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Taylor Glenn in Indian Trail NC--2010 Real Estate Market Update

Taylor Glenn in Indian Trail NC—2010 Real Estate Market Update

Click here for an update to the 2011 real estate market in Taylor Glenn.

Taylor Glenn is a large neighborhood in Indian Trail NC where new construction is finishing up at the last lots.  Most of
the homes in the neighborhood have been built with Craftsman-style exteriors. 
Big front porches and stone and shingle accents grace many exteriors in Taylor
Glen.  There are homes for every lifestyle from single family to townhomes and
ranches to two-story homes.  The neighborhood has a number of community
amenities including a swimming pool and clubhouse, playground, walking trails,
pond and ballfields.  Community shopping is nearby at Sun Valley Commons or the
Wesley Chapel Village Commons.

How did the 2010 real estate market in Taylor Glenn compare with the 2009 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. Twenty single family homes sold in 2010 compared with twenty eight in 2009. Two townhomes sold in 2010 versus 7 in 2009.

Taylor Glenn Real Estate Market Comparison

Taylor Glenn had a healthy real estate market in 2010 with only 15% of sales being foreclosures or short sales. New construction dominated the Taylor Glenn market at 50% of all closed sales. Resale homes accounted for the remaining 35% of sales.

The single family median closed price was up 8% in 2010 compared with 2009. The homes sold in 2010 were 24% larger than those sold in 2009. This means that Taylor Glenn single family homes were selling for slightly less on a square footage basis in 2010. Median days on market and the list to sale ratio remain nearly the same in 2010.

Only two townhomes sold in 2010. Their median closed price was higher than in 2009 but so was the size of the townhomes sold, indicating a fall in prices in 2010. Median days on market were higher and the median list to sale ratio dropped to 92%.

Single Family Homes

Taylor Glenn
Single Family Market Update
Median Closed Price Median Home Square Footage Median Days on Market Median List to Sale Ratio
Year 2009 $198,650 2766 47 97%
Year 2010 $214,687 2835 49 97%

Source: Carolina Multiple Listing Service

Townhomes

Taylor Glenn Townhome Market Update Median Closed Price Median Home Square Footage Median Days on Market Median List to Sale Ratio
Year 2009 $111,500 1400 25 98%
Year 2010 $114,750 1588 66 92%

Source: Carolina Multiple Listing Service

Taylor Glenn Types of Closed Sales

Taylor Glenn Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 7 35%
New Construction 10 50%
Foreclosure 2 10%
Short Sale 1 5%

Source: Carolina Multiple Listing Service

Read more about Taylor Glenn, its community amenities, builders and public schools: Taylor Glenn In Indian Trail NC: Homes for Sale and Neighborhood Profile

Taylor Glenn Homes for Sale

Click here to see Taylor Glenn homes for sale.

Ever wonder what your Taylor Glenn home is worth?

Click here to receive a free market evaluation.

Copyright 2011. Carol Fox. Allen Tate Realtors. *Taylor Glenn in Indian Trail NC—2010 Real Estate Market Update*

Posted: Friday, August 19, 2011 4:10 PM by Carol Fox

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