Raintree Neighborhood in South Charlotte
Real Estate Report & Community Spotlight
Quarter 4 - 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 10 single family homes sold in Quarter 4, 2021 and just 9 homes were listed for sale (down 50% year-over-year). This lack of inventory drove home sale prices up by 22.81% and reduced average days on market to just 8 days from 15 days one year ago. Median days on market were just 5 days. Average sale price in Quarter 4, 2021 was $496,050; median sale price was $535,000. Home sellers received a median 104.3% of of list price in final sale price. Home sale prices in the Fourth Quarter 2021 ranged from $355,000 to $650,000.
Townhomes and condos in Raintree remained in relatively short supply in Quarter 4, 2021. The neighborhood saw 9 closed sales and 10 new listings in the Fourth Quarter. Average days on market dropped 56.52% to 10, year-over-year. Median days on market were just 5 days. Average sale price in Quarter 4, 2021 for Raintree townhomes and condos increased 10.38% to $276,298; median sale price increased 21.93% to $253,000. Home sellers received 101.0% of list price, on average, in final sale price. Townhome and condo sale prices ranged from $190,000 to $395,000 during the Fourth Quarter 2021.
Raintree Real Estate Snapshot: Quarter 4 - 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.
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.
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 why experience matters and how: