Raintree Home Sales: Q3-2023
Raintree Homes Sales in South Charlotte
Real Estate Report & Community Spotlight: Quarter 3 – 2023
Days On Market Down To Just 7 Days
RAINTREE HOMES SALES: SINGLE FAMILY HOMES
Raintree single family home average and median home sale prices increased in Quarter 3-2023 compared with the same quarter one year ago. They also increased compared with the first two quarters in 2023. List to sale price ratio increased 1% over one year ago. Days on market declined to just seven days in Quarter 3-2023 and were substantially lower than one year ago and in the prior two quarters of 2023. The number of properties for sale was at its highest level at 16 — higher than in the same quarter one year ago and higher than in the prior two quarters 2023. When one considers that Raintree has over 1,700 homes, 16 property sales in one quarter is a drop in the bucket. This lack of inventory also accounts for the increase in home sale prices, the list to sale price ratio, and the low days on market.
RAINTREE SINGLE FAMILY HOME SALES SNAPSHOT: QUARTER 3 – 2023
RAINTREE SINGLE FAMILY HOME SALES SNAPSHOT: QUARTER 2 – 2023
RAINTREE SINGLE FAMILY HOME SALES SNAPSHOT: QUARTER 1 – 2023
RAINTREE TOWNHOME & CONDOMINIUM SALES
Raintree’s townhome and condominium average home price increased from the sale quarter one year ago, while the median sale price remained unchanged. Third Quarter’s home prices were lower than in Quarter 2-2023, but much of that differential is attributable to the price mix of homes sold. The number of townhomes and condos sold declined 50% from the same quarter one year ago and also declined from the first two quarters of 2023. The low inventory accounted for the low seven days on market, which were much lower than the days on market we saw in the first two quarters of the year. The list to sale price ratio of just under 100% was flat compared with one year ago, lower than in Quarter 2-2023, but higher than in Quarter 1-2023.
RAINTREE TOWNHOME/CONDO SALES SNAPSHOT: QUARTER 3 – 2023
RAINTREE TOWNHOME/CONDO SALES SNAPSHOT: QUARTER 2 – 2023
RAINTREE TOWNHOME/CONDO SALES SNAPSHOT: QUARTER 1 – 2023
Get To Know Raintree
Raintree is an 1,100+ acre neighborhood with over 1,700 single family homes, townhomes, and condos, containing separately managed “sub-neighborhoods.” Raintree includes the communities of Deerpark, Williamsburg, Timberidge, Raintree Lakes, Raintree Greens, Crestview, Cricket Lake, Golfview, Greenview Terraces, Kensington, and more.
Raintree homes were built primarily during the 1970’s and 1980’s. You’ll find home styles that include traditional one and two story homes, contemporary style homes, ranch homes, split level and split foyer homes, A-frame homes, basement homes, as well as townhomes and condos. There’s even a circular home in Raintree. Home sizes range from under 1,000 square feet to well over 4,000 square feet. Home prices range from the $200,000’s to over $700,000.
Built around the Raintree Country Club and Golf Course, many homes back up to the golf course or to one of Raintree’s numerous lakes or ponds.
Celebrating its 50th Anniversary in 2021, the Raintree Country Club offers 36 holes of golf with a north course and a south course, driving range, tennis courts, pool, fitness center, and a clubhouse with dining facilities. Initiation fees are waived for many of the homes in Raintree.
Schools Serving Raintree Residents
Some of Charlotte’s most highly rated public schools serve Raintree residents, including Providence High School, JM Robinson Middle School, Olde Providence Elementary School, South Charlotte Middle School. Top private schools, such as Charlotte Latin, are also nearby.
Providence High School is ranked #12 in the top public high schools in the Greater Charlotte area. It is also ranked #3 out of 90 Charlotte area high schools by niche.com as “best college prep public high school.” JM Robinson is ranked #6 out of 65 public middle schools in Mecklenburg County by niche.com, while South Charlotte Middle School is ranked #11 out of 65 public middle schools. Olde Providence Elementary School is ranked #23 out of 131 public middle schools in Mecklenburg County by niche.com
Prime South Charlotte/Ballantyne Area Location
Raintree’s location in South Charlotte between Pineville Matthews Road, Providence Road, and Ballantyne Commons Parkway provides quick and easy access to I-485, Ballantyne, South Park, Uptown, Matthews, shopping, fine and casual dining, sports venues, movie theatres and more.
RAINTREE IS ONE OF BALLANTYNE AREA’S HOTTEST SELLING NEIGHBORHOODS
SEARCH FOR RAINTREE HOMES FOR SALE
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Nina Hollander, Coldwell Banker Realty is a Raintree and south Charlotte residential real estate specialist. I’ve been opening doors for Raintree home buyers and sellers for 24+ years. Call me about opening some doors for you.
If you’re considering selling or purchasing a home in Raintree or the Greater Charlotte area, I’d love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:
“The Right Broker Makes All The Difference.”
