Callonwood in Stallings NC Real Estate Market Report—2011 Mid-Year Review
Combine a great location near downtown Matthews NC, easy access to I-485, and low Union County property taxes and you’ll know why Callonwood is such a popular neighborhood. Located in Stallings NC, Callonwood offers a variety of housing styles and price ranges, including townhomes. Community amenities include a swim club, walking trails, a playground and sports fields.
Callonwood Real Estate Market Comparison
A detailed comparison of the 2011 year-to-date real estate market in Callonwood can be found in the tables below. What can Callonwood buyers and sellers learn from these statistics?
- The single family market in Callonwood is showing improvement over the past two years with both the median sales price and the size of the homes sold higher than 2009 or 2010. This means that home sellers on the upper end of the pricing scale may have an easier time selling their homes in today’s market.
- Larger townhomes have also dominated that segment of the Callonwood market bringing median closed prices higher than the last two years.
- Callonwood continues to enjoy a relatively healthy market as market resales and new construction have made up over three quarters of 2011 sales.
Single Family Homes
Callonwood Market Update |
Median Closed Price | Median Home Square Footage | Median Days on Market | Median List to Sale Ratio |
Year 2009 | $240,000 | 3000 | 42 | 96% |
Year 2010 | $217,250 | 2584 | 70 | 97% |
YTD 2011 | $260,000 | 3388 | 115 | 94% |
Source: Carolina Multiple Listing Service
Townhomes
Callonwood Market Update | Median Closed Price | Median Home Square Footage | Median Days on Market | Median List to Sale Ratio |
Year 2009 | $142,900 | 1271 | 65 | 97% |
Year 2010 | $139,850 | 1214 | 160 | 95% |
YTD 2011 | $145,000 | 1335 | 91 | 96% |
Source: Carolina Multiple Listing Service
Callonwood Types of Closed Sales
Callonwood Sales Types | Number of Closed Sales | Percentage of Closed Sales |
Resale | 13 | 59% |
New Construction | 4 | 18.1% |
Foreclosure | 3 | 13.6% |
Short Sale | 2 | 9.3% |
Source: Carolina Multiple Listing Service
Read more about Callonwood, its community amenities, builders and public schools: Callonwood in Stallings NC—Homes for Sale and Neighborhood Profile.
Callonwood Homes for Sale
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Copyright 2011. Carol Fox. Allen Tate Realtors. *Callonwood in Stallings NC Real Estate Market Report—2011 Mid-Year Review*
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