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The Palisades Neighborhood In Charlotte Real Estate Report: 2024

By
Real Estate Agent with Coldwell Banker Realty 179530

The Palisades Neighborhood In SW Charlotte Near Lake Wylie

Real Estate Report 2024 + Neighborhood Spotlight

 

In 2024, home sales in The Palisades declined by 10% to 83 transactions compared with the previous year. Despite this decrease, the average home sale price rose by 17% year-over-year, while the median sale price saw an 11% increase. The average price per square foot climbed 7% to $215.

 

The list-to-sale price ratio remained steady at 98.4%, indicating minimal room for negotiation on home prices. Meanwhile, the average days on market increased by 6% to 38 days. The months supply of inventory surged by 72% from 2023. However, with just 0.43 months of supply, The Palisades continued to favor sellers in 2024.

 

THE PALISADES 2024 HOME SALES 

The Palisades neighborhood in SW Charlotte and near Lake Wylie 2024 home sales

     

MEDIAN SALE PRICE TRENDS FOR HOMES IN THE PALISADES

(ROLLING 12 MONTHS)

  

To track sales in The Palisades "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Palisades home sales.

 

  

WHAT TO KNOW ABOUT THE PALISADES IN CHARLOTTE

The Palisades is a 1,600 acre master planned community in Southwest Charlotte, just off of Hwy 49 and situated around Lake Wylie, Charlotte area's second largest lake. The Palisades is known for its stunning waterfront properties, lush greenery, and upscale lifestyle. Homes in The Palisades range in price from the mid-$400,000's to over $1.5 million, with prices averaging in the higher $600,000's. Homes range in size from 2,400+ square feet to over 5,000 square feet. Builders have included Niblock, Toll Brothers, Lennar Homes, Ryland, Standard Pacific, Shea Homes, St, Lawrence, and custom builders (Harris Construction, Kingswood, Jordan James, Stanley Martin, Arcadia, amongst others). Homes were first built in 2005 and there is still new construction in The Palisades today.

 

Homes for sale in Charlotte's Palisades neighborhoodThe Palisades community is comprised of some 20 neighborhoods. These include: Ashton Oaks (custom homes); Austin's Creek; Bear Creek (gated); Briar Cliff; Crosshaven; Eagles Landing (gated); Highcliff; Lantern; Marbella; Montage; Morningside; Regency at Palisades; Rusty Creek; The Ranch (gated equestrian neighborhood); Treetops (custom homes); Turtle Point; Westerham (gated 11 home enclave); Whispering Pines.

 

Community amenities for all residents in The Palisades include a Clubhouse, outdoor pool, playground, tennis courts, walking trails. Additional private, membership amenities include the Palisades Country Club, which features an 18-hole Jack Nicklaus Golf Course, a Tim Wilkinson Sports complex with grass tennis courts, hard tennis court, clay courts; a yoga center, state of the art fitness center; dining options. Palisades Park offers soccer fields. There's also an equestrian center and the Catawba Yacht Club, the Carolina Boat Club. The 1,132 acre McDowell Nature Preserve is also minutes away. This is resort-style living at its best.

 

One of the defining features of the Palisades is its proximity to Lake Wylie, a 13,400-acre reservoir known for its recreational activities such as boating, fishing, and water sports. Residents of The Palisades enjoy easy access to the lake, allowing them to indulge in a range of outdoor adventures right in their backyard. 

 

Overall, The Palisades neighborhood offers a tranquil retreat from the hustle and bustle of city life, while providing residents with an unparalleled combination of luxury living, natural beauty, and community amenities. Whether enjoying a round of golf, relaxing by the lake, or exploring the surrounding area, Palisades residents find themselves immersed in a lifestyle that truly embodies the essence of Charlotte living. 

   

CLOSE TO EVERYTHING CHARLOTTE HAS TO OFFER

With just a 30-minute ride to Uptown Charlotte, residents easily enjoy theatre, professional sports, ballet, opera, symphony and a plethora of dining options, museums and more. Local shopping is just 10 minutes away at the Rivergate Shopping CenterBaxter Town Center is just 15 minutes away. Charlotte Premium Outlets and Berewick Town Center are also just 15 minutes away from The Palisades. All the amenities and shopping in Charlotte’s upscale South Park area are just under 30 minutes away.

 

Palisades Neighborhood In SW Charlotte Map

 

SEARCH FOR HOMES FOR SALE IN THE PALISADES

 

SEARCH FOR CHARLOTTE GOLF COURSE COMMUNITY HOMES

 

SEARCH FOR HOMES IN SOUTHWEST CHARLOTTE

 

SEARCH FOR LAKE WYLIE HOMES

 

 

WONDERING WHAT YOUR 28278 ZIP CODE OR PALISADES HOME IS WORTH?

Wondering what your home in Charlotte's Palisades and Regency Palisades are worth?

 

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

 

If you're considering selling or purchasing a home in Charlotte's Palisades neighborhood,  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 

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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.

 

Show All Comments Sort:
Dennis Neal
Exp Realty of Southern California, Inc. - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

The Palisades offers an incredible combination of luxury and nature, with its proximity to Lake Wylie and top-tier amenities like the Jack Nicklaus Golf Course. Despite the slight dip in home sales, the rise in prices reflects the strong demand for properties in this sought-after community. For anyone looking for an upscale lifestyle with access to both outdoor adventures and city conveniences, The Palisades is hard to beat!

Jan 29, 2025 11:04 AM
Nina Hollander, Broker

Dennis Neal thanks, Dennis for popping by! The Palisades is a very special neighborhood. The dip in sales stems more from new construction ending there than any lack of demand for homes there.

Jan 29, 2025 12:14 PM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Another market area in your neck of the woods that is holding its own. Great report as always. 

Jan 29, 2025 11:30 AM
Nina Hollander, Broker

Jeffrey DiMuria 321.223.6253 Waves Realty thanks, Jeff... neighborhoods like The Palisades seem to hold their own through thick and thin.

Jan 29, 2025 12:15 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Another wonderful neighborhood Nina Hollander, Broker . I am curious as to if the older neighborhoods have seen the same amazing increase in values and interest of the Buyers?

Jan 29, 2025 07:03 PM
Nina Hollander, Broker

Bob "RealMan" Timm good morning, Bob... we consider neighborhoods like The Palisades "older" as they were building there more than 15 years ago already. Quite frankly, I'm stunned at the increases in home prices in many neighborhoods all around Charlotte where 20 years ago I couldn't give away a house!

Jan 30, 2025 04:11 AM
Joe Mojica
Laer Realty Partners Bowen - Port St Lucie, FL
Your Home Adds Value to You

Nina, you have put another Charlotte community under my radar.  Wow, it sounds like a very high-end community with a lot to offer- even an equestrian center and easy access to fun places.  

 

Jan 29, 2025 07:06 PM
Nina Hollander, Broker

Joe Mojica good morning, Joe... The Palisades includes some amazing custom homes, as well as more "normal" homes. It's a community with something for everyone.

Jan 30, 2025 04:12 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina Hollander, Broker  I had no idea you had a Palisades too:) now with that being said we are 97 % contained now in our Palisades, Endre

Jan 29, 2025 09:15 PM
Nina Hollander, Broker

Endre Barath, Jr. good morning, Endre... hearing that is music to my ears.

Jan 30, 2025 04:13 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very  much, Nina, for posting your outstanding local community reports,

Jan 30, 2025 10:25 AM
Nina Hollander, Broker

Thank you, Roy, for faithfully checking in on my posts!

Jan 30, 2025 10:40 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, I am still so surprised at how well your neighborhoods did last year including Palisades.  Great job.

Jan 30, 2025 03:31 PM
Nina Hollander, Broker

Joan Cox good morning, Joan... so many people still moving to Charlotte and demand for still outstrips supply of homes.

Jan 31, 2025 04:07 AM