Waxhaw NC Real Estate September 2009
Carolinas Home Place
Cindy Sweeney
www.CinSweeney.com 704.242.0636 cell www.CinSweeney@carolina.rr.com 866.903.9192 fax
What Do the Numbers Tell Us About Home Sales in Waxhaw NC?
Home Pricing: Where Do You Stand? Comparison of total homes for sale versus homes under contract.
| Price Point |
Total Listings |
Cond/Cont |
Pending |
% Under Contract |
Price Point |
Total Listings |
Cond/Cont |
Pending |
% Under Contract |
| $150-$200,000 |
52 |
4 |
3 |
11.53% |
$201-$250,000 |
75 |
10 |
6 |
21.33% |
| $251-$300,000 |
82 |
3 |
13 |
19.51% |
$301-$350,000 |
74 |
1 |
13 |
18.91% |
| $351-$400,000 |
84 |
3 |
4 |
8.33% |
$401-$450,000 |
55 |
2 |
6 |
14.54% |
| $451-$500,000 |
41 |
4 |
1 |
12.19% |
$501-$550,000 |
23 |
0 |
2 |
8.69 |
| $551-$600,000 |
43 |
2 |
3 |
11.62% |
$601-$650,00 |
27 |
1 |
1 |
7.44% |
| $651-$700,000 |
29 |
0 |
3 |
10.34% |
$701-$750,000 |
17 |
1 |
2 |
17.64% |
| $751-$800,000 |
27 |
3 |
2 |
18.51% |
$801-$850,000 |
19 |
0 |
2 |
10.52% |
| $851-$900,000 |
23 |
0 |
1 |
4.34% |
$901-$950,000 |
18 |
1 |
0 |
5.55% |
| $951-$999,999 |
21 |
1 |
2 |
14.28% |
$1M - $2M |
92 |
1 |
2 |
3.26% |
The Fastest Moving Markets: The Slowest Moving Markets
$201-$250,000 $1M-$2M
$251,$300,000 $851-$900,000
$301-$350,000 $901-$950,000
$751-$800,000 $601-$650,000
$701-$751,000 $351-$400,000
Waxhaw NC Housing Market September 2009
Carolinas Home Place
Cindy Sweeney www.CinSweeney.com CinSweeney@carolina.rr.com 704.242.0636 cell 866.903.9192 fax
Are Homes Sales Up or Down in Waxhaw NC?
Will Your Home Sell?
The latest figures from the Carolinas Multiple Listing Service for zip code 28173 show increasing ↑ sales, but decreasing ↓ sales prices.
In 28173, we closed 145 units over the last 2½ months: 84 homes sold between $150,000 and $400,000. An additional 61 homes sold between $400,000 and $2,000,000.
Statistics of these sold properties indicate sales prices received were 93% of listed price; however, this does not tell the story of distressed property sales, prices accepted by lenders post foreclosure or seller price reductions while listed.
A sampling of these SOLD units show less than 2% gave no reductions during the listing period or priced them at correct market value right away. A sampling of homes sold $238,000-$399,000 during this period show total price reductions to original list price at an aggregate of $827,336 before buyers were motivated to submit an offer to purchase. This means sellers lowered prices an average of $43,000 per property.
Distressed properties continue to affect our market and are driving prices down. If you are deciding whether now is the right time to sell, now is the time for strategic planning.
Call me for a free consultation.
Waxhaw NC Housing Market September 2009
Carolinas Home Place
Cindy Sweeney 704.242.0636 www.CinSweeney.com CinSweeney@carolina.rr.com
14039 Hwy 74 E Suite A6-234 Indian Trail, NC 28079
Selling Your Home?
Buying or selling a home can be a complicated process, overwhelming sometimes for those not accustomed to the procedures involved. Don't go it alone. Engage the service of an informed Realtor® to protect your financial interests.
If you were to place a for sale sign in your front yard, do you have access to market data indicating what your best listing price should be and what sales price you could expect to receive?
Do you know the state regulations regarding the sale of real property in North Carolina?
Do you know what your expected closing costs would be and how to calculate them accurately?
Do you know how to properly prepare your home for viewings to ensure the best chance of finding a buyer?
Do you have a marketing plan that would guarantee market saturation for your home to give it maximum exposure?
Do you know how to qualify a buyer to confirm they are serious buyers?
Have you considered safety issues for you and your family?
Wouldn't you be better served with a dedicated representative watching for your best interests?
Carolinas Home Place
| 866.903.9192 fax |
Cindy Sweeney |
704.242.0636 cell |
| 14039 E Hwy 74 |
Suite A6-234 |
Indian Trail NC 28079 |
Active Homes for Sale 28173
| 50 |
$150,000 - $200,000 |
|
69 |
$201,000 - $250,000 |
|
69 |
$251,000 - $300,000 |
| 61 |
$301,000 - $350,000 |
80 |
$351,000 - $400,000 |
49 |
$401,000 - $450,000 |
||
| 40 |
$451,000 - $500,000 |
20 |
$501,000 - $550,000 |
39 |
$551,000 - $600,000 |
||
| 28 |
$601,000 - $650,000 |
26 |
$651,000 - $700,000 |
16 |
$701,000 - $750,000 |
||
| 25 |
$751,000 - $800,000 |
17 |
$801,000 - $850,000 |
22 |
$851,000 - $900,000 |
||
| 18 |
$901,000 - $950,000 |
19 |
$951,000 - $999,999 |
30 |
$1,000,000 - $1,250,000 |
||
| 28 |
$1,251,000 - $1,500,000 |
19 |
$1,501,000 - $1,750,000 |
13 |
$1,751,000 - $2,000,000 |
Average Marketing Days By Neighborhood
| Firethorne |
92 |
|
Kingsmead |
136 |
|
Wesley Oaks |
142 |
| Providence Pines |
138 |
Innisbrook @ Firethorne |
15 |
Southbrook |
14 |
||
| Millbridge |
164 |
Stratford On Providence |
101 |
Providence Downs South |
118 |
||
| Heatherwood |
NS |
Sedgefield |
NS |
Providence Estates |
202 |
||
| The Oaks on Providence |
103 |
The Reserve |
115 |
Hunter Oaks |
76 |
||
| Prescot |
144 |
Providence Acres |
30 |
Barrington |
128 |
||
| The Chimneys of Marvin |
126 |
Canterfield Creek |
90 |
Wyndham Hall |
74 |
||
| Oak Brook Estates |
NS |
Quelline |
136 |
Marvin Creek |
136 |
||
| Providence Downs |
141 |
Cureton |
114 |
Drayton Hall Estates |
NS |
||
| Somerset |
71 |
Willow Creek |
NS |
Stonegate |
151 |
NS = No Sales
I work in South Charlotte, in the heart of Ballantyne and in to Union County. I'm just minutes from the South Carolina border and am licensed in North Carolina and South Carolina.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
