Key Takeaways from Waxhaw May 2020 Statistics:
- Average sale price is $491,482 for May 2020, an increase of 12.5% from last May (May 2019 average sale price is $436,696).
- Days on market until sale: 31, as opposed to last May, it was double that: 62 days.
- Inventory of homes for sale: 223 (341 last year) or -34.6%.
- 97.8% of original list price received (last May it was 96.9%)
- Only 2.1 months supply of homes in Waxhaw – a balanced market is 6 months.
