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Regency At Palisades Active Adult Neighborhood 2024 Real Estate Report

By
Real Estate Agent with Coldwell Banker Realty 179530

Regency At Palisades Active Adult Neighborhood In SW Charlotte Near Lake Wylie

Real Estate Report 2024 + Neighborhood Spotlight

 

Regency at Palisades experienced no change in average and median home sale prices in 2024 compared with the previous year. The average price per square foot rose 3% year-over-year to $283.

 

Home sales declined by 30%, with only 21 properties sold, partly due to the completion of new construction by Toll Brothers, who developed this neighborhood, reducing available inventory. The average days on market increased by 24% to 87 days. It is worth pointing out that the new construction homes with 364 DOM skewed the days on market average number.  The resale homes averaged 57 days on market.

 

The list-to-sale price ratio declined 3% year-over-year to 98.3%, offering buyers a slight opportunity to negotiate on price. Part of this decrease stemmed from the incentives Toll Brothers offered buyers to sell off their final inventory in 2024. Resale homes saw a list to sale price ratio of 99%, about 1% higher than the new construction homes. Meanwhile, the months’ supply of inventory surged 59% to 0.43 months. Despite this increase, with less than half a month’s supply, Regency at Palisades remained a strong seller’s market in 2024.

 

 

REGENCY AT PALISADES 2024 HOME SALES 

Regency at Palisades, an active adult community in SW Charlotte near Lake Wylie home sales in 2024

   

MEDIAN SALE PRICE TRENDS IN REGENCY AT PALISADES

(ROLLING 12 MONTHS)

 

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

 

Regency at Palisades Active Adult Community in Charlotte Near Lake WylieRegency at Palisades, Regency at Palisades is an exclusive, not age-restricted, active adult community situated within the Palisades neighborhood.  Catering to the needs and preferences of mature adults, Regency at Palisades offers a luxurious and vibrant lifestyle set against the backdrop of the scenic Lake Wylie area.

 

Designed with discerning adults in mind, Regency at Palisades features a range of upscale amenities and resort-style facilities aimed at promoting an active and social lifestyle. Regency at Palisades provides active adults with a dynamic and enriching living experience, combining luxurious amenities, scenic surroundings, and a vibrant social atmosphere.

 

An on-site lifestyle director organizes events, clubs and activities for residents. The indoor/outdoor pools and pickleball and tennis courts are especially popular. Whether enjoying a round of golf, attending a fitness class, or simply relaxing by the pool, residents of Regency at Palisades find themselves immersed in a fulfilling and rewarding lifestyle tailored to their unique needs and preferences.

 

Homes at Regency at Palisades  are typically around five years old, with the oldest dating back about ten years. The majority are one-story, though 1.5-story and two-story options are also available. Lot sizes average approximately 0.2 acres. Floor plans include three-bedroom homes with 2.5 to 3 bathrooms and four-bedroom homes with 3 to 3.5 bathrooms. On average, homes offer around 2,700 square feet, with larger models reaching up to 3,400 square feet. Lawn maintenance and irrigation are covered by the monthly HOA fee.

 

 

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 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.

 

The 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.

 

 Regency at Palisades Map 

 

SEARCH FOR REGENCY AT PALISADES HOMES FOR SALE

 

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 Regency at 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
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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:
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Lately I have been primarily an Active Adult Agent, and I would love working in this Community. Thanks for sharing, make it a great Saturday and enjoy your weekend! Bill

Bill Salvatore, Realtor- Arizona Elite Properties

Feb 01, 2025 05:29 AM
Nina Hollander, Broker

Bill Salvatore - East Valley good morning, Bill. I seem to work with the 55+ group in spurts. Regency at Palisades is a gorgeous community.

Feb 01, 2025 06:48 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Looks like a level playing field in this market (which is often the case in 55+ communities. Great report as always.

Feb 01, 2025 06:39 AM
Nina Hollander, Broker

Jeffrey DiMuria 321.223.6253 Waves Realty for any active adult who wants golf and lake access, this is a great community. Wishing you a good weekend.

Feb 01, 2025 06:49 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

Nina, Looks like the Regency at Palisades market is holding steady in the median selling home price and sometimes, no change is a great thing!

Feb 01, 2025 07:21 AM
Nina Hollander, Broker

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... the new construction homes drove the prices way up last year.

Feb 01, 2025 09:56 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina and hope that Toll Brother get with the program.  Thank you for sharing the market report with us on this Saturday.

 

Feb 01, 2025 08:50 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Nina- Just for fun I took one of the virtual tours that was linked!  I liked it and could easily live there!!!

Feb 01, 2025 11:24 AM
Nina Hollander, Broker

Kathy Streib hi Kathy... if I wasn't so used to living in Ballantyne, I'd move over there myself! They are beautiful homes.

Feb 01, 2025 11:51 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I guess no change is better than a negative change, haha.  You do a great job of staying on top of the real estate market in Regency at Palisades!

Feb 02, 2025 05:44 AM
Nina Hollander, Broker

Brian England hi Brian... this is one of my favorite active adult communities in the Charlotte area.

Feb 02, 2025 05:56 AM