Raintree Neighborhood in South Charlotte
Real Estate Report & Community Spotlight
Raintree neighborhood in south Charlotte with over 1,700 homes is a perfect example of how low listing inventory was throughout much of the Charlotte region in 2022, resulting in increasing home prices for both single family homes and condo/townhouses, low days on market, and list to sell ratios at 102+% for the year.
RAINTREE SINGLE FAMILY HOME SALES
For the full year ended December 31, 2022, Raintree's single home sale prices increased, the number of properties sold decreased, and homes sold in an average of 14 days, despite an increase in days on market. In the fourth quarter of 2022, Raintree saw a softening in home prices, with average home prices down, median home prices up just 4%, days on market doubling, and the list the sale price ratio dropping to 96.65%.
RAINTREE SINGLE FAMILY HOME SALES SNAPSHOT: 2022
RAINTREE SINGLE FAMILY HOME SALES SNAPSHOT: QUARTER 4-2022
RAINTREE TOWNHOME & CONDOMINIUM SALES
Raintree did not see the same softening in townhome and condo sales in the fourth quarter 2022, as it did in single family homes. For the full year ended December 31, 2022, both average and median sale prices increased, as did the number of properties sold. The list to sale price ratio and the low six days on market remained steady compared with one year ago. Fourth quarter was also strong with home sale prices up, list to sale ratio over 101% and average days on market of just 14 days, despite an increase in the days.
RAINTREE TOWNHOME/COND HOME SALES SNAPSHOT: 2022
RAINTREE TOWNHOME/CONDO HOME SALES SNAPSHOT: QUARTER 4-2022
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.
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 22+ 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: