Raintree In South Charlotte Home Sales And Community Spotlight: 2022

By
Real Estate Agent with Coldwell Banker Realty 179530

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 Neighborhood In Charlotte Single Family Home Sales Snapshot 2022

 

RAINTREE SINGLE FAMILY HOME SALES SNAPSHOT: QUARTER 4-2022

Raintree neighborhood in Charlotte Single Family Home Sales 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 neighborhood in Charlotte Townhome/Condo Sales in 2022

 

RAINTREE TOWNHOME/CONDO HOME SALES SNAPSHOT: QUARTER 4-2022

Raintree neighborhood in Charlotte townhome/condo sales quarter 4-2022

 

 

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.

 

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.

 

Map of Raintree Neighborhood In South Charlotte

 

 

RAINTREE IS ONE OF BALLANTYNE AREA'S HOTTEST SELLING NEIGHBORHOODS

 

 

SEARCH FOR RAINTREE HOMES FOR SALE  

Get the properties you want delivered directly to your email from greathomesincharlotte.com

 

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 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:

 "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

 

 Connect with me also on these sites:  

 

facebook twitterlinkedinpinterest

  

                                                                                                                                          

Oh by the way, I'm never too busy for any of your referrals!

 

Find Your Charlotte Home

 

How Much Is My Home Worth       Free Charlotte Relocation Package

 

 

 

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)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina and great information for your clients in this area and you do a great job of letting us know here in the Rain.  Make it a great start to the week!

 

Jan 23, 2023 08:05 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm thank you, Will, for stopping by today. Wishing you a productive week ahead.

Jan 23, 2023 08:23 AM
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Selling the Main Line & Chester County

This sounds like a wonderful place to call home, the idea of all those ponds and water features throughout the community is inviting. It also sounds as if pricing has levelled off a little allowing buyers to negotiate a little.

Jan 23, 2023 08:48 AM
Roy Kelley
Retired - Gaithersburg, MD

Families considering a move to the area will love your outstanding local real estate reports.

Jan 23, 2023 09:00 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander, Broker - the Raintree community in SC had a very successful 2022.  You are the right Broker to help Raintree clients in this interesting market we are now in. 

Jan 23, 2023 09:26 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

A substantial increase for DOM for both Raintree Townhome and Single family.  Something I am sure full time professional Nina Hollander, Broker is keeping a close eye on for her clients.  mdm

Jan 23, 2023 10:08 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Nina Hollander, Broker  Raintree sounds like a great area to live in and you are just the agent to call when looking to buy or sell 

Jan 23, 2023 01:54 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Nina- This is another very thorough market report for RAintree in South Charlotte. With the market making adjustments, buyers and sellers crave this information. 

Jan 23, 2023 02:08 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I sure wish our condominium market was as strong as that of Raintree Nina…

Jan 23, 2023 02:12 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Raintree home buyers and sellers are certain to value your real estate market report, Nina.

Jan 23, 2023 08:54 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wow Nina have not seen sales price to list price like that in six months:)) enjoy while it lasts, Endre

Jan 23, 2023 11:14 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Nick Vandekar, 610-203-4543 hi Nick... I know you are familiar with Raintree. It's an amazing neighborhood and always in demand for location, schools, amenities, etc.

Jan 24, 2023 05:21 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thank you, Roy... a great compliment for me on National Compliment Day. I totally appreciate it and you!

Jan 24, 2023 05:21 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Mark Don McInnes, Sandpoint-Idaho good morning, Mark... the days on market are up after all those interest rate hikes... but at the same time, they are still relatively low and prices continue to increase, albeit more slowly, because inventory is still tight in Raintree when you look at the number of total sales in a 1,700+ home community.

Jan 24, 2023 05:23 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hannah Williams thanks, Hannah... Raintree is a very popular community and I've sold my share of homes there over the years. Some years back I sold a listing there at the highest price Raintree had seen in over five years (this was right after the Great Recession).

Jan 24, 2023 05:24 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib hi Kathy... buyers and sellers are craving information. On the one hand they see headlines saying the market is crashing. On the other hand, they are hearing from people like me that the market is not crashing.

Jan 24, 2023 05:25 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS hi Paul... with two golf courses, Raintree is very popular with the "retiree" crowd in terms of its condos and townhomes. Overlay on that the fact that our townhome and condo market is very tight on inventory... you get sale prices that keep increasing.

Jan 24, 2023 05:26 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat thank you, Myrl, for popping by. I also love seeing your smiling face first thing in the morning.

Jan 24, 2023 05:27 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. hi Endre... overall, that list to sale price ratio in the region is pulling back... but we still have communities where you can't count on much negotiating on price.

Jan 24, 2023 05:28 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sheri Sperry - MCNE® good morning, Sheri... Raintree remains one of the top selling south Charlotte neighborhoods year after year... location, schools, amenities... what's not to like!

Jan 24, 2023 05:29 AM