The Reserve Waxhaw NC

Waxhaw Real Estate

The Reserve in Waxhaw

A Real Estate Market Report: The Reserve- Homes Sold, Homes for Sale

The Reserve is a popular Waxhaw community at the corner of New Town Road and Crane, just a few minutes to Rea Road to take you to Ballantyne, Uptown, or to the airport. Schools are the well regarded Sandy Ridge Elementary, and Marvin Ridge Middle and Marvin Ridge High School.
Built by Centex in 2004-2006, they feature many of the popular, open floor plans Centex is known for. Amenities include a terrific pool, playground and walking trails, and a clubhouse for parties and other community events.

Play fields around Large Oak

Large Pool at the Reserve

Playground, open space, walking trails

popular Stratford model at the Reserve

The Reserve Homes For Sale

Showing properties 1 - 5 of 15. See more The Reserve community real estate.
(all data current as of 9/3/2010)

1. $219,000 : 811 Wendermere Cir, Salisbury
   
   3 beds, 2 full baths

   MLS #: 971077

   Listed with Wallace Realty
   
2. $350,000 : 592 Quicksilver Trl, Fort Mill
   
   4 beds, 3 full, 1 part baths

   MLS #: 969173

   Listed with First Properties
   
3. $238,000 : 2804 Meherrin Ct, Waxhaw
   
   3 beds, 2 full, 1 part baths

   MLS #: 962879

   Listed with V&C Realty, LLC
   
4. $339,000 : 10011 King George Ln, Waxhaw
   
   5 beds, 3 full baths

   MLS #: 943549

   Listed with Exit First Choice Realty
   
5. $293,777 : 9636 Belloak Ln, Waxhaw
   
   5 beds, 3 full baths

   MLS #: 965440

   Listed with Keller Williams BallantyneArea
   

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Homes Sold in the Reserve in 2009

One of the criteria I’ve been using to determine the market strength of a community is comparing the number of sales in 2009, compared to 2008?  Because 2009 is post financial meltdown, and because our market was the worst in memory in 2009, the idea is if your subdivision sold in 2009 at similar levels to 2008, you are in a Blue Chip neighborhood. By this definition The Reserve is a Blue Chip.

There were 22 homes sold at the Reserve in 2009, compared with 23 in 2008, as reported in the Carolina MLS.

The median price of sold homes at the Reserve was $305,000 in 2009.

5 homes sold under $290,000 at the Reserve

6 homes sold under $312,000, but more than $290K.

4 homes sold under $360,000, but more than 312K.

5 homes sold for over $360,000, the highest being a real outlier at $450,000, $52,000 higher than the 2nd highest selling home.

Home Prices at the Reserve

The median Cost per Square foot was $100 on homes hold in 2009, representing an 11% decrease at the Reserve, the exact average for Union County. The lowest was $79/sf, a nd the highest was $115.00 3 or 4 of the lower prices were short sales or foreclosures, so of the 22, this shouldn’t affect appraisals adversely.

Related Posts

Matthews Homes

Ballantyne Homes

Weddington Homes

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Buying or Selling a Home in The Reserve? Union County? Call us- we are Union County experts, we can help you get it sold, and if you are a buyer, we know where the deals are!!! 704-351-1519