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