The Waxhaw Real Estate Market continues to move forward at a steady pace in comparison form 9/15-10/15. In comparison of homes sod in 2010 to 2011 has the exact same number of 59. Of these sales, the foreclosures and short sales also remain relatively constant from 11 to 12 in 2011. The new homes did decrease sales from 24 in 2010 to 21 in 2011. This also indicates that buyers are finding more deals on resales. The peak in Waxhaw home sales was back in 2006 when 106 homes sold for the same time period. 2008 was the weakest year (for the same time period) with 43 sales.
We have come a long way in recovering from 2008 and the Waxhaw Real Estate market still is moving froward albeit at a much slower pace than the mid 2000's. The fundamentals of Waxhaw are not just holding steady they are actually strengthening! Kohls recently opened in Marvin (Waxhaw mailing address), the Wesley Chapel shopping area did not exist in the mid 2000's which includes a Super Target and much more. In addition the schools and have expanded dramatically! Weddington High School was the only school in northwest Union county and now there is Marvin Ridge, Weddington, Cuthbertson and Sun Valley. Providence road has been expanded from 2 lanes to 6 and four lanes which alleviated much of the congestion for the Waxhaw commute.
This is a short list of the infrastructural improvements that have occurred in the area. Now add the fact of low property taxes and you will realize that this is still a great place to buy a home and a safe investment for your future. Search Waxhaw Homes for Sale and discover your next home purchase!
