Charlotte's Raintree Neighborhood Real Estate Report: Quarter 3 - 2021

By
Real Estate Agent with Coldwell Banker Realty

Raintree Neighborhood in South Charlotte

Real Estate Report & Community Spotlight

Quarter 3 - 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 3, 2021 and just nine homes were listed for sale. This lack of inventory drove home sale prices up by 23.71% and reduced average days on market to just 12 days from 20 days one year ago. Median days on market were just four days. Average sale price in Quarter 3, 2021 was $507,536; median sale price was $505,000. Home sellers received 101.6% of of list price in final sale price. Home sale prices in the Third Quarter 2021 ranged from $383,000 to $625,000.

 

Townhomes and condos in Raintree remained in relatively short supply in Quarter 3, 2021. The neighborhood saw 16 closed sales and 16 new listings in the Third Quarter. Average days on market dropped three days to 13 year-over-year. Median days on market were just four. Average sale price in Quarter 3, 2021 for Raintree townhomes and condos increased 23.5% to $260,026; median sale price increased 32.4% to $250,000. Home sellers received 103.2% of list price in final sale price. Townhome and condo sale prices ranged from $195,000 to $335,000 during the Third Quarter 2021.

 

Raintree Real Estate Snapshot: Q3 - 2021

Raintree Neighborhood In Charlotte Real Estate Report Quarter 3 2021

Detailed Report On Raintree Home Sales In Quarter 3 - 2021

 

Get To Know Raintree

Raintree Neighborhood in Charlotte, NCRaintree 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.

 

Raintree Country Club In Charlotte, NCBuilt 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.

 

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.

 

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
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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 (26)

Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

Raintree sounds like a wonderful Community. Thanks again for the post, have a productive day.  Bill Salvatore 

Oct 27, 2021 04:57 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bill Salvatore - YVP Blog good morning, Bill... Raintree is a very popular community in south Charlotte/Ballantyne area. Happy Wednesday to you.

Oct 27, 2021 05:04 AM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Nina- Raintree sounds like a lovely community to live in! It's easy to understand why inventory is so limited

Oct 27, 2021 05:18 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib hi Kathy... right now it seems inventory is limited in just about every neighborhood I follow and/or sell in regularly.

Oct 27, 2021 05:55 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, great market update for Raintree in South Charlotte, and no slowing down whatsoever!  

Oct 27, 2021 06:03 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Nina - I am certain that the shortage in Charlotte is forcing people to make long drives into their jobs from the exerbs.

Oct 27, 2021 06:15 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... top Charlotte schools, great location inside Hwy 51... homes just fly off the shelves in Raintree.

Oct 27, 2021 06:34 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Grant Schneider hi Grant... no doubt that lack of inventory keeps pushing people further out in the Charlotte area.

Oct 27, 2021 06:34 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

Raintree as per your description sounds like a lovely area to live in.  Too bad lack of inventory is so rampant in your area.  Happy Wednesday.  A

Oct 27, 2021 06:45 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Seems that so many of the neighborhoods you sell in are short in supply of inventory. Raintree continues the trend. Come on sellers...Now is the perfect time to list with Nina!

Oct 27, 2021 06:46 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Wednesday morning, Nina.

Take care, be safe and have an outstanding day.

Oct 27, 2021 06:50 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... Raintree was first built to attract the golfing enthusiast at a budget... not so "budget" anymore.

Oct 27, 2021 07:17 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 good morning, Sheila... Raintree is suffering from a lack of inventory as are virtually all of our neighborhoods with top schools in prime locations.

Oct 27, 2021 07:18 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley thanks, Roy, for stopping by and the good wishes. Wishing you a wonderful Wednesday, as well. Trust your winds have died down.

Oct 27, 2021 07:18 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We have a lovely day in Maryland after strong winds and thunderstorms yesterday and last night.

Oct 27, 2021 07:20 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley glad to hear it, Roy. Lovely and sunny here in Charlotte, as well... but a bit chilly this morning.

Oct 27, 2021 07:28 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Oct 27, 2021 07:51 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat Good morning, Myrl... thanks much for popping by today... trust you'll have a wonderful Wednesday.

Oct 27, 2021 08:02 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

hello Nina and you sure have the great information on Real Estate in your area.  Know wonder you do lots of business.  

Oct 27, 2021 08:55 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm hi Will... at the end of the day, that's our real value to clients... not our ability to open a door.

Oct 27, 2021 09:25 AM