slightly lower property taxes of Union County are a p...
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