Charlotte's Raintree Home Sales Report & Community Spotlight: Q1-2021

By
Real Estate Agent with Coldwell Banker Realty

 

Raintree Neighborhood in South Charlotte

Real Estate Report & Community Spotlight

 Quarter 1 - 2021

 

Raintree neighborhood in south Charlotte with over 1,700 homes is a perfect example of how critically low listing inventory is throughout the Greater Charlotte area. Just 11 single family homes sold in Quarter 1, 2021 and just 10 homes were listed for sale. This lack of inventory drove home sale prices up by 11.47% and reduced days on market to just 10 days from 14 days one year ago.

 

Townhomes and condos in Raintree were also in short supply in Quarter 1, 2021. The neighborhood saw just 10 closed sales and six new listings in the first quarter. Average days on market dropped almost 93% from 28 days one year ago to just two days in 2021. Median days on market also dropped significantly year-over-year by 67%.

 

Raintree Real Estate Snapshot

 

Raintree Neighborhood In South Charlotte Home Sales Snapshot Quarter 1-2021

 

Detailed Report On Raintree Home Sales In Quarter 1-2021

 

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.

 

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. The Raintree Country Club is celebrating its 50th anniversary in 2021.

 

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.

 

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.

 

Map of Raintree Neighborhood In South Charlotte

 

RAINTREE IS ONE OF BALLANTYNE AREA'S HOTTEST SELLING NEIGHBORHOODS

 

Hottest Selling Ballantyne Area Neighborhoods In South Charlotte

 

SEARCH FOR RAINTREE HOMES FOR SALE  

 

 

 

WONDERING WHAT YOUR RAINTREE HOME IS WORTH?

 

Wondering What Your Charlotte Area Home Is Worth?

 

 

FREE Home Seller Guide: “Things To Consider When Selling Your House,”

 

 

THINKING OF SELLING YOUR RAINTREE HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE 

   

     

 Nina Hollander and Carolinas Realty Partners, Coldwell Banker Realty are Raintree and south Charlotte specialists. We've been opening doors for Raintree home buyers and sellers for 20+ years. Call us 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 how:

 "The Right Broker Makes All The Difference."


 

 

 

Posted by

 

 

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Comments (14)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, seeing this is a good-sized neighborhood with so few sales just speaks loudly about the limited inventory.

Apr 20, 2021 09:57 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

Another one of your stellar communities and market reports on Raintree.  We have a gorgeous day here,  albeit on the cool side.  A

Apr 20, 2021 10:32 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I enjoyed your Raintree Market report Nina. The status quo seems to be active 🙂 I hope you have a great day my friend.

Apr 20, 2021 11:15 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Joan...it's really crazy... everyone asks if the market will crash. The only way it will crash is if we run out of homes to sell and no sales happen.

Apr 20, 2021 12:05 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Alexandra... thank you... pretty sunny day at my end today, as well with 73 degrees. But we are expecting some cooler weather for a couple of days later this week.

Apr 20, 2021 12:05 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Paul... the housing market is just insane at my end... nothing on the market to sell in the neighborhoods everyone clamors for. Happy Tuesday to you!

Apr 20, 2021 12:06 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Wonderful compliation of stats Nina! Charlotte's Raintree community is experiencing the same as our area with extremely low inventory. Am working on a few listings for clients who are moving out-of-area.

Apr 20, 2021 03:50 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will love your outstanding local community reports.

Apr 20, 2021 04:18 PM
Andrea Bedard
Thompson Company, REALTORS® 240.593.2860 - Silver Spring, MD
Fluent in German and Real Estate * M.A. ABR ASP

That's a very comprehensive market report for the Raintree subdivision Nina that buyers and sellers alike will surely appreciate. 

The number of sales is low for such a large community! Anyone thinking of selling in the neighborhood would be wise to contact you asap. 

Apr 20, 2021 07:42 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Charlotte home buyers and sellers are sure to value your real estate market report, Nina.

Apr 21, 2021 03:14 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Wanda... I really don't want my clients moving out of town... I'd miss them. But these days you kind of hope for it just to get some listing inventory. :)

Apr 21, 2021 04:32 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Roy... thank you as always for taking time to stop by my blog post.

Apr 21, 2021 04:33 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thanks, Andrea. It really is mind boggling that we have so many communities with hundreds, if not thousands of homes and so little inventory.

Apr 21, 2021 04:33 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good Wednesday morning, Myrl. Trust your week is going well. Thanks as always for stopping by!

Apr 21, 2021 04:34 AM

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