Prescot Neighborhood Market Report, Waxhaw NC

Prescot, a beautiful neighborhood in Waxhaw, NC, offers the perfect setting for all lifestyles. The homes range in size from 1,500-4,000 square feet, 3-5 bedrooms and 3-4 baths. Prescot’s spacious floor plans offer great flex space and wide-open areas, perfect for entertaining. Most homes have hardwood floors, heavy millwork, granite, stainless, fireplaces and beautifully manicured lawns.

Within the community you’ll find great wooded areas with walking trails, a community pool, tennis courts and clubhouse.

The Prescot subdivision is near entertainment, great shopping and dining and is just south of I-485. Uptown Charlotte is a short 20 miles away.

Here are the latest market statistics for the Prescot subdivision in Waxhaw:

As you can see, the average sales price in Prescot has risen 10%, compared to 3% city-wide.

Inventory is painfully low in the Prescot community. Bear in mind, a neutral market is a 6-month supply and Prescot only has a 2.2 month supply!

Price Per Square Foot in Prescot is up 6.6% at $86.

Searching for homes for sale in Prescot? Let us know; we’re happy to show you the neighborhood and give you a tour of the homes for sale in Prescot!