Weddington Chase In Marvin/Waxhaw Area Real Estate Report 2024
By Nina Hollander, Broker, Your Greater Charlotte Real Estate Broker
(Coldwell Banker Realty)
Weddington Chase Neighborhood In Marvin/WaxhawReal Estate Report For 2024 + Neighborhood Spotlight In 2024, Weddington Chase saw average and median home sale prices increase by 9% and 10%, respectively, compared to the previous year. The days on market dropped significantly, falling 56% to just 11 days. The average price per square foot rose 13% year-over-year, reaching $245. List to sale price ratio was 101.3%, unchanged from the previous year. A total of 13 properties were sold in 2024, representing a 30% increase from 2023. Year-over-year, the months supply of inventory declined 3.4% to less than half a month at 0.46 months. Despite the slight increase in inventory in 2024, the combination of rising sale prices, reduced days on market, and list-to-sale price ratios above 101%, firmly...
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