Callonwood in Stallings NC Real Estate Market Report--2011 Mid-Year Review
Callonwood in Stallings NC Real Estate Market Report—2011 Mid-Year
Review
Combine a great location near downtown Matthews
NC, easy access to I-485, and low Union County property taxes and you’ll
know why Callonwood is such a popular neighborhood. Located in Stallings
NC, Callonwood offers a variety of housing styles and price ranges, including
townhomes. Community amenities include a swim club, walking trails, a
playground and sports fields.
Callonwood Real Estate Market Comparison
A detailed comparison of the 2011 year-to-date real estate market in
Callonwood can be found in the tables below. What can Callonwood buyers and
sellers learn from these statistics?
- The single family market in Callonwood is showing improvement over the past
two years with both the median sales price and the size of the homes sold higher
than 2009 or 2010. This means that home sellers on the upper end of the pricing
scale may have an easier time selling their homes in today’s market.
- Larger townhomes have also dominated that segment of the Callonwood market
bringing median closed prices higher than the last two years.
- Callonwood continues to enjoy a relatively healthy market as market resales
and new construction have made up over three quarters of 2011 sales.
Single Family Homes
Callonwood
Market Update |
Median Closed Price |
Median Home Square Footage |
Median Days on Market |
Median List to Sale Ratio |
| Year 2009 |
$240,000 |
3000 |
42 |
96% |
| Year 2010 |
$217,250 |
2584 |
70 |
97% |
| YTD 2011 |
$260,000 |
3388 |
115 |
94% |
Source: Carolina Multiple Listing Service
Townhomes
| Callonwood Market Update |
Median Closed Price |
Median Home Square Footage |
Median Days on Market |
Median List to Sale Ratio |
| Year 2009 |
$142,900 |
1271 |
65 |
97% |
| Year 2010 |
$139,850 |
1214 |
160 |
95% |
| YTD 2011 |
$145,000 |
1335 |
91 |
96% |
Source: Carolina Multiple Listing Service
Callonwood Types of Closed Sales
| Callonwood Sales Types |
Number of Closed Sales |
Percentage of Closed Sales |
| Resale |
13 |
59% |
| New Construction |
4 |
18.1% |
| Foreclosure |
3 |
13.6% |
| Short Sale |
2 |
9.3% |
Source: Carolina Multiple Listing Service
Read more about Callonwood, its community amenities, builders and
public schools: Callonwood in Stallings NC—Homes for Sale and Neighborhood
Profile.
Callonwood Homes for Sale
Click
here to see Callonwood homes for sale.
Ever wonder what your Callonwood home is worth?
Click
here to receive a free market evaluation.
Copyright 2011. Carol Fox. Allen Tate Realtors. *Callonwood in
Stallings NC Real Estate Market Report—2011 Mid-Year Review*