Waxhaw Real Estate Market Update (November): How Millbridge Compared — and What It Means for Buyers and Sellers
Everyone seems to have an opinion on the housing market right now.
Some say it’s slowing. Some say it’s shifting. Others say it’s the wrong time to do anything.
November’s numbers tell a much clearer story — especially if you live in Waxhaw or Millbridge.
This isn’t about headlines. It’s about what buyers are actually paying, how fast homes are moving, and where leverage really sits today.
Waxhaw: The Big Picture Market
Waxhaw continues to show price stability — even with more homes on the market.
November Waxhaw stats (the ones that matter):
Median sale price: ~$664,000 (up ~7% year over year)
Price per square foot: ~$210–$215
Average days on market: ~63 days
Inventory: higher than last year, but still under 3 months of supply
What this means for sellers
Prices are still rising, but buyers are more intentional. Homes that are priced correctly and show well are selling. Homes that overshoot the market are sitting.
This isn’t a weak market — it’s a more disciplined one.
What this means for buyers
You finally have options. You’re not rushing into every listing, and you can be more thoughtful — especially outside of the most competitive neighborhoods. That said, well-priced homes are still moving, so hesitation can cost you.
Millbridge vs. Waxhaw
Millbridge continues to behave differently than the rest of Waxhaw.
November Millbridge stats:
Median sale price: ~$690,000
Average sale price: ~$792,000
Price per square foot: ~$210–$212
Days on market: ~30–35 days
Sale-to-list price: ~100% (some homes sold over asking)
What stands out
Millbridge homes sold about twice as fast as the Waxhaw average and held pricing far better. Buyers here weren’t negotiating aggressively — they were acting decisively.
Seller insight
Millbridge sellers are still in a strong position. Demand is consistent, and pricing power remains — especially for homes that are move-in ready.
Buyer insight
This is not a neighborhood where waiting usually helps. If a home checks your boxes and is priced right, someone else is likely thinking the same thing.
Waxhaw & Millbridge Compared to Charlotte
Looking at Charlotte adds important context.
Charlotte November snapshot:
Median sale price: ~$430,000 (up ~1% year over year)
Days on market: ~48 days
Buyer behavior: slower pace, more negotiation
What this means
Charlotte’s market cooled more noticeably. Prices are holding, but buyers feel less urgency and sellers are adjusting expectations.
When you compare the three:
Waxhaw outperformed Charlotte on price growth
Millbridge outperformed both on speed and list-price strength
This is why broad “market” headlines don’t tell the full story. Real estate is hyper-local.
Key Takeaways for Sellers
Waxhaw prices are still trending up, but strategy matters more than timing.
Millbridge sellers remain in one of the strongest positions in the area.
Overpricing is punished faster than it was a year ago — preparation and positioning matter.
If you’re considering selling in the next 6–12 months, understanding your micro-market now is critical.
Key Takeaways for Buyers
Waxhaw offers more choice and slightly more leverage than last year.
Millbridge remains competitive — hesitation can mean missed opportunities.
Charlotte buyers may find more negotiating room, but less momentum.
The best opportunities right now come from knowing where to be decisive — and where patience actually works.
The Bottom Line
The market isn’t doing one thing everywhere.
If you’re buying or selling, the smartest move isn’t reacting to headlines — it’s understanding exactly what buyers are paying right now for homes like yours.
If you want a personalized breakdown for your neighborhood, price point, or buying plan, reach out. A short conversation now can save a lot of guesswork later.