The most popular "move to" county in nearby Charlotte NC is Union county, and these close-in suburbs Weddington, Waxhaw and Marvin- also Matthews in Union county, are communities of special interest to folks relocating to the greater Charlotte area. Union County is known for its bucolic setting and comfortable lifestyle, the area is served by qualioty Union County schools and the well regarded schools at Weddington (Weddington Elementary, Weddington Middle, and Weddington High School) and the campus at Marvin Ridge, with Marvin Ridge Middle School and Marvin Ridge High School, and is a comfortable commute to south Charlotte, the airport, and Uptown Charlotte.
Waxhaw and Marvin families love the new stores at Blakeney (Super Target, Best Buy, Pet Smart to name just a few, complete list) , Weddington families love the new Target and shops at Weddington and Waxhaw-Indian Trail Road. If you want more pictures and community information follow these links, Waxhaw Homes and Communities or Weddington Homes and Communities
233 Homes Sold in these Union County suburbs in the 4th quarter, 2009, ranging from just under $100,ooo to 2.5M. The median home price was $336,555 and the median net cost per square foot was $104.
Homes for Sale Under 350,000 accounted for 58% of the market in 2009, and they had an average cost per square foot of $90.
Homes For Sale under $500,000 accounted for 79% of the market, with an average cost per square foot of $96.
Compared to 2008, There was an 7.9% uptick in homes sales over a slow 2008, and a 11% drop in prices compared to 4th quarter 2009- just a bit higher than the area average.
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| Neighborhood |
#sales | Median C/sf |
| Brookhaven | 12 | 170 |
| Hunter Oaks | 3 | 112 |
| Cureton | 10 | 115 |
| Providence Downs | 5 | 126 |
| Chimneys of Marvin | 16 | 110 |
| Weddington Chase | 6 | 122 |
| The Reserve | 2 | 98 |
| Fairhaven | 11 | 123 |
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| Matthews | Under $350K | 351-500K | >$501K |
| Weddington | Under $350K | 351-500K | >$501K |
| Waxaw | Under $350K | 351-500K | >$501K |
Like to know more numbers on your community? Just let us know- we prepare custom research for clients routinely. And if you like these charts, just sign up on right and get new charts weekly!
Prices reflect the seasonal low point for the year, see below
These 4th quarter price decrease is well within the seasonal margins- demand slows to a crawl from just before Thanksgiving to about now.
Lets look at Median Prices (falling through the quarter) and the Market Action Index- (current sales versus current listings, 30 is neutral, below 30 is a Buyers Market*)
See the rest of the story at Waxhaw Homes
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Moving to Charlotte? Many of our talented Group live in, work and love Waxhaw. Come on down to Union County, NC. Call Terry McDonald at 704-351-1519
Charlotte|Bank of America, Bechtler and Jobs- 3 Big Stories
I'll drink to the end of 2009. I think most of us will, still, it was far from all gloom, and 2010 looks considerably brighter.
WE could argue on the order, but I think these are the biggest 3 stories in 2009, really coming together in the last 45 days.
The Bank will focus on its balance sheet- doing the things they do well, better. In a city that prides itself on its "Can Do" independent spirit, it was welcome news that BOA was able to repay it's TARP loan early and with interest in December.
Finance is one of the kingpins of Charlotte business, so it was good to see Wells Fargo settle in, make a huge contribution to our non-profit sector, and get stronger as the year progressed. I look forward to getting to know them better. However, the headline this year is still that Bank of America, one of the giants, re-committed to Charlotte. That will reverberate through the years.
Now if BOA can get their short-sale procedures in line and out of last place when it comes to us Realtors... I'll be real happy.
This is big news. She is here all the time. I'd been noticing that- I never saw the prior Governor in Charlotte (though I am sure he came) when the Charlotte Business Journal recapped the year in an excellent article out Friday
For the rest of the story, vist Charlotte Homes and Real Estate
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Relocating to Charlotte? We'll help you get here.
Terry McDonald ... Smart buyers and quality Buyer Agents make great deals happen in Charlotte. Call me at 704-351-1519, and I'll get you started.
#CharlotteMustSees
... so if you were visiting Charlotte for a few days to a week, what would you want to see and do?
Terry's Top Ten List of Charlotte "Must See's"
So you are coming to Charlotte, coming to see if moving here makes sense... What should you do while you are here? Where should you stay?
I started with my ideas and perspectives, then I asked the twitter-verse for help and got some new ideas
Starting with the last question first, I'd stay in Uptown Charlotte, or the Southpark area. These two spots are centrally located, full of life, and easy jumping off points to the rest of the area. There is a wide selection of hotel and restaurants in each area, from the 5 star Ritz-Carlton across from Epicenter, to 3 Marriot's Uptown, an Omni and Hilton, or in Southpark, 4 Marriot's ... If golf is your thing, try the Ballantyne hotel. (formerly Ballantyne Resort)
So, this is my list, I'll make notes for families with children, and I've polled some of my younger friends for the 20 something crowd. Here is what I'd be sure and see, no particualr order but as my schedule permitted, and outdoor events are dependent on weather.
NODA- North Davidson (NODA) Gallery Crawls the 1st and 3rd Friday evenings, art and music home in the Arts District. Visit Amelies French Bakery for a sweet, coffee or more, 28th Street late nights or afternoon coffee. Relax in their oh so comfortable European living room.
Museum of the New South- this explains the South and Charlotte's place as a modern city in the South. My first few
years in Charlotte I heard constant references to the "New South" never really understanding its meaning- I guess I
Read on Charlotte Things To Do
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Terry McDonald
704-351-1519
The McDonald Group, Wilkinson and Associates, Broker
Relocation, Distressed Properties, First Homes, Luxury Homes
Top Team 2006, Top 10 2007, Top Agent 2008
LinkedIn: www.linkedin.com/in/terrymcdonald57
http://www.TerryMcDonaldRealEstate.com
http://www.CharlotteCommunitiesOnline.com
Follow me on Twitter @TerryMcDonaldRE
Looking for one site to help understand the whole market? Neighborhood information, community and home searches,from Myers Park to Lake Norman, Davidson to Lake Wylie, Southpark and more... the most extnesive, more information on one page, including market info, I've got the post for you, Charlotte Luxury Homes
Terry McDonald
704-351-1519
The McDonald Team, Wilkinson and Associates, Broker
Relocation, Distressed Properties, First Homes, Luxury Homes
Top Team 2006, Top 10 2007, Top Agent 2008
Charlotte's #1 Video on You Tube- Introduction to Charlotte
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There are 157 properties for sale under $350K in zip code 28203- Dilworth, Southend and Wilmore, 130 are condominiums or townhomes, 27 are single family homes. The average sales price is $233,141, but lets break that down a bit more. The area most know as Dilworth-Charlotte's first negihborhood, and a quick train or bike ride to Uptown, includes complexes like 1315 East, Latta Pavilion, Dilworth Walk, Ordemore, or as real estate brokers know it , Area 5-1.
The average Asking Price- List price of a condo here is $252,201, the median price is a 2 bedroom 1 bath condo at Latta Pavilion for 245,000, about 1050 square feet. There have been 18 sales here since June 1, the median sales price is $242,500. The closeness between Median List, and Median Sold price is a reflection of the strong Buyers market, and December Sellers are always motivated. The Rest of the South Charlotte Real Estate story
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I lead a small skillful Team in the buying and selling of residential and investment property from Waxhaw to Lake Norman. We are knowledgeable, dedicated, and vigorously defend our clients interests.
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